London midday: Traders play 'spot the bid target'
3rd Sep 2010 12:16
Footsie finished the morning not far off its high for the day, marginally above the 5,400 mark. It was a quiet morning for hard news, however, so traders entertained themselves with some good old fashioned bid speculation. Temporary power solutions provider Aggreko is the top performer on whispers
Read moreWednesday tips round-up: Vodafone, BPI, UTV Media...
1st Sep 2010 06:42
Vodafone chief executive Vittorio Colao has taken about a billion of costs out of the group, which will generate free cashflow of £6.5bn over each of the next three years. Vodafone does not need the windfalls coming in from China or anywhere else; analysts are dreaming of share buybacks, but no gu
Read moreBroker tips: InterContinental, Vodafone, Micro Focus
11th Aug 2010 11:34
The share price slide on Tuesday in the wake of interim results that were ahead of expectations provides an excellent opportunity to buy shares in hotels group InterContinental Hotels Group (IHG), according to Panmure Gordon. The broker has increased its full year earnings per share estimate by 10.
Read moreBroker snap: Profit-taking risk at Vodafone
11th Aug 2010 10:43
With Vodafone trading at a 52-week high Nomura Securities sees several reasons for profit-takers to emerge over the summer. The broker cited the company's exposure to the US dollar, which could prove a drag on earnings, as a reason to sell, as well as the widening revenue underperformance in Europe
Read moreSunday newspaper round-up: BP, Vodafone, Hewlett-Packard...
8th Aug 2010 08:36
The disastrous oil spill in the Gulf of Mexico has cost BP's top five executives £30m, an analysis of the oil group's accounts shows. The personal losses have been triggered by the plunge in the group's share price, which has fallen by a third since the Gulf well ruptured. The fall has wiped out t
Read moreFOCUS: More Deals To Come As European Telcos Hunt For Growth
2nd Aug 2010 06:30
This story was originally published Friday By Molly Neal Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Solid quarterly earnings will pave the way for further acquisitions and consolidation in the European telecom sector as operators jostle for position in an ever-more-competitive market p
Read moreFOCUS: 2degrees Gains Ground Against Telecom NZ, Vodafone
2nd Aug 2010 05:02
By Lucy Craymer Of DOW JONES NEWSWIRES WELLINGTON (Dow Jones)--Telecom Corp. of New Zealand Ltd. (TEL.NZ) and Vodafone New Zealand Ltd. are losing ground in the country's competitive cellphone market as new player 2degrees attracts more customers. The threat for the dominant players may
Read moreMARKET TALK: Redknee Gains Scale With Nimbus Buy -GMP
30th Jul 2010 19:05
2:05 (Dow Jones) Redknee's (RKN.T) pact to acquire Spanish billing telecom software supplier Nimbus Systems should help it gain further inroads in selling its software, especially to European telecom operators such as Vodafone (VOD) and Telefonica (TEM), both of which are Nimbus customers, GMP says.
Read moreLondon close: Footsie left behind
30th Jul 2010 16:34
Footsie was the sick man of Europe at trading's close as it failed to sustain a recovery that followed a downward turn sparked by disappointing US economic data. US gross domestic product (GDP) data for the second quarter was disappointing. Inflation adjusted and seasonally adjusted gross domestic
Read moreFOCUS: More Deals To Come As European Telcos Hunt For Growth
30th Jul 2010 15:42
By Molly Neal Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Solid quarterly earnings will pave the way for further acquisitions and consolidation in the European telecom sector as operators jostle for position in an ever-more-competitive market place. As growth starts to dry up in mature E
Read moreINTERVIEW: BT May Bid For UK Mobile Spectrum - CEO
30th Jul 2010 14:56
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BT Group PLC (BT.A.LN) may bid for mobile spectrum in the U.K. government auction, but it's not high on the telecommunication firm's to-do list, Chief Executive Ian Livingston said Friday. "We'll have a look, but again its
Read moreLondon afternoon: Shares knocked by US GDP
30th Jul 2010 13:59
The Footsie hit new lows in the aftermath of disappointing US gross domestic product (GDP) data for the second quarter. Inflation adjusted and seasonally adjusted gross domestic product rose at an annualised rate of 2.4% in the second quarter, a significant slow-down from the 3.7% annualised gain in
Read moreLondon midday: Stocks off the bottom
30th Jul 2010 12:12
Leading shares entered the lunch time trading session with a bit of momentum, with the FTSE index coming off its lowest levels of the day in the last half hour of the morning. Investors are turning to utilities after EDF sold its UK electricity grid operation to a consortium headed by Hong Kong bi
Read moreUPDATE: TalkTalk Signs Vodafone Deal As Revenue Rises
30th Jul 2010 09:03
(Adds management comments, details) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--TalkTalk Telecom Group PLC (TALK.LN) said Friday it has secured a new deal with Vodafone Group PLC's (VOD.LN) U.K. wholesale business to give its customers mobile voice and broadband servi
Read moreUPDATE:Vodafone NZ Says Apple's iPhone 4 Sold Out Nationwide
30th Jul 2010 08:55
(Adds comment from customer, Apple and background.) By Lucy Craymer Of DOW JONES NEWSWIRES WELLINGTON (Dow Jones)--Hundreds of Apple Inc. (AAPL) customers in New Zealand awaiting to collect their new iPhone 4s were turned away Friday just four hours after they went on sale in what has bee
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