Sky and EEF criticise BT's digital investment plans
5th May 2016 10:00
(ShareCast News) - BT's newly announced multi-billion-pound investment in the UK's broadband network has received stinging criticism from UK manufacturers and rival Sky over the continued use of legacy copper wire technology and the slow, uncertain pace of improvements to the nation's digital infras
Read moreMobile contract switching made easier under new Ofcom proposals
23rd Mar 2016 10:50
(ShareCast News) - For UK mobile users, moving to a new contract and keeping your existing number will become quicker and easier under new rules proposed by the telecoms regulator on Wednesday. Ofcom said it wanted to make mobile switching quicker and simpler to help support competition in the marke
Read moreFTSE 250 movers: TalkTalk up after company admits security shortfalls
8th Mar 2016 14:01
(ShareCast News) - The FTSE 250 was trending down in afternoon trading on Tuesday, after weak data from China fuelled global concerns about the economic health of the People's Republic. CLS Holdings led the risers, after it had its 'buy' rating restated by equities researchers at Panmure Gordon. The
Read moreBT keeps hold of Openreach but must 'open up' network, says Ofcom
25th Feb 2016 07:09
(ShareCast News) - BT Group may still be forced spin off its Openreach infrastructure arm, regulator Ofcom said, unless it effectively opens up the network to rivals and implements major reforms. A review carried out by the telecoms regulator found under the current model of BT ownership Openreach l
Read moreThursday broker round-up
4th Feb 2016 16:07
(ShareCast News) - Coca-Cola HBC: Barclays downgrades to underweight with a target of 1325p. TalkTalk: Goldman Sachs downgrades to neutral with a target of 271p. Paragon Group: JP Morgan downgrades to neutral and sets a 380p target. Antofagasta: Investec reiterates sell with a target of 305p. Ang
Read moreFTSE 250 movers: Banking and investment firms drive market down
3rd Feb 2016 16:14
(ShareCast News) - The FTSE 250 was down 289.58 points (1.78%) to 16,010.10 shortly before the close on Wednesday. Allied Minds continued to fall after rising earlier in the week on the back of news its subsidiary Federated Wireless completed a successful $22m (£15.4m) Series A Preferred fundraising
Read moreBroker tips: Prudential, TalkTalk, Foxtons
3rd Feb 2016 12:40
(ShareCast News) - Barclays and UBS have played down reports that Prudential would be hit by a clampdown on Hong Kong sales of insurance products from mainland China, which sent the shares tumbling 8% on Tuesday. A report from Bloomberg said China's foreign exchange regulator was tightening restric
Read moreWednesday newspaper share tips: BP dividend a luxury for investors
3rd Feb 2016 12:24
(ShareCast News) - Despite BP shares plummeting after its worst results is over 20 years, The Telegraph's Questor didn't think it was a buying opportunity. The oil company held its quarterly dividend at 10 cents a share as $2.6bn of write-downs and restructuring charges sent it crashing into losses
Read moreMixed broker views on TalkTalk
3rd Feb 2016 09:47
(ShareCast News) - Exane BNP Paribas has upgraded TalkTalk from 'neutral' to 'outperform' on the company's weak share price, however Goldman Sachs downgraded the company from 'buy' to 'neutral'. The FTSE 250 telecoms provider's value plunged late in 2015 after a serious cyber-attack saw the company
Read moreTalkTalk MD throws £1.5m behind company as cyber attack figures released
2nd Feb 2016 15:57
(ShareCast News) - After TalkTalk revealed the extent of its cyber-attack injuries on Tuesday, the Managing Director of the FTSE 250 company's business division has thrown nearly £1.5m behind the company. Charles Bligh purchased nearly 618,000 shares in the company for £1.489m. It came after the te
Read moreLondon pre-open: Stocks seen lower as attention turns to construction data
2nd Feb 2016 07:30
(ShareCast News) - London stocks are expected to open weaker on Tuesday, as investors look to the release of UK construction data. The FTSE 100 is seen starting 36 points lower than Monday's close at 6,024. "The latest manufacturing PMI numbers out of the UK showed a modest pickup in economic activ
Read moreTalkTalk loses 95k customers in wake of cyber attack
2nd Feb 2016 07:11
(ShareCast News) - TalkTalk revealed the extent of its cyber-attack injuries on Tuesday, showing a serious drop in customer numbers in its third quarter trading update. The FTSE 250 telecoms provider did report revenue growth of 1.8%, though it lost 101,000 customers in the three months to 31 Decemb
Read moreOfcom launches business broadband code to highlight internet speed misselling
26th Jan 2016 11:25
(ShareCast News) - Businesses were being promised more accurate information on broadband speeds on Tuesday, with Ofcom revealing details of a new code of practice that will allow companies to walk away from contracts free of charge if speeds are not as promised. The regulator said that, under a new
Read moreThursday newspaper share tips: Disconnecting from TalkTalk
14th Jan 2016 11:13
(ShareCast News) - The TalkTalk hacking combined with a price war against its rivals has led The Telegraph's Questor to rat the shares at 'sell'. The column noted in the last six months, shares have halved and believes the worst is yet to come as the company looks weak. It said the telco grew when
Read moreBT and TalkTalk broadband pricing appeals to be referred to CMA
6th Jan 2016 12:48
(ShareCast News) - After BT and TalkTalk appealed against telecom regulator Ofcom's ruling on superfast broadband charges, the matter has been referred to the the Competition and Markets Authority. The Competition Appeal Tribunal has referred the matter to the CMA following the appeals made after Of
Read more