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FTSE 100 closes lower on day and week as global growth worries knock sentiment
The UK's premier share index finished almost ten points down. It was also lower on the week as a whole
Company
Vodafone Group PLC
LON:VOD
Vodafone Group PLC is a mobile telecommunications company, with a significant presence in Europe, the Middle East, Africa, Asia Pacific and the United States.
563 stories · page 4 of 6
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Investors hoping for some reassurance from Vodafone on Friday
Friday will see Vodafone take centre stage, ably accompanied by Irn Bru maker AG Barr
Vodafone and O2 extend their network sharing deal to cover 5G, stepping up the battle with BT
Nick Jeffery, Vodafone UK’s chief executive said: “We believe that these plans will generate significant benefits for our business and our customers as we move into the digital era of connected devices, appliances and systems on a mass scal
BT's fibre broadband roll-out plan is Deutsche Bank's 'biggest concern'
“On one hand dividends and pension constrain investment budgets, on the other, competitors are starting to receive funds for ambitious new builds and are mobilising to avail of duct and pole access regulation,” Deutsche Bank said
Investments and investor services
FTSE 100 nudges lower at close as China growth worries hit stocks
The UK's blue-chip index finished down nearly seven points at 6,96, while FTSE 250 was also lower
Vodafone rocked with double downgrade to ‘Underperform’ by RBC citing “unsustainable” dividend
The bank said that despite the mobile operator saying its March 2019 dividend would be unchanged, with a payout costing €4.1bn per year it would be “unsustainable beyond that”
Vodafone’s lucrative audit contract up for grabs as it ditches PwC amid Phones4U spat
Deloitte, EY and KPMG will all want to win the Vodafone contract, which earned PwC more than £20mln last year
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Lloyds, Vodafone, BP, GSK and Sirius Minerals the top traded companies of 2018
The Share Centre's Helal Miah said Lloyds' dividends have been restored to historic norms as profits have recovered after its restructuring
Vodafone, Sony Pictures employing new Spider-Man movie to promote digital-jobs finder
After users complete the tests on the platform, they receive a summary of their skills and interests
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Mitie's first-half profits decline as it carries out turnaround plan
Mitie said its turnaround plan was delivering in line with plan in the second year of implementation
FTSE 100 closes firmly in the red as PM Theresa May says Brexit deal within grasp
The UK blue-chip benchmark closed down nearly 90 points at 6,960, while the FTSE 250 shed nearly 55 points
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No profit warning repeat hoped for from British Gas owner Centrica
Aside from Centrica, the Day Ahead includes updates from the likes of water firm Severn Trent, booze retailer Majestic Wines, and pubs operator Mitchells & Butlers
Vodafone slumps to first-half loss but shares jump as it maintains dividend
Vodafone expects organic growth in adjusted earnings to meet the mid-point of its guidance range and raised its forecast for free cash flow
Investments and investor services
FTSE 100 flatlines at close as sterling gains on Brexit optimism
The UK blue-chip benchmark closed up 0.68 at 7,053, while the FTSE 250 added over 174 points at 18,985
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Taylor Wimpey and Vodafone to lead the way on a busy Tuesday in the City
The City diary is filled to the brim, with updates expected from Taylor Wimpey, McCarthy & Stone, Vodafone, Premier Foods, Experian and many more
Vodafone has target price cut by JP Morgan Cazenove amid dividend and growth concerns
In a note to clients, analysts at the US investment bank said in contrast to 2017 when Vodafone hit multi-year highs, this year it had suffered a “dramatic de-rating”
Vodafone has price target cut by UBS on Italy costs and UK earnings concerns
UBS made the cut due to higher costs at Vodafone's Italian business and expected lower earnings in the UK
Vodafone ticks up as Italian arm snaps up spectrum for €2.4bn to develop 5G coverage
The FTSE 100 telecoms firm said the spectrum included a range of 3700 megahertz, which would be immediately available to rapidly develop 5G services
Ofcom opens probe into BT Group and Vodafone UK mobile coverage errors
Ofcom said it had found errors in the coverage data provided by Vodafone and EE relating to 4G and 3G mobile coverage
New contract wins with UK blue-chips help first-half revenues soar at Be Heard
New business from the likes of Vodafone and GSK and a strong contribution from The Corner, which it acquired in December, meant revenues jumped 70% in the first half
Investments and investor services
Credit Suisse downgrades Vodafone Group target but stays positive on longer term view
Ahead of half-yearly results, due in November, Credit Suisse believes a reiteration of guidance would be positive for the telecom's share price
Archive
Aston Martin names non-executive chairwoman as luxury carmaker confirms intention to pursue IPO
The luxury carmaker said it would appoint Penny Hughes, who has previously worked at FTSE 100 firms including RBS, Vodafone, and Morrison's when it floats
Vodafone divi “at risk” but still worth a punt, says Citi
Analyst Georgios Ierodiaconou acknowledges that there are issues for Vodafone, particularly overseas, but reckons there are enough positives for investors to take a chance on the stock
Kin Group unveils £6.8mln reverse takeover of video game-focused software firm bidstack
bidstack provides technology that inserts adverts into natural advertising spaces within video games, which cannot be excluded with ad-blocking software
Vodafone completes merger of India business with Idea Cellular
The combined business will be renamed Vodafone Idea Ltd and will remain listed in India
Vodafone Australia and TPG agree A$15bn merger to take on Optus and Telstra
Vodafone said the merged company will be a more capable challenger to Telstra and Optus and will be much better placed to invest in mobile and fixed line services
FTSE 100 journey in the red continues as it closes down around 47 points
In the currency markets, the pound is down 30% against the US dollar, while the pound is up 0.26% against the Euro..
FTSE 100 closes higher, boosted by earnings and weaker pound
In London, FTSE 100 added over 38 points to finish at 7,701 - that was up on the week too, marginally - by 0.29%.
Archive
BT investors 'flying blind' as it reports first quarter results without net adds
Jefferies reckons the key focus for BT's quarterly results will be on the business and public sector division following a poor performance last year
Vodafone shares drop as it posts slowdown in first quarter organic service revenue
Vodafone continues to expect full-year underlying organic adjusted earnings (EBITDA) growth of 1-5%
Investments and investor services
ITV, GlaxoSmithKline and Indivior to be among the highlights for Wednesday
Among Wednesday's names are ITV, GlaxoSmithKline, Indivior, and Tullow Oil
Vodafone shares drop as UBS cuts target price and predicts slowdown in growth
UBS maintained a ‘buy’ rating on Vodafone but lowered its target price to 250p from 255p, saying it thinks the shares are “too cheap”
Hardware & electrical equipment
Vodafone's generous dividend under threat, Kepler Chevreux believes
The major appeal of Vodafone is its dividend but Kepler thinks there are better picks in the sector, namely Orange, Telia and KPN
FTSE 100 closes firmly higher as market shrugs off UK political chaos
Fiona Cincotta, senior market analyst at City Index, said the UK was now at a crossroads..
Numis upgrades TalkTalk but the City broker really isn’t a fan
Because shares have fallen over the past few weeks, Numis reckons the stock is now just a ‘reduce’, but it has a lot of issues with TalkTalk: namely the collapse of the B2B unit sale and rivals starting to compete better on price
Alexander Mining shares rise as it gets patent for leaching technology in Chile
A look at some of the top risers and fallers in London on Tuesday
Utilitywise teams up with Vodafone and Dell to launch “ground-breaking” energy management platform
The platform gives businesses and building managers unprecedented insight into how they are using energy, helping them to reduce their energy bills
BT Group brings in bankers as it looks to sell off troubled Italian business
According to the Telegraph, BT wants to sell off the division as part of its plan to simplify and modernise its business
Hardware & electrical equipment
Vodafone to trial 5G mobile network technology in seven cities later this year
Following in the footsteps of BT's EE unit, Vodafone has announced the latest phase of what it calls its campaign to deliver "a Gigabit society for all"
“Unprecedented” float of payment handler for Netflix, Facebook sparks echoes of Dot-com bubble
The meteoric debut of payments handler Adyen in its first day of trading has led many to compare it to the same frantic speculation that pervaded the tech sector in the late 1990s
FTSE 100 ends in the red as Brexit wrangling weighs on sentiment
The UK's premier share index closed down 7.97 points, or 0.10% at 7,704
Investments and investor services
CMC Markets, Auto Trader and MITIE all in focus ahead of Thursday results
One City broker expects CMC to reveal a 22% jump in pre-tax profit in its results tomorrow.
BT Group up on reports of informal interest from infrastructure funds about taking stake in Openreach
BT owns the UK's national telecom and broadband network through Openreach, a legally separate division that is used by the firm and its rivals to provide services to consumers
Archive
FTSE 100 closes higher but gives up gains; sterling hit on Brexit worries
Both the US and UK are heading towards a three-day weekend and, to be honest, it kind of feels like the break has already begun...
BT rivals TalkTalk and Vodafone threaten Openreach broadband dominance
Openreach plans to replace the UK’s ageing copper lines with fibre optic cables to bring faster broadband to three million premises by 2020
Vodafone 'highly likely' to receive approval for Liberty Global deal, says Citi
Citi downgraded Vodafone to a ‘neutral’ rating, sending shares in the company lower
Are Vodafone and BT bosses up to the challenge?, analysts question
Some investors have asked whether BT's chief executive can survive as he tackles such challenges as regulation, pensions and tough competition
Vodafone announces departure of CEO Vittorio Colao as it swings to full year profit
Vodafone returned to a profit in fiscal year 2018 but revenues declined 2.2%
Investments and investor services
FTSE 100 closes higher but miners hit by Chinese data
Around 3.20pm, the UK blue-chip index was up 17 points to 7,728
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easyJet's losses expected to narrow on back of increased passenger loads
As well as easyJet, updates are expected from big names such as Vodafone, Land Securities and Hargreaves Lansdown.
FTSE 100 closes in red as there is little around to spark investor interest
FTSE 250 fared better though closing ahead by around 15 points at 20,800.
Berenberg trims target price for Vodafone as value of Indian venture dips
In a previous announcement, Vodafone said it would merge its Indian mobile tower joint venture with a local rival to become the world’s second largest tower mobile company
Hardware & electrical equipment
BT Group dives again; how much worse could it be were it to cut the divi?
If BT's handsome divi is supporting the BT share price, how come it has lost more than a third of its value since Gavin Patterson took over in 2013?
Vodafone's European expansion is bad news for Deutsche Telekom but could also lead to a shake-up in UK market
Deutsche Telekom shares fell back on the news as its hegemony looks to be threatened, and some analysts suggested regulators may have concerns over the deal
Vodafone to be Europe's leading next generation network owner after €18.4bn Liberty Global deal
Vodafone's European business will extend to 54mln cable/fibre homes 'on-net' and a total reach of 110mln homes and businesses, including wholesale arrangements
Vodafone to become premium partner for ESL esports series
The agreement will include a live broadcast segment, ‘The Vodafone View’, content and advertising distribution, as well as branding and activation at series events
FTSE 100 pares losses as US bond yields rise above 3%
Resource stocks suffer as US dollar makes headway on forex markets
Hardware & electrical equipment
CityFibre agrees £538mln takeover by consortium to support fibre broadband roll-out
The offer for CityFibre represents a 93% premium to its closing share price on Monday
Vodafone unlikely to overpay for Liberty Global assets or cut dividend, says Numis
Numis left its rating on Vodafone at ‘buy’ but cut its target price to 255p from 270p
UBS cuts target prices for BT and Vodafone but remains bullish
Concerns about BT's high-cost base and regulatory headwinds have weighed on the shares while Vodafone is facing uncertainty over talks to buy some of Liberty Global's European assets
BT receives most complaints for mobile and pay-TV services, Ofcom data reveals
Sky had the lowest proportion of complaints for its broadband, landline and pay-TV services
RBC downgrades TalkTalk amid fears BT and Vodafone could undercut mobile and broadband offerings
In a note to clients, analysts at the Canadian bank cited a BT convergence focus as the key risk to TalkTalk's market share
Hardware & electrical equipment
Toople nabs mobile services contract with tyre company from Vodafone
The provider of bespoke telecom services said the unnamed Southern England-based tyre company operates a fleet of mobile service vans for the commercial market
Zinc Media on the front foot after CEO and finance chief buy shares
A look at some of the top risers and fallers in London today
Vodafone Group tipped to show strong full year earnings
Morgan Stanley repeated an 'overweight' rating and moved its price target to 270p, from 280p.
BT, Vodafone, Telefonica and Hutchinson pay £1.35bn in mobile spectrum auction
Ofcom will now move to the last bidding stage of the auction
Shire shares lifted by Japanese takeover talk
A look at some of the biggest risers and fallers in London on Thursday.
FTSE 100 closes firmly higher despite disappointing service sector stats
The UK bluechip-benchmark closed over 165 points higher at 7,199, while the FTSE 250 added over 311 points at 19,576
Vodafone deal to buy Liberty Global assets would increase free cash flows, says Citi
Citi upgraded Vodafone to a ‘buy’ rating from ‘neutral’
Vodafone issues trio of news, including smart home link with Samsung Electronics
The service, named ‘V-Home by Vodafone’ will bring together its Internet of Things system and Samsung’s ‘SmartThings’ open platform
BT shares jump as Ofcom eases price controls on Openreach
BT is likely to face renewed pressure to expand its fibre broadband upgrade across Britain
BT receives Deutsche Bank upgrade after shares fall
Deutsche Bank has upgraded the stock to ‘hold’ from ‘sell’ but left its target price unchanged at 248p
Vodafone Group announces world first in trial of drone traffic control system
The FTSE 100-listed telecoms provider said that it would work alongside the European Aviation Safety Agency on the trials, to be undertaken in Germany and Spain
TalkTalk in price war with Vodafone and BT Group, analysts warn
Goldman Sachs and RBC Capital cut their target price on TalkTalk while Numis put the stock under review
Vodafone upgraded to 'buy' by Numis as broker predicts earnings growth
Numis raised its rating on Vodafone to ‘buy’ from ‘add’ and left its target price at 270p
FTSE 100 succumbs to global profit-taking, closes firmly in red
The UK blue chip index closed down 108.45 points at 7.334, which had been the session low
Vodafone's quarterly revenue drops on impact of Dutch unit sale and forex
Vodafone left its full year guidance unchanged as trading in the third quarter was in line with expectations
Investments and investor services
FTSE 100 closes in red but broadcaster ITV shines
Footsie finished down over 43 points at 7,490, while FTSE 250 was also lower - down around 58 points at 20,185.
Corporate matters may distract Shell investors from expected dip in production
Royal Dutch Shell and Rank Group are among the names in the diary for Thursday
BT facing regulatory hurdles and uncertainty over costs, says Berenberg
Berenberg repeated a 'hold' rating on BT but cut its target price to 320p from 325p while reiterating a 'buy' rating on rival Vodafone and lifting its target price to 253p from 240p
Archive
Unilever among the quality blue chip updates scheduled, but Fed meeting and US jobs data more important
Week ahead includes updates from FTSE 100 AstraZeneca PLC, BT Group PLC, Royal Dutch Shell PLC, and Unilever PLC, plus a Federal Reserve meeting and January US jobs data
Vodafone earnings to benefit from growing top line and cost savings, says UBS
UBS maintained its ‘buy’ rating on Vodafone but raised its target price to 285p from 280p
Vodafone's dividend well covered, says Barclays as it upgrades stock to 'overweight'
Barclays said the telecoms company is its “top pick” of the sector
Vodafone ends plans to merge Malta unit with Melita
The companies were unable to satisfy the Maltese Competition Authority’s requirements
Vodafone enters into strategic alliance with Japan's Softbank
The alliance will improve commercial and operational support services for Vodafone's enterprise customers operating in Japan
FTSE 100 closes down, dragged lower by Centrica PLC after dismal trading update
Market was subdued as US markets were closed for Thanksgiving
Archive
Trading news from British Gas owner Centrica eyed amid energy tariff reform
The day ahead includes a trading update from British Gas owner Centrica, full year result from pubs operators Mitchells & Butlers PLC, and interims from Mothercare PLC
B&M chairman Terry Leahy to be replaced by SuperGroup's Peter Bamford
B&M chairman Terry Leahy will be replaced by Peter Bamford, the current chairman of SuperGroup and deputy chairman of Spire Healthcare
ITV slumps as third quarter ad revenue remains under pressure amid Brexit uncertainty
ITV expects net advertising revenue to fall 5% for the year as Brexit uncertainty continues to hurt business confidence
Vodafone shares jump as it lifts full year guidance after first half profits grow
Vodafone reported an increase in organic core earnings and revenues in the first half
Archive
Day ahead: ITV, Vodafone and Bovis Homes results, UK inflation data
The day ahead includes corporate earnings from ITV, Vodafone and Bovis Homes as well as official UK inflation data
Vodafone sells mobile phone towers in India to American Tower
American Tower will buy ATC Telecom Infrastructure, a joint venture between Vodafone’s India business and Idea Cellular
'Search me, guv’ says Caledonian Trust as it denies knowing why share price boomed on Thursday
Some of the main news-driven risers and fallers in London on Thursday...
Vodafone takes aim at BT through lightning fast telecoms network deal with CityFibre
CityFibre shares jump 23% on tie-up with mobile giant that will see up to 5mln homes connected
Vodafone sells 5.2% stake in South Africa's Vodacom
Vodafone has been streamlining its African businesses
BT Group’s Openreach subsidiary reportedly in talks with Vodafone about a joint investment in new ultrafast fibre-optic broadband
The Daily Telegraph said the two companies are in what are described by industry sources as “early but serious” discussions about coming to build large-scale new infrastructure to replace ageing copper phone lines
BT shares gain after Ofcom forced to revisit rules on broadband market
Telecoms regulator Ofcom said it is disappointed with a judge-led panel's ruling that it made errors in drawing up regulation designed to protect competition and improve broadband speeds
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Proactive news snapshot: Sound Energy, Vodafone, Tissue Regenix...
Some the main stories on the Proactive newswire today
Vodafone a top FTSE 100 riser after first quarter service revenue growth accelerates
Vodafone has left its full year guidance unchanged after adding more broadband and mobile customers in the first quarter
FTSE 100 ends lower but European shares fare worse
London stocks were on the front foot this morning, but they quickly retreated this afternoon...