Friday broker round-up
29th Apr 2016 12:44
(ShareCast News) - BT Group: UBS upgrades to neutral with a 430p target. Howden Joinery: JP Morgan reiterates overweight with a 570p target. Weir: HSBC upgrades to hold with a target price of 1150p JP Morgan reiterates underweight with a target of 735p and Jefferies stays at underperform with 730p
Read moreMonday newspaper round-up: Goldman, BHS, Barclays, EE
25th Apr 2016 07:18
(ShareCast News) - For almost 150 years Goldman Sachs has been the go-to bank of the rich and powerful. But now the Wall Street titan is opening up to the masses on Main Street by offering online savings accounts for as little as $1 on deposit. Goldman's shift down market comes as the bank is under
Read moreSunday share tips: BT Group, Bacanora Minerals
24th Apr 2016 11:49
(ShareCast News) - Shares in BT Group returned almost three times as much as its benchmark as it used its stranglehold on rivals' access to its broadband network to build up its own product offerings, but things are about to change, The Sunday Times's Danny Fortson says in his Inside the City column
Read moreWednesday broker round-up
20th Apr 2016 15:54
(ShareCast News) - Zoopla: Exane BNP Paribas reiterates neutral with a target price of 270p and Canaccord upgrades to buy with a 330p target. Ashmore: Barclays stays at underweight with a 250p target, Societe Generale downgrades to hold with a target price of 295p and Exane BNP Paribas downgrades to
Read moreBroker tips: N Brown, Burberry, BT Group
20th Apr 2016 12:53
(ShareCast News) - Broker Peel Hunt downgraded N Brown to 'reduce' after the specialist fit clothing retailer ran into challenging conditions in the new financial year. Final results were also slightly disappointing, with profit before tax of £84.5m, which was below the broker's £86.2m estimate, tho
Read moreJefferies downgrades BT on impaired visibility
20th Apr 2016 09:23
(ShareCast News) - Jefferies downgraded BT Group to 'hold' from 'buy' and cut the price target to 475p from 515p, pointing to impaired visibility. The bank said BT's outlook is increasingly uncertain, with more elements outside management control. Jefferies said the positive stance it had establish
Read moreBT ups cybersecurity recruiting after demand surge
13th Apr 2016 09:46
(ShareCast News) - BT Group has started a drive to recruit 900 staff over the next year in response to a surge in demand for its cybersecurity services. BT, which currently has more than 2,500 of its global workforce focused on security, said its annual revenues from this sector of the business
Read moreBT facing TV critisicm ahead of looming Champions League rights auction
12th Apr 2016 12:12
(ShareCast News) - BT Group may not be allowed to retain exclusive UK rights to broadcast Champions League football after the current three-season deal, giving confidence to ITV and Sky when they return to the bidding table later this year. A senior official at the European football governing body h
Read moreSunday share tips: BT Group, Burberry
10th Apr 2016 16:40
(ShareCast News) - Three's acquisition of Telefonica's O2 is on the skids after the owner of the former, Hutchinson Whampoa, failed to turn the heads of the European competition authorities, with potential ill consequences for BT Group, the Financial Times's Lex column said. Hutchinson argues that a
Read moreImmedia renews deal on BT Openreach radio station
24th Mar 2016 16:41
(ShareCast News) - Immedia Group scored a major contract renewal on Thursday, convincing BT Group to keep subscribing to its tailormade radio service for the employees of one of its largest divisions. The AIM-traded company said the contract was for the supply of an interactive, 24/7 real time digit
Read moreMobile contract switching made easier under new Ofcom proposals
23rd Mar 2016 10:50
(ShareCast News) - For UK mobile users, moving to a new contract and keeping your existing number will become quicker and easier under new rules proposed by the telecoms regulator on Wednesday. Ofcom said it wanted to make mobile switching quicker and simpler to help support competition in the marke
Read moreBT hit with new Ofcom broadband installation rules
22nd Mar 2016 10:30
(ShareCast News) - BT Group will have to cut the prices and speed installation times for its high-speed business lines, after UK telecoms regulator Ofcom laid out its stricter new rules for its Openreach infrastructure arm. Once they are approved by the European Commission, the stricter new rules ar
Read moreSunday newspaper round-up: Rolls-Royce, Whitbread, Britvic, LSE
20th Mar 2016 16:56
(ShareCast News) - Rolls-Royce has put forward detailed proposals to the government to fill some of the UK's power shortage with a fleet of small reactors built around the company's expertise in generating power for Royal Navy submarines. With the escalating costs and timing of the £18bn Hinkley Poi
Read moreBT picks up BG's Simon Lowth
18th Mar 2016 07:35
(ShareCast News) - BT Group announced the appointment of Simon Lowth as group finance director on Friday, also assigning him an executive board director. Lowth was being hired to replace the FTSE 100 firm's current finance director, Tony Chanmugam, following a handover period. Chanmugam was moving w
Read moreSnoopers' Charter opponents attempt to get BT onside
15th Mar 2016 14:17
(ShareCast News) - Online activism group SumOfUs upped the stakes in its fight against the Snoopers' Charter on Tuesday afternoon, attempting to convince BT to join its fight as the controversial bill was read in the House. Parliament was holding its second reading of Theresa May's updated Investiga
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