Tuesday newspaper round-up: Weale, negative rates, FCA, BT
26th Jul 2016 07:02
(ShareCast News) - One of the UK's top monetary policymakers has indicated he has changed his mind after a series of negative business surveys and now favours an immediate stimulus for the UK economy. The new stance of Martin Weale, an independent member of the Bank of England's Monetary Policy Comm
Read moreEx-BT manager slams company over infrastructure investment
25th Jul 2016 11:49
(ShareCast News) - A former manager at BT slammed the listed telco over its approach to infrastructure investment on Monday, a day before Ofcom announces its plans for the company's wholly-owned subsidiary Openreach, which has monopoly ownership of Britain's telephone network. On Tuesday, the regula
Read moreSunday newspaper round-up: Brexit, BT, Lloyds, energy companies
24th Jul 2016 11:22
(ShareCast News) - Plans to allow the UK an exemption from EU rules on freedom of movement for up to seven years while retaining access to the single market are being considered in European capitals as part of a potential deal on Brexit. Senior British and EU sources have confirmed that despite stro
Read moreSunday newspaper roundup: Lloyds, UK trade deals, BAE, SABMiller, Lonmin, Uber
17th Jul 2016 12:43
(ShareCast News) - The new government could accelerate the re-privatisation of Lloyds Banking Group and scrap George Osborne's plan for a sale to retail investors, senior financiers believe. While Mr Osborne wanted to make a profit on every share in the bank, only selling when the price stood at abo
Read moreMonday newspaper round-up: BoE groupthink, corporate governanace, BT, Diageo, Tesla
11th Jul 2016 06:53
(ShareCast News) - A former Bank of England economist has called for an overhaul of the central bank's approach to decision making and for the power of the governor to be curtailed, as the first interest rate cut since 2009 is considered in response to the economic turbulence that has followed the B
Read moreTelecoms row over BT's control of Openreach
7th Jul 2016 11:52
(ShareCast News) - BT Group's control over Openreach is being challenged by Sky after findings that the company's £47bn retirement scheme would be unaffected by financial independence for the network unit. Regulator Ofcom will this month publish a detailed proposal for the future of Openreach, a mon
Read moreWednesday newspaper round-up: Sterling, ITV, BT, Ofcom, Network Rail
6th Jul 2016 07:19
(ShareCast News) - The pound plumbed new depths against the dollar and investors rushed for the perceived havens of gold and government bonds as financial turmoil intensified in the wake of the UK's Brexit vote, with sterling hitting $1.2798 in early Asian trading on Wednesday - its lowest in more t
Read moreSunday newspaper round-up: Brexit, BoE, LSE, housebuilders, Rio Tinto, Go-Ahead
3rd Jul 2016 16:58
(ShareCast News) - A group of businesses is preparing a legal challenge to prevent the government from beginning Brexit negotiations without an act of parliament. The action, brought by law firm Mishcon de Reya, would potentially complicate Britain's path to leaving the EU, given that a majority of
Read moreThursday newspaper round-up: Theresa May, City hiring, BT, MyLocal
30th Jun 2016 07:25
(ShareCast News) - Theresa May will on Thursday launch her bid to become prime minister with a promise to restore business confidence and stability to a country reeling from last week's Brexit vote. The home secretary is running as the "safe pair of hands" candidate for the Tory leadership, with all
Read moreFinancials, Fixed-line telecoms pace gains
20th Jun 2016 15:48
(ShareCast News) - Life insurers, Fixed line telecommunications, Banks and financial services paced jumped after a flurry of polls over the weekend pointed to renewed momentum for the 'Remain' camp. The news sent the Footsie to its largest one-day advance since February, with just three of the bench
Read moreUBS sees rebound in Sky, BT Group, TalkTalk on Bremain
20th Jun 2016 12:36
(ShareCast News) - Telecoms stocks should 'outperform' under a 'Leave' scenario, but even in the case of 'Bremain' names such as Sky, BT Group and TalkTalk should see a rebound, analysts at UBS said. In case of Brexit, UBS's strategy team foresaw three potential effects; sterling re-rating to parity
Read moreLondon midday: Financials pace gains as Footsie keeps climbing
20th Jun 2016 12:29
(ShareCast News) - Stocks in London were continuing to move higher come midday on Monday, alongside the largest gain the pound in three months, with investors taking their cue from strong gains in Asia as Brexit polls showed the Remain campaign was in the lead. As of 12:03 BST, the FTSE 100 was 183.
Read moreCredit Suisse reiterates outperform on BT Group
8th Jun 2016 11:34
(ShareCast News) - Credit Suisse reiterated its 'outperform' stance on BT Group stock, telling clients that markets were not yet pricing in the likely outcome to Ofcom´s upcoming Wholesale Local Access (WLA) review, among other factors. Given that Sky had ruled out building a UK fibre network and Ta
Read moreSunday newspaper round-up: AstraZeneca, oil IPOs, M&S, Exova, Tesco
29th May 2016 16:22
(ShareCast News) - AstraZeneca, the UK's second-biggest drug developer, will this week outline its next big hope in the battle against cancer by unveiling new data on a class of treatments, known as DNA damage response (DDR) medicines, at a conference in Chicago. The drugs work by stopping cancerous
Read moreTuesday broker round-up
24th May 2016 14:41
(ShareCast News) - Standard Chartered: Macquarie reiterates to outperform with a 440p target. Britvic: Goldman Sachs stays at buy with a 838p target. Premier Oil: JP Morgan keeps at neutral with a target price of 61p. RBS: Deutsche Bank reiterates hold with a target of 239p. BT: Macquarie reitera
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