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Vodafone led telecom stocks higher on Monday as the operator achieved a 500,000 customer milestone following the launch of 4G six months ago. Sector peer Telecom Plus gained after saying it will increase its annual dividend by 13% to 35p as the utility services provider is confident of achieving pr
Read moreAberdeen Asset Management: Goldman Sachs lowers target price from 600p to 540p, while its buy recommendation is kept. Anglo American: Deutsche Bank cuts target price from 1500p to 1460p, while leaving its hold recommendation unchanged. Credit Suisse raises target price from 1650p to 1900p upgrading
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LONDON (Alliance News) - UK stock indices have struggled to get off the ground Friday, while major European markets have performed better after surprisingly strong Eurozone GDP data. Meanwhile US macro data has disappointed, adding to dollar weakness and allowing the pound to rally to a multi-yea
Read more- Eurozone GDP beats expectations - Fresnillo in top spot - UK construction output rises 0.2 per cent in Q4 techMARK 2,831.77 +0.28% FTSE 100 6,663.62 +0.06% FTSE 250 16,110.62 +0.51% The FTSE closed marginally higher today, lifted by figures which revealed better-than-expected growth across the E
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* Europe enjoys best earnings season vs analyst forecasts since Q3 2012 * Profits still falling, but revenues picking up * Data shows better-than-expected GDP growth in euro zone * Emerging market turmoil to weigh on some companies By Maria Sheahan and Blaise Robinson <
Read moreLONDON (Alliance News) - Vodafone Group PLC Friday said it had acquired mobile spectrum licenses in India for GBP1.9 billion, enabling it to roll out 4G services and bolster its 3G services in key cities like Mumbai and Delhi. The company said its Indian unit was awarded spectrum licences i
Read morePrecious metals producer Fresnillo rose strongly today, lifted by a prediction from Capital Economics, which said it believes that despite the gold price rising almost 10 per cent since the start of 2014, bullion will see more gains over the course of the year. The research firm said that while th
Read moreLONDON (Alliance News) - Lloyds Banking Group has appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services regulators, as Chairman of TSB Bank, the bank it split out as a separate entity last year and is expected to list this year.
Read moreLONDON (Alliance News) - The following is a summary of top news stories Friday.
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COMPANIES
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Lloyds Banking Group PLC appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
Petrofac, up 2.7%. Petrofac shares have been on a downward trend over the
LONDON (Alliance News) - Shares have opened mixed in London Friday, with blue-chips lagging mid- and small-caps despite Anglo American and Coca Cola HBC both reporting swings to profit in 2013. Anglo American is up 1.7% at the open, while Coca Cola HBC is down
Read moreLONDON (Alliance News) - Vodafone Group PLC Friday said it had acquired mobile spectrum licenses in India for GBP1.9 billion, enabling it to roll out 4G services and bolster its 3G services in key cities like Mumbai and Delhi. The company said its Indian unit was awarded spectrum licences i
Read moreVodafone's Indian arm has acquired spectrum licences in 11 telecom circles in the government's 900 megahertz (MHz) and 1800 MHz spectrum auctions. Vodafone acquired a total of 72 MHz for £1.9bn, of which £0.54m will be paid in the 2014 financial year and the remainder from 2017 onwards. Vodafo
Read moreBritain's biggest telecoms company is to have a new auditor for the first time since floating on the stock market in 1988. Vodafone will end its 26-year relationship with Deloitte, handing its audit mandate to PwC, one of the firm's "Big Four" rivals and the auditor of more FTSE 100 companies than a
Read more- US data comes in below expectations - All eyes on Eurzone Q4 GDP figures - Flat state expected on FTSE A flat start is expected on today's FTSE as investors weigh up poor data from the US with expectations for today's Eurozone gross domestic product (GDP). Data out yesterday showed that US reta
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