Wednesday broker round-up
20th Jul 2016 09:29
(ShareCast News) - Centrica: Berenberg reiterates buy with a target price of 230p. Rio Tinto: Deutsche Bank maintains buy with a 3160p target. IG Group: RBC reiterates sector perform with a 865p target. SSP: JP Morgan stays at overweight with a 358p target. Vodafone: Deutsche Bank reiterates buy
Read moreBroker tips: Vodafone, ITV, Rathbone Brothers
12th Jul 2016 13:24
(ShareCast News) - Vodafone was under the cosh on Tuesday after Citi downgraded the stock to 'neutral' from 'buy' but raised the target price to 245p from 240p. Citi said it does not expect a "significant positive catalyst" for another two quarters following the company's full year results in May, a
Read moreVodafone shares fall on Citi downgrade
12th Jul 2016 10:46
(ShareCast News) - Vodafone was under the cosh on Tuesday after Citi downgraded the stock to 'neutral' from 'buy' but raised the target price to 245p from 240p. Citi said it does not expect a "significant positive catalyst" for another two quarters following the company's full year results in May, a
Read moreWednesday newspaper round-up: Pensions, Vodafone, BHS, Port Talbot
29th Jun 2016 07:16
(ShareCast News) - There was something different about David Cameron's last EU supper. The mood was good-tempered, the jibes few and far between, the atmosphere sober but for the occasional laugh. Emerging from the British prime minister's three-hour summit farewell on Tuesday, one northern European
Read moreCredit Suisse sees rising odds of Brexit 'lite', lowers year-end Footsie target
27th Jun 2016 11:36
(ShareCast News) - Credit Suisse marked down its year-end target for the Footsie but was not overly pessimistic, emphasising that it saw rising odds of a 'Brexit lite', versus a hard Brexit which would include invoking Article 50 of the Lisbon Treaty, although in the opinion of its analysts there wa
Read moreThursday broker round-up
23rd Jun 2016 13:11
(ShareCast News) - Ascential: Goldman Sachs reiterates buy with a target price of 278p. Sophos: UBS keeps at buy with a 300p target. SSP Group: JP Morgan keeps at overweight with a target price of 335p. Vodafone: HSBC upgrades to buy with a target of 175p. Bae Systems: Berenberg downgrades to hol
Read moreMiners and homebuilders pace losses, precious metals miners shine
9th Jun 2016 14:18
(ShareCast News) - Miners and homebuilders weighed on the main UK equity benchmarks the most, against a backdrop of sovereign bond yields slipping to record lows and some market commentary flagging the risk of sharp drops in equity markets. The yield on the benchmark 10-year Gilt closed one basis po
Read moreVodafone confirms NZ merger with TV operator
9th Jun 2016 07:28
(ShareCast News) - Vodafone confirmed local rumours surrounding its New Zealand operation, announcing it was merging with subscription television provider Sky to create an integrated telecommunications and media group. The FTSE 100 firm said once combined with Sky - which is unrelated to the British
Read moreVodafone accused of complaints-handling failure by Ofcom
6th Jun 2016 14:59
(ShareCast News) - UK communications regulator Ofcom has accused Vodafone -- the most complained about network in Britain -- of breaking rules on handling complaints over a two-year period to November 2015. Vodafone, which could be fined up to 10% of its turnover, intended to study the Ofcom report
Read moreVodafone, Afrimax form partnership in Zambia
6th Jun 2016 07:14
(ShareCast News) - Vodafone and Afrimax Group - 4G telecommunications operator in sub-Saharan Africa - have formed a non-equity partnership in Zambia. Under the deal, the two companies will offer customers high speed 4G data services using the 'Vodafone Zambia' brand. The roll out of Vodafone Zambi
Read moreLondon pre-open: CPI inflation in focus on both sides of the Pond
17th May 2016 07:50
(ShareCast News) - London's top flight index is being called to start the day slightly higher ahead of the release of consumer price inflation data on both sides of the Pond later this afternoon, as markets continue to try and second-guess when the the US central should and will tighten policy again
Read moreVodafone returns to growth and beats forecasts
17th May 2016 07:04
(ShareCast News) - A strong performance in the fourth quarter helped Vodafone return to annual organic growth for the first time in eight years, with the final dividend also hiked 2% to celebrate completing its Project Spring investment programme. Thanks to the best quarterly result in Europe for si
Read moreTuesday preview: Vodafone finals, UK inflation
16th May 2016 12:44
(ShareCast News) - Vodafone is expected to report on Tuesday a decrease in full year earnings on the back of lower revenues amid fierce competition. Deutsche Bank has pencilled in earnings before interest, tax, depreciation and amortisation of £11.7bn in the year ended 31 March 2016, down from £11.9
Read moreSky, Vodafone, TalkTalk press for Ofcom to separate BT from Openreach
16th May 2016 09:36
(ShareCast News) - Telecoms regulator Ofcom should force BT Group to further separate its Openreach infrastructure arm for the good of the industry, according to a letter from media and telecoms groups including Sky, Vodafone and TalkTalk. The chief executives of Sky, TalkTalk, Vodafone and two netw
Read moreSunday newspaper round-up: RBS, Shell, Cobham, BT, banks
15th May 2016 17:01
(ShareCast News) - Royal Bank of Scotland is examining a range of radical options to help speed the long-delayed separation and flotation of its Williams & Glyn subsidiary, including a potential divestment of its NatWest brand. Banking sources have indicated to the Sunday Telegraph that RBS and its
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