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June 7 (Reuters) - British telecoms provider KCom Group Plc said it would increase its annual dividend by 10 percent through to 2016, pushing its shares up as much as 11 percent. KCom Group, which also reported a 3 percent rise in full-year profit, raised its total dividend to 4.4 pence fo
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After falling to its worst level in over six weeks, London's FTSE 100 opened broadly flat on Friday morning with investors refraining from building positions ahead of the all-important US jobs report due out this afternoon. The Footsie finished 1.3% lower on Thursday at 6,336, its lowest level sinc
Read moreTelecoms and internet communications provider Kcom Group hiked its dividend 10 per cent as promised but the top line continued to shrink. Sales fell for the fifth year in a row, with revenues from continuing operations slipping 3.7% to £372.9m in the 12 months to 31st March, while earnings before i
Read moreBroadband and communications provider Kcom Group will unveil its annual results on Friday. Earlier this year, the company reported a positive momentum across all its brands as it secured a number of contract renewals in the face of challenging market conditions. At the time, Bill Halbert, Executi
Read moreTelecoms stocks were in demand on Thursday with Vodafone on the rise on renewed M&A speculation and BT gaining on reports that it is seeking a new mobile-phone partner. Shares in Vodafone were up 1.8% at 196.6p in afternoon trade after Reuters said last night that joint-venture partner Verizon Comm
Read moreCommunications services firm KCOM said it is working with the trustees of its pension schemes to pay back the deficit. Alongside a trading update in which the firm said that its performance has been in line with market forecasts in the year to March 31st, the group said it has reached an agreement
Read moreThe impressive performance by global stock markets last month continued into the first trading day of February, as a barrage of upbeat economic data lifted sentiment. The FTSE 100 rose a total of 6.4% in January alone, the best January performance since 1989. Eurozone manufacturing beats forecast
Read moreCommunications services provider KCOM rose after saying in a third-quarter statement that it has seen "positive momentum across all brands". De La Rue, the banknote printer, surged after saying that it had received "some" of the previously delayed orders that it had referred to in the last trading
Read moreFixed-line telecoms stocks were making gains on Friday, helped by a strong rise from sector heavyweight BT Group which impressed the market with its third-quarter statement. The company managed to beat profit forecasts in the third quarter as a result of "impressive" cost reduction, according to an
Read moreA better-than-expected reading of Eurozone manufacturing data helped cement gains for equity markets on Friday morning, as investors await the all-important jobs data due out in the US this afternoon. Expectations are for a 165,000 rise in US non-farm payrolls in January when numbers are released a
Read moreMarkets were performing well in early trading on Friday, extending gains made last month, ahead of the all-important jobs report in the US this afternoon. The FTSE 100 rose a total of 6.4% in January alone, the best January performance since 1989. However, as Joe Rundle, head of trading at ETX Cap
Read moreFTSE 250 communications services provider Kcom has published an interim management statement for the third quarter ending December 31st disclosing progress in the face of challenging market conditions. In the update, which did not include any numbers, the company reported that public sector remaine
Read moreThe Chief Financial Officer (CFO) of KCOM, the FTSE 250 broadband and communications provider, sold half a million shares at 73.5p each. Paul Simpson, who has held the role of CFO since May 2004, earned £367,500 before tax from the transaction. He now holds 1.02m shares in the group, equal to 0.1
Read moreRupert Clevely, the Managing Director of Young's & Co Brewery's Geronimo Inns division, sold nearly half a million pounds-worth of shares in the pubs group on Tuesday. Clevely, who co-founded Geronimo Inns, sold 62,688 shares in Young's & Co at 701.3573p a pop, earning himself a total of £439,667.
Read moreARM Holdings: Barclays Capital raises target price from 750p to 820p, overweight rating kept. Assura Group: Oriel Securities starts with an add recommendation. Espirito Santo moves target price from 37p to 37.50p, buy recommendation unchanged. Britvic: Deutsche Bank raises target price from 370p t
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