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March 13 (Reuters) - (The following statement was released by the rating agency) High stock market valuations and an increasing corporate focus on strategic acquisitions are enabling financial sponsors to exit longstanding investments from the 2006 and 2007 boom years, while creating a barr
Read moreBy Yasmine Saleh and Michael Georgy CAIRO, March 12 (Reuters) - Egypt's landline monopoly Telecom Egypt expects a newly-formed government to grant it a licence to provide mobile services this month or next, the state-controlled company's chief executive said on Wednesday. Telecom Egyp
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Rolls Royce was in the top spot today after a host of analysts lifted their target prices following the engine group's move last week to buy-out Daimler in their 50-50 joint venture, Rolls-Royce Power Systems (RRPS). After the close of trade on Friday, Rolls-Royce said that it is to buy the remain
Read more- Mining stocks pare losses after Asian data - China registers surprise trade deficit - Japan GDP revised lower - Vodafone raising offer for Ono, reports say techMARK 2,863.88 +0.14% FTSE 100 6,724.00 +0.17% FTSE 250 16,590.48 +0.19% UK markets edged higher on Monday as bargain hunters stepped in
Read moreVodafone has reportedly reached a deal that could result in a higher purchase price than initially offered for Spanish broadband operator Ono. That follows the refusal of the Spanish telecom to entertain an initial offer of €6.9bn, having judged that the price was inadequate and stating that it wou
Read more- FTSE closes down 76 points - Ukraine continues to dent confidence - Copper prices hit by China worries techMARK 2,859.92 -0.95% FTSE 100 6,712.67 -1.12% FTSE 250 16,559.45 -0.67% UK stocks ended the week on a sour note, dragged lower by concerns surrounding Ukraine and Russia, together with fall
Read more* EU antitrust chief to decide on 2 telecoms merger deals in May * Telecoms sector wants antitrust rules to evolve with market By Foo Yun Chee AMSTERDAM, March 7 (Reuters) - Europe's antitrust chief Joaquin Almunia, whose approval is required for Telefonica's two merger deals i
Read more- Markets await non-farm payrolls - 150k gain expected by analysts, jobless rate to hold steady - Broker comments move stocks amid lack of earnings - Heavyweight miners fall techMARK 2,880.97 -0.22% FTSE 100 6,780.62 -0.12% FTSE 250 16,648.67 -0.14% UK markets had trimmed earlier losses by Friday
Read more- Markets await non-farm payrolls - 150k gain expected by analysts, jobless rate to hold steady - Lack of corporate earnings - HSBC, Vodafone fall on broker comments techMARK 2,873.63 -0.48% FTSE 100 6,766.04 -0.33% FTSE 250 16,620.60 -0.31% UK markets opened slightly lower on Friday morning ahead
Read moreBy Danielle Robinson NEW YORK, March 5 (IFR) - Any concerns about AT&T's desire to expand abroad didn't stop the telecom giant from attracting about US$6bn of demand on Wednesday morning for its first bond deal so far this year. Bookrunners Bank of America Merrill Lynch, Goldman Sachs
Read moreAMSTERDAM, March 5 (Reuters) - Hutchison Whampoa has offered concessions to counter European Union regulatory concerns about its proposed $1 billion bid for Telefonica's 02 Ireland unit, the European Commission said on Wednesday. Hong Kong-based conglomerate Hutchison, controlled by Asia'
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LONDON (Alliance News) - Vodafone PLC Wednesday said Company Secretary Rosemary Martin acquired an interest in 4,240 shares at the price of 248.2736 pence each. Following this transaction, Martin now has an interest in 459,928 shares. Shares in the mobile phone company were down 0.7%
Read moreMarch 4 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has affirmed Kabel Deutschland Vertrieb and Service GmbH's (KDG) Long-term Issuer Default Rating (IDR) at 'BBB+' and removed it from Rating Watch Negative (RWN). The Outlook is Negative, in line wi
Read moreMarch 4 (Reuters) - Speciality chemical maker Alent Plc reported a marginal fall in full-year profit due to weak demand from PC and flat-screen television makers. The company, whose copper damascene product is used in semiconductors, said adjusted pretax profit fell to 88 million pounds ($
Read moreMarch 4 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has affirmed Vodafone's Long-term Issuer Default Rating (IDR) at 'A-' and removed it from Rating Watch Negative (RWN). The Outlook is Negative. A full list of rating actions is below. The rat
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