Sector movers: BT boosts telecoms, defensives gain in sell-off
31st Jan 2014 15:22
An upbeat outlook from phone and broadband giant BT boosted the fixed line telecoms sector on Friday after the company's third-quarter statement impressed. Meanwhile, ongoing volatility on the wider stock market - due to emerging-market concerns and rising deflationary risks in the Eurozone - was p
Read moreFTSE 100 movers: BT Group in top spot after strong Q3
31st Jan 2014 15:07
BT Group was the highest riser on the FTSE 100 after the UK phone company reported third-quarter earnings that beat analysts' estimates. The group also raised its earnings outlook for the year. BG Group's shares regained strength following a sharp fall earlier in the week when the British gas explo
Read moreBroker tips: BT, Diageo, Shell...
31st Jan 2014 12:08
Broker Hargreaves Lansdown said BT was 'firing on all cylinders' after the telecoms company forecast annual earnings at the top end of expectations. The broker's Richard Hunter said broadband demand, a strong performance outside the UK and BT's new sport channels had combined to produce "an impress
Read moreLondon midday: Stocks sink after surprise dip in Eurozone inflation
31st Jan 2014 11:35
- BT lifts earnings outlook for full year - Eurozone CPI raises deflation risks - German retail sales fall - FTSE 100 down three per cent on the week techMARK 2,759.01 -0.77% FTSE 100 6,463.74 -1.14% FTSE 250 15,621.08 -0.51% After a subdued start, UK markets sank sharply into the red on Friday mo
Read moreBroker snap : BT 'firing on all cylinders', strong buy
31st Jan 2014 09:10
Broker Hargreaves Lansdown said BT was 'firing on all cylinders' after the telecoms company forecast annual earnings at the top end of expectations. The broker's Richard Hunter said broadband demand, a strong performance outside the UK and BT's new sport channels had combined to produce "an impress
Read moreLondon open: Markets lower ahead of Eurozone CPI, BT gains
31st Jan 2014 08:56
- BT lifts earnings outlook for full year - German retail sales fall, Eurozone CPI ahead - FTSE 100 down two per cent on the week techMARK 2,777.63 -0.10% FTSE 100 6,519.07 -0.30% FTSE 250 15,723.63 +0.14% UK markets were in the red for a third straight day on Friday despite strong gains for heavy
Read moreLondon pre-open: FTSE to inch lower early on
31st Jan 2014 07:22
- FTSE to open down five points - January Eurozone inflation to be closely watched - Eurozone unemployment set to stay at 12.1 per cent City sources predict the FTSE 100 will open five points below yesterday's close of 6,538.45, tracking declines seen in Asia overnight after Japanese stocks fell on
Read moreBT sees annual earnings at the top end of expectations
31st Jan 2014 07:00
Telecoms group BT raised its earnings outlook for the year after its broadband fibre business and its new BT Sport channels helped it to boost profits by eight per cent in the third quarter. BT said it now expected annual pre-tax earnings before interest, depreciation and amortisation to come in at
Read moreSunday newspaper round-up: Supermarkets' property, Lloyds, UBM
26th Jan 2014 16:51
US activist investors are plotting to force Tesco, Sainsbury's and Morrisons to split off their property holdings, the Sunday Times reported. The plan, led by activist fund Elliott, would require them to put their property holdings into separate companies and to sell minority stakes on the stock exc
Read moreBroker snap: BSkyB should aim high in soccer TV rights bid
16th Jan 2014 14:53
Satellite broadcaster BSkyB should go all out to trounce arch-rival BT in the next auction of UK Premier League soccer TV rights, according to Credit Suisse. Credit Suisse said it believed the best way BSkyB could keep a lid on the long-term cost of Premier League rights is increase its control and
Read moreLondon pre-open: FTSE to slump at opening bell
14th Jan 2014 07:02
- Drop of 37 points expected early on - S&P 500 registers worst performance in two months - Focus on UK inflation City sources predict the FTSE 100 will open 37 points below yesterday's close of 6,757.15, tracking declines seen in the US overnight, which saw the S&P 500 register its poorest perform
Read moreThursday newspaper round-up: Lloyds, ARM Holdings, BT...
9th Jan 2014 07:15
Lloyds has started to prepare a prospectus for a sale of about £6bn of its taxpayer-owned stake to ordinary investors and City institutions in what could be one of the Government's most eye-catching measures in the Budget. Steve Davies, co-manager of the Jupiter UK Growth Fund, said: "The timing wor
Read moreFTSE 100 movers: easyJet, BAE Systems, BT Group
11th Dec 2013 15:22
easyJet soared to the top of the FTSE 100 on Wednesday after the airline was upgraded by Goldman Sachs to 'conviction buy'. The bank cited the group's ability to grab market share in the short-haul market in Europe as legacy carriers restructure. Defence and security company BAE Systems gained afte
Read moreMonday newspaper round-up: HSBC, Lloyds, Royal Mail...
9th Dec 2013 07:27
HSBC has sounded out investors about a flotation of its UK arm, in a move that would realise value from its high street banking business and address regulatory pressures. The bank has in recent weeks asked investors whether they would support the sale of a sizeable stake in the UK business. It has a
Read moreBills on lost or stolen mobile phones to be capped
3rd Dec 2013 12:56
A cap will be put on the bills of lost or stolen mobile phones, a government minister has pledged. Culture Secretary Maria Miller revealed the cap would come into play from spring 2014, after the policy was on Monday agreed by all seven of the leading operators, namely Vodafone, BT, Birgin Media,
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