Tue, 29th Jul 2014 08:31
** Shares in KCom Group Plc fall as much as 9 pct after the British telecoms company reports a 7 pct fall in H1 revenue. ** Shares hit 15-mth low and are one of the top losers on LSE on active early volume (82 pct of 30-day avg). ** Group revenue outlook down due to weak new orders in
Read moreFixed-line telecom stocks were the worst performers in London on Friday as broker downgrades weighed on heavyweight constituents BT Group and Talktalk. BT, by far the largest stock in the sector with a market capitalisation of nearly £31bn, was 2.4% lower at 367.6p in afternoon trade after Morgan St
Read moreCyclical sectors such as mining and oil services were bearing the brunt of the market sell-off on Friday as fears about a global economic slowdown prompted investors to scale back risk appetite. Mining heavyweights such as Antofagasta, Glencore, Fresnillo and BHP Billiton were all under pressure as
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