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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: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.62 (0.91%)
Spread: 0.04 (0.058%)
Open: 67.96
High: 68.74
Low: 67.82
Prev. Close: 67.82
VOD Live PriceLast checked at -

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London midday: Vodafone leads UK markets higher, but resource stocks weigh

Tue, 11th Nov 2014 11:34

Strong gains from Vodafone and a string of property companies pushed UK shares into positive territory on Tuesday, though weakness in the resource sectors was limiting upside as the stock market fluctuated at a six-week high.The FTSE 100 was up just 0.1% at 6,618 by midday, having pulled back slightly after hitting an intraday high of 6,632.57 early on.Investors were treading cautiously after the index closed Monday's session at 6,611.25, its first finish above 6,600 since 30 September.Across the Atlantic, both the S&P 500 and Dow Jones Industrial Average benchmark indices closed at record highs again on Monday evening.Market analyst Jasper Lawler from CMC Markets said to expect "another day of drift [...] as investors wait for more fundamental catalysts later in the week at home and abroad".No major economic data was due out in the States due to the Veteran's Day holiday, though the equity markets will still be open. Stock futures on Wall Street were up around 0.1% across the board ahead of the opening bell.Vodafone and real estate stocks gainVodafone shares surged nearly 6% after the mobile telecoms group impressed with its interim results and outlook, with earnings guidance for the full year now guided towards the higher end of expectations. Strong consumer demand for data helped revenues rise 8.9% in the six months to 30 September to £20.8bn, marginally ahead of forecasts.Land Securities wasn't far behind after reporting a massive increase in profits in its first half and a higher net asset value, saying that its portfolio is "now in much stronger shape". Pre-tax profit totalled £1,031m in the six months to 30 September, compared with just £397.9m the year before.Others in the property sector including British Land and Hammerson were also in demand.Housebuilder Taylor Wimpey was also wanted as it upgraded its margin guidance for the full year ahead of analysts' expectations as it hailed healthy demand in the UK housing market. Analyst Robin Hardy from Shore Capital said that Tuesday's update was "the most positive so far this season".Leading the downside were oil producers Tullow Oil and Shell, and mining counterparts Fresnillo, Anglo American, Randgold, Rio Tinto, Antofagasta and BHP Billiton as commodity prices weakened. Brent oil was trading at a four-year low, while Citigroup dampened sentiment amongst the miners after cutting its forecast for iron ore prices.Renishaw jumped 10% as the engineering firm beat forecasts with its full-year guidance, saying that it continues to see "strong demand" across its product lines. The engineering group expects a 35-50% increase in adjusted full-year profits, ahead of the 20% growth expected by analysts.Building-materials firm CRH declined after saying that like-for-like sales growth slowed to 3% in the third quarter from 5% in the first half. Market MoverstechMARK 2,829.23 +0.86%FTSE 100 6,617.93 +0.10%FTSE 250 15,618.49 +0.14%FTSE 100 - RisersVodafone Group (VOD) 219.75p +5.73%Sainsbury (J) (SBRY) 263.10p +3.30%Land Securities Group (LAND) 1,144.00p +2.97%easyJet (EZJ) 1,586.00p +2.19%Aggreko (AGK) 1,572.00p +2.08%Babcock International Group (BAB) 1,102.00p +2.04%G4S (GFS) 268.70p +1.90%Admiral Group (ADM) 1,216.00p +1.76%International Consolidated Airlines Group SA (CDI) (IAG) 420.30p +1.55%Whitbread (WTB) 4,409.00p +1.54%FTSE 100 - FallersTullow Oil (TLW) 486.00p -4.33%Fresnillo (FRES) 716.00p -2.58%CRH (CRH) 1,350.00p -2.53%Sports Direct International (SPD) 640.00p -2.51%Rio Tinto (RIO) 2,951.00p -2.41%Anglo American (AAL) 1,329.00p -2.32%BG Group (BG.) 1,035.50p -1.89%Antofagasta (ANTO) 703.50p -1.68%BHP Billiton (BLT) 1,644.50p -1.64%Royal Dutch Shell 'A' (RDSA) 2,200.00p -1.54%FTSE 250 - RisersRenishaw (RSW) 1,942.00p +9.84%Cairn Energy (CNE) 183.90p +3.90%Taylor Wimpey (TW.) 121.30p +3.41%Moneysupermarket.com Group (MONY) 203.00p +2.94%Micro Focus International (MCRO) 1,039.00p +2.47%Bank of Georgia Holdings (BGEO) 2,357.00p +2.43%Bwin.party Digital Entertainment (BPTY) 105.00p +2.24%Croda International (CRDA) 2,412.00p +2.20%Northgate (NTG) 484.80p +2.06%PayPoint (PAY) 935.00p +1.96%FTSE 250 - FallersOcado Group (OCDO) 312.90p -5.72%Afren (AFR) 78.35p -4.97%TalkTalk Telecom Group (TALK) 282.00p -4.92%Premier Oil (PMO) 247.10p -3.70%African Barrick Gold (ABG) 205.00p -3.21%Supergroup (SGP) 853.00p -2.85%Foxtons Group (FOXT) 166.20p -2.81%Lonmin (LMI) 189.70p -2.72%EnQuest (ENQ) 70.10p -2.64%Centamin (DI) (CEY) 49.83p -2.49%
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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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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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