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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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Share Price: 73.86
Bid: 73.66
Ask: 73.70
Change: -0.22 (-0.30%)
Spread: 0.04 (0.054%)
Open: 74.04
High: 74.50
Low: 73.40
Prev. Close: 74.08
VOD Live PriceLast checked at -

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Tuesday preview: US consumer prices, Vodafone in focus

Mon, 13th Nov 2023 12:28

(Sharecast News) - Financial markets' attention on Tuesday will be on the latest consumer price data in the U.S..

At 1330 GMT, the Department of Labor is expected to announce that the year-on-year rate of increase in consumer prices slipped from 3.7% for September to 3.3% in October.

Consensus is however that core CPI will be unchanged at 4.1%.

Against that backdrop, earlier, at 0700 GMT, the Office for National Statistics would publish the September employment report.

The rate of increase in average weekly earnings is seen slowing, from 8.1% over the three months to August to 7.4%.

Investors will also be keeping tabs on multiple Fed speakers scheduled for throughout the afternoon.

External Monetary Policy Committee member, Swati Dhingra, will also take to the podium, at noon.

She will be followed at 1330 GMT by Bank of England chief economist Huw Pill.

On the corporate side of things, Vodafone is scheduled to post its interim results.

Analysts are anticipating revenues of €21.6bn, together with a 5% drop in organic revenues to €18.4bn, led by a drop in revenues from its Spanish operations, said Michael Hewson, chief market analyst at CMC Markets UK.

Organic growth in the UK on the other hand is pegged at 5.78% to $2.8bn.

Its new chief executive officer, Margherita Della Valle, had recently inked a deal to hive off its Spanish unit to Zegona for €5bn, whilst focusing more on the UK and Germany.

Last summer the shares plumbed a 25-year low below 70p, but had since started a slow recovery as the new CEO tried to turn the business around.

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Consumer Price Index (US) (13:30)

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2 Aug 2023 13:13

Vodafone boosted by 1&1 5G network deal in Germany

LONDON, Aug 2 (Reuters) - Vodafone said on Wednesday it had agreed a long-term, exclusive national roaming partnership deal to provide 5G mobile coverage to 1&1's customers in Germany, in a deal which it said would be cashflow accretive from its 2026 financial year.

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2 Aug 2023 12:21

TOP NEWS: Vodafone inks national roaming agreement with 1&1 in Germany

(Alliance News) - Vodafone Group PLC on Wednesday said that Vodafone GmbH and 1&1 Mobilfunk GmbH have agreed a long-term national roaming partnership.

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28 Jul 2023 13:13

Telefonica has approached Vodafone on Spanish broadband deal - Bloomberg News

July 28 (Reuters) - Telefonica has approached British telecoms group Vodafone about a potential deal involving internet broadband networks in Spain, the Spanish company's chief operating officer told Bloomberg News on Friday.

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27 Jul 2023 13:17

Citi says Vodafone not yet 'out of the woods', stays at neutral

(Sharecast News) - Analysts at Citi reiterated their 'neutral' recommendation on shares of Vodafone, labelling the telecoms operator's first quarter results as "decent".

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24 Jul 2023 17:14

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Vodafone takes 'first steps' in turnaround with top-line improvement

LONDON, July 24 (Reuters) - Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improvements in Germany, Italy and Spain, marking a positive start for new Chief Executive Margherita Della Valle's turnaround plan.

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24 Jul 2023 08:32

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