Major BT investors speak out about future of Openreach
15th Nov 2015 10:52
(ShareCast News) - Some of BT's biggest investors have spoken out about the possible split of Openreach from the rest of the telecoms giant. Some of BT's biggest investors have spoken out about the possible split of the network from the rest of the telecoms giant. Ofcom has been conducting its once
Read moreSunday newspaper round-up: Renminbi, GSK's pipeline, Brexit worry,
1st Nov 2015 16:08
(ShareCast News) - China's currency, the renminbi, could be promoted to the International Monetary Fund's list of global reserve currencies this week, sending an estimated $1trn (£650bn) of reserves flowing into the yuan. The momentous decision would give fresh impetus to Beijing's reform efforts, t
Read moreBroker tips: Barclays, Cineworld, BT Group
30th Oct 2015 12:01
(ShareCast News) - Analysts at Goldman Sachs lowered their target price for shares of Barclays after the group guided to above consensus on costs, but gave short shrift to concerns about the now lower target from the lender for return-on -equity. The banking group lowered its target for return-on-eq
Read moreNomura sees regulatory headwinds on the horizon at BT, but stays at neutral
30th Oct 2015 11:35
(ShareCast News) - Sky´s aggresive customer retention efforts kept BT Group from accelerating the pace of broadband additions in the second quarter and there were regulatory clouds massing on the horizon, Nomura said. The former neutralised BT´s marketing around the launch of its UEFA content, but t
Read moreFriday broker round-up
30th Oct 2015 10:19
(ShareCast News) - Barclays: Goldman Sachs reiterates to buy. Target price: 335.00p. Bt Group: Citigroup reiterates to neutral. Target price: 485.00p. Smith & Nephew: Credit Suisse reiterates to neutral, cuts target price to 1105.00p. Henderson Group: Citigroup reiterates to buy, keeps target pric
Read moreLondon pre-open: FTSE to open down a touch as investors digest FOMC statement
29th Oct 2015 07:35
(ShareCast News) - London stocks are expected to open a little lower on Thursday as investors digest the Federal Reserve's latest rate announcement and accompanying statement. The FTSE 100 is called to open down five points from Wednesday's close at 6,433. "In September the Fed gave us a dovish hol
Read moreBT revenue growth improves but EBITDA weighed by sport investment
29th Oct 2015 07:06
(ShareCast News) - Underlying sales growth at BT Group improved in the second quarter but operating profits declined due to the telecoms company's diversification into media and investing in sports broadcasting. BT will pay a half-year dividend of 4.4p, a 13% increase on the same period last year bu
Read moreBT revenue growth improves but EBITDA weighed by sport investment
29th Oct 2015 07:06
(ShareCast News) - Underlying sales growth at BT Group improved in the second quarter but operating profits declined due to the telecoms company's diversification into media and investing in sports broadcasting. BT will pay a half-year dividend of 4.4p, a 13% increase on the same period last year, a
Read moreLondon close: Stocks rally ahead of Fed's interest rate decision
28th Oct 2015 16:14
(ShareCast News) - The London stock market closed higher on Wednesday before the Federal Reserve's decision on interest rates. The FTSE ended up 72.53 points to 6,437.80. The Fed releases its policy decision at 1800 GMT and is expected to keep rates at 0.25% amid low inflation and concerns about th
Read moreFTSE 100 movers: Glaxo jumps on results; Meggitt tumbles after profit warning
28th Oct 2015 13:10
(ShareCast News) - London's FTSE 100 index was up 0.8% to 6,415.65 at 1400 GMT as investors awaited the Federal Reserve's policy announcement, which is due after the European close. Pharmaceuticals giant GlaxoSmithKline was the standout gainer after its third-quarter revenue and core earnings per sh
Read moreBT acquisition of EE approved by CMA
28th Oct 2015 07:53
(ShareCast News) - BT's £12.5bn acquisition of the EE mobile network has been provisionally approved by UK competition officials unconditionally and without remedies. The Competition and Markets Authority (CMA) said on Wednesday morning it had decided the acquisition "is not expected to result in
Read moreNetworks to vie for mobile spectrum in GBP70m Ofcom auction
26th Oct 2015 10:58
(ShareCast News) - Mobile networks are expected to splash the cash in an expensive battle early next year to ensure they keep their share of mobile market in the UK, with the last similar auction drumming up £2.3bn for the government. The spectrum auction was originally scheduled by regulator Ofc
Read moreTalkTalk tumbles further as hacking fears linger, MPs launch inquiry
26th Oct 2015 10:56
(ShareCast News) - Shares in TalkTalk and some telecoms sector peers were knocked back for the second time since Friday's cyber-heist, after hackers warned over the weekend that they were planning another attack A parliamentary inquiry into the attack has been planned, culture minister Ed Vaizey tol
Read moreBT encouraged by G.fast broadband speed trials
20th Oct 2015 14:39
(ShareCast News) - Shares in BT Group gained on encouraging early trial results that found its G.fast technology, which can roll out more quickly and cheaply than replacing its entire copper wire network with fibre-optic cable, was capable of achieving speeds of more than 5 gigabits per second. "The
Read moreBT looks to extend fibre coverage, supports minimum broadband speeds
22nd Sep 2015 09:44
(ShareCast News) - A new universal minimum broadband speed and millions of premises to get ultra-fast speeds is part of Britain's digital future, according to BT's chief executive. Gavin Patterson unveiled the company's aim to deliver Britain's digital future and cement the UK's future prosperity as
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