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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: 74.18
Bid: 74.00
Ask: 75.00
Change: 0.00 (0.00%)
Spread: 1.00 (1.351%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 74.18
VOD Live PriceLast checked at -

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Sector movers: Telecoms fall as Vodafone hit by downgrade

Mon, 04th Feb 2013 14:24

Telecoms stocks were out of favour on Monday, with the sector being dragged lower by mobile phone giant Vodafone after the stock was hit by a downgrade from Citigroup.Shares in Vodafone rose 11.4% in January alone on rumours that the company could dispose of its stake in its Verizon joint venture (JV), Verizon Wireless.However, shares were taken down a peg on Monday after Citi cut its rating for the stock from 'buy' to 'neutral'.Analyst Simon Weeden said: "Addressing shortcomings in Vodafone's convergence offering may require M&A in both consumer and business, in our view." However he said that potential targets are limited.Citi left its 180p target price for Vodafone's shares unchanged.Opinions from other brokers on Vodafone were mixed today: Societe Generale maintained its 'sell' rating and 100p target price for the stock; while UBS reiterated its 'buy' recommendation and 200p target.Rumours that mobile phone groups T-Mobile and Orange are considering a £10bn flotation of their JV, Everything Everywhere, could also be weighing on the telecoms sector today.By going pubic in London, it is thought that parent companies Deutsche Telekom and France Telecom, respectively, could raise around £1.0bn each.Top performing sectors so far todayPersonal Goods 21,917.32 +0.46%Industrial Transportation 2,481.19 +0.34%Electronic & Electrical Equipment 4,072.34 +0.19%Automobiles & Parts 5,835.81 +0.12%Real Estate Investment & Services 1,978.37 +0.12%Bottom performing sectors so far todayConstruction & Materials 3,661.11 -2.70%Mobile Telecommunications 3,968.73 -2.16%Life Insurance 5,312.72 -1.99%Forestry & Paper 8,180.85 -1.81%Mining 20,234.25 -1.81%BC
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18 Dec 2023 07:59

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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15 Dec 2023 18:59

Iliad wants to finalise JV proposal for Vodafone Italy by end-January -sources

LONDON/MILAN, Dec 15 (Reuters) - French telecoms group Iliad wants to finalise a proposal to Vodafone Italy to combine their Italian operations in a joint venture by the end of January, two sources briefed on the matter said.

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14 Dec 2023 10:44

Sumitomo partners with Vodafone and Deloitte to speed up global trade

(Alliance News) - Sumitomo Mitsui Financial Group Inc and Vodafone Group PLC will team up with Deloitte and Nexxiot to support global autonomous freight handling, the firms announced on Thursday.

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13 Dec 2023 17:07

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12 Dec 2023 18:06

UK may ban some mid-contract mobile and broadband price hikes

LONDON, Dec 12 (Reuters) - Britain's telecoms regulator proposed banning inflation-linked price rises in the middle of customers' broadband and mobile contracts, saying the practice was unfair on consumers and hampering competition.

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12 Dec 2023 16:55

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.

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12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

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12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

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12 Dec 2023 10:59

BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

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12 Dec 2023 10:37

UK telecom regulator eyes ban on inflation-linked contract price hikes

(Alliance News) - The UK telecommunications industry regulator on Tuesday said it wants to ban price hikes linked to inflation from customer contracts.

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12 Dec 2023 09:58

UK regulator seeks to ban telecom firms' inflation-linked mid-contract price hikes

LONDON, Dec 12 (Reuters) - Britain's telecom regulator Ofcom proposed banning inflation-linked price rises in the middle of customers’ mobile and broadband contracts, saying that the practice was unfair on consumers and hampering competition.

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12 Dec 2023 09:28

BT shares dip as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell over 4% on Tuesday, with traders linking the drop to British communications regulator Ofcom proposing a ban on mid-contract price hikes linked to inflation.

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12 Dec 2023 08:48

Ofcom proposes ban on inflation-linked price rises

(Sharecast News) - Telecom firms were in the red on Tuesday, as the sector's regulator proposed a ban on inflation-linked mid-contract price rises.

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7 Dec 2023 16:59

LONDON MARKET CLOSE: Stocks mute as eyes turn to US jobs data

(Alliance News) - Stock prices across Europe were muted on Thursday, as investors cautiously eye the next set of US jobs data.

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