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FTSE 100 lower as Paddy Power falls again

Shares in the bookmaker drop 3% as it says it was hit by "adverse sports results" in recent months.

Shares in Merlin, the owner of the London Eye and Madame Tussauds, rise despite reporting flat profits.

The clothing retailer says its shares surge 9.5% after it increases its dividend to shareholders.

Arms giant BAE Systems sees interim half-year earnings rise by 11%.

Shares in the insurer jump 7% after its half-year profits rise.

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