** Millennium & Copthorne Hotels falls as much as 4pct, one of the top percentage losers on the FTSE 250
** Q1 pretax profit down 5 pct, hurt by labour costpressures in New York and labour shortages inSingapore
** RevPAR growth of 2.6 pct on a constant currency basiswhich is slower than expected, Panmure Gordon analysts write ina note (RM:aastha.agnihotri.thomsonreuters.com@reuters.net)