Talk Talk would like to lease network to Vodafone
21st Nov 2014 15:20
British telecoms operator TalkTalk Group would like to lease out its fixed-line network to bigger wireless rival Vodafone, the company's chief executive was quoted as saying on Friday.
Read moreFTSE 100 movers: Miners hit by weak data, but Babcock and Johnson Matthey jump
20th Nov 2014 14:00
Mining stocks were suffering steep losses on Thursday as a wave of disappointing economic data prompted investors to scale back their appetite for risk. Figures from top metals consumer China in particular were weighing on sentiment, as its manufacturing sector stagnated in November. Rio Tinto, Angl
Read moreLondon midday: UK stocks fall as global PMI data dampens sentiment
20th Nov 2014 11:45
The UK stock market slumped on Thursday as a wave of disappointing economic data and speculation about a looming interest-rate hike in the States prompted investors to tread cautiously. London's FTSE 100 was down 0.7% at 6,649 by midday, with the heavyweight mining sector providing a drag as figures
Read moreLondon open: Manufacturing PMIs, FOMC minutes push UK stocks lower
20th Nov 2014 08:31
Weak economic data from China and the Eurozone and a hawkish set of Federal Reserve minutes pushed UK stock markets lower on Thursday morning. The FTSE 100 in London was trading down 0.3% at 6,675 in early deals. The preliminary HSBC purchasing managers' index (PMI) for Chinese manufacturing releas
Read moreVodafone forms partnership in sub-Saharan Africa
18th Nov 2014 11:34
Vodafone has formed a strategic framework agreement with Afrimax Group to explore opportunities for partner market agreements across sub-Saharan Africa. Both Vodafone and telecommunications operator Afrimax, which is headquartered in the Netherlands, will provide voice and data products and services
Read moreFriday broker round-up:
14th Nov 2014 19:34
TSB Banking: Shore Capital reiterates buy with a target price for 325p. Vernalis: Canaccord Genuity ups target to 66p from 56p and reiterates buy. Aggreko: Panmure Gordon and Investec reiterate hold. Gemfields: Numis initiates coverage with a buy recommendation and 70p target price. Ithaca Energy
Read moreWednesday broker round-up UPDATE
12th Nov 2014 09:07
Aberdeen: UBS lowers target price from 465p to 450p and downgrades from buy to neutral. ASOS: Societe Generale reduces target price from 5000p to 4450p, while leaving its buy recommendation unchanged. BG Group: Deutsche Bank reduces target price from 1400p to 1300p and keeps a buy recommendation.
Read moreFTSE 100 movers: Vodafone shares higher after upbeat interims
11th Nov 2014 15:04
Vodafone shares surged after the mobile telecoms group impressed with its interim results and outlook, with earnings guidance for the full year now guided towards the higher end of expectations. Strong consumer demand for data helped revenues rise 8.9% in the six months to 30 September to £20.8bn, m
Read moreBroker tips: Vodafone, Betfair, Renishaw
11th Nov 2014 12:40
Vodafone's share price surged on Tuesday on the back of its interim results, though Brewin Dolphin said that it didn't expect such a positive reaction to a "broadly in-line" report from the telecoms giant. The broker said that Tuesday's market reaction - shares up 6% by early afternoon at 220.25p -
Read moreAnalysts reassured by Vodafone's interim results
11th Nov 2014 12:28
Vodafone's share price surged on Tuesday on the back of its interim results, with analysts at UBS hailing top-line trends that were "notably stronger than expected" and JPMorgan praising the "impressive" improvement in service revenue trends. Brewin Dolphin was less impressed and said that it didn't
Read moreLondon midday: Vodafone leads UK markets higher, but resource stocks weigh
11th Nov 2014 11:34
Strong gains from Vodafone and a string of property companies pushed UK shares into positive territory on Tuesday, though weakness in the resource sectors was limiting upside as the stock market fluctuated at a six-week high. The FTSE 100 was up just 0.1% at 6,618 by midday, having pulled back sligh
Read moreLondon open: UK stocks at six-week high as Vodafone gains
11th Nov 2014 08:38
London's stock market was trading at levels not seen since late September on Tuesday as decent gains from Vodafone and a host of real-estate groups outweighed weakness in the mining sector. The FTSE 100 was 0.3% higher at 6,633 in early deals. Nevertheless, gains were only modest early on after the
Read moreLondon pre-open: Little change expected on FTSE ahead of opening bell
11th Nov 2014 07:18
UK stocks are expected to kick-off Tuesday's session with limited gains as investors await direction ahead of what is expected to be another fairly quiet session beyond corporate news. City sources predict the FTSE 100 will open around five points higher than Monday's close of 6,611.25. The economi
Read moreVodafone interims improve as customers demand more data - UPDATE
11th Nov 2014 07:08
Interim results from mobile telecoms group Vodafone showed evidence of growing stabilisation in its European markets, with the company now guiding towards the higher end of expectations for full-year earnings and revealing it will launch a UK residential broadband and TV service in spring 2015. Stro
Read moreOfcom takes step towards improving ultra-fast broadband
7th Nov 2014 09:48
Telecoms watchdog Ofcom has taken a step towards releasing more bandwidth capacity for ultra-fast broadband and 4G. Ofcom said it was inviting potential bidders to comment on proposals for its auction of so-called "spectrum" in the 2.3 GHz and 3.4 GHz bands, which is expected late next year or in ea
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