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City sources predict the FTSE 100 will open down two points from yesterday's close of 6,295, with investors lacking in direction following a mixed finish to Wednesday's session in the US. US markets were largely unchanged by the close, although there had been signs of profit taking earlier in the
7 Feb 13 07:24LONDON, Feb 7 (Reuters) - Trading at Vodafone worsened in the third quarter as falls in customer usage in Europe pushed organic service revenue at the world's second largest mobile operator down a worse than expected 2.6 percent. The plunge in group organic service revenue for the three mo
7 Feb 13 07:10Vodafone on Thursday posted a worse than expected drop in group revenue for the last three months of 2012, blaming difficult market conditions in Europe. Analysts, however, seem to have expected worse. As well, the company reiterated its forecasts for operating profits. The FTSE 100 telecoms compa
7 Feb 13 07:02By Clare Kane MADRID, Feb 6 (Reuters) - A Spanish mobile application that pays users up to 25 euros ($34) a month to send messages to friends if they accept advertising may erode telephone operators' revenue as customers switch to free messaging services.
6 Feb 13 15:28Vodafone Group is expected to post 'growth deterioration' in its financial results Thursday. Last month Deutsche bank lowered its recommendation from 'buy' to 'hold' citing concerns about the telecom company's worsening cash returns. "We forecast growth deterioration through calendar 2013 with t
6 Feb 13 15:19MADRID, Feb 6 (Reuters) - Spain's Telefonica and insurer Generali have launched a car-tracking device designed to reduce the cost of insurance by monitoring driving habits. The product, called Pay As You Drive, is part of Telefonica's efforts to expand into alternative technologies, particu
6 Feb 13 14:16* Q3 group revenue 18.3 bln rand * Boosts active users to 51 mln JOHANNESBURG, Feb 6 (Reuters) - South Africa's dominant mobile operator, Vodacom Group Ltd, reported a 1.7 percent increase in third-quarter revenue on Wednesday as it boosted the number of active customers. The So
6 Feb 13 05:39Investing in Vodafone should be a relatively sedate business. The company has an assured cash-flow, a generous way with dividends and has bounced back from last year´s losses, a note yesterday from Citi saying that its shares have gone far enough notwithstanding. This is because fears that its divid
5 Feb 13 06:44* Deal allows Oracle to compete better against Cisco * Price represents a 22 pct premium to Acme's Friday close * Acme Packet shares up 22 pct on Monday afternoon * Oracle shares down 3 pct (Adds analyst comments, financial details, updates stock price) By Jim Finkle and
4 Feb 13 20:06Feb 4 (Reuters) - Some U.S. stocks on the move on Monday: WALL ST RETREATS FROM 5-YEAR HIGH Stocks fell after a disappointing report on factory orders, retreating from gains in the prior session that left the S&P 500 at a five-year high and the Dow above 14,000. The Dow Jones industri
4 Feb 13 18:33Feb 4 (Reuters) - Some U.S. stocks on the move on Monday: NASDAQ SLIDES 1 PCT; DOW, S&P 500 FALL FURTHER Stocks added to losses, with the Nasdaq falling more than 1 percent, as the market retreated from recent gains and as data on factory orders fell short of expectations. The Dow Jon
4 Feb 13 16:51Increased political risk in the Eurozone presented a good opportunity for traders to take profits on Monday, as investors made the most of the recent surge on stock markets worldwide. The FTSE 100 dropped 100 points today, a fall of around 1.6%. This follows the impressive 6.4% gain seen last month
4 Feb 13 16:32Feb 4 (Reuters) - Some U.S. stocks on the move on Monday: WALL ST OPENS LOWER AFTER RECENT GAINS Stocks opened lower, dipping after a recent rally that took the S&P 500 to a five-year high and the Dow to 14,000 for the first time since October 2007. The Dow Jones industrial average w
4 Feb 13 14:45Telecoms stocks were out of favour on Monday, with the sector being dragged lower by mobile phone giant Vodafone after the stock was hit by a downgrade from Citigroup. Shares in Vodafone rose 11.4% in January alone on rumours that the company could dispose of its stake in its Verizon joint venture
4 Feb 13 14:24Feb 4 (Reuters) - Some U.S. stocks to watch on Monday: FUTURES DIP AFTER 5-YEARR HIGHS WITH DATA, EARNINGS DUE Index futures slipped after the S&P 500 hit a five-year high and the Dow rose above 14,000 for the first time since October 2007 ahead of factory orders data and another roun
4 Feb 13 14:17
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