FTSE 250 movers: Telecom Plus climbs as oil stocks slide
10th Oct 2014 15:13
Utility services group Telecom Plus said it is happy with market expectations for the full year after strong organic growth in the first half, causing shares to surge on Friday. The company said that the strong growth in both customers and service numbers seen at the start of the year accelerated in
Read moreSector movers: Cyclicals slump, defensives rise as risk appetite wanes
10th Oct 2014 14:06
Cyclical sectors such as mining and oil services were bearing the brunt of the market sell-off on Friday as fears about a global economic slowdown prompted investors to scale back risk appetite. Mining heavyweights such as Antofagasta, Glencore, Fresnillo and BHP Billiton were all under pressure as
Read moreLondon midday: UK stocks on track for lowest close in over a year
10th Oct 2014 11:38
UK stocks dropped sharply on Friday as fears about the global economy and the Ebola crisis continued to weigh heavily on market sentiment. After closing at its lowest level of the year on Thursday, the FTSE 100 was down a further 1.4% at 6,345 by Friday lunchtime as travel, leisure and mining stocks
Read moreLondon open: Sell-off continues as UK stocks fall
10th Oct 2014 08:20
The selling pressure continued on Friday morning as UK stocks opened at their lowest levels over the year, with ongoing concerns about the global economy sparking further volatility across equity markets. The post-Federal Reserve minutes bounce proved short-lived on Thursday, as early gains were qui
Read moreTelecom Plus 'comfortable' with forecasts after strong first half
10th Oct 2014 07:49
Utility services group Telecom Plus said it is happy with market expectations for the full year after strong organic growth in the first half. The company, which provides gas, electricity, fixed line telephony, mobile telephony and broadband services, said that the strong growth in both customers an
Read moreFTSE 250 movers: Telecom Plus jumps on strong first quarter, outlook
15th Jul 2014 14:17
Telecom Plus shares surged 8% on Tuesday as investors gave a warm reaction to a bullish first-quarter update. The utility supplier reported strong growth in customer numbers during the period, and said it was on track to hit its target of growing profits by "almost 50%" over the full year. Mining g
Read moreBroker tips: Lloyds, Telecom Plus, Michael Page
15th Jul 2014 12:11
Deutsche Bank has chosen to reiterate its 'buy' rating on Lloyds Banking Group ahead of the lender's second-quarter results at the end of the month, saying that it its "top pick" in the UK banking sector. "LBG provides attractive and cost-effective exposure to a strong UK economy, a profitable bank
Read moreLondon midday: Housebuilders fall as inflation data sparks rate-hike concerns
15th Jul 2014 12:03
- UK inflation jumps to 1.9% in June - Carney highlights housing concerns - German ZEW survey disappoints - Yellen, US data in focus later on techMARK 2,781.35 -0.46% FTSE 100 6,722.11 -0.36% FTSE 250 15,478.79 -0.64% Rate-hike speculation in the UK and disappointing economic data from Germany saw
Read morefinnCap reiterates upbeat outlook for Telecom Plus
15th Jul 2014 10:03
finnCap has repeated its 'buy' recommendation for utility services provider Telecom Plus after a strong first-quarter update from the firm on Tuesday. "Telecom Plus is a premium stock with impressive gross profit focus and growth," said Analyst Harold Evans. The company, which provides gas, electr
Read moreLondon open: FTSE 100 rises for third day as miners gain
15th Jul 2014 09:08
- Markets await UK inflation, German ZEW data - Telecom Plus jumps after strong Q1 update, outlook - Miners track metal prices higher techMARK 2,798.02 +0.14% FTSE 100 6,760.22 +0.21% FTSE 250 15,591.43 +0.09% UK stocks quickly erased an initial dip into the red to trade slightly higher on Tuesday
Read moreLondon pre-open: Slow start expected as investors await economic data
15th Jul 2014 07:49
The UK stock market is set for a quiet start on Tuesday as investors turn cautious following a decent performance the previous session. City sources predict the FTSE 100 will open around six points lower after rising 0.8% to 6,746.14 by the close on Monday. Dealer Jonathan Sudaria from Capital Sp
Read moreTelecom Plus confident of hitting record numbers after strong Q1
15th Jul 2014 07:43
- Record full year numbers reiterated - Q1 customer numbers up 25% - Regulatory changes expected to deliver growth First-half profits are expected to be "significantly" ahead of last year's and record full year earnings are on track at utility supplier Telecom Plus, as customer numbers rose by 25%
Read moreFriday broker round-up UPDATE
6th Jun 2014 09:38
African Minerals: Investec places both its target price (prev.: 189p) and its buy recommendation under review. ASOS: JP Morgan reduces target price from 6600p to 4259p and retains its overweight rating. Citi reduces target price from 7000p to 3700p, while leaving its buy recommendation unchanged. D
Read moreFD of Telecom Plus to step down later this year
6th Jun 2014 07:52
Chris Houghton, the Finance Director at Telecom Plus, is to leave the company later this year to "pursue new challenges". The company, which trades as Utility Warehouse, sad that he will continues in his executive board role until October 3rd to help with an orderly handover of responsibilities. H
Read moreOfcom announces plans to reduce mobile connection costs for consumers
4th Jun 2014 11:09
Ofcom has unveiled new proposals that would reduce the wholesale cost of connecting mobile phone calls. The telecoms regulator explained that under the planned changes, the charges imposed on calls made to different networks would results in cheaper consumer bills. Ofcom said that since its last
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