Broker tips: Anglo American, Vodafone, Wetherspoon, Just Eat
15th Jul 2015 11:49
(ShareCast News) - Anglo American rose to the top of the FTSE 100 after Credit Suisse upgraded the stock to 'outperform' from 'neutral'. It noted that a wide valuation gap has opened versus peers with the selloff in the stock led by balance sheet concerns rather than earnings. "We think at current
Read moreGoldman Sachs downgrades Vodafone to 'neutral'
15th Jul 2015 09:49
(ShareCast News) - Goldman Sachs has downgraded Vodafone to 'neutral' from 'buy' and cut the price target to 250p from 275p. "Post recent outperformance around the announcement that it is in talks with Liberty Global about a potential asset swap, we believe risk-reward appears more binary," said the
Read moreVodafone and Mediaset ink agreement to offer pay-TV content in Italy
9th Jul 2015 14:12
British mobile giant Vodafone on Thursday signed a deal with Mediaset to offer pay-tv content in Italy. Both companies will offer subscribers a package of mobile and pay-TV services, including live Italian and European football, sports coverage on Eurosport, more than 1,000 episode of TV series per
Read moreSector movers: Telcos, natural resources stocks lead London market lower
3rd Jul 2015 10:46
Telecommunications and natural resources stocks led the London market lower on Friday, ahead of the Greek bailout referendum on Sunday. The blue chip FTSE 100 closed down 0.67% or 44.69 points at 6585.78 as the sell-off in mining stocks continued with base metals prices sliding yet again after a bri
Read moreTuesday share tips: Sky, BG Group, Vodafone
30th Jun 2015 12:02
Sky´s decision to dedicate one of its channels solely to Formula 1 fits in well with its strategy as a content distributor, but a theoretical purchase of the franchise whole does not. Speculation has surfaced it might do just that, with Liberty Global and a group backed by the Qatari government also
Read moreLondon close: Stocks rise for fourth day on continued Greek optimism
23rd Jun 2015 16:40
UK stocks closed with small gains on Tuesday but finished higher for the fourth straight day as hopes over Greece continued to support markets. The FTSE 100 rose 9.2 points (+0.13%) to 6,834.87, its highest finish since 11 June, as broker upgrades lifted shares of blue chips Sports Direct, Smith & N
Read moreNomura ups European telecoms to 'bullish'; points to consolidation triggers
23rd Jun 2015 15:29
Nomura upgraded its stance on the European telecoms sector to 'bullish' from 'neutral' on Tuesday. "Market repair in recently consolidated markets is increasingly evident," it said. "Progress in Spain and Germany is coming through ahead of expectations, setting an encouraging precedent for other mar
Read moreBroker Tips: Johnson Matthey, Vodafone, Greene King, Sports Direct, Diageo
23rd Jun 2015 14:12
Johnson Matthey rose 2.4% on Tuesday, topping the FTSE 100 leader board after Citigroup upgraded the stock to 'buy' from 'neutral' and raised the price target to 3,600p from 3,200p. Citi pointed out that 50% of the company's earnings before interest and tax is based on emission catalysts for light d
Read moreFTSE 100 movers: Bunzl dips on slower growth, miners extend losses
23rd Jun 2015 13:28
London markets continued to rebound on Tuesday, as better-than-expected economic data, positive broker sentiment and renewed optimism on Greek negotiations buoyed stocks. As of 14:15 BST, the FTSE 100 was trading 0.3% higher at 6,846. Distribution and outsourcing business Bunzl disappointed with a
Read moreLondon midday: Broker upgrades and data lift UK stocks as Greek hopes rise
23rd Jun 2015 12:05
Better-than-expected economic data and improving optimism surrounding Greece strengthened stock markets on Tuesday morning, with sentiment also lifted by a raft of broker upgrades. The FTSE 100 was trading 0.25% higher at 6,842.53 by midday with Sports Direct, Smith & Nephew, Johnson Matthey, Diageo
Read moreNomura lifts Vodafone to 'buy' on Liberty Global asset swap potential
23rd Jun 2015 09:40
Vodafone's share price was boosted on Tuesday by an upgrade at by Nomura from 'neutral' to 'buy', saying that the proposed asset swaps with Liberty Global could lead to a "golden opportunity". The broker hiked its target price for the shares from 235p to 290p. Vodafone confirmed medi
Read moreLondon open: Stocks continue to advance on Greek hopes
23rd Jun 2015 09:08
UK stocks advanced again on Tuesday morning, extending the strong rally seen the previous session as hopes over a short-term funding deal for Greece continued to increase. The FTSE 100 was up 0.18% at 6,837.85 after a 1.7% jump on Monday. Optimism surrounding Athens picked up on Monday following a
Read moreTuesday broker round-up
23rd Jun 2015 08:03
Acacia Mining: Morgan Stanley keeps at equalweight, raises target to 285p from 251p. BHP Billiton: Morgan Stanley stays at equalweight and lifts target to 1,250p from1,150p. Anglo American: Morgan Stanley reiterates underweight and lowers target to 850p from 920p. Antofagasta: Morgan Stanley still
Read moreVodafone Germany acquires mobile and data spectrum for £1.5bn
19th Jun 2015 13:04
Vodafone said its German business has secured spectrum for mobile data and voice services in the Federal Network Agency's auction for a total cost of €2.09bn (£1.49bn). The FTSE 100 group said the spectrum acquired will enhance Vodafone Germany's 4G network, increasing data traffic capacity and spee
Read moreVodafone CTO joins FireEye board
18th Jun 2015 11:48
Cyber security firm FireEye announced Vodafone Group chief technology officer Steve Pusey will join its board. Pusey, who planned to leave Vodafone in July, has more than 35 years of international business experience, FireEye said in a statement. FireEye chief executive and board chair David DeWal
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