Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 67.82
Bid: 67.94
Ask: 67.98
Change: 0.34 (0.50%)
Spread: 0.04 (0.059%)
Open: 67.48
High: 68.52
Low: 67.22
Prev. Close: 67.48
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Airlines and engineers weigh on FTSE 100

Wed, 11th Jun 2014 11:26

- Lufthansa profit warning hits airline stocks- Rolls-Royce falls as Emirates cancels order- UK unemployment falls, wage growth slows- World Bank cuts growth forecaststechMARK 2,839.77 -0.68%FTSE 100 6,838.15 -0.52%FTSE 250 16,031.19 -1.11%Mixed labour-market data, a growth downgrade from the World Bank and ex-dividend stocks were weighing on London's FTSE 100 on Wednesday.Meanwhile, sentiment among airlines and engineers was dampened by a profit warning from Deutsche Lufthansa and a cancelled aeroplane order at Emirates Airlines.The FTSE 100 was trading 0.5% lower at 6,838 around midday.A bigger-than-expected drop in the UK unemployment rate to a five-year low of 6.6% failed to have a positive effect on the market this morning as it came alongside figures that showed that wages were rising at a rate well below inflation. The annual growth in average weekly earnings slowed to just 0.7% in the three months to April, compared with the current consumer price inflation rate at 1.8%."Weak pay growth and the 'cost of living crisis' remains the Achilles Heel of the economic recovery," said Chris Williamson, Chief Economist at Markit. However, he did say that he expects earnings growth to "pick up in the coming months, perhaps significantly".In other news, the World Bank has downgraded its 2014 growth forecast for the global economy from 3.2% to 2.8%, saying that developing nations are headed for a year of "disappointing growth". Weakness in the first quarter across the developing world has delayed an expected pickup in economic activity, according to the World Bank's Global Economic Prospects (GEP) report, published twice every year.US stock futures were pointing to a weak start on Wall Street later on with the Dow Jones Industrial Average set to retreat from its recent all-time highs.Brenda Kelly, Chief Market Strategist at IG, said: "There still aren't many reasons to actually buy into the market, with the lack of economic news being an obvious culprit. As a result, it seems the existing holding pattern is likely to be repeated this afternoon." Ex-div stocks, airlines, engineersA number of stocks were trading lower this morning after going ex-dividend, including heavyweights Vodafone and Johnson Matthey. Booker, Intermediate Capital and LondonMetric Property also went ex-dividend today.Airline groups IAG and easyJet were falling sharply after German peer Lufthansa plummeted in Frankfurt following the news that it would not hit profit guidance for the next two years.The cancellation of Emirates Airlines' major order for 70 new Airbus also dampened sentiment in the aviation industry, sparking "concerns about the health of traditionally strong traffic volumes from the Middle East", according to Mike van Dulken, Head of Research at Accendo Markets.The news also hit shares of engineer Rolls-Royce, whose order book is to reduce by 3.5% or £2.6bn because of the cancellation.J Sainsbury was on shopping lists after a less-than-estimated 1.1% fall in like-for-like (LFL)retail sales excluding fuel in its first quarter, showing that the company has been more resilient than its rivals Tesco and Wm Morrison, who both recently reported a steeper slump in LFL sales.Brewer SABMiller was lower as the stock pulled back after an M&A-inspired boost on Tuesday when it was reported that a merger with European peer Anheuser-Busch InBev could be on the cards.FTSE 100 - RisersSainsbury (J) (SBRY) 336.80p +2.12%Glencore (GLEN) 325.00p +0.56%Anglo American (AAL) 1,460.00p +0.55%Morrison (Wm) Supermarkets (MRW) 195.50p +0.51%Tesco (TSCO) 296.90p +0.51%AstraZeneca (AZN) 4,367.00p +0.44%National Grid (NG.) 834.50p +0.42%Antofagasta (ANTO) 776.00p +0.39%G4S (GFS) 251.80p +0.32%Marks & Spencer Group (MKS) 457.00p +0.29%FTSE 100 - FallersInternational Consolidated Airlines Group SA (CDI) (IAG) 394.80p -4.31%easyJet (EZJ) 1,539.00p -3.39%Vodafone Group (VOD) 202.05p -3.26%Rolls-Royce Holdings (RR.) 1,048.00p -2.60%Smiths Group (SMIN) 1,314.00p -2.45%Mondi (MNDI) 1,071.00p -2.37%Ashtead Group (AHT) 901.00p -2.28%SABMiller (SAB) 3,382.00p -2.25%Petrofac Ltd. (PFC) 1,220.00p -2.09%Travis Perkins (TPK) 1,681.00p -1.98%FTSE 250 - Risersesure Group (ESUR) 269.30p +2.67%African Barrick Gold (ABG) 221.20p +1.94%Perform Group (PER) 266.70p +1.41%Kazakhmys (KAZ) 279.60p +1.30%AL Noor Hospitals Group (ANH) 1,041.00p +1.17%IP Group (IPO) 182.60p +0.94%Imagination Technologies Group (IMG) 252.60p +0.84%Hiscox Ltd (CDI) (HSX) 690.50p +0.80%Betfair Group (BET) 1,030.00p +0.78%Barr (A.G.) (BAG) 632.50p +0.72%FTSE 250 - FallersSupergroup (SGP) 1,079.00p -6.17%Halfords Group (HFD) 487.90p -4.61%LondonMetric Property (LMP) 138.20p -4.03%Intermediate Capital Group (ICP) 403.00p -3.93%Ferrexpo (FXPO) 132.30p -3.71%Greencore Group (GNC) 272.10p -3.68%Fidessa Group (FDSA) 2,313.00p -3.54%Unite Group (UTG) 417.50p -3.31%Afren (AFR) 146.30p -3.11%Kentz Corporation Ltd. (KENZ) 725.00p -3.07%BC
More News
Today 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.

Read more
Today 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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.