London pre-open: Stocks seen higher ahead of Yellen
11th Feb 2014 07:25
UK markets are expected to open with small gains on Tuesday following a decent performance by US and Asian stocks overnight as investors ready themselves for comments from new Federal Reserve Chair Janet Yellen. City sources predict the FTSE 100 will open 27 points higher than yesterday's close o
Read moreVodafone teams up with MoneyGram to expand M-Pesa service
11th Feb 2014 07:07
Vodafone has partnered up with money transfer and payment services company MoneyGram to launch a service that will enable its consumers to transfer funds directly from around 200 countries to users of its M-Pesa service. The service will be launched in key markets during the second quarter of 2014
Read moreTuesday newspaper round-up: Retail sales, Household finances, Vodafone...
11th Feb 2014 07:06
A strong rebound in furniture sales on the back of the recovery in the housing market fuelled the strongest monthly retail sales growth since March 2010. High Street retailers will take some relief from better-than-expected sales figures for January that rose 3.9 per cent according to the British R
Read moreBroker tips: Admiral, G4S, Vodafone, Hyder Consulting
10th Feb 2014 12:05
Goldman Sachs has downgraded its rating for Admiral from 'buy' to 'neutral' ahead of the car insurance group's annual results next month after the stock's recent outperformance. The bank said that Admiral's share price suffered excessively from negative sentiment in the third quarter of 2013. "Sinc
Read moreBroker snap: Goldman Sachs says Vodafone is a potential take-over target
10th Feb 2014 11:11
Analysts at Goldman Sachs substituted their 'not rated' designation on shares of Vodafone with a recommendation to 'buy' due to the current undervaluation of the shares and scope for the telecommunications carrier to be taken over. In the broker's opinion investors are failing to recognise the opp
Read moreMonday broker round-up UPDATE
10th Feb 2014 08:13
Admiral Group: Goldman Sachs downgrades from buy to neutral with a target price of 1440p. APR Energy: Jefferies lowers target price from 1260p to 1250p keeping a buy recommendation. Dialight: N+1 Singer reduces target price from 1227p to 1022p, while leaving its buy recommendation unchanged. Ferr
Read moreSunday share tips: Vodafone, Rockhopper, TyraTech
9th Feb 2014 12:46
Hold on to shares of Vodafone once the sale of its stake in Verizon is completed, the Sunday Telegraph's Questor column said. Vodafone will pay 104p a share to shareholders from the proceeds of the sale. After that, Vodafone is a potential takeover target for AT&T and other North American buyers. Th
Read moreSunday newspaper round-up: Barclays, RSA, Vodafone
9th Feb 2014 09:06
Barclays is preparing to cut its investment bank by a fifth to appease the Bank of England (BoE), the Sunday Times reported. Chief Executive Antony Jenkins will announce the plan to sell £150bn of assets and slash annual costs by £1.7bn with the bank's full-year results on February 11th. The investm
Read moreLondon open: Markets pause ahead of US jobs data, stocks flat
7th Feb 2014 08:37
- Non-farm payrolls estimated at 180,000 - China services PMI falls to 50.9 - Tate & Lyle upgraded by JPMorgan to 'overweight' - Shires stops development of depression drug techMARK 2,781.99 +0.10% FTSE 100 6,561.78 +0.05% FTSE 250 15,827.61 +0.24% The FTSE 100 was broadly flat on Friday morning w
Read moreLondon close: Markets bounce back on ECB promise
6th Feb 2014 16:50
- ECB ready and willing to act - Vodafone and SuperGroup lead gains - All eyes on Friday´s US jobs report techMARK 2,779.24 +1.25% FTSE 100 6,558.28 +1.55% FTSE 250 15,789.91 +1.47% After a cautious start, UK markets pushed firmly into positive territory on Thursday after European Central Bank (EC
Read moreSector movers: Mobile telecoms, healthcare stocks rise as results impress
6th Feb 2014 14:02
The mobile telecoms and healthcare categories were putting in decent performances on Thursday in London after results from sector heavyweights Vodafone and Smith & Nephew impressed. Vodafone gained 2.4% in afternoon trade after revenues declined by a less-than-expected 3.6% in the third quarter to
Read moreFTSE 100 movers: Vodafone, Smith & Nephew rise as results beat forecasts
6th Feb 2014 12:51
Telecoms giant Vodafone gained on Thursday after third-quarter revenue declined by a less-than-expected 3.6 per cent. Chief Executive Vittorio Colao also said he was optimistic that sales trends would begin to improve. Medical equipment manufacturer Smith & Nephew also beat analysts' forecasts as i
Read moreBroker tips: Reckitt, Vodafone, Imagination Technologies
6th Feb 2014 12:48
Consumer goods giant Reckitt Benckiser was making gains on Thursday after Credit Suisse lifted its rating for the stock from 'neutral' to 'outperform', saying that investors should look past concerns regarding its struggling pharmaceuticals division. "It is time then to look past pharma challenges,
Read moreLondon midday: Stocks push higher ahead of ECB as BoE holds rates
6th Feb 2014 11:28
- BoE keeps policy on hold - ECB decision, press conference in focus - US futures higher ahead of data techMARK 2,769.50 +0.89% FTSE 100 6,517.70 +0.93% FTSE 250 15,697.91 +0.88% After a cautious start, UK markets pushed firmly into positive territory on Thursday and were registering decent gains
Read moreBroker snap: 'Buy' Vodafone shares sooner rather than later, says Prime Wealth
6th Feb 2014 10:06
Prime Wealth Group has labelled telecoms titan Vodafone as a 'buy', recommending investors to snap up shares quickly after the company's third-quarter figures beat forecasts on Thursday. Vodafone reported that revenues for the three months ended December 31st totalled £10.98bn, 3.6% down on last ye
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