ROME, June 24 (Reuters) - Italian regulator AGCOM has proposed a new to wholesale telecom fees, an official said on Tuesday, a move that may erode earnings at Telecom Italia which owns the bulk of Italy's phone network. The plan is to cut monthly prices Telecom Italia charges its rivals to
Read more- Slight rise in the FTSE 100 - Shire jumps after rejecting £27bn AbbVie proposal - TSB rises strongly after IPO - Iran still in the spotlight as Obama sends advisers techMARK 2,860.98 +1.67% FTSE 100 6,825.20 +0.25% FTSE 250 15,791.42 +0.69% UK stocks ended the day slightly higher as investors
Read moreShares in Shire surged after the pharmaceutical group rejected a £27bn takeover approach by AbbVie, saying it "fundamentally undervalued" the company and its prospects. Panmure Gordon hiked its target price for the stock on Friday, saying that the AbbVie's proposal was "barely adequate". The broke
Read more- FTSE closes up 29.55 points at 6,808.11 - Fed in focus - Shire, housing stocks lead techMARK 2,814.08 +0.33% FTSE 100 6,808.11 +0.44% FTSE 250 15,683.88 +0.38% Despite a drop in the final minutes of trade, the top tier index ended today's session above the 6,800 level, having been fairly steady
Read moreTelecoms giant Vodafone shares dropped on Thursday afternoon following reports its Australian network had suffered country-wide problems affecting calls, SMS and data services. Problems were also experienced by several other networks in the country. Vodafone is believed to have offered its custom
Read moreJet engine maker Rolls-Royce took off after pledging to buy back £1bn of shares if it succeeds in selling its energy gas turbine and compressor business to Germany's Siemens. The company also outlined plans to reduce capital spending in the next five years. Housing stocks were also rebounding after
Read moreLONDON (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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Rolls-Royce Holdings, up 5.6%. The maker of aircraft and marine engines has
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:
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FTSE 100
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TRADERS: MERRILL LYNCH CUTS VODAFONE TO 'NEUTRAL' ('BUY')
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TRADERS: BARCLAYS RAISES WEIR GROUP PRICE TARG
LONDON (Alliance News) - UK shares have opened strongly higher Thursday, and the pound has broken above USD1.70, following a well-received US Federal Reserve meeting.
Rolls-Royce Holdings leads FTSE 100 gains after saying it will return cash to shareholders through
LONDON (Alliance News) - Vodafone Group PLC Wednesday said Non-Executive Director Luc Vandevelde bought 5,000 shares at a price of GBP1.983 per share and now holds 70,100 shares. Shares closed up 1.5% at 198.16 pence Wednesday. By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @Arvin
Read more* Plans investment of $11.7 bln in telecoms business * Raises three-year investment target to 1.8 trillion rupees * Ambani says market-based prices key to develop energy resources (Adds Reliance forecast for retail business, new board member) By Aman Shah MUMBAI, June 18
Read moreBT and Virgin Media owner Liberty Global offer investors the best way to cash in on fixed-line telecom companies' assault on the mobile market, according to broker Goldman Sachs. Goldman said fixed-line players such as BT, which plans to launch business and household mobile products later this year
Read more(Corrects investment target in second bullet to 1.8 trillion rupees from 180 billion) * Plans investment of $11.7 bln in telecoms business * Raises three-year investment target to 1.8 trillion rupees * Ambani says market-based prices key to develop energy resources By Aman
Read more- Supermarkets, telecoms lift markets higher - Fed in focus ahead of policy decision - BoE minutes closely watch amid rate-hike speculation techMARK 2,801.10 +0.23% FTSE 100 6,787.81 +0.31% FTSE 250 15,598.89 +0.09% UK stocks markets were putting a decent performance on Wednesday, helped by gains
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