BT poaches Asos chairman Adam Crozier

17th Aug 2021 08:00

(Sharecast News) - BT Group said on Tuesday that it has poached the chairman of online fashion retailer Asos, Adam Crozier.

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Sunday newspaper round-up: Meggitt, GlaxoSmithKline, Luxury goods

15th Aug 2021 17:08

(Sharecast News) - Ministers must be prepared to block a takeover of Meggitt if any bidder tries to buy it without giving binding commitments on investment and jobs, the FTSE 250 aerospace and defence manufacturer's chairman warned this weekend. Sir Nigel Rudd said that while "clearly, price is important", any new owner would need to give Meggitt and the government undertakings, including to keep the company's headquarters in Coventry and maintain R&D spending. - Sunday Times

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Sunday newspaper round-up: SSE, Herd immunity, Virgin Galactic

8th Aug 2021 16:04

(Sharecast News) - The world's most powerful activist investor has secretly built a stake in energy giant SSE in a move that could lead to a £20billion takeover bid for the FTSE100-listed company. City sources said Elliott Management, which has been dubbed a 'corporate raider' for buying shares and forcing change at large companies, has recently bought a large shareholding in SSE which supplies around five million Britons with energy to their homes. - Financial Mail on Sunday

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BT first-quarter earnings rise 3%

29th Jul 2021 07:35

(Sharecast News) - UK telecoms and broadcasting group BT reported better-than-expected first-quarter core earnings as trading improved across most of its businesses.

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Thursday preview: US GDP, BT Group in focus

28th Jul 2021 11:35

(Sharecast News) - Financial markets' focus on Thursday will be on a preliminary reading for US gross domestic product in the second quarter.

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BT offers wholesale fibre customers long-term price certainty on FTTP technology

1st Jul 2021 08:29

(Sharecast News) - UK telco giant BT will offer its wholesale communications provider customers long-term price certainty on its FTTP technology via a special offer.

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Bharti invests half a billion in UK start-up OneWeb

30th Jun 2021 14:32

(Sharecast News) - Indian firm Bharti Global has invested $500m in UK-based space start-up OneWeb in a deal that also grants the Indian firm a 39% stake in the company.

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EE to reintroduce roaming charges in Europe next year

24th Jun 2021 15:14

(Sharecast News) - Mobile operator EE announced it will charge new UK customers extra to use the data on their mobile phones when abroad to Europe from January 2022.

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News UK and BT fail to agree potential tie-up

22nd Jun 2021 11:12

(Sharecast News) - News UK held talks with telecoms giant BT Group about a prospective commercial partnership, it emerged on Tuesday.

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Monday broker round-up

14th Jun 2021 13:49

(Sharecast News) - Serco: Numis upgrades to buy with a target price of 180p.

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Dealmaker Patrick Drahi buys 12.1% stake in BT

10th Jun 2021 07:02

(Sharecast News) - Patrick Drahi, a multibillionaire telecoms dealmaker, has bought a 12.1% stake in BT to capitalise on the company's involvement in the rollout of faster broadband in the UK.

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BT launches new business unit to help micro-businesses unlock potential

7th Jun 2021 10:41

(Sharecast News) - BT announced on Monday the launch of its New SoHo (Single/Small office, Home office) unit that will focus on helping the smallest UK firms unlock their potential to help restart the national economy.

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Thursday broker round-up

3rd Jun 2021 12:50

(Sharecast News) - Experian: RBC Capital Markets downgrades to underperform with a target price of 2,400p.

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Sunday share tips: Card Factory, BT Group in focus

23rd May 2021 17:37

(Sharecast News) - Writing in the Sunday Times's 'Inside the City' column, Sabah Meddings conceded that Card Factory's road to recovery could be a slow one.

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Berenberg downgrades BT to 'hold' following material rerating

20th May 2021 09:32

(Sharecast News) - Analysts at Berenberg downgraded telecommunications giant BT Group from 'buy' to 'hold' on Thursday, stating the firm's shares had "materially rerated" since upgrading the stock back in August 2020.

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