By Sonya Rabbitte, 10 October 2001 11:15
NEWS Negative trading statements from Autonomy, Baltimore and Sage hit UK markets this morning. Accountancy software firm Sage said the US attacks had hurt revenue, but it still expects full year results, due in December, to meet expectations. Shares rose 1.61 per cent after a slight slump. Autonomy dropped 23 per cent in early trading after issuing a third quarter profit warning, but by 09.35(BST) shares had narrowed that decline to 8.59 per cent. Autonomy revenue is now expected to be between £9.8m and £11m, down from earlier forecasts of £15m. Baltimore reported a nine per cent drop in third quarter revenue to £15m, but shares rose almost 19 per cent after the company appointed a new CEO. The FTSE traded down 0.33 per cent and the Techmark fell 0.16 per cent.
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