TalkTalk security still has gaping holes, says security expert
6th Dec 2015 15:36
(ShareCast News) - TalkTalk customers are apparently still at serious risk of cyber-attacks, more than a month after the company's computer system was hacked. According to security researchers Codified Security, there continue to be a number of large holes in the telecom group's website and email se
Read moreJD Wetherspoon hit by cyber attack
4th Dec 2015 07:12
(ShareCast News) - Pub operator JD Wetherspoon said it was taking action after discovering that some customer and staff information has been accessed in a data hack. The group said on Friday that information was obtained from its old website, which has been replaced in its entirety. It stressed tha
Read moreBerenberg hangs up on TalkTalk amid ongoing uncertainty
30th Nov 2015 08:59
(ShareCast News) - Berenberg downgraded TalkTalk to 'sell' from 'hold' and slashed the price target to 208p from 290p as it cut estimates materially. "We believe Talks' plan to improve margins significantly faces tough challenges, made more difficult by the recent cyber-crime attack," said the bank.
Read moreBroker tips: Ophir Energy, Tesco, Sainsbury, Talk Talk
17th Nov 2015 16:35
(ShareCast News) - Ophir Energy surged after Credit Suisse upped its stance on the stock to 'neutral' from 'underperform' and lifted the price target to 100p from 90p following the capital markets day. It said the Fortuna floating liquefied natural gas project in Equatorial Guinea was the features o
Read moreSocGen hangs up on TalkTalk as it highlights deteriorating fundamentals
17th Nov 2015 09:28
(ShareCast News) - Societe Generale downgraded TalkTalk to 'sell' from 'hold' and slashed its price target to 190p from 320p. "Of course the cyber attack on 21 October was awful news. But more of a concern to us is how quickly TalkTalk fundamentals seem to have been deteriorating even before the att
Read moreHarding picks up some shares as TalkTalk rockets
11th Nov 2015 15:41
(ShareCast News) - TalkTalk's chief executive Dido Harding treated herself to some shares in the company as its stock rocketed following well-received first half results. Harding purchased 40,966 shares for 244.10p each, bringing her total holding to 4.3m, or a 0.45% stake. TalkTalk announced a 15%
Read moreFTSE 250 movers: TalkTalk's dividend increase helps market rebound
11th Nov 2015 13:40
(ShareCast News) - The FTSE 250 has rebounded after a poor start to the week, with the market in the black by mid-afternon Wednesday at 17,097.44, up 57.62 points (0.34%). TalkTalk led the market after it surprised all by lifting its interim dividend, as it estimated the one-off financial impact of
Read moreTalkTalk rallies on dividend surprise; hack cost estimated at up to GBP35m
11th Nov 2015 07:06
(ShareCast News) - Shares in TalkTalk rallied after it surprised the market by lifting its interim dividend, as it estimated the one-off financial impact of the cyber attack that occurred in October at between £30m and £35m. Bank of America Merrill Lynch said the estimate was half what it had expect
Read moreMonday broker round-up
9th Nov 2015 14:18
(ShareCast News) - Talktalk Telecom Group: HSBC downgrades to hold, cuts target price to 260.00p. Spirent Communications: Citigroup downgrades to neutral. Target price: 75.00p. United Utilities Group: Societe Generale downgrades to hold. Target price: 940.00p. Stagecoach Group: Barclays reitera
Read moreLondon midday: FTSE little changed as investors digest US rate expectations
9th Nov 2015 11:50
(ShareCast News) - Housebuilders were the standout losers on the FTSE 100 after after Friday´s much stronger-than-expected US jobs report for October stoked speculation of rising interest rates worldwide. At midday, the FTSE 100 was off by just 0.69 points or 0.01% to 6,353.11. The latest US non-fa
Read moreHSBC downgrades TalkTalk on 'far-ranging' impact of data hack
9th Nov 2015 09:19
(ShareCast News) - HSBC downgraded TalkTalk to 'hold' from 'buy' and slashed the price target to 260p from 430p as it said the data breach that occurred in October will have lasting consequences on the telecommunications company. "While we do not believe that TalkTalk faces an existential risk from
Read moreLondon open: Financials in the lead, homebuilders move lower
9th Nov 2015 08:30
(ShareCast News) - Financials were leading gains on the Footsie early on Monday, with utilities and homebuilders again bearing the brunt of the selling pressure on the top flight index after Friday´s much stronger-than-expected US jobs report for October. The FTSE 100 was trading up by 0.33% to 6,37
Read moreMonday newspaper round-up: Royal Dutch Shell, Tata Steel, Rolls Royce
9th Nov 2015 07:12
(ShareCast News) - A senior executive at one of the City's biggest fund managers has attacked the proposed takeover of BG Group by Royal Dutch Shell, likening it to the disastrous purchase of ABN Amro by Royal Bank of Scotland in 2007, soon before the financial crisis. Ian McVeigh, head of governanc
Read moreTalkTalk says cyber attack affected 4% of customers
6th Nov 2015 08:27
(ShareCast News) - TalkTalk said on Friday that the cyber attack it suffered in October was a lot smaller than it originally suspected. The telecommunications company said 4% of its customers have sensitive or personal data at risk. TalkTalk said a total of 156,959 customers' bank details were acce
Read morePolice make fourth arrest in connection with TalkTalk hack
4th Nov 2015 09:57
(ShareCast News) - A fourth person has been arrested in connection with the TalkTalk cyber attack. The Metropolitan Police said a 16-year old boy was arrested at an address in Norwich on Tuesday evening on suspicion of Computer Misuse Act offences. The boy has been bailed pending further enquiries
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