London close: Stocks manage gains ahead of US payrolls report
4th Apr 2024 15:58
(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.
Read moreBT Group shares ripe for a re-rating, says JPMorgan
4th Apr 2024 11:56
(Sharecast News) - Shares of BT Group appear heavily undervalued and "ripe for a major re-rating", JPMorgan Cazenove said in a note on Thursday.
Read moreLondon close: Stocks mixed ahead of Fed minutes, Nvidia results
21st Feb 2024 15:01
(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.
Read moreIconic BT Tower to be turned into hotel in £275m deal
21st Feb 2024 09:45
(Sharecast News) - BT Group said on Wednesday that it has agreed to sell the BT Tower to MCR Hotels for £275m.
Read moreLondon close: Stocks mixed as US payrolls come in red-hot
2nd Feb 2024 16:59
(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.
Read moreCiti trims estimates on BT, reiterates 'buy' rating
2nd Feb 2024 12:27
(Sharecast News) - Citi has trimmed its fourth-quarter estimates for BT Group while reiterating its 'buy' rating.
Read moreLondon close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
Read moreBT Group sees FY in line despite flat Q3 earnings
1st Feb 2024 07:01
(Sharecast News) - BT Group reiterated annual guidance as it reported flat adjusted earnings for the third quarter and a rise in revenues driven by higher prices.
Read moreBT in talks with Musk's Starlink over rural broadband offering
15th Jan 2024 08:35
(Sharecast News) - Telecommunications giant BT was said to be in discussions with Elon Musk's Starlink regarding a satellite phone and broadband offering aimed at servicing rural dead spots.
Read moreLondon midday: Stocks reverse gains to turn lower at lunchtime
28th Dec 2023 12:27
(Sharecast News) - London's stock markets had turned negative by lunchtime on Thursday, reflecting a subdued trading environment during the typically quiet period between Christmas and New Year.
Read moreLondon close: Stocks finish weaker amid uninspiring data
21st Dec 2023 16:03
(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, despite a rebound on Wall Street in early trading, as investors digested lacklustre government borrowing and retail sales data.
Read moreSaudi Telecom to approach Patrick Drahi regarding BT stake
21st Dec 2023 07:29
(Sharecast News) - Saudi Telecom may be preparing to approach British Telecom's largest shareholder Patrick Drahi regarding raising its interest in the UK telco.
Read moreDirector dealings: Airtel shareholder crosses 15pc threshold, BT CFO sells stock
14th Dec 2023 16:40
(Sharecast News) - Two significant director dealings were disclosed to the market on Thursday, with one of Airtel Africa's shareholders crossing the 15% holding threshold, while BT's finance chief sold a chunk of his holding.
Read moreLondon close: Stocks slip as investors digest US inflation
12th Dec 2023 16:00
(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.
Read moreLondon midday: FTSE still firmer ahead of US inflation print
12th Dec 2023 12:07
(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.
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