Vodafone change focus of global sponsorship strategy
14th Mar 2013 08:03
Telecoms giant Vodafone has said that as a result of its global sponsorship review it is now planning to increase its focus on delivering an enhanced approach to customer engagement, founded on a new, Vodafone-owned marketing platform, to be developed and implemented throughout 2013. As part of th
Read moreThursday newspaper round-up: BHP Billiton, Vodafone, Bank of England...
14th Mar 2013 06:50
According to The Independent, mining firm BHP Billiton is facing a corruption inquiry on speculation that it allegedly provided 'inducements, hospitality and gifts' to Chinese officials at the Beijing Olympic and Paralympic Games in 2008. The paper says that BHP could be hit with a multimillion-doll
Read moreVodafone signs deal with Orange to invest in infrastructure in Spain
13th Mar 2013 12:40
Vodafone Spain has signed an agreement with fellow telecoms company Orange to co-invest in street-level 'fibre', a type of horizontal infrastructure, in the country. Although the fibre will be owned independently, the companies will share the same technical specifications to ensure compatibility a
Read moreLondon close: Markets cement gains after strong US jobs data
8th Mar 2013 16:56
The FTSE 100 registered its highest closing price in over five years on Friday after a key indicator of the US labour market smashed expectations. However, the figures failed to give stocks a boost in afternoon trade as investors pondered whether the data is strong enough to prompt the Federal Rese
Read moreLondon midday: Stocks rise as market prices in strong US jobs data
8th Mar 2013 11:36
Markets maintained their positive bias on Friday morning as traders showed confidence ahead of a key reading of labour-market strength in the US later on, the February employment report. Increased risk appetite in London meant that financial stocks were leading the way higher today. Expectations r
Read moreLondon open: Risk appetite increases ahead of US jobs report
8th Mar 2013 08:25
The FTSE 100 was firmly in positive territory on Friday morning ahead of the crucial US employment report due out this afternoon, with traders hoping that jobs figures could beat forecasts given the solid economic data seen as of late. The US jobs report, out at 13:30 London time, is expected to gi
Read moreFriday broker round-up UPDATE
8th Mar 2013 07:42
Advanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re
Read moreLondon pre-open: FTSE to extend Thursday's gains
8th Mar 2013 07:28
City sources predict the FTSE 100 will open up 36 points from yesterday's close of 6,439, tracking gains seen in the US and Asia overnight. The Dow Jones recorded yet another all-time high on Thursday, closing at 14,329. Meanwhile, in Asia markets were lifted by reports that exports from China we
Read moreVodafone to partner New Zealand Police
8th Mar 2013 07:01
Telecoms giant Vodafone has announced that New Zealand Police has chosen Vodafone New Zealand as its partner for mobile communications in a 10-year fully outsourced deal. The company will provide the police with customised mobile services and smartphones, with a total of NZ$159m to be spent on the
Read moreThursday tips round-up: Vodafone, Legal & General, Cape
7th Mar 2013 06:46
Speculation regarding a host of possible different business combinations has kept Vodafone well bid, but the underlying logic may be questionable. For starters, the company need not acquire a smaller rival to play the game of 'digital convergence.' Similarly, a sale of its stake in Verizon Wireless
Read moreLondon close: Stocks pare gains ahead of policy decisions
6th Mar 2013 16:51
After a solid rise early on, the FTSE 100 had trimmed gains by the close of trade on Wednesday as investors took profits after stocks hit fresh multi-year highs the day before. Markets across Europe finished mixed this afternoon, slipping from the best levels of the day "as caution once again tempe
Read moreSector movers: Vodafone lifts telecoms higher on Verizon speculation
6th Mar 2013 16:00
The mobile telecommunications sector was making decent gains on Wednesday as bid rumours surrounding heavyweight phone network firm Vodafone sparked a sharp rise in the share price. Speculation that a deal with American part-owner Verizon (VZ) is near at hand escalated yesterday after Bloomberg rep
Read moreFTSE 100 movers: Vodafone tops the leader board
6th Mar 2013 15:40
Vodafone surged after Bloomberg last night reported that part-owner Verizon Communications is looking to resolve its relationship with the UK telecoms group. Richard Curr, the Head of Dealing at Prime Markets said this morning that if the stake is sold off, "it will provide the group with the fire
Read moreBroker snap: Verizon Wireless sale can't be ruled out at Vodafone, says Bernstein
6th Mar 2013 14:59
UK telecoms group Vodafone was being lifted on Wednesday by speculation that a deal with American part-owner Verizon (VZ) is near at hand. Bloomberg reported the day before that the two parties had held talks as recently as December and had discussed a possible merger. A buy-out or a partial sale o
Read moreLondon midday: Stocks hold on to recent gains
6th Mar 2013 11:56
Well-received results from a number of heavyweight stocks and M&A speculation surrounding Vodafone pushed the FTSE 100 firmly into positive territory on Wednesday morning, pushing the index to fresh multi-year highs. The Footsie finished yesterday's session at 6,432, a level not seen since late 200
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