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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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Share Price: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.00 (0.00%)
Spread: 0.04 (0.058%)
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Prev. Close: 68.44
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London midday: China worries weigh

Mon, 17th Sep 2012 11:47

China is weighing on UK investors' minds as speculation mounts that the Chinese authorities might not spring into action to juice up the world's second largest economy as quickly as previously thought. Adding weight to that view is the decision by economists at Citigroup to cut their forecast for Chinese gross domestic product growth this year to 7.6% from 8% before. Meanwhile, according to figures from the London Metal Exchange (LME), copper inventories with the LME in Asia rose last week for the first time in five, by 3.9% to 93,050 tons, suggesting a slow-down in activity in the region. Back in Britain, house prices - seen as a major element of consumer confidence - remain subdued, according to data from property web site Rightmove. The average price of a home coming to market this September in the UK is £234,858, a mere 0.7% higher than a year earlier and 0.1% lower than in September 2007, according to Rightmove. Still tense in Rustenburg after week-end crackdownMining operations have resumed at Aquarius Platinum's Kroondal platinum mine and at Xstrata's chrome mine near the city of Rustenburg in South Africa. American Platinum (Amplats) said work would resume at its strike-hit Rustenburg mines on Tuesday, although defiant striking workers cast doubt on Amplats's management's confident assertion.South African police launched an offensive to disarm miners and bring to an end five weeks of often violent protests which have interrupted mining in the area.Global platinum powerhouse Lonmin says strikes at its mines in South Africa have reduced full year production expectations and increased unit costs, as violence continues. The net result of the industrial action is that sales will come in at between 685,000 and 700,000 ounces of platinum by the year's end in September. Unit costs will rise 8.5%.In a statement released on Monday morning the company says the number of people who have died in clashes since the strikes began at its Marikana facility on August 10th has risen to 45, with the discovery of the body of a 51-year -old worker last week.Elsewhere in the resource sector, FTSE-250 oil and gas company Ophir Energy has disappointed the market with an update on its drilling programme in block R, Equatorial Guinea. These were better than expected, but share price reaction suggests investors beg to differ. Royal Dutch Shell has suffered a setback on its Alaska drilling programme, with the containment dome aboard the Arctic Challenger barge sustaining damage during a final test of the containment system. The time required to repair the dome, along with steps taken to protect local whaling operations and to ensure the safety of operations from ice flow movement, have led the oil giant to revise its plans for the 2012-2013 exploration programme.Reckitt poaches CFO from Smith & NephewReckitt Benckiser, the Anglo-Dutch household goods firm behind the Cillit Bang brand, has nabbed Adrian Hennah from medical technology business Smith & Nephew to be its new Chief Financial Officer. Hennah will get his feet under his new desk in 2013. Reckitt's Anglo-Dutch rival Unilever is wanted after UBS issued a "buy" note on the stock. The same broker has turned bearish on chip-designer Imagination Technologies, downgrading it to "sell" from "neutral".Elsewhere in the mobile devices space, phone network titan Vodafone is lower after Chief Financial Officer Andy Halford told the Bloomberg news agency that the company may make a provision to cover legal risks associated with its fight to avoid a $2.2bn tax bill in India.FTSE 100 - RisersAshmore Group (ASHM) 337.10p +2.84%Capita (CPI) 748.50p +1.63%ICAP (IAP) 355.40p +1.31%Resolution Ltd. (RSL) 226.60p +1.25%G4S (GFS) 263.80p +1.07%Unilever (ULVR) 2,269.00p +1.07%Aggreko (AGK) 2,408.00p +1.05%British Sky Broadcasting Group (BSY) 727.50p +1.04%ARM Holdings (ARM) 588.00p +1.03%Vedanta Resources (VED) 1,100.00p +0.92%FTSE 100 - FallersBunzl (BNZL) 1,082.00p -2.08%Evraz (EVR) 287.70p -2.04%International Consolidated Airlines Group SA (CDI) (IAG) 157.10p -1.87%Rolls-Royce Holdings (RR.) 868.00p -1.87%BT Group (BT.A) 229.10p -1.67%Burberry Group (BRBY) 1,077.00p -1.55%Royal Bank of Scotland Group (RBS) 274.70p -1.54%Prudential (PRU) 843.50p -1.23%Anglo American (AAL) 2,059.00p -1.20%Aviva (AV.) 358.80p -1.18%FTSE 250 - RisersAquarius Platinum Ltd. (AQP) 53.55p +9.73%Bwin.party Digital Entertainment (BPTY) 110.20p +3.47%Petropavlovsk (POG) 448.20p +3.30%Ladbrokes (LAD) 184.20p +3.19%Cape (CIU) 256.60p +2.76%Centamin (DI) (CEY) 91.80p +2.34%Kenmare Resources (KMR) 43.84p +2.31%Chemring Group (CHG) 353.70p +2.23%Man Group (EMG) 90.45p +2.20%Intermediate Capital Group (ICP) 324.50p +1.88%FTSE 250 - FallersOphir Energy (OPHR) 609.00p -4.99%Imagination Technologies Group (IMG) 568.00p -3.73%Fenner (FENR) 404.70p -3.44%Beazley (BEZ) 164.00p -3.24%JPMorgan Asian Inv Trust (JAI) 178.70p -2.88%Dechra Pharmaceuticals (DPH) 584.50p -2.83%Petra Diamonds Ltd.(DI) (PDL) 100.90p -2.32%ITE Group (ITE) 212.90p -2.20%UBM (UBM) 696.00p -2.04%FirstGroup (FGP) 255.60p -1.88%JH
More News
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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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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