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Markets were slightly lower by Thursday lunchtime as it was announced that the Bank of England (BoE) had kept interest rates unchanged at its latest meeting, however investors were focusing mainly on comments from incoming Governor Mark Carney before the Treasury Select Committee. Carney and the Bo
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Feb 7 (Reuters) - Vodafone Group Plc said on Thursday it has received a transfer pricing order in India over the issue of shares by its unit Vodafone India Services Private Ltd. (VISPL). The order is linked to a transfer pricing dispute in the fiscal year ended March 2008, which Vodafone ha
Read moreVodafone's share price may have reacted well to the company's third-quarter results on Thursday, but Nomura has highlighted concerns with the company's dividend on the back of accounting changes to be implemented next year which could cut free cash flow. "Vodafone's board will reconsider uses of ca
Read moreVodafone's share price may have reacted well to the company's third-quarter results on Thursday, but Nomura has highlighted concerns with the company's dividend on the back of accounting changes to be implemented next year. The telecoms group said that it will adopt new accounting changes next year
Read moreShares in heavyweight Vodafone rise 2 percent in heavy volume and add 7 points to the FTSE 100, as analysts say they expect the firm to dodge earnings forecast cuts despite weak quarterly sales, and that the firm's Verizon Wireless stake remains an a attractive lure for yield-hungry investors.Read more
The FTSE 100 index opened slightly higher on Thursday morning, helped by some decent gains by Vodafone, TUI Travel and Compass, but trade was cautious ahead of the monthly policy meetings at the Bank of England (BoE) and European Central Bank (ECB). The BoE decision is expected at midday, with fore
Read moreCity 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
Read moreLONDON, 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
Read moreVodafone 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
Read moreBy 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.
Read moreVodafone 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
Read moreMADRID, 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
Read more* 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
Read moreInvesting 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
Read more* 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
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