Infrastructure funds looking to invest in Vodafone's Vantage Towers - report
18th Mar 2022 09:00
(Sharecast News) - Global infrastructure funds have reportedly approached Vodafone to invest in its $16bn mast company Vantage Towers, but the telecoms group's preference is for an industry merger.
Read moreVodafone to sell down shareholding in Indus Towers
23rd Feb 2022 11:13
(Sharecast News) - Vodafone announced the sale of a partial stake in Indus Towers on Wednesday, launching a placing of 63.6 million Indus shares, or 2.4% of Indus' outstanding share capital.
Read moreVodafone rejects €11bn bid for Italian unit
10th Feb 2022 10:29
(Sharecast News) - Vodafone has rejected a takeover offer for its Italian business from French telecoms group Iliad, arguing it is not in the best interests of shareholders.
Read moreFrance's Iliad 'made offer' for Vodafone Italy unit - report
8th Feb 2022 08:10
(Sharecast News) - France's Iliad made an offer for Vodafone's Italian unit last week, according to a report on Monday that cited people with knowledge of the matter.
Read moreSunday newspaper round-up: Tesco, Vodafone, Bank of England
6th Feb 2022 19:22
(Sharecast News) - The head of Tesco, John Allan, thinks the worst of food price inflation "is yet to come", predicting that it will soon rise to 5%. In remarks to the BBC, the chairman of the grocer said: ""In some ways the worst is still to come - because although food price inflation in Tesco last quarter was only 1%, we are impacted by rising energy prices. Our suppliers are impacted by rising energy prices. We're doing all we can to offset it ... but that's the sort of number we're talking about. Of course, 5%." - Guardian
Read moreVodafone reiterates FY guidance as Q3 revenues rise
2nd Feb 2022 07:06
(Sharecast News) - UK telecoms giant Vodafone reported higher third-quarter services revenue driven by growth in Europe and Africa as it reiterated annual guidance.
Read moreWednesday preview: US jobs report, Vodafone in the spotlight
1st Feb 2022 16:20
(Sharecast News) - The market spotlight on Wednesday will be on US consultancy ADP's private sector payrolls report, which sometimes foreshadows the result of the official non-farm payrolls report released two days afterwards.
Read moreTuesday preview: Services PMIs, Vodafone in the spotlight
31st Jan 2022 15:36
(Sharecast News) - The market spotlight at the start of February will be on a slew of purchasing managers' surveys for manufacturing sector activity from across the globe.
Read moreVodafone under spotlight as Cevian takes stake
31st Jan 2022 07:40
(Sharecast News) - UK telecoms company Vodafone has been targeted by the activist investor Cevian, putting management under pressure to improve its struggling performance, British media reported on Sunday.
Read moreSunday newspaper round-up: Vodafone Group, TSB, Inmarsat
30th Jan 2022 15:31
(Sharecast News) - Activist investor Cevian Capital has taken out a stake in Vodafone Group and is understood to have held talks in recent weeks regarding ways for the company to improve its performance. Cevian could push Vodafone to sell some of its assets around the world, strengthen key business lines or buy back shares, Bloomberg reported. Rumours regarding the outfit's vulnerability to a take over were already swirling last week with private equity outfits said to be circling. In order to ward off that threat, Vodafone has been considering acquisitions or a merger of its wireless towers with Deutche Telekom or Orange. It has also approached CK Hutchinson about a possible merger. - Financial Mail on Sunday
Read moreMorgan Stanley reiterates 'buy' for FTSE 100, highlights 'defensive' qualities
24th Jan 2022 12:13
(Sharecast News) - Analysts at Morgan Stanley sounded a 'bullish' note on the outlook for the FTSE 100, highlighting its greater 'defensive' properties relative to rivals, higher dividend yields versus global peers, exposure to energy and record low expectations for growth in the profits of its constituent companies.
Read moreVodafone said to have explored Three UK deal; in talks over Iliad tie-up
24th Jan 2022 08:39
(Sharecast News) - Vodafone has reportedly explored a potential acquisition of rival Three UK and been in talks about a potential merger of its Italian business with Iliad.
Read moreSunday newspaper round-up: Unilever, Morrisons, Aston Martin
23rd Jan 2022 18:12
(Sharecast News) - Activist investor Nelson Peltz's Trian Partners has reportedly built up a stake in Unilever, which will likely pile on the pressure after the consumer goods giant's failed £50bn bid for GlaxoSmithKline's consumer health unit. The size of the stake, which was first reported by the Financial Times, is not known. Peltz had retired from the board of US-based rival Procter&Gamble just a few months before, but not before pushing for change that helped boost P&G's shares up by 85%. Over the past five years, Unilever stock has underperformed that of its major rivals, including Nestle, P&G, PepsiCo and L'oreal. - Sunday Telegraph
Read moreVodafone lifts earnings, cash flow guidance as H1 profits rise
16th Nov 2021 07:32
(Sharecast News) - Vodafone on Tuesday lifted earnings and cash-flow guidance after reporting a rise in first-half adjusted core profits driven by a rebound in handset sales and a stronger performance in Europe and Africa.
Read moreSunday newspaper round-up: IAG, The Hut Group, Nvidia
14th Nov 2021 17:10
(Sharecast News) - A cash call would be the quickest way for IAG to tackle its €12.3bn of debt and begin paying a dividend again, HSBC aviation analyst Andrew Lobbenberg said. If not, then the carrier would have to resort to its cash flows. Any decision on a rights issue would likely be taken by the company's new bos, Nicholas Cadbury, when he started early the following year. Lobbenberg had already said in September that plans to raise cash for IAG might follow positive news such as the reopening of travel to the US. - Financial Mail on Sunday
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