London 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
Read moreRSA Insurance UK Chief reduces holding ahead of departure
21st May 2014 16:04
Adrian Brown, the outgoing Chief Executive Officer of RSA Insurance's UK & Western Europe business has reduced his stake in the group after his wife, Sara, disposed of 180,000 shares. The shares were traded in at 491.32p each for a total of £884,376. The transaction comes one month after the di
Read moreFTSE 250 movers: Telecom Plus impresses with annual results
21st May 2014 14:52
Telecom Plus topped the second tier risers today after impressing with an increase in annual profit and revenue as the utility achieved a record increase in customer numbers. The company, which supplies gas, electricity, telephony and broadband, said adjusted pre-tax profit jumped 25.3% to £44.6m a
Read moreLondon open: Stocks drift lower after BoJ holds policy steady
21st May 2014 09:02
- Petrofac leads gains after Barclays upgrade - Dollar/yen trading below 101 - Russian troops have yet to pull back, negotiations ongoing in Ukraine techMARK 2,710.51 +0.15% FTSE 100 6,801.35 -0.01% FTSE 250 15,467.06 +0.17% Stocks were trading slightly lower little over an hour after the start of
Read moreTelecom Plus posts higher annual profit and revenue
21st May 2014 07:34
- Pre-tax profit up 25.3 per cent - Revenue rises 9.5 per cent - Service numbers increase 305,100 Telecom Plus posted a rise in annual profit and revenue as the utility achieved a record increase in service numbers. The company, which supplies gas, electricity, telephony and broadband, said adjust
Read moreSector movers: Vodafone, TalkTalk, Carphone Warehouse drag telecoms lower
15th May 2014 15:20
Telecoms were trading with steep losses on Thursday with heavyweights Vodafone, TalkTalk and Carphone Warehouse pulling the sector lower. Vodafone's shares were under pressure, trading 3.2% lower, after Goldman Sachs cut its recommendation for the stock from 'buy' to 'neutral' and reduced its targe
Read moreTelecom Plus upbeat after strong fourth quarter
4th Apr 2014 07:30
Utility services group Telecom Plus said it is confident of meeting forecasts with its annual results after a strong final quarter ended March 31st. The company said that despite reduced levels of energy consumption by customers during an exceptionally warm winter, profitability for the year remain
Read moreFTSE 250 movers: DCC lifted by broker ratings
17th Feb 2014 15:30
Energy and business support services group DCC rose strongly today despite lowering its full-year profit outlook, after Investec analysts reiterated their 'add' rating on the stock. The group said that a poor performance by its largest division, DCC Energy, meant both its operating profit and adju
Read moreSector movers: Telecom stocks rise while aerospace falls
17th Feb 2014 15:18
Vodafone led telecom stocks higher on Monday as the operator achieved a 500,000 customer milestone following the launch of 4G six months ago. Sector peer Telecom Plus gained after saying it will increase its annual dividend by 13% to 35p as the utility services provider is confident of achieving pr
Read moreTelecom Plus to raise full-year dividend on back of customer growth
17th Feb 2014 07:33
- Full-year dividend to be raised - Annual profits expected to be in line - Customers and services grow in Q3 Telecom Plus said it will increase its annual dividend by 13 per cent to 35p as the utility services provider is confident of achieving profits in line with market expectations. The compan
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