Monday newspaper round-up: Small business, Bank of Cyprus, C&W
18th Jun 2012 06:46
Small businesses are facing a new credit crunch that is denting confidence and restricting growth even as the UK government launches an 80bn pound scheme to boost lending. In research published yesterday, the Federation of Small Businesses (FSB) said banks are rejecting more than four in ten firms t
Read moreSunday newspaper round-up: Vodafone, Tesco, BP
10th Jun 2012 17:11
Britain's banking regulator is to be handed major powers to influence the way the country's largest lenders are run as part of a reform package to be announced this week by George Osborne. The Chancellor will effectively drop the case for major reform of the UK's largest banks and say that much of t
Read moreFriday tips round-up: Vodafone, Whitbread, Supermarkets
8th Jun 2012 06:56
In the Telegraph, Questor makes a compelling case for buying Vodafone. Impressive cash generation offers a current yield of 8.5 per cent while the shares trade at just 10 times earnings. Vodafone has also announced a sensible joint venture with O2's parent company, Telefonica, to share infrastructur
Read moreLondon midday: China cuts interest rates, steals spotlight
7th Jun 2012 11:39
-PBoC cuts rates -BoE maintains rates and QE -Investors digest stimulus speculation -Stocks react positively to Spanish debt auction The FTSE 100 index was trading close to its intraday high by Thursday lunchtime despite weakness in the mining sector; the Bank of England revealed at noon that it ha
Read moreLondon open: Stocks rise on stimulus hopes
7th Jun 2012 08:35
- Eyes on Spanish auction - Central bank stimulus speculation boosts stocks - MPC to reveal rate decision at noon UK stocks headed higher on Thursday morning ahead of a crucial bond auction in Spain later on today; meanwhile speculation of central bank stimulus at home and abroad lifted sentiment e
Read moreLondon pre-open: FTSE to extend Wednesday's gains
7th Jun 2012 07:39
City sources predict the FTSE 100 will open up 29 points from yesterday's close of 5,384, tracking both US and Asian stocks higher. Telecoms peers Vodafone and Telefonica are to create one national grid in the UK running each operator's independent spectrum by pooling the basic parts of their net
Read moreVodafone teams up with Telefonica to combine UK infrastructure
7th Jun 2012 07:20
Telecoms titans Vodafone and Telefonica are to create one national grid in the UK by pooling together parts of their network infrastructure. "The plan will deliver real benefits for today's mobile phone users by creating two competing networks that will be able to offer indoor 2G and 3G coverage ta
Read moreLondon close: Stocks surge after Draghi comments
6th Jun 2012 16:39
- ECB keeps rates unchanged; future rate cut eyed - Cameron, Obama call for 'immediate plan' - Miners and financials jump, ABG rockets The Footsie finished over two per cent higher on Wednesday afternoon as miners and financial stocks surged on speculation of future changes to monetary policy in Eu
Read moreFTSE 100 movers: Man Group regains lost ground on upgrade
6th Jun 2012 14:55
Hedge fund Man Group, which has lost 40% of its share price in 2012 so far, was the best performer by midday after Citigroup upgraded its rating on the stock to buy, saying that "Man is now at the end of its downgrade cycle." However, the US broker did cut its earnings estimates for the group today.
Read moreLondon midday: Stocks jump ahead of ECB rate decision
6th Jun 2012 11:39
- All eyes on the ECB - UK construction PMI falls in May - Man Group, miners and banks lead the rise London's blue chip index was firmly higher by Wednesday lunchtime as investors looked ahead to an interest rate decision in Europe due out this afternoon. While the European Central Bank (ECB) is g
Read moreVodafone takes control of mobile coupon firm
6th Jun 2012 10:25
The increasing importance of cash-back and coupon sites in modern society has been underlined by Vodafone, which has taken a controlling stake in mobile coupon provider Vouchercloud. Telecoms giant Vodafone has increased its stake from 21% to 57% in Invitation Digital Limited (IDL), the parent comp
Read moreLondon open: Miners, financials lead stocks higher early on
6th Jun 2012 08:21
- Eyes on ECB rate decision - Upside surprise in Australian GDP - Miners, financials gain early on After a four-day weekend for the Queen's Diamond Jubilee, the FTSE 100 jumped in early trading on Wednesday morning ahead of an interest rate decision in Europe. News that Australia's economy expanded
Read moreLondon pre-open: FTSE to track US stocks higher
6th Jun 2012 07:24
City sources predict the FTSE 100 will open up 35 points from Friday's close of 5,260, tracking US stocks higher following the UK bank holiday weekend. The merger of HSBC's Omani operations with Oman International Bank (OIB) has been approved, giving the global banking giant a majority interest.
Read moreVodafone eyes up Telstra division
6th Jun 2012 07:14
Telecoms giant Vodafone has confirmed that it is talking with Australian peer Telstra about buying its New Zealand subsidiary, TelstraClear. The division was first created in 2001 through the combination of Telstra unit TelstraSaturn and BT's Clear Communications; it is now one of New Zealand's big
Read moreVodafone's CFO sells a million shares
25th May 2012 15:39
Andy Halford, the Chief Financial Officer of Britain's biggest mobile phone company Vodafone, dumped a million shares on the market this week, almost halving his stake in the company. Halford, who took his seat on the board in 2005, sold 976,056 shares at 171.624p and 23,944 at 170.46p for a total
Read more