Reuters: Hot Stocks: Britain's FTSE dragged down by Shell's profit miss

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Britain's FTSE dragged down by Shell's profit miss Jan 31st 2013, 08:10 LONDON | Thu Jan 31, 2013 3:10am EST LONDON Jan 31 (Reuters) - The FTSE 100 share index eased on Thursday, as a batch of gloomy earnings and outlooks from some of Britain's top companies prompted investors to take profits on the market's January rally to 4-1/2 year highs. Royal Dutch Shell alone took around 6 points off the UK blue chip index after the oil major's fourth quarter profit came in nearly $400 million short of expectations. Drugmaker Astrazeneca was the next biggest weight, with its shares down 3.3 percent after warning that this year will be tough. The FTSE 100 was down 15.80 points, or 0.3 percent, at 6,307.31 by 0804 GMT, extending its retreat from Tuesday's fresh 4-1/2 year high of 6,346.37 points. (Reporting By Toni Vorobyova)

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