Thursday 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,
Read moreBT Group wins exclusive contract for NBA games
28th Nov 2013 15:48
Telecoms group BT has now announced that it has reached an agreement with the National Basketball Association (NBA) for live television coverage of top NBA games starting this winter. The announcement comes just two weeks after BT won an exclusive contract to broadcast the UEFA Champions League for
Read moreBT accused by Sky and TalkTalk of unfair accounting practices
27th Nov 2013 09:09
BT Group has been reported to telecoms regulator Ofcom for unfairly charging rivals BSkyB and TalkTalk too much for consumer internet and phone lines. Ofcom's review into the fixed line broadband and phone services market has required BT to explain any changes to how costs are allocated in its annu
Read morePerpetual Income and Growth lifts interim dividend
25th Nov 2013 13:52
- Dividend raised 5.9 per cent - NAV rises 7.7 per cent - Basic revenue per share climbs 9.8 per cent Perpetual Income and Growth Investment Trust raised its first half dividend by 5.9 per cent to 5.40p on the back of an increase in revenue return and net assets. Net asset value rose by 7.7% in t
Read moreLondon close: Ex-div stocks weigh as investors await Fed minutes
20th Nov 2013 16:17
- MPC warns of 'uncertainties' to recovery - FOMC in focus ahead of minutes - Ex-div stocks finish firmly lower techMARK 2,626.20 -0.68% FTSE 100 6,681.08 -0.25% FTSE 250 15,178.75 -0.57% UK markets finished firmly lower on Wednesday after a choppy session as investors adopted a cautious approach
Read moreBSkyB 'keen to do TV sports deal with BT', says CEO
20th Nov 2013 12:19
BSkyB said on Wednesday it wants to end its row with arch-rival BT over TV sports coverage as it signalled an upturn in the TV advertising market. Chief Executive Jeremy Darroch said BSkyB was keen to do a wholesale deal with BT allowing both groups to offer their customers the full range of live s
Read moreLondon close: Stocks rise ahead of FOMC minutes as Aberdeen surges
18th Nov 2013 16:23
- Aberdeen leads financials higher after SWIP purchase - Petrofac plummets on cautious outlook - Fed speculation ramps up ahead of FOMC minutes techMARK 2,653.19 +0.15% FTSE 100 6,723.46 +0.45% FTSE 250 15,290.48 +0.29% UK markets posted decent gains on Monday with the financial sectors providing
Read moreLondon midday: Aberdeen, financials lead markets higher
18th Nov 2013 11:34
- Aberdeen rockets after acquisition of SWIP, results - Petrofac plummets after cautious guidance - FOMC minutes and China reforms in focus techMARK 2,647.58 -0.06% FTSE 100 6,721.15 +0.41% FTSE 250 15,272.88 +0.17% After a subdued start, UK markets pushed into positive territory by Monday lunchti
Read moreLondon open: Stocks slip ahead of quiet day
18th Nov 2013 08:23
- Quiet day on the macro front - Capita, Severn Trent fall after CEO exits - Aberdeen jumps after annual results, acquisition - Petrofac slumps on cautious guidance techMARK 2,636.54 -0.48% FTSE 100 6,682.77 -0.16% FTSE 250 15,223.14 -0.15% Markets opened slightly lower on Monday morning as invest
Read moreBT Openreach CEO Garfield to run Severn Trent
18th Nov 2013 07:21
- Liv Garfield to head up Severn Trent - Tony Wray to retire next year Liv Garfield, currently the head of BT Group's Openreach programme, is set to become the Chief Executive Officer (CEO) of Severn Trent as of next year. Garfield replaces Tony Wray who has announced his intention to retire from
Read moreBroker tips: BT, BSkyB, RBS, Shire
11th Nov 2013 12:10
UBS has maintained its 'sell' rating for BT after the company won the exclusive rights to the UEFA Champions League and UEFA Europa League for three years, raising concerns about the price it paid to secure the deal. The bank said that the company is taking market share but at a large cost, with th
Read moreLondon midday: Financials offset falls from BSkyB, RSA
11th Nov 2013 11:44
- Markets rise but BSkyB and RSA limit upside - Media stocks in focus after BT-UEFA deal - Investors continue to speculate about Fed taper techMARK 2,646.21 +0.22% FTSE 100 6,725.09 +0.25% FTSE 250 15,395.41 +0.35% Decent gains in the financial sector helped UK markets higher on Monday morning, th
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