Tue, 15th Sep 2009 13:52
Renewed hopes of a potential bid by AT&T for Vodafone were giving the mobile telecoms sector a boost on Friday. Vodafone shares were up 1.4% at 205.35p in afternoon trade on the back of hopes that AT&T, which was rumoured to be considering an offer earlier in the year for the mobile phone group, wi
Read moreLONDON (Alliance News) - Mobile Streams PLC said Monday it has appointed Enrique Benasso as chief financial officer with immediate effect. Benasso has previously held positions at Visteon Corp, Eagle Ottawa Uk Ltd, and The Coca Cola Co. Former Chief Executive Gaston Cerf resigned in Februar
Read moreLONDON (Alliance News) - Lloyds Banking Group kicked off the first-quarter bank earnings season Thursday, reporting that its pretax profit dropped by a third to GBP1.37 billion after last year was buoyed by gains on the sale of government securities.
However, its un
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
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Lloyds Banking Group, up 4.8%. The banking group is the biggest riser in the
LONDON (Alliance News) - Mobile Streams PLC said Thursday that it had returned to profitability in February and March on an earnings before interest, tax, depreciation and amortisation basis after a loss in January, although it made a loss in its third quarter to end-March overall. The comp
Read moreEarnings deteriorated at Latin America-focused mobile apps store Mobile Streams in the six months to end-December due to weakness in the Argentine peso, despite growth in both revenues and cash reserves. The active subscriber base swelled by around 50% to more than 4m, which helped sales increase 1
Read moreLONDON (Alliance News) - Mobile Streams PLC Thursday warned that its full-year earnings before interest, tax, depreciation and amortisation will be materially lower than the previous year, as the depreciating value of the Argentine peso hit pretax profit in the half year ended December 31, 2013.<
Read moreA negative reaction to results from ARM Holdings dragged the technology sector lower on Tuesday as weak royalty revenue growth once again disappointed investors. The chip designer beat headline forecasts with fourth-quarter revenue rising 15.3% year-on-year to $302.9m, compared with the consensus e
Read moreLONDON (Alliance News) - Oil majors BP and BG Group both reported a deterioration in the fourth quarter Thursday, with BG swinging to a loss, but their shares headed in different directions after BG previously flagged the downturn while the extent of its rival's profit decline was more unexpected
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
BG Group, up 1.1%. After initially seeing its share price fall, BG is no
The Chief Financial Officer (CFO) of Mobile Streams, a telecommunications group, has resigned less than a week after the company issued a profit warning. Gaston Cerf resigned with immediate effect and the search for his replacement has begun, the company said. On January 29th the group issued a
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