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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: 71.54
Bid: 71.52
Ask: 71.54
Change: -0.74 (-1.02%)
Spread: 0.02 (0.028%)
Open: 72.12
High: 72.34
Low: 71.14
Prev. Close: 72.28
VOD Live PriceLast checked at -

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US STOCKS-Futures flat with S&P record high within view

Wed, 03rd Apr 2013 12:11

* Data on U.S. private employment, services sector on tap

* Zynga rallies, to offer casino games in Britain

* Futures up: Dow 6 pts, S&P 1.1 pts, Nasdaq 0.25 pt

By Ryan Vlastelica

NEW YORK, April 3 (Reuters) - U.S. stock index futures werelittle changed on Wednesday as investors awaited the latestround of economic data and the S&P 500 edged even closer to anall-time intraday high.

The S&P has been within striking distance of its recordlevel of 1,576.09 for the past several sessions, and inched towithin three points of it on Tuesday before pulling back. Whilethe index ended at a new closing high, a late-session paring ofmarket gains prompted investors to question the strength of therecent rally.

Market movements may be slight until the release of theclosely watched nonfarm payrolls report on Friday, as there arefew major trading catalysts before then. The S&P has gained lessthan 0.1 percent so far this week.

"We're going to be quiet before the payroll report, withdefensive sectors favored and any action likely coming fromwhether an overseas market moves dramatically," said Rick Fier,director of trading at Conifer Securities in New York.

Nonetheless, economic data will be scoured for signs ofwhether the economy continues to steadily improve. The ADPnational employment report is scheduled for release at 8:15 EDT(1215 GMT) and is seen showing 200,000 private sector jobs wereadded in March, slightly more than the previous month. A strongADP report may raise expectations for Friday's jobs report.

The March read for the Institute for Supply Management'sservices index, due at 10:00 a.m. (1400 GMT), is seen at 55.8,down from 56.0 in the previous month.

"Services is such a huge part of the economy that anyimprovement would be viewed as a positive," said Fier, who helpsoversee $8 billion in assets under administration. "Even morethan it topping expectations, we would like to see it top lastmonth's read."

While data has largely been positive and helped to propelthe equity market in the first quarter, a few disappointmentshave made investors cautious. The ISM manufacturing index onMonday came in below expectations.

S&P 500 futures rose 1.1 point, less than 0.1percent, though it was above fair value, a formula thatevaluates pricing by taking into account interest rates,dividends and time to expiration on the contract. Dow Jonesindustrial average futures added 6 points and Nasdaq 100futures rose 0.25 point.

The S&P 500 has advanced more than 10 percent this year andlast week, broke above its 2007 closing high, a level itexceeded on Tuesday. The Dow first broke above its 2007 recordon March 5.

In company news, Zynga Inc surged 12 percent inpremarket trading after the company said it would begin offeringpoker and casino-style games in Britain in partnership withBwin.party Digital Entertainment.

ConAgra Foods Inc fell 2.4 percent to $34.68 beforethe bell. The company reported third-quarter earnings that fell57 percent even as revenue grew.

Verizon Communications Inc ruled out a full takeoverof Vodafone , turning the focus yet again towhether the two telecom giants can do a deal over their VerizonWireless joint venture. U.S.-listed shares of Vodafone fell 3.6percent to $28.36 in premarket trading.

Thermo Fisher Scientific Inc is emerging as the leadcontender in an auction for Life Technologies Corp, agenetic testing maker with a market value of more than $11billion, three people familiar with the matter said this week.

Issues in the euro zone will continue to be in focus a dayafter Cyprus concluded a bailout deal. The plan, which stillrequires ratification, would mean the country receives a 10billion euro loan and that it has until 2018 to carry outmeasures to shore up its finances. The country's financeminister resigned after concluding the deal.

While investors have largely used any market decline as abuying opportunity, the situation in Cyprus has been a majorsource of market uncertainty in recent weeks.

U.S. stocks rose on Tuesday, lifted by healthcare stocks,after a government decision on payment rates. Strong factoryorders data also added to the positive tone.

More News
18 Mar 2024 09:39

IN BRIEF: Vodafone CFO buys 2.5 million shares for GBP1.7 million

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Group Chief Financial Officer Luka Mucic purchased 2.5 million shares on Friday in London at 69.64 pence each for GBP1.7 million in total. Vodafone also on Friday announced the sale of its Italian business to Swisscom AG for EUR8 billion, with EUR4 billion to be returned to shareholders through a buyback. It said, however, that annual dividends from financial 2025 onwards will be rebased to 4.5 euro cents, down from 9.00 cents for financial 2024.

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15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

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15 Mar 2024 12:11

LONDON MARKET MIDDAY: FTSE 100 underperforms despite mining, oil boost

(Alliance News) - London's FTSE 100 overcame a muted morning to head into Friday afternoon on the up, though its progress was shy of the loftier gains seen by mainland European peers, as investors showed some signs of trepidation ahead of a pair of interest rate decisions next week.

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15 Mar 2024 09:25

Vodafone Germany makes surprise chief executive change

(Alliance News) - The head of telecommunications provider Vodafone Germany, Philipp Rogge, has announced plans to leave the company at the end of the month in a surprise move after less than two years at the helm.

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15 Mar 2024 08:43

LONDON MARKET OPEN: FTSE 100 treads water; buyback boosts Vodafone

(Alliance News) - Stock prices in London opened in a muted fashion on Friday, as a hotter-than-expected US producer price reading stifled risk appetite, with focus beginning to move to interest rate decisions from the Federal Reserve and Bank of England next week.

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15 Mar 2024 07:46

LONDON BRIEFING: Vodafone, Scottish Mortgage Investment plan buybacks

(Alliance News) - London's FTSE 100 is called to open fractionally lower on Friday, possibly a tepid end to a decent week, as a robust US producer price reading hurt risk appetite on both sides of the Atlantic.

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15 Mar 2024 06:58

TOP NEWS: Vodafone plans share buyback after Italy sale to Swisscom

(Alliance News) - Vodafone Group PLC on Friday said it has agreed to sell its Italian business to Swisscom AG for EUR8 billion and will return half of the proceeds to shareholders.

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15 Mar 2024 06:45

Vodafone unveils €4bn capital return after selling Italian unit

(Sharecast News) - Vodafone and Swisscom have confirmed that the Swiss telecom group will take over Vodafone Italy for €8bn, enabling the UK company to return €4bn to shareholders.

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29 Feb 2024 16:05

London close: Stocks finish positive as US inflation moderates

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

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29 Feb 2024 13:11

Vodafone rallies on 'RARE' Betaville report

(Sharecast News) - Vodafone rallied on Thursday amid takeover speculation.

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28 Feb 2024 15:01

London close: Stocks slip as US GDP growth decelerates

(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.

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28 Feb 2024 08:59

TOP NEWS: Vodafone in talks to sell Italian arm in EUR8 billion deal

(Alliance News) - Vodafone Group PLC on Wednesday confirmed that it is in exclusive discussions with Swisscom AG regarding a potential sale of Vodafone Italy to Swisscom for cash.

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28 Feb 2024 07:10

Vodafone to sell Italian operations to Swisscom for €8bn

(Sharecast News) - Vodafone has confirmed media speculation that it intends to sell its Italian operations to Swiss telecoms group Swisscom for an enterprise value of €8bn.

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16 Feb 2024 08:52

Vodafone inks deal with RWE for offshore wind energy in Germany

(Alliance News) - Offshore wind turbines in the North Sea will power around 12,000 Vodafone Group PLC cellular network towers across Germany under a new deal that the mobile provider struck with German energy firm RWE AG.

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15 Feb 2024 10:47

Swisscom sole bidder for Vodafone's Italian assets - report

(Sharecast News) - Swisscom has become the sole party still in discussions with Vodafone Group about its Italian assets, it was reported on Thursday.

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