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BUZZ-Balfour Beatty: shares stage fight back despite further profit warning

** Balfour Beatty (Other OTC: BAFBF - news) stages recovery in early trade after falling as much as 9.6 pct after announcing a further profit warning

** Legacy issues to cut 2015 pre-tax earnings by £120 mln to £150 mln

** Shares rally from worst performers on Stoxx 600 to trade down 1.8 pct

** Suggestions of "travel and arrive" for those shorting stock - trader notes shares weak into announcement, down 9 pct in the preceding 5 days

** Utilisation rate of shares available to borrow rose from 18 pct on 26 June to 23 pct presently, according to Markit (NasdaqGS: MRKT - news)

(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)