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Read moreLONDON, June 9 (Reuters) - Britain's competition watchdog said on Tuesday it had referred broadband BT's planned 12.5 billion-pound ($19 billion) takeover of mobile network operator EE for a full investigation after finding that the deal could lead to a substantial lessening of competition.
RBC Capital Markets downgraded Hargreaves Lansdown to 'underperform' from 'sector perform' but raised the target price to 1,100p from 1,050p. It said that while Hargreaves remains a high-quality, well-managed company with an impressive ability to attract net inflows, the stock is now expensive histo
Read more* Airdata challenges merger in EU General Court * Telefonica Deutschland sees no immediate impact * Shares in Telefonica Deutschland down 0.5 percent (Adds European Commission comment, updates shares) By Harro Ten Wolde and Georgina Prodhan FRANKFURT, June 8 (Reuters) -
Read moreUK stocks were trading slightly higher on Monday, led by strength in the telecommunications, construction and transport sectors. As of 15:15 BST, the FTSE 100 was trading 0.17% higher at 8,816. Diageo led the risers following media reports of bid interest over the weekend. 3G Capital, which is owne
Read moreBank of America Merrill Lynch (BoA) upgraded Vodafone to 'neutral' from 'underperform' and raised the price target to 252p from 223p, saying the stock's valuation, which is in line with peers, supports a more neutral stance. BoA said downside risks include a slower than expected recovery following d
Read moreShire: Deutsche Bank reiterates buy recommendation and 6,000p target. Bellway: Deutsche Bank stays at hold with a 2,326p target price, Citi reiterates buy. Halfords: Deustche Bank remains at hold and ups target to 480p from 460p. Churchill Mining: Northland initiates coverage at 'speculative buy'.
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