FTSE 250 movers: Keller hit by delays and weak US market, property stocks surge
14th May 2015 12:57
UK stocks rebounded from early losses by mid-afternoon, but recovery remained capped by concerns of Greek instability. Sector-wise, miners and computer services provided the biggest drag, while property stocks and insurers provided a welcome boost. At 2:30 BST, the FTSE 250 was trading 50 points hig
Read moreTalkTalk rings up higher growth targets for 2017
14th May 2015 09:50
TalkTalk, the FTSE 250 telecoms group, raised its growth targets for 2017 after posting 4.2% growth in full year turnover as revenues accelerated in the fourth quarter. Results were broadly in line with expectations, although fourth-quarter sales of £475m was slightly ahead, but chief executive Dido
Read moreWednesday broker round-up
13th May 2015 13:13
BHP Billiton: Credit Suisse reiterates underperform and 1,400p target, UBS stays at buy with 1,625p target. Experian: Nomura reiterates buy and nudges target higher to 1,265p from 1,230p, Exane BNP keeps at neutral with 1,200p target. Talk Talk: UBS hikes target to 350p from 300p and reiterates neu
Read moreConcern for BT as Ofcom launches UK broadband and mobile review
12th Mar 2015 07:30
The UK telecoms regulator has launched a probe into the UK's digital communications markets, with BT's rivals claiming the market incumbent needs to be further broken up to improve the market for consumers. Ofcom said it will scrutinise competition, investment, innovation and the availability of pro
Read moreFTSE 250 movers: Oil stocks rise, TalkTalk falls on dissapointing outlook
3rd Feb 2015 14:19
The news that BP had slashed its investment budget for this year by $4bn-6bn gave crude prices a boost, and in turn oil stocks, as the commodity extended gains made over the last few days on speculation of slowing output. Brent rose 3.9% to $56.86 a barrel, lifted further by ongoing strikes at oil r
Read moreTalkTalk warns earnings "towards bottom of range"
3rd Feb 2015 08:40
In spite of its excitement about its 'quad-play' offering boosting third quarter results, TalkTalk warned full year earnings will be at the lower end of analysts' market expectations. The FTSE 250 group enjoyed its strongest ever growth in combined take-up of television, mobile and fibre broadband,
Read moreSky and Liberty Global join race to buy O2 from Telefonica
20th Jan 2015 08:53
Sky has joined the throng of UK companies bidding to buy the UK mobile operator O2 from Spanish owner Telefonica, according to local media, with US media giant Liberty Global also apparently interested in a potential purchase. Spanish newspaper Cinco Dias said Sky and TalkTalk were both engages in t
Read moreTalkTalk acquires Tesco Broadband and Blinkbox
8th Jan 2015 07:40
Telecom group TalkTalk has acquired Tesco Broadband and the retailer's on-demand video service Blinkbox for an undisclosed amount. Tesco's decision to sell Blinkbox comes as no surprise, after the group chief executive, Dave Lewis, had identified the streaming service as one of the firm's expendable
Read moreWednesday broker round-up
3rd Dec 2014 09:41
AstraZeneca: Morgan Stanley increases target price from 4100p to 4300p, while downgrading to 'underweight'. BG Group: Barclays reduces target price from 1300p to 1100p and reiterates an 'equal-weight' rating. Credit Suisse reduces target price from 1050p to 940p and maintains an 'underperform' ratin
Read moreSector movers: M&A hopes lift telecoms as BT and Vodafone gain
26th Nov 2014 14:26
Continuing bid speculation pushed stocks in the telecoms sector higher on Wednesday with heavyweights BT and Vodafone both on the rise. BT, up 2.4% by late afternoon, was extending recent gains after it was confirmed that the fixed-line telecoms provider was in talks with at least two groups about b
Read moreFTSE 250 movers: FirstGroup leads fallers as TalkTalk jumps
24th Nov 2014 16:25
FirstGroup took a hit amid claims it has missed out on the opportunity to acquire the East Coast mainline. It seems the company's bid will be overlooked in favour of Eurostar and Keolis when the government releases a statement on the final decision this week. FirstGroup has failed to win several pre
Read moreTalk Talk would like to lease network to Vodafone
21st Nov 2014 15:20
British telecoms operator TalkTalk Group would like to lease out its fixed-line network to bigger wireless rival Vodafone, the company's chief executive was quoted as saying on Friday.
Read moreFTSE 250 movers: Keller Group fails to impress with interim statement
17th Nov 2014 15:55
Keller Group dropped sharply despite the group delivering a trading update in line with expectations for the period from 1 July to 16 November. However, investors were concerned by the difficult conditions in European markets and weakness in Australia. Mitie's shares took a knock after the support s
Read moreLondon midday: Stocks hold slightly lower as Quindell craters
17th Nov 2014 12:20
UK stocks were still registering small losses come midday, weighed down by negative references out overnight from Asia, despite which miners were holding at the top of the leader board. As of 13:14 the Footsie was lower by 13 points to 6,640. Japan´s GDP contracted at a 1.6% annualised rate in the
Read moreLondon open: Weak Asian data weighs on Footsie
17th Nov 2014 08:47
UK stocks began the day slightly lower, weighed down by negative references out overnight from Asia, despite which miners were registering the largest gains early on. Japan´s GDP contracted at a 1.6% annualised rate in the third quarter, a far weaker outcome than the 2.2% rate of expansion which ana
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