BT Share News (BT.A)

BT warns on profits after Italian writedown and UK slowdown

(ShareCast News) - BT has cut its profit guidance for the next two years after an investigation into accounting blunders at the telecoms giant's Italian business forced it to more than triple its expected write-downs to £530m, while the UK business has also seen a deterioration in its outlook. An in

Sector movers: Miners pace gains as dollar weakens on Trump

(ShareCast News) - Steelmakers and miners found an unexpected ally at the start of the week in the form of a weaker US dollar in the wake of what a fair bit of market commentary appeared to label as a rather protectionist Inauguration Day speech by US President Donald Trump. That drove a haven bid f

Sunday newspaper round-up: Industrial strategy, May to meet Trump, Barclays, courgettes

(ShareCast News) - Theresa May will on Monday reveal her '10 pillars' industrial strategy that will aim to boost sector productivity. The Sunday Times said the Prime Minister's long-awaited green paper includes measures to improve skills, boost scientific research, and increasing spending on broadba

BT to hike broadband prices by more than triple CPI inflation

(ShareCast News) - BT Group is to hike its broadband prices by more than triple the amount of inflation. It would also charge more for calls and some TV packages. Customers on standard copper broadband would be hit with an additional £2 from 2 April 2, BT said in a statement. Those on its quicker I

Sector movers: BT, Smurfit Kappa move higher after hiking prices

(ShareCast News) - Cyclicals led gains, spearheaded by oil service and general industrial issues, alongside an advance in stock of BT Group after the UK telecoms incumbent let it be known it would be raising prices for its broadband and landline services. AMEC Foster and Petrofac were up as crude oi

Wednesday broker round-up

(ShareCast News) - Hochschild Mining: RBC Capital Markets reiterates Outperform with a target price of 290p. Pearson: Liberum reiterates Sell with a target price of 470p. IG Group: Barclays reiterates Overweight with a target price of 612p. British American Tobacco: Citi reiterates Buy with a targ

Wednesday broker round-up

(ShareCast News) - Burberry: Barclays upgrades to Overweight and lifts target price from 1450p to 1760p. AstraZeneca: UBS maintains Buy, keeps target price of 5,000p. Spectris: Bank of America Merill Lynch upgrades to Buy with a target price of 2600p. Unilever Plc: UBS maintains Buy with a target

BT boosted by Morgan Stanley upgrade

(ShareCast News) - BT Group got a lift on Wednesday as Morgan Stanley upgraded its stance on the stock to 'overweight' from 'equalweight' and bumped up the price target to 490p from 450p. It noted the shares have underperformed the FTSE 100 by a disappointing 41 percentage points in the last 12 mont

BROKER RATINGS SUMMARY: Morgan Stanley Upgrades BT To Overweight

Tuesday broker round-up

(ShareCast News) - Tullow Oil: UBS reiterates neutral with a target price of 260p. BT Group: Barclays reiterates overweight, 525p target. B&M European: Deutsche Bank reiterates buy with a 330p target. BP: HSBC reiterates buy with a 590p target. Royal Dutch Shell: Barclays keeps at overweight with

Thursday broker round-up

(ShareCast News) - Wood Group: UBS reiterates neutral with a target price of 875p. Burberry: Exane BNP Paribas keeps at neutral, 1490p target. Inmarsat: Deutsche Bank reiterates buy with a 1030p target. Sports Direct: Canaccord reiterates sell with a 160p target. Vodafone: Deutsche Bank reiterate

BT to create 500 UK & Ireland customer service jobs

(ShareCast News) - Telecoms company BT Group has announced plans to create another 500 customer service jobs in the UK and Ireland. Most of the jobs will be in contact centres in Swansea, Warrington, Doncaster and Accrington and are in addition to the previously-announced target of 1,000 UK and Irel

Ofcom wants to open up BT's ducts and poles

(ShareCast News) - A new promise to broadband providers was made by Ofcom on Tuesday, saying they will be able to build ultrafast, full fibre networks more cheaply and easily than they can now, still using infrastructure owned by BT. The regulator outlined a strategy in July to promote the large-sca

FTSE 100 movers: Miners fly south, housebuilders warmed by BoE data

(ShareCast News) - As London woke to the first winter's frost, a flock of commodities heavyweights flapped south to send the FTSE 100 into negative territory on Tuesday. A fall in metals prices, led by copper, saw investors migrate out of Antofagasta, Fresnillo, BHP Billiton, Rio Tinto, Anglo Americ

TOP NEWS SUMMARY: Ofcom Orders Legal Separation Of Openreach From BT