3 Shares the FTSE Should Beat Todayhttp://www.fool.com/investing/international/2012/07/25/3-shares-the-ftse-should-beat-today.aspx Alan Oscroft
July 25, 2012
LONDON -- While the FTSE 100 (INDEX: ^FTSE ) muddles along, just 11 points up to 5,510 after losing all its recent gains due to the realization that everything in euroland is not actually coming up roses after all. The markets seem to be paying little attention to the interim reporting season that is upon us.
And though we have seen good results from some, a number of FTSE constituents are not doing so well. We look at three whose shares have dipped today.
With revenue down 15% to 331 million pounds, EBITDA down 36% to 71 million pounds, free cash flow down 47%, and the firm struggling under net debt of 2.1 billion pounds, Yell announced that it is seeking a "new capital structure," which may result in a dilution of current shareholders interests; basically, it needs a massive cash injection, and that's likely to leave current owners with little.
Tullow (LSE: TLW.L )