Govt's charges to mobile operators set to triple
24th Sep 2015 16:27
(ShareCast News) - The amount charged to mobile operators by the government is set to triple after Ofcom set new annual licence fees for the mobile spectrum. The new fee structure was announced on Thursday after the regulator was directed by the government in 2010 to revise fees to reflect the
Read moreSunday share tips: Dairy Crest, Cluff Natural Resources, tightening cycle stocks
20th Sep 2015 15:08
(ShareCast News) - Dairy Crest shares are worth buying, said Danny Fortson in the Sunday Times' Inside the City column. Investors are currently awaiting a Competition & Markets Authority decision on 19 October whether to allow Dairy Crest to sell its dairy business, roughly two thirds of group sales
Read moreVodafone's Colao 'should retire' after Liberty talks collapse, says Aviate's Campling
15th Sep 2015 12:51
(ShareCast News) - Vodafone chief executive Vittorio Colao should step down after Liberty Global walked away from merger talks, telecoms analyst Neil Campling has said, while numerous other consequences could follow. The highly respected Campling, a partner at London broker Aviate Global, said tight
Read moreVodafone and Liberty merger talks making little progress
15th Sep 2015 10:15
(ShareCast News) - After several months of talks, Vodafone and Liberty Global have been unable to agree their mooted merger or exchange of European assets. London-headquartered Liberty's US-based chairman John Malone said the two companies remained in deadlock about how to successfully create the va
Read moreVodafone rallies on Liberty Global comments
27th Aug 2015 13:37
(ShareCast News) - Vodafone shares were on the front foot after Liberty Global's chief executive officer said on Thursday that there was no timeframe for talks between the two companies on swapping assets. According to Reuters, CEO Michael Fries responded to question at a conference in Amsterdam by
Read moreLondon close: FTSE 100 ends lower after busy day of economic news
14th Aug 2015 16:14
(ShareCast News) - The FTSE 100 ended the week in negative territory as investors sifted through a batch of economic data and weighed developments in China and Greece. Early in Friday's session, a report showed UK construction output rose 2.6% year-on-year in June, missing analysts' estimates for a
Read moreVodafone and Three buy chunk of mobile spectrum from Qualcomm
14th Aug 2015 07:48
(ShareCast News) - Vodafone and Three have bought a sizeable piece of UK mobile phone spectrum in an auction of L-band frequency by US-based Qualcomm. The two mobile networks edged out rivals EE and O2 as UK networks fight for extra 4G capacity in what is a fixed amount of bandwidth, according to in
Read moreFriday newspaper round-up: Greece debt doubts, cut-price steel, RBS, BT
14th Aug 2015 06:59
(ShareCast News) - The European institutions overseeing Greece's bailout have expressed "serious concerns" over the sustainability of the country's debt, bringing them into line with the more pessimistic assessment of the International Monetary Fund. The European Commission and the European Central
Read moreFTSE 100 movers: Vodafone rallies, but Daily Mail and Diageo lose ground
24th Jul 2015 15:38
(ShareCast News) - London's FTSE 100 index was trading down 0.3% at 6,634 on Friday as investors sifted through a raft of earnings reports. Vodafone was the biggest riser on the FTSE 100 after it said it has made a good start to the year, with organic service revenue up 0.8% in the quarter ended 30
Read moreBroker tips: Melrose, Cairn Energy, Vodafone
24th Jul 2015 13:44
(ShareCast News) - Numis upgraded Melrose Industries to 'add' from 'hold', keeping the target price at 290p saying upside should come from the next meaningful acquisition. "We estimate that a major purchase could add over 10% to earnings, leaving the shares trading at a discount to peers, with poten
Read moreVodafone first-quarter "solid", says Nomura
24th Jul 2015 11:21
(ShareCast News) - Vodafone's first-quarter performance was "solid", Nomura said, with organic revenue growth of 0.8% modestly above consensus of 0.5% and the bank's forecast of 0.7%. It said competitive conditions appear relatively stable and the prospects for further recovery in the second half of
Read moreLondon pre-open: Weak Chinese data and US earnings set to weigh
24th Jul 2015 08:26
(ShareCast News) - Some follow-through selling in the commodities space on the back of weak Chinese manufacturing sector figures and a lower overnight on Wall Street - after poor earnings reports from the likes of Caterpillar, Freeport-McMoran and Dow Chemical - were expected to weigh on share price
Read moreVodafone rallies as first-quarter service revenue beats expectations
24th Jul 2015 08:07
(ShareCast News) - Vodafone was in the black on Friday after saying it has made a good start to the year, with organic service revenue up 0.8% in the quarter ended 30 June, as the European businesses return to growth and customer demand for 4G and data takes off. Service revenue, i.e. proceeds the m
Read moreVodafone announces European management shake-up
21st Jul 2015 12:05
(ShareCast News) - Vodafone announced a number of changes to its European leadership structure intended to simplify organisational processes, enhance management efficiency and accelerate decision-making. The company said that with effect from 1 October, the chief executives of its four largest Europ
Read moreFTSE 100 movers: Anglo American leads miners higher, Burberry hit by weak Asian sales
15th Jul 2015 14:36
(ShareCast News) - London markets were subdued on Wednesday, as strong performances from telecommunications, insurance and property stocks were offset by weakness in the oil, engineering and software sectors. As of 14:30 BST, the FTSE 100 was trading flat at 6,762. On the corporate front, Anglo Ame
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