Broker snap: YouView an opportunity for TalkTalk
17th Sep 2010 13:00
The recently renamed YouView, previously known as Project Canvas, offers an opportunity for internet service provider TalkTalk to crank up its average revenue per user, Daniel Stewart believes. The Project Canvas consortium, comprising Arqiva, the BBC, BT, Channel 4, Five, ITV and TalkTalk has conf
Read moreLondon afternoon: Footsie drifts lower
16th Sep 2010 14:13
Footsie fell a bit deeper into the red over the lunch time session as a half-hearted rally following disappointing retail sales figures fizzled out. Kingfisher is a high-flyer after interim profits from the DIY retailer were at the top end of the range of expectations as the group achieved strong g
Read moreFTSE 100 movers: Investec remains cautious
16th Sep 2010 13:36
Fallers dominate the Footsie today. Investment bank and fund manager Investec expects half year operating profit to be marginally higher than the year before as growth in its fund management business outweighed weaker demand for loans. Loan write-downs remain relatively high. Investec says that th
Read moreTechMARK movers: BT downgrade
16th Sep 2010 13:19
Technology shares are some of the worst performers in the market today and TechMark has fallen more than some of the broader indices. Morgan Stanley has downgraded BT from overweight to equalweight. A new five-year IT services contract with Debenhams was not enough to stop the share price retreati
Read moreLondon midday: BoE adds to gloom
11th Aug 2010 12:08
London has lurched lower still after the Bank of England lowered its forecasts for economic growth in 2011 while raising inflation expectations. The Bank is now predicting economic growth of 2.5% in 2011, down from a previous forecast of 3.4%. He predicted that inflation would remain above the 2%
Read moreLondon open: Gloomy start for blue chips
11th Aug 2010 08:55
London has made a gloomy start after last night's disappointing assessment of the US economy by Federal Reserve policymakers. The Bank of England is expected to add to the gloom today if it cuts its estimate of UK growth as is being widely forecast. Only five blue chips are making headway this mo
Read moreXP Power founder trims holding
4th Aug 2010 16:28
XP Power deputy chairman James Peters raised £1.47m from a share disposal two days after bumper interim figures from the power control products supplier. Peters sold 200,000 shares at 735p each. Peters founded XP in 1988 and still owns nearly 2.7m shares, which is equivalent to 14%. That still mak
Read moreINTERVIEW: BT May Bid For UK Mobile Spectrum - CEO
30th Jul 2010 14:56
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BT Group PLC (BT.A.LN) may bid for mobile spectrum in the U.K. government auction, but it's not high on the telecommunication firm's to-do list, Chief Executive Ian Livingston said Friday. "We'll have a look, but again its
Read moreUPDATE: TalkTalk Signs Vodafone Deal As Revenue Rises
30th Jul 2010 09:03
(Adds management comments, details) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--TalkTalk Telecom Group PLC (TALK.LN) said Friday it has secured a new deal with Vodafone Group PLC's (VOD.LN) U.K. wholesale business to give its customers mobile voice and broadband servi
Read moreMARKET TALK: Deutsche Bank Lowers Fastweb To Hold
30th Jul 2010 07:52
0652 GMT [Dow Jones]--Deutsche Bank analysts cut Fastweb (FWB.MI) to hold from buy and lower target price by 8.8% to EUR15.50 to reflect disappointing quarterly results. Analysts acknowledge that the stock is cheap by the news flow is not helpful and believes that the company could benefit from aggr
Read moreLondon close: US gloom offsets company cheer
29th Jul 2010 16:33
Footsie closed slightly in the red, despite starting well on the back of well-received company updates, as weakness in the US spread across the Atlantic. AstraZeneca closed sharply higher. The group's potential blockbuster heart drug Brilinta has received the backing of a US advisory panel just as
Read moreFTSE 100 movers: Results push market higher
29th Jul 2010 14:30
A raft of good results has boosted Footsie today. Scientific journals and magazines publisher Reed Elsevier says advertising and promotion markets are stabilising as underlying revenues increased 1% in the first half. AstraZeneca's potential blockbuster heart drug Brilinta has received the backi
Read moreLondon afternoon: Footsie off the top
29th Jul 2010 14:28
The Footsie drifted lower over the lunch time session though still remained in positive territory, thanks in large part to enthusiastic responses to results from heavy hitters AstraZeneca, BT and Reed Elsevier. AstraZeneca is sharply higher. The group's potential blockbuster heart drug Brilinta has
Read moreUPDATE:BSkyB Earnings Up On Strong HD Demand;Strikes HBO Deal
29th Jul 2010 13:20
(Rewrites, adds detail.) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Takeover target British Sky Broadcasting Group PLC (BSY.LN) Thursday posted solid fourth-quarter earnings as the World Cup boosted demand for its high-definition service, and said it has struck a de
Read moreLondon midday: PartyGaming jumps on bwin merger
29th Jul 2010 11:57
Company results have given traders plenty to ponder and shares are broadly higher, but online betting group PartyGaming is the star performer after announcing a merger with Austrian rival bwin. PartyGaming said the merger would create the world's largest listed online gaming business. Elsewhere i
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