TechMARK movers: Vodafone goes ex-dividend
17th Nov 2010 13:38
TechMARK's decline will undoubtedly have been influenced by Vodafone going ex-dividend. Mobile phone networks operator Vodafone is paying an interim dividend of 2.85p a share, which is similar to the size of the fall in the share price. Vodafone is the biggest company in TechMARK Positive news fr
Read moreFTSE 100 movers: Ex-dividend declines
17th Nov 2010 13:38
Footsie's fallers are dominated by shares that are going ex-dividend. Marks & Spencer, Carnival, Sainsbury and Vodafone have all gone ex-dividend today. Retailer Marks & Spencer is paying an interim dividend of 6.2p a share but the share price has fallen by nearly double the amount of the dividen
Read moreLondon close: Footsie recovers as M&A action heats up
15th Nov 2010 16:37
The top share index snapped out of a weak start to finish in positive territory Monday as jitters over the Irish debt situation eased and bid speculation and company updates attracted attention. Shares in Invensys moved higher despite the engineering firm denying press reports that it has received
Read moreLondon afternoon: Bid activity keeps the pot bubbling
15th Nov 2010 14:07
A sprinkling of bid speculation is livening up markets this Monday, as traders wait for the Irish sovereign debt situation to play itself out. Shares in Invensys are higher despite the engineering firm denying press reports that it has received an approach. The company's chief executive Ulf Henrik
Read moreVodafone told to deposit $550m in India tax dispute
15th Nov 2010 11:44
Telecoms giant Vodafone has been ordered to pay $550m (£340m) as a deposit against a possible $2.5bn tax bill in India. Vodafone has been given a 30-day deadline to pay the full tax bill, which relates to an acquisition three years ago, but the mobile giant is vigorously disputing the bill. The UK
Read moreFriday tips round-up: Vodafone, Balfour Beatty, RSA...
12th Nov 2010 06:51
In an attempt to "create a more valuable Vodafone" the world's largest mobile phone group will focus its efforts on Europe, India and Africa. To underscore this point the group also revealed that it planned to sell its interest in Japanese wireless operator Softbank for £3.1bn. This money will be
Read moreVodafone shares advance as it lifts outlook
11th Nov 2010 10:28
Mobile phone provider Vodafone's share price has continued its slow ascent as it continues to defy its critics, posting earnings of 14.31p a share for the first six months of 2010 against market expectations of 9.17p. The company also announced that plans to sell its interest in Japanese wireless o
Read moreLondon close: Footsie adds gains as results impress
9th Nov 2010 16:58
Footsie added more gains Tuesday as a stream of company updates was mostly well-received. Fund manager Schroders muscled its way to the top of the Footsie leaderboard, seeing off competition from several other heavy hitters that have made trading updates today. Profits rocketed at Schroders during
Read moreLondon afternoon: Stocks come off the boil
9th Nov 2010 14:44
Investors creamed off a few profits over the lunchtime session pushing the Footsie back below 5900. Fund manager Schroders has muscled its way to the top of the Footsie leaderboard, seeing off competition from several other heavy hitters that have made trading updates today. Profits rocketed at Sc
Read moreLondon midday: Footsie climbs high as results impress
9th Nov 2010 12:21
Footsie has been hitting new highs in line with its pre-financial crisis levels as well-received company results drive the leading share index higher. Barclays is in demand after eked out a small increase in nine-month profit as a doubling of profit at the investment banking arm offset huge impair
Read moreLondon open: Results give Footsie a lift
9th Nov 2010 08:48
London has opened stronger than expected after the dip on Wall Street overnight, largely due to some well received trading updates from index heavyweights on a very busy company announcement day. Barclays eked out a small increase in nine-month profit as a doubling of profit at the investment banki
Read moreLondon pre-open: Small slip in store
9th Nov 2010 07:39
Last night's dip on Wall Street looks set to trip London in early deals, although there's plenty of corporate news to digest. Futures prices point to a 9-point decline at the start of play. The Dow Jones was down 37 points last night. Barclays eked out a small increase in nine-month profit as a d
Read moreVodafone raises guidance, to sell Softbank interest
9th Nov 2010 06:21
Mobile phone giant Vodafone raised its profits forecast for the current year and vowed to get more cash out of its stakes in Verizon Wireless and SFR one way or another in a bullish half-year update. The firm now expects adjusted operating profit for the 2011 financial year will be in the range of
Read moreTuesday preview: Barclays, M&S, Vodafone
8th Nov 2010 15:29
Barclays is the last of the big four banks this month to give a trading update on Tuesday when it issues an interim management statement. Deutsche Bank is predicting the stalwart of the UK high street will announce third quarter revenues of £2.7bn. All eyes will be on write-downs and other excepti
Read moreLondon close: Blue chips can't sustain early gains
28th Oct 2010 16:30
After going into a slump just ahead of midday, Footsie picked up over the lunch time session, helped by expectations of a firm start on Wall Street. The Anglo-Dutch oil giant Royal Dutch Shell grew earnings by 18% in the third quarter compared with a year ago, while the underlying figure rocketed
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