Credit Suisse says markets 'consolidating' not 'correcting', unless ...
14th May 2021 12:46
(Sharecast News) - Stockmarkets are now set to consolidate, given that inflation is now "a bit more" of an issue, but they are not headed for a 'correction', says Andrew Garthwaite at Credit Suisse.
Read moreBT ramps up fibre-to-home rollout target to 25m by end-2026
13th May 2021 07:19
(Sharecast News) - UK telecoms operator BT said it was extending its full-fibre broadband network to 25m premises by the end of 2026, and would aim to fund the 5m extra premises through a joint venture.
Read moreSunday newspaper round-up: AstraZeneca, Virgin Atlantic, Boohoo
9th May 2021 20:21
(Sharecast News) - AstraZeneca boss Pascal Soriot was last night at the centre of an extraordinary row among City investors over his multi-million-pound bonus. The French chief executive has been lauded for rolling out Astra's life-saving Covid vaccine at no profit, as well as fighting off predatory buyers and boosting the company's share price since he took charge in 2012. But Astra's major shareholders are understood to have been locked in heated talks for days after the drugs giant proposed to boost his bonus and performance-related share award by £2.3million to £12million. - Financial Mail on Sunday
Read moreCredit Suisse favours National Grid, Diageo, BT, Vodafone
6th May 2021 13:17
(Sharecast News) - Credit Suisse recommended adding to National Grid, Diageo, BT and Vodafone in a move towards "cyclical" defensive shares.
Read moreBT in talks about part-sale of sports arm
29th Apr 2021 08:40
(Sharecast News) - BT said it was in talks with potential investors in its sports business after press reports said the company was looking to sell a stake in the operation.
Read moreFriday broker round-up
16th Apr 2021 13:17
(Sharecast News) - Dixons Carphone: RBC Capital Markets downgrades to sector perform with a target price of 150p.
Read moreBT in line for 'major rerating', JP Morgan says
16th Apr 2021 11:24
(Sharecast News) - BT's downgrade cycle is in the past and a 'major rerating' is called for, JP Morgan said as the bank increased its price target for the telecoms group's shares and reiterated its 'overweight' rating.
Read moreMorgan Stanley upgrades BT to 'overweight', says overhangs are easing
29th Mar 2021 15:24
(Sharecast News) - Morgan Stanley upgraded its stance on shares of telecoms company BT Group on Monday to 'overweight' from 'equalweight' and lifted the price target to 200p from 125p as it argued that overhangs are easing.
Read moreBT to pay pandemic bonus to 59,000 frontline workers
24th Mar 2021 10:27
(Sharecast News) - BT Group is to pay its frontline workers a one-off pandemic bonus of £1,500, the telecoms group said on Wednesday.
Read moreSector movers: Defensives offset drag from Cyclicals, Telecoms down on 'profit taking'
19th Mar 2021 16:05
(Sharecast News) - Stocks on the FTSE 3500 were modestly lower at the end of the week, wiping out the week's gains in the process.
Read moreBT plans 20m fibre connections after Ofcom market review
18th Mar 2021 08:07
(Sharecast News) - BT confirmed its plans to build full fibre connections to 20 million premises on Thursday, following the outcome of Ofcom's fixed line market review.
Read moreUK raises £1.36bn in 5G spectrum auction
17th Mar 2021 07:42
(Sharecast News) - The UK government on Wednesday said it had auctioned a new tranche of 5G mobile network spectrum for £1.36bn.
Read moreMonday broker round-up
15th Mar 2021 14:06
(Sharecast News) - Moonpig Group: Citigroup initiates at buy with a target price of 550p.
Read moreSunday newspaper round-up: BT Group, Greensill, Chain store outlets
14th Mar 2021 20:46
(Sharecast News) - BT will this week be given the green light to make a double-digit rate of return on a £12 billion investment in full-fibre broadband, in a key verdict by the telecoms watchdog. Ofcom is poised to say on Thursday that the former state monopoly's Openreach division will be able to make a "fair" return on its work to connect 20 million homes to super-fast internet. - Sunday Times
Read moreNumis cuts rating on BT Group to 'sell'
8th Mar 2021 13:07
(Sharecast News) - Numis has cut its recommendation on BT Group to 'sell', arguing that the telecoms giant is unlikely to benefit from some of the tax benefits announced by the chancellor in last week's Budget.
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