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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
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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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LONDON MARKET OPEN: Stocks Down; US Accuses China Of Reneging On Trade

Tue, 07th May 2019 08:54

LONDON (Alliance News) - Stock prices in London opened lower on Tuesday after the US-China trade war threatened to reignite over the long bank holiday weekend in the UK. Top economics advisers to US President Donald Trump accused China of going back on promises made in an attempt to resolve their trade dispute and have vowed to implement fresh tariffs, US media reported on Monday."Over the course of the last week or so, we've seen an erosion in commitments by China, I would say retreating from commitments that have already been made," the Wall Street Journal quoted US Trade Representative Robert Lighthizer as saying.Lighthizer told reporters that the US would begin implementing a rise in tariffs on USD200 billion worth of Chinese goods from 10% to 25% from Friday.His comments came after Trump made an initial threat to China on Sunday, tweeting that talks were moving "too slowly" and that the Chinese were attempting to renegotiate."For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods," Trump said in a tweet. "The 10% will go up to 25% on Friday".The FTSE 100 was down 22.23 points, or 0.3%, at 7,358.41 early Tuesday. The FTSE 250 index was down 27.12 points, or 0.1%, at 19,677.91, while the AIM All-Share was up 0.1% at 971.20.The Cboe UK 100 index was down 0.5% at 12,445.96. The Cboe UK 250 was down 0.2% at 17,641.98. The Cboe UK Small Companies was flat at 11,776.34.ThinkMarkets analyst Naeem Aslam said: "As the UK market was closed yesterday because of the bank holiday, traders will have to measure the Trump tactic very carefully. Looking at the last 24-hour market reaction, it becomes clear that traders do not really believe that Donald Trump is going to do what he said in his tweet. They believe this was nothing but just a tactic. "It has worked to an extent because the Chinese negotiators do understand the underlying risk better now. No one wants a [trade] war; it is not beneficial to the US, no matter how Trump sugarcoats this and it does not do any favours to the second biggest economy of the world." In Paris the CAC 40 was up 0.2% and the DAX 40 in Frankfurt was up 0.1%. In the FTSE 100, AstraZeneca was up 1.5% after the Anglo-Swedish drugmaker said its treatment for chronic lymphocytic leukaemia had met its primary goal of delivering an improvement in the time patients live without disease progression compared to an alternative combination treatment.Vodafone was up 1.1% after the telecommunications firm said it has signed a cable wholesale agreement with Telefonica Deutschland for Telefonica to offer broadband services via Vodafone's network in Germany. In the FTSE 250, Domino's Pizza Group was the worst performer, down 8.0% after the pizza delivery chain said it saw a robust performance in the first quarter, but international sales "remain disappointing". In the 13 weeks to March 31, group system sales rose 4.3% to GBP324.4 million from GBP311.1 million last year. In the UK and Republic of Ireland, system sales were up 4.8% at GBP299.3 million from GBP285.5 million. International system sales were down 2.0% at GBP25.1 million from GBP25.6 million in the first quarter last year. As such, the company said given persistently weak system sales in overseas markets, it no longer expects this part of the business to break-even this year.G4S was down 7.0% after the outsourcer said GardaWorld Security does not intend to make an offer for the company. G4S said it is to focus on separating its cash solutions business from the rest of the group as a means to create value for shareholders. On AIM, Purplebricks Group was down 4.5% after the online estate agent said Founder & Chief Executive Michael Bruce will step down immediately after a "disappointing" 12 months and will be replaced by Chief Operating Officer Vic Darvey.Purplebricks also said it is pulling out of Australia and placing its US business under review.In the US on Monday, Wall Street ended lower, with the Dow Jones Industrial Average down 0.3% and the S&P 500 and Nasdaq Composite down 0.5%.In China on Tuesday, the Shanghai Composite closed up 0.7%, while the Hang Seng index in Hong Kong is up 0.4%. Financial markets in Japan reopened on Tuesday after 10 days following the Golden Week holiday. The Nikkei 225 index closed down 1.5%.The pound was quoted at USD1.3124 early Tuesday, lower than USD1.3150 at the London equities close Friday.In political news, cross-party Brexit talks are set to continue this week as ministers urged Labour leader Jeremy Corbyn to do a deal with the government to break the impasse.Negotiations between Labour and the Conservatives will resume on Tuesday, with reports over the weekend suggesting UK Prime Minister Theresa May is poised to propose a temporary customs arrangement with the EU.

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Today 15:52

UK earnings, trading statements calendar - next 7 days

Wednesday 8 May 
Alliance Pharma PLCFull Year Results
boohoo group PLCFull Year Results
Brighton Pier Group PLCFull Year Results
Cornerstone FS PLCFull Year Results
HydrogenOne Capital Growth PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Light Science Technologies Holdings PLCFull Year Results
OSB Group PLCTrading Statement
Renishaw PLCTrading Statement
Thursday 9 May 
Balfour Beatty PLCTrading Statement
Derwent London PLCTrading Statement
Flutter Entertainment PLC Trading Statement
Harbour Energy PLCTrading Statement
IMI PLCTrading Statement
ITV PLCTrading Statement
John Wood Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Spire Healthcare Group PLCTrading Statement
Synthomer PLCTrading Statement
Wheaton Precious Metals CorpQ1 Results
Friday 10 May 
CRH PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Rightmove PLCTrading Statement
TBC Bank Group PLCQ1 Results
Monday 13 May 
Cerillion PLCHalf Year Results
Diploma PLCHalf Year Results
HgCapital Trust PLCQ1 Results
Huddled Group PLCFull Year Results
Team Internet Group PLCQ1 Results
Victrex PLCHalf Year Results
Tuesday 14 May 
Angling Direct PLCFull Year Results
Currys PLCTrading Statement
DCC PLCFull Year Results
Flutter Entertainment PLCQ1 Results
Greggs PLCTrading Statement
Marston's PLCHalf Year Results
On The Beach Group PLCHalf Year Results
Renew Holdings PLCHalf Year Results
Treatt PLCHalf Year Results
Virgin Money UK PLCTrading Statement
Vodafone Group PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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2 May 2024 07:03

Swisscom posts steady Q1 profit, says Vodafone Italia deal on track

May 2 (Reuters) - Telecoms group Swisscom reported a slightly lower first-quarter core profit on Thursday, but beat market expectations, as business in its core Swiss and Italian markets continued to develop positively.

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2 May 2024 06:35

Swisscom plans completion of Vodafone Italia takeover in Q1 2025

May 2 (Reuters) - Swiss telecoms group Swisscom said on Thursday its takeover of Vodafone Italia is on track and expected to be completed in the first quarter of 2025.

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16 Apr 2024 08:41

Vodafone appoints SAP's Marika Auramo as CEO of Business arm

(Alliance News) - Vodafone Group PLC on Tuesday said Marika Auramo has been appointed as chief executive of Vodafone Business.

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16 Apr 2024 07:46

Vodafone taps SAP executive to lead business division

(Sharecast News) - Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.

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4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

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4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

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4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

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4 Apr 2024 07:37

CMA to launch in-depth probe into Vodafone's merger with Three

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.

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28 Mar 2024 15:05

Directors dealings: Vodafone chairman follows in CFO's steps, buys shares

(Sharecast News) - Vodafone's chairman bought a big batch of shares in the telecommunications outfit just ahead of the Easter break.

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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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