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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 67.92
Bid: 68.04
Ask: 68.08
Change: -0.52 (-0.76%)
Spread: 0.04 (0.059%)
Open: 68.00
High: 68.98
Low: 67.86
Prev. Close: 68.44
VOD Live PriceLast checked at -

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Britain's FTSE flat as sterling strength outweighs M&A and strong miners

Thu, 02nd Feb 2017 10:20

(ADVISORY - Follow European and UK stock markets in real timeon the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)

* FTSE 100 down 0.1 percent

* Reckitt Benckiser takeover news buoys stock

* Aberdeen fund manager sinks on further outflows

LONDON, Feb 2 (Reuters) - Britain's blue-chip FTSE 100 index was flat on Thursday, as a strong sterling offsetgains by consumer products group Reckitt Benckiser related to a potential acquisition, as well as strong energy andmining sectors.

The index held steady as sterling reached a seven-week highafter lawmakers last night voted in favour of beginning theBrexit process. A strong sterling weighs on theindex heavy in foreign-earning companies.

Reckitt Benckiser was a top gainer after saying it was inadvanced talks to buy U.S. baby-food maker Mead Johnson. Its shares were last up 2.5 percent and werethrough their 30-day average daily volume in the first 40minutes of trade.

"Reckitt Benckiser makes it a brace of companies whose shareprices have defied traditional M&A reaction recently, rising onnews of spending big to acquire," Mike van Dulken, head ofresearch at Accendo Markets, said in a note.

Foodservice company Compass Group gained 2.6 percentafter maintaining its full-year outlook.

Miners Randgold Resources and Fresnillo also supported the index, up 1.5 to 2.1 percent respectively.

Shares in oil major Shell climbed 1.3 percentdespite profits missing expectations, as debt reduction effortsand a healthy dividend pleased investors.

"Upstream made a profit two quarters in a row, which willgive people encouragement, and cash flow was strong," added RussMould, investment director at AJ Bell.

Worldpay Group was the worst-performing blue-chipstock, down 3.8 percent after stakeholder Ship Global 2 &CYS.C.A. sold 214 million shares in the online payments company. The stock was through 10 days' worth of averagetrading volume as markets digested the sale.

Pharmaceuticals giant AstraZeneca was also a faller,down 1.5 percent after it said profit and revenue would declinethis year as cheap generic versions of its cholesterol drug hitsales.

Energy companies led the small-cap index higher,with oil exploration consultant RPS Group up 9.8 percent afterit increased its profit outlook. Its shares were headed fortheir best daily gains since Feb. 2015.

Liberum analysts cited President Trump's commitment toinfrastructure spending, and reinitiation of the Keystone XLpipeline project, as positive for RPS, on which it has a 'buy'rating.

Aberdeen Asset Management was the worst-performingstock in the mid-cap index, down 4.7 percent after itsfirst-quarter trading update showed outflows of 10.5 billionpounds, higher than expected.

This marks the 14th consecutive quarter of equity outflowsfor the firm, UBS analysts said. (Reporting by Helen Reid; Editing by Mark Potter)

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26 Mar 2024 10:42

Vodafone Germany cutting 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Germany, Dusseldorf-based subsidiary of Vodafone Group PLC announced Tuesday.

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22 Mar 2024 16:09

London close: Stocks mixed as Bailey hints at rate cuts

(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.

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22 Mar 2024 11:46

LONDON MARKET MIDDAY: FTSE 100 boosted after week of rate decisions

(Alliance News) - The FTSE 100 in London were higher at midday on Friday, as investor sentiment remained high, after there were no surprises from UK and US central banks this week.

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22 Mar 2024 09:19

TOP NEWS: UK CMA says Vodafone/Three merger raises competition worries

(Alliance News) - The UK Competition & Markets authority on Friday said a planned merger between Vodafone UK and Three UK could raise consumer prices and harm investment into UK mobile networks.

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22 Mar 2024 07:32

CMA warns Vodafone, Three deal will face full probe if solutions not given

(Sharecast News) - Vodafone and Three UK have been told to find ways to assuage Britain's competition regulator that their planned $19bn merger would not leave consumers worse off or face a full investigation.

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18 Mar 2024 16:23

Director dealings: Vodafone CFO makes share purchase

(Sharecast News) - Vodafone Group revealed on Monday that chief financial officer Luka Mucic had acquired 2.46m ordinary shares in the FTSE 100-listed telecommunications giant.

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18 Mar 2024 09:39

IN BRIEF: Vodafone CFO buys 2.5 million shares for GBP1.7 million

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Group Chief Financial Officer Luka Mucic purchased 2.5 million shares on Friday in London at 69.64 pence each for GBP1.7 million in total. Vodafone also on Friday announced the sale of its Italian business to Swisscom AG for EUR8 billion, with EUR4 billion to be returned to shareholders through a buyback. It said, however, that annual dividends from financial 2025 onwards will be rebased to 4.5 euro cents, down from 9.00 cents for financial 2024.

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15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

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15 Mar 2024 12:11

LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost

(Alliance News) - London's FTSE 100 overcame a muted morning to head into Friday afternoon on the up, though its progress was shy of the loftier gains seen by mainland European peers, as investors showed some signs of trepidation ahead of a pair of interest rate decisions next week.

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15 Mar 2024 09:25

Vodafone Germany makes surprise chief executive change

(Alliance News) - The head of telecommunications provider Vodafone Germany, Philipp Rogge, has announced plans to leave the company at the end of the month in a surprise move after less than two years at the helm.

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15 Mar 2024 08:43

LONDON MARKET OPEN: FTSE 100 treads water; buyback boosts Vodafone

(Alliance News) - Stock prices in London opened in a muted fashion on Friday, as a hotter-than-expected US producer price reading stifled risk appetite, with focus beginning to move to interest rate decisions from the Federal Reserve and Bank of England next week.

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15 Mar 2024 07:46

LONDON BRIEFING: Vodafone, Scottish Mortgage Investment plan buybacks

(Alliance News) - London's FTSE 100 is called to open fractionally lower on Friday, possibly a tepid end to a decent week, as a robust US producer price reading hurt risk appetite on both sides of the Atlantic.

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15 Mar 2024 06:58

TOP NEWS: Vodafone plans share buyback after Italy sale to Swisscom

(Alliance News) - Vodafone Group PLC on Friday said it has agreed to sell its Italian business to Swisscom AG for EUR8 billion and will return half of the proceeds to shareholders.

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15 Mar 2024 06:45

Vodafone unveils €4bn capital return after selling Italian unit

(Sharecast News) - Vodafone and Swisscom have confirmed that the Swiss telecom group will take over Vodafone Italy for €8bn, enabling the UK company to return €4bn to shareholders.

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29 Feb 2024 16:05

London close: Stocks finish positive as US inflation moderates

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

Read more

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