Vodafone unveils €4bn capital return after selling Italian unit

15th Mar 2024 06:45

(Sharecast News) - Vodafone and Swisscom have confirmed that the Swiss telecom group will take over Vodafone Italy for €8bn, enabling the UK company to return €4bn to shareholders.

Read more

London close: Stocks finish positive as US inflation moderates

29th Feb 2024 16:05

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

Read more

Vodafone rallies on 'RARE' Betaville report

29th Feb 2024 13:11

(Sharecast News) - Vodafone rallied on Thursday amid takeover speculation.

Read more

London close: Stocks slip as US GDP growth decelerates

28th Feb 2024 15:01

(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.

Read more

Vodafone to sell Italian operations to Swisscom for €8bn

28th Feb 2024 07:10

(Sharecast News) - Vodafone has confirmed media speculation that it intends to sell its Italian operations to Swiss telecoms group Swisscom for an enterprise value of €8bn.

Read more

Swisscom sole bidder for Vodafone's Italian assets - report

15th Feb 2024 10:47

(Sharecast News) - Swisscom has become the sole party still in discussions with Vodafone Group about its Italian assets, it was reported on Thursday.

Read more

London close: Stocks turn lower on renewed interest rate concerns

5th Feb 2024 16:22

(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.

Read more

Vodafone struggles in Italy, Germany, but holds guidance

5th Feb 2024 07:03

(Sharecast News) - Telecoms giant Vodafone held full-year guidance as it reported a fall in third-quarter service revenues, driven largely by declines in Germany.

Read more

London close: Stocks mixed ahead of US Fed, BoE decisions

31st Jan 2024 15:49

(Sharecast News) - London's financial markets finished with mixed performance on Wednesday, with investors closing their wallets ahead of rate announcements from both the US Federal Reserve and the Bank of England.

Read more

Vodafone rejects revised Iliad offer to merge Italian businesses

31st Jan 2024 08:06

(Sharecast News) - Iliad said on Wednesday that Vodafone had rejected its revised offer to merge the two companies' Italian businesses.

Read more

Sunday newspaper round-up: NatWest, China, Vodafone

28th Jan 2024 19:32

(Sharecast News) - The Chancellor is laying the groundwork for the sale of billons of pounds worth of shares in NatWest as soon as June. A contract to a market research company has been awarded to study the public's views, alongside a tender to public relations firms and advertising companies who would work on the marketing campaign. Nevertheless, sources inside the Treasury have played down recent speculation in the City that Jeremy Hunt might announce the decision in his 6 March budget. The sale was expected to be priced at a discount. - The Sunday Times

Read more

London close: Stocks finish higher as US inflation cools

26th Jan 2024 16:21

(Sharecast News) - London's financial markets closed positively on Friday, as investors were buoyed by an optimistic consumer confidence survey and a lower-than-anticipated inflation reading from across the pond.

Read more

Competition watchdog probes Vodafone-Three merger

26th Jan 2024 08:29

(Sharecast News) - The competition regulator has opened a formal investigation into the proposed £15bn merger between Vodafone Group and Three UK, it was confirmed on Friday.

Read more

London close: Stocks finish lower as wage growth eases

16th Jan 2024 16:17

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.

Read more

Vodafone to invest $1.5bn in new Microsoft partnership

16th Jan 2024 07:19

(Sharecast News) - Vodafone has signed a 10-year strategic partnership with American software giant Microsoft which will see the UK-listed telecoms group invest $1.5bn over the next decade.

Read more