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0626 GMT [Dow Jones] ASIAN SUMMARY: Regional markets mostly higher; Nikkei +2.7%, Shanghai Composite +2.1%, S&P/ASX +0.7%, NZX-50 +0.5%, HSI +0.5%, STI +0.5%, Kospi +0.3%; but Sensex flat, SET flat. In FX markets, EUR/USD at 1.3021 vs 1.2997 late NY trade, EUR/JPY at 114.49 vs 114.37, USD/JPY at 87.
28 Jul 10 09:340834 GMT [Dow Jones] Evolution Securities cuts Vodafone Group (VOD.LN) to neutral from buy, but raises target to 156p from 153p. Says Vodafone's 1.1% service revenue growth in 1Q '10 was encouraging, as is the growing willingness to sell non-core assets and the probable resurrection of the Verizon
28 Jul 10 09:34Over 6% of Vodafone shareholders voted against the re-election of the phone giant's chairman at the company's annual meeting today. Around 6.5% voted against Sir John Bond, based on proxy votes, while 5.9% voted against the re-election of his deputy, John Buchanan. The protest vote was led by the
27 Jul 10 17:42LONDON (Dow Jones)--Vodafone Group Plc (VOD.LN), a mobile telecommunications company announced Tuesday that at its Annual General Meeting all 24 resolutions were approved, including resolutions 2 and 3 to re-elect John Budd and John Buchanan as Chairman and Deputy Chairman respectively. MAIN FAC
27 Jul 10 17:38MUMBAI (Dow Jones)--Vodafone Essar Ltd., the Indian unit of U.K.'s Vodafone Group PLC (VOD.LN), expects prices of third-generation mobile telephony services in the country to be high, as the industry looks to recoup the funds invested to acquire radio bandwidth and roll out operations. "The real
27 Jul 10 15:28LONDON (Dow Jones)--Vodafone Group PLC (VOD.LN) shareholders Tuesday re-elected the mobile group's non-executive chairman, John Bond, and Deputy Chairman John Buchanan at its annual meeting in London, despite opposition by an investor group. Around 93.3% and 93.9% respectively voted in favor of
27 Jul 10 13:08(Adds background, comments from analyst, company.) By Roberta B. Cowan Of DOW JONES NEWSWIRES AMSTERDAM (Dow Jones)--Royal KPN NV (KPN.AE) Tuesday reported a 26% increase in second-quarter net profit, mainly due to cost cutting, kept its full-year targets and said it expects the decline
27 Jul 10 13:011127 GMT [Dow Jones] Dolmen Securities nudges up Vodafone (VOD.LN) price target to 160p from 155p. "With the company's underlying business returning to growth following the economic downturn, Capex spend under control, data and emerging markets showing strong growth, in addition to the potential for
27 Jul 10 12:27By R. Jai Krishna Of DOW JONES NEWSWIRES NEW DELHI (Dow Jones)--Indian telecommunications companies offering services on the Global System for Mobile, or GSM, platform owed the federal government INR4.52 billion for bandwidth and license fees as at the end of the fiscal year on March 31, jun
27 Jul 10 10:12(Adds background, comments from analyst, company.) By Roberta B. Cowan Of DOW JONES NEWSWIRES AMSTERDAM (Dow Jones)--Royal KPN NV (KPN.AE) Tuesday reported a 26% increase in second-quarter net profit, mainly due to cost cutting, kept its full-year targets and said it doesn't see any furt
27 Jul 10 09:21DUESSELDORF (Dow Jones)--Royal KPN NV's (KPN.AE) German unit E-Plus increased its second-quarter mobile service revenue 2% on year due to strong demand, it said Tuesday. Mobile service revenue in the quarter ended June 30 rose to EUR772 million from EUR757 million a year earlier, E-Plus said.
27 Jul 10 08:450945 GMT [Dow Jones] Goldman Sachs raises Vodafone Group (VOD.LN) to 160p from 155p, after the company "reported slightly better than expected 1Q FY11 revenues." Goldman has a neutral rating on the stock and continues to believe that the stock's recent outperformance (driven mostly by multiple expan
26 Jul 10 10:45Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 0945 GMT [Dow Jones] Goldman Sachs raises Vodafone Group (VOD.LN) to 160p from 155p, after the company "reported slightly bet
26 Jul 10 10:450925 GMT [Dow Jones] Nomura nudges up Vodafone (VOD.LN) price target to 168p from 165p to reflect the positive CFC tax settlement. Notes the company's emerging market and US exposure have been a source of earnings upgrades rather than earnings risk this quarter, helping to offset the FX headwinds. H
26 Jul 10 10:25Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 0925 GMT [Dow Jones] Nomura nudges up Vodafone (VOD.LN) price target to 168p from 165p to reflect the positive CFC tax settle
26 Jul 10 10:25
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