Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. 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: 69.34
Bid: 69.12
Ask: 69.16
Change: -0.28 (-0.40%)
Spread: 0.04 (0.058%)
Open: 69.68
High: 70.06
Low: 68.68
Prev. Close: 69.62
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: Markets lower as BoE holds rates

Thu, 07th Feb 2013 11:46

Markets were slightly lower by Thursday lunchtime as it was announced that the Bank of England (BoE) had kept interest rates unchanged at its latest meeting, however investors were focusing mainly on comments from incoming Governor Mark Carney before the Treasury Select Committee.Carney and the BoECarney, who is due to replace current BoE Governor Sir Mervyn King later this year, faced his first grilling by MPs today over certain issues, including his pay package, his policies and nominal GDP targeting."Carney played down speculation he will make drastic changes to UK monetary policy when he starts his job this summer," explained market strategist Ishaq Siddiqi. "Importantly, Carney said the BoE will need to design a method to exit QE[quantitative easing] and other forms of non-standard policy measures without undermining the BoE's reputation and public confidence in the central bank."At noon, the BoE maintained the Bank Rate at the record-low level of 0.5% and kept the asset purchase programme unchanged at £375bn, as expected.In a statement, the central bank said: "The Monetary Policy Committee continues to judge that the UK economy is set for a slow but sustained recovery in both demand and effective supply, aided by a further easing in credit conditions - supported by the Bank's programme of asset purchases and the Funding for Lending Scheme - and some improvement in the global environment.  But the risks are weighted to the downside, not least because of the challenges facing the euro area."In other domestic news, UK industrial production grew by 1.1% month-on-month in December, better than the 0.9% increase forecast.EuropeEuropean Central Bank President Mario Draghi is also expected to announce at 12:45 that policy makers have decided to hold rates, but the focus will be the following press conference."It's looking more and more likely that the bank will cut interest rates at some point over the coming months, but the consensus appears to be that it won't be today. However, it's difficult to see what will be gained by waiting a few extra months, especially with inflation now at 2.0%," said market analyst Craig Erlam from Alpari.Over in Spain, the Treasury sold €4.6bn of two-, five- and 16-year bonds on the sovereign debt market, surpassing the €3.5-4.5bn target. However, in the first auction since rumours of corruption scandals at the governing People's Party broke out, borrowing rates across all issuances increased. Spanish 10-year yields on the secondary market are now at levels not seen since December.FTSE 100: Vodafone, TUI and Compass impress with resultsTelecoms group Vodafone rose despite posting a 1.8% drop in revenue for the last three months of 2012, blaming difficult market conditions in Europe. However, the company said it expects adjusted operating profit in the upper range of £11.1bn-to-£11.9bn for the 2013 financial year.Travel and leisure firm TUI Travel gained after reporting a narrower operating loss in the first quarter as it outperformed in the UK and Nordic markets.Contract caterer Compass was a high riser after having a good first quarter with expectations for the full year unchanged as its North America and emerging market business segments performing strongly.Burberry sank after the luxury brand named Carol Fairweather, formerly Senior Vice President of Group Finance, as its new CFO.Medical technology group Smith & Nephew was flat despite beating forecasts in the fourth quarter; however it said that margins are expected to fall in 2013.FTSE 250: Ocado and SuperGroup surgeOnline grocer Ocado jumped after reporting a 13% rise in revenue in 2012, helped by rising demand.Trendy fashion brand SuperGroup also jumped after unveiling a 12.3% increase in sales for the holiday season as shoppers stocked up on jackets, knitwear and gifting accessories.FTSE 100 - RisersVodafone Group (VOD) 173.95p +2.11%Compass Group (CPG) 775.00p +1.24%Amec (AMEC) 1,097.00p +1.11%TUI Travel (TT.) 306.50p +0.96%CRH (CRH) 1,327.00p +0.91%RSA Insurance Group (RSA) 131.00p +0.85%Severn Trent (SVT) 1,649.00p +0.79%SABMiller (SAB) 3,184.50p +0.76%Aviva (AV.) 355.70p +0.76%British Sky Broadcasting Group (BSY) 822.00p +0.74%FTSE 100 - FallersBurberry Group (BRBY) 1,365.00p -4.55%Vedanta Resources (VED) 1,269.00p -2.23%Eurasian Natural Resources Corp. (ENRC) 367.70p -2.10%Randgold Resources Ltd. (RRS) 6,075.00p -1.78%Hargreaves Lansdown (HL.) 803.00p -1.71%Aberdeen Asset Management (ADN) 405.10p -1.70%Royal Bank of Scotland Group (RBS) 337.10p -1.46%Fresnillo (FRES) 1,663.00p -1.25%Lloyds Banking Group (LLOY) 51.50p -1.19%IMI (IMI) 1,185.00p -1.17%FTSE 250 - RisersOcado Group (OCDO) 113.80p +9.53%Supergroup (SGP) 685.50p +8.21%Beazley (BEZ) 202.70p +6.46%IP Group (IPO) 130.70p +4.14%ITE Group (ITE) 275.90p +3.88%Bellway (BWY) 1,159.00p +3.30%Centamin (DI) (CEY) 61.40p +3.02%Marston's (MARS) 136.90p +2.55%Amlin (AML) 401.40p +2.40%Dunelm Group (DNLM) 802.00p +2.30%FTSE 250 - FallersOphir Energy (OPHR) 475.00p -8.57%Dairy Crest Group (DCG) 410.00p -2.84%St. Modwen Properties (SMP) 249.70p -2.19%African Barrick Gold (ABG) 352.50p -1.62%PZ Cussons (PZC) 409.30p -1.52%Stobart Group Ltd. (STOB) 97.70p -1.46%Renishaw (RSW) 1,928.00p -1.38%Redrow (RDW) 184.10p -1.29%F&C Asset Management (FCAM) 104.00p -1.23%IG Group Holdings (IGG) 491.30p -1.21%BC
More News
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
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.

Read more
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.

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.