Wall Street Walks Tall but the Footsie Takes a Tumble

Daily MailFebruary 12, 2004

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Summary


RUMOURS that a group of dedicated farmers who call themselves the 'Express Milk Partnership' had filled their churns with stock helped Arla Foods jump 61/4p to 581/2p.

The consortium that supplies the merged Express Dairies and Danish cooperative Arla group with milk, has a long-established investment scheme and a sizable loan facility with bankers, which allows its members to buy shares in the company.

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Extract


Wall Street Walks Tall but the Footsie Takes a Tumble

Up until yesterday they had kept their powder dry, but dealers heard they bought 5m shares at 58p and had left a firm order in the market for a lot more.

Meanwhile, analysts await news rega...

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