Vodafone Share News (VOD)

Andy Halford, the Chief Financial Officer of Britain's biggest mobile phone company Vodafone, dumped a million shares on the market this week, almost halving his stake in the company. Halford, who took his seat on the board in 2005, sold 976,056 shares at 171.624p and 23,944 at 170.46p for a total of just over £1.7m. On Tuesday Nomura said the stock was less risky than its peers following "steady enough" full-year results. The broker maintained its buy recommendation and 225p target price for the telecoms giant, despite the group's sales guidance being adjusted down. "In the context of the wider sector, this outlook is encouraging and topped up with Verizon Wireless (VZW) distributions, the stock should still be regarded as a lower-risk investment, in our view," Nomura said. Revenues for the year to the end of March came in at £46.41bn, broadly in line with Nomura's forecasts and market consensus, while EBITDA (earnings before interest, tax, depreciation and amortisation) of £14.47bn was slightly below due to £80m higher restructuring costs. The company now expects revenues to be "slightly below" previous guidance but the broker assures that a revision "was anticipated". At luxury brand Burberry, Non-Executive Director Stephanie George bought up 7,000 shares at 1,384.97p a pop for a total of £96,948. She made the purchase on Thursday, one day after the company reported solid and balanced growth in the year ended March 31st, with profits coming in marginally ahead of expectations. Adjusted profit before tax (which excludes restructuring costs and other items) increased by 26% from £298m to £376m, slightly ahead of consensus forecasts of £374.7m. Meanwhile, the retail/wholesale operating margin improved by 80 basis points to 16.4%. Revenue figures for the second half were already disclosed in the pre-close trading update last month and so won't come as much surprise to the market. Sales totalled £1,857m, up 24% from £1,501m the year before. Underlying growth, calculated at constant exchange rates, was 23%. Top Director BuysF&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 250,000 @ 70.64p Value: £176,600Burberry Group (BRBY) Director name: Ms Stephanie GeorgeAmount purchased: 7,000 @ 1,384.97p Value: £96,948Lowland Investment Co (LWI) Director name: Mr Robert RobertsonAmount purchased: 5,000 @ 864.73p Value: £43,236Sierra Rutile Ltd (SRX) Director name: Mr Charles H. EntrekinAmount purchased: 48,841 @ 64.50p Value: £31,502Imperial Tobacco Group (IMT) Director name: Mr Iain NapierAmount purchased: 1,213 @ 2,359.72p Value: £28,623Burford Capital Ltd. (BUR) Director name: Mr Hugh Steven WilsonAmount purchased: 25,000 @ 112.00p Value: £28,000Burford Capital Ltd. (BUR) Director name: Mr Hugh Steven WilsonAmount purchased: 25,000 @ 112.00p Value: £28,000Mytrah Energy Ltd (MYT) Director name: Mr Ravi KailasAmount purchased: 26,000 @ 75.50p Value: £19,630Top Director SellsShare Plc (SHRE) Director name: Mr Richard William StoneAmount sold: 50,000 @ 22.00p Value: £11,000