Sector movers: General retailers lead losses
20th Sep 2016 18:31
(ShareCast News) - General retailers were the main drag on the market, as investors waited on policy decisions from rate-setters at the Bank of Japan and US Federal Reserve. Kingfisher was one of the weakest links in the retail chain on Tuesday, despite which the stock continued to trade near the to
Read moreSunday newspaper round-up: Fed, China, Glencore, Diageo, National Grid
18th Sep 2016 16:31
(ShareCast News) - Traders are betting that the US Federal Reserve will stand pat on interest rates this week, despite warnings that rising inflationary pressures could persuade the US central bank to hike. The Sunday Times reported that investors were assuming the flurry of weaker-than-expected eco
Read moreSunday newspaper round-up: Fed, China, Glencore, Diageo, National Grid
18th Sep 2016 16:31
(ShareCast News) - Traders are betting that the US Federal Reserve will stand pat on interest rates this week, despite warnings that rising inflationary pressures could persuade the US central bank to hike. The Sunday Times reported that investors were assuming the flurry of weaker-than-expected eco
Read moreTalkTalk Q1 revenue dips; FY guidance reiterated
20th Jul 2016 07:39
(ShareCast News) - Broadband provider TalkTalk reported a small drop in revenues for the first quarter as it lost customers, but reiterated its guidance for the full year. In a trading update for the three months to 30 June, the company said revenue was down 0.4% as its broadband base declined by 9,
Read moreDeutsche Bank initiates coverage of TalkTalk Telecom at 'buy'
6th Jul 2016 09:46
(ShareCast News) - Deutsche Bank initiated its coverage of TalkTalk Telecom Group with a 'buy' rating and target price of 300p on Wednesday. "TalkTalk shares are cheaper than they were, expectations are lower, and management is now more focused on profitability than growth, rather than both," said D
Read moreFinancials, Fixed-line telecoms pace gains
20th Jun 2016 15:48
(ShareCast News) - Life insurers, Fixed line telecommunications, Banks and financial services paced jumped after a flurry of polls over the weekend pointed to renewed momentum for the 'Remain' camp. The news sent the Footsie to its largest one-day advance since February, with just three of the bench
Read moreUBS sees rebound in Sky, BT Group, TalkTalk on Bremain
20th Jun 2016 12:36
(ShareCast News) - Telecoms stocks should 'outperform' under a 'Leave' scenario, but even in the case of 'Bremain' names such as Sky, BT Group and TalkTalk should see a rebound, analysts at UBS said. In case of Brexit, UBS's strategy team foresaw three potential effects; sterling re-rating to parity
Read moreLondon midday: Financials pace gains as Footsie keeps climbing
20th Jun 2016 12:29
(ShareCast News) - Stocks in London were continuing to move higher come midday on Monday, alongside the largest gain the pound in three months, with investors taking their cue from strong gains in Asia as Brexit polls showed the Remain campaign was in the lead. As of 12:03 BST, the FTSE 100 was 183.
Read moreCredit Suisse reiterates outperform on BT Group
8th Jun 2016 11:34
(ShareCast News) - Credit Suisse reiterated its 'outperform' stance on BT Group stock, telling clients that markets were not yet pricing in the likely outcome to Ofcom´s upcoming Wholesale Local Access (WLA) review, among other factors. Given that Sky had ruled out building a UK fibre network and Ta
Read moreSky, Vodafone, TalkTalk press for Ofcom to separate BT from Openreach
16th May 2016 09:36
(ShareCast News) - Telecoms regulator Ofcom should force BT Group to further separate its Openreach infrastructure arm for the good of the industry, according to a letter from media and telecoms groups including Sky, Vodafone and TalkTalk. The chief executives of Sky, TalkTalk, Vodafone and two netw
Read moreSunday newspaper round-up: RBS, Shell, Cobham, BT, banks
15th May 2016 17:01
(ShareCast News) - Royal Bank of Scotland is examining a range of radical options to help speed the long-delayed separation and flotation of its Williams & Glyn subsidiary, including a potential divestment of its NatWest brand. Banking sources have indicated to the Sunday Telegraph that RBS and its
Read moreFTSE 250 movers: TalkTalk slumps while Vedanta Resources rebounds
13th May 2016 14:45
(ShareCast News) - The FTSE 250 fell 0.40% to 16,593.06 in afternoon trade on Friday. TalkTalk was among the biggest fallers on London's index, a day after saying full year profits more than halved following a cyber attack on its systems last October, which cost £42m. The telecoms provider reported
Read moreFriday newspaper share tips: TalkTalk, British Land, Land Securities
13th May 2016 11:52
(ShareCast News) - TalkTalk has recovered nicely following the hacking scandal that hit the company but they've come far enough, absent a takeover offer which is now appears unlikely to materialise, The Times's Tempus said. The biggest worry for shareholders is that the operator might be under th
Read moreTalkTalk FY profits more than halved after cyber attack
12th May 2016 07:29
(ShareCast News) - Full year pre-tax profits at telecoms group TalkTalk more than halved to £14m after last year's embarrassing cyber attack cost the company £42m. Revenue was up slightly to £1.83bn from £1.7bn. Exceptional items jumped to £88m from £30m including expenditure to limit the damage fro
Read moreLondon pre-open: All eyes on BoE's Carney and Vlieghe
12th May 2016 07:24
(ShareCast News) - A cautious tone is expected to prevail at the start of trading, with traders sitting on their hands of the results of today's Monetary Policy Committee meeting, minutes and Inflation Report. Against that backdrop, the Footsie is being called to start the session 27 points beneath
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