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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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Share Price: 70.46
Bid: 70.63
Ask: 70.66
Change: 1.04 (1.50%)
Spread: 0.03 (0.042%)
Open: 69.96
High: 70.72
Low: 69.70
Prev. Close: 69.42
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GLOBAL MARKETS-Shares gain as Syria reassessed; dollar up on U.S. GDP

Thu, 29th Aug 2013 18:12

* Anxiety over imminent Syrian attack eases, caution rules

* Global equities up; Wall St gains, Nasdaq up 1 pct

* Dollar gains after U.S. GDP, jobless reinforce Fedtapering view

* Oil retreats from 6-month peak, gold off 3-1/2 month high

By Angela Moon

NEW YORK, Aug 29 (Reuters) - Strong growth in the U.S.economy and signs of a delay in expected Western militarystrikes on Syria lifted equities worldwide on Thursday andpushed the dollar to two-week peaks.

Brent crude oil eased off a six-month high as traders soldcontracts to book profits as fears of a U.S.-led military strikeon Syria waned and after the market had its biggest two-dayrally in more than 1-1/2 years.

Wall Street rose for a second day, boosted by telecom stocksafter a possible large deal between Vodafone and Verizon.

Data showed the American economy grew more quickly thanexpected in the second quarter, and weekly claims forunemployment benefits fell, bolstering the case for the FederalReserve to begin winding down its massive economic stimulusprogram.

In the currency market, the dollar hit a two-week peak, andwas on track for its largest daily gain against the euro in morethan four months.

The dollar was last 0.7 percent higher against a basket ofcurrencies at 82.018, after earlier hitting 82.067, itshighest since Aug. 5. Against the safe-haven Japanese yen, thegreenback traded up 0.7 percent at 98.34 <JPY= yen>.

Most major risk asset markets had already been recoveringahead of the U.S economic data on signs that divisions amonglawmakers in Britain and the United States would delay anyimminent action on Syria in retaliation for alleged gas attackslast week.

The market got "a little out over its skis and thepoliticians did as well," said Addison Armstrong, director ofmarket research at Tradition Energy in Stamford, Connecticut."Traders are taking some risk off the table and taking a waitand see approach."

President Barack Obama has told Americans a military strikeagainst Syria is in their interests, and administrationofficials are expected to brief congressional leaders onThursday about plans to respond.

Brent for October delivery hit a low of $114.94 abarrel, down $1.67, before recovering to trade around $116.00.It jumped over 5 percent in the previous two sessions, postingits strongest two-day gain since January 2012.

October U.S. crude fell $1.50 to a low of $108.60 abarrel before rallying to around $109.30, following a near 4percent gain over the past two days.

Traditional safe-haven gold eased 0.5 percent toaround $1,413 an ounce after reaching a 3-1/2 month high inWednesday's flight to safety.

In emerging markets, Brazil's decision to raise itsbenchmark interest rate to a 16-month high of 9percent on Wednesday helped stabilize the real, while inIndonesia the rupiah strengthened slightly after its centralbank hiked its key lending rates.

The Indian rupee rose as high as 66.85 per dollar, upsharply from a record low of 68.85 per dollar hit on Wednesdaywhen its central bank moved to provide dollars directly to oilcompanies to give the currency some relief.

Emerging market currencies in countries with high currentaccount deficits such as India, Turkey and Brazil have plungedbetween 12 and 18 percent against the dollar this year onexpectations of a withdrawal of the U.S. monetary stimulus thathas boosted riskier assets.

Prices for U.S. 10-year Treasuries pared losses to tradeflat on Thursday after an auction of seven-year debt. Thebenchmark 10-year note rose 1/32 in price to yield2.764 percent.

CALM RETURNS

The better tone in world equity markets emerged after energyshares on Wall Street gained on the rise in oil prices, and thisspread to Asia, where MSCI's Asia-Pacific index, excluding Japan, rose 1.2 percent.

On Wall Street, the Dow Jones industrial average wasup 44.35 points, or 0.30 percent, at 14,868.86. The Standard &Poor's 500 Index was up 7.06 points, or 0.43 percent, at1,642.02. The Nasdaq Composite Index was up 32.96points, or 0.92 percent, at 3,626.31.

In Europe, bumper gains among telecom stocks powered arebound in equities after Vodafone confirmed it was intalks with Verizon to sell out of its U.S. joint venture.

The FTSEurofirst 300 closed up 0.7 percent at1,207.05 points, bouncing back after falls of some 2 percentover the last two days.

However, an auction of new Italian debt showed investorsremained concerned about the shaky coalition, with governmentborrowing costs over five years rising.

The MSCI world equity index, which tracksshares in 45 countries, was up 0.4 percent.

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28 Mar 2024 13:54

IN BRIEF: Vodafone Chair Boxmeer buys GBP570,000 in shares

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Chair Jean-Francois van Boxmeer buys 823,500 shares at GBP0.69 each, worth GBP568,215, in London on Wednesday.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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26 Mar 2024 11:21

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT, March 26 (Reuters) - Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.

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26 Mar 2024 11:15

UPDATE: Vodafone Germany cuts 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 Dusseldorf, Germany-based subsidiary of Vodafone Group PLC announced on Tuesday.

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26 Mar 2024 10:43

Vodafone Germany: 400-mln-eur restructuring to affect 2,000 jobs

BERLIN, March 26 (Reuters) - Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

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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 16:55

LONDON MARKET CLOSE: FTSE closes in red; Reckitt plunges on lawsuit

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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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