BT surges as board said to be on alert for takeover approach
24th Aug 2020 08:18
(Sharecast News) - BT shares surged on Monday following a weekend report the company is on alert for takeover approaches after the collapse in its share price.
Read moreSunday newspaper round-up: NatWest, Rolls Royce, Coronavirus
9th Aug 2020 18:24
(Sharecast News) - NatWest is to push out several top bankers as part of a dramatic overhaul of its investment bank, as new boss Alison Rose attempts to cut ties with its past. The lender formerly known as Royal Bank of Scotland, 62%-owned by taxpayers, is expected to tell staff this week that at least three of its most senior investment bankers will stand down. - Sunday Times
Read moreBT weakness a buying opportunity, says Berenberg
4th Aug 2020 11:03
(Sharecast News) - Berenberg upgraded its stance on BT to 'buy' from 'hold' on Tuesday, as it argued that sentiment towards the shares - which are now the worst in the telecoms sector year-to-date - should recover and that weakness represents a buying opportunity.
Read moreSunday newspaper round-up: BT Group, Big Lenders, Travel firms
2nd Aug 2020 18:23
(Sharecast News) - Could a French telecoms billionaire be circling BT's Openreach arm? The mutter from the City gutter is that the secretive Patrick Drahi has set his sights on the division that maintains Britain's telephone lines and internet cables. Drahi, a powerful dealmaker, now resides in Switzerland but made his fortune in France building telecoms groups Altice. The rumour claims that one of the Altice companies Drahi controls - perhaps Altice USA - has secured financial backing from heavyweight bankers at JP Morgan with a view to paying £20billion for the unit. - Mail on Sunday
Read moreBT first-quarter profit dented by Covid-19
31st Jul 2020 07:17
(Sharecast News) - BT posted a decline in first-quarter profit on Friday as the coronavirus pandemic weighed on revenues.
Read moreBarclays upgrades BT to 'equalweight'
28th Jul 2020 12:51
(Sharecast News) - Barclays lifted its stance on BT to 'equalweight' from 'underweight' on Tuesday, upping the price target to 130p from 115p as it said Openreach's plans to build fibre-to-the-premises for 20 million homes over the next five to 10 years will be a positive.
Read moreDividends plunge at record pace as crisis slashes payouts
19th Jul 2020 14:00
(Sharecast News) - Dividends paid out by UK companies plunged by a record amount in the second quarter as payouts more than halved during the Covid-19 crisis, a survey showed.
Read moreHuawei tech in UK's 5G network to be stripped out by 2027
14th Jul 2020 12:04
(Sharecast News) - Prime Minister Boris Johnson has ordered that all Huawei technology in the UK's 5G network must be taken down by 2027.
Read moreMorgan Stanley sees cycle turning higher for 'value' stocks
13th Jul 2020 13:55
(Sharecast News) - Equity strategists at Morgan Stanley sounded a positive note on so-called 'value' stocks, arguing that the economic cycle was shifting into a 'recovery regime' - but there was catch.
Read moreMonday broker round-up
13th Jul 2020 13:48
(Sharecast News) - Kingfisher: RBC Capital Markets reiterates outperform with a target price of 275.0p
Read moreBT warns UK government against rushing Huawei ban
13th Jul 2020 09:29
(Sharecast News) - BT boss Philip Jansen said on Monday that the UK government should not rush the ban on China's tech giant Huawei from developing the country's 5G network, warning of potential outages and security issues.
Read moreBT warns UK government against rushing Huawei ban
13th Jul 2020 09:29
(Sharecast News) - BT boss Philip Jansen said on Monday that the UK government should not rush the ban on China's tech giant Huawei from developing the country's 5G network, warning of potential outages and security issues.
Read moreSunday newspaper round-up: Coronavirus, British Airways, BT Group
28th Jun 2020 18:52
(Sharecast News) - Britain is on a "knife edge" and likely to see an increase in coronavirus cases by July, a Government adviser has warned. Sir Jeremy Farrar, the director of the Wellcome Trust and a member of the Government's Scientific Advisory Group for Emergencies (Sage), said he was concerned that there will soon be a surge of new infections caused by lockdown restrictions being eased towards the end of May. - Sunday Telegraph
Read moreWedneday broker round-up
27th May 2020 14:15
(Sharecast News) - Hurricane energy: Canaccord downgrades to speculative buy with a target price of 16p.
Read moreMonday broker round-up
18th May 2020 12:55
(Sharecast News) - Land Securities: Barclays upgrades to overweight with a target price of 730p.
Read more