Latest Share Chat

CWC.L Share News (CWC)

CWC.L Information

There is currently no data for CWC

Sector movers: Renewed AT&T bid hopes at Vodafone lift telecoms

Fri, 22nd Aug 2014 15:55

Renewed hopes of a potential bid by AT&T for Vodafone were giving the mobile telecoms sector a boost on Friday.Vodafone shares were up 1.4% at 205.35p in afternoon trade on the back of hopes that AT&T, which was rumoured to be considering an offer earlier in the year for the mobile phone group, will return to the table and make a proposal.According to the Daily Mail, there is speculation that advisers to the US telecoms giant are working on a cash bid of over 300p a share. Based on Vodafone's current market cap, a 300p-a-share valuation would equate to an offer of just under £80bn.The UK takeover code means that AT&T, which ruled itself out as a bidder in January, could not make an offer for 30% or more of Vodafone for six months - a 'cooling off' period that has now ended.AT&T has been free to revisit the potential deal since late July and the recent weak performance of Vodafone's shares has now prompted its board to begin working on a bid, the Daily Mail said.What's more, the paper also said that Vodafone has "another heavyweight admirer" in the shape of China Mobile, which could be looking to buy a stake of up to 20%.Other stocks in the telecoms sectors including Mobile Streams, Talktalk, BT Group and Cable & Wireless Communications were also making gains on Friday.Top performing sectors so far todayMobile Telecommunications 4,613.99 +1.11%Household Goods & Home Construction 12,000.52 +0.86%Banks 4,538.60 +0.79%Food & Drug Retailers 3,350.01 +0.72%Industrial Transportation 2,822.84 +0.53%Bottom performing sectors so far todayHealth Care Equipment & Services 5,883.62 -1.36%Electricity 9,541.26 -1.04%Construction & Materials 3,906.39 -0.83%Mining 17,661.87 -0.65%Aerospace and Defence 4,884.39 -0.62%BC

More News

5 Nov 2015 10:37

Cable & Wireless swings to first half loss

(ShareCast News) - Cable & Wireless swung to a pre-tax loss in the first half on the back of costs related to its acquisition of Columbus Communications. For the six months ended 30 September, the telecommunications company posted a pre-tax loss of $1m (£650,000), compared with a profit of $132m in

5 Nov 2015 08:30

Cable & Wireless Communications Posts Small Loss On Higher Costs

29 Oct 2015 16:23

Earnings, Trading Statements Calendar - Week Ahead

23 Oct 2015 11:23

LONDON MARKET MIDDAY: Chinese Interest Rate Cut Adds To Gains

23 Oct 2015 09:25

WINNERS & LOSERS SUMMARY: Data Breach Slams TalkTalk Shares

23 Oct 2015 07:46

BUZZ-Cable & Wireless: continues rally after confirming Liberty Global approach

** Cable & Wireless rises a further 9.3 pct, adding to a 20.7 pct gain into the close on Thursday after it confirmed talks with Liberty Global regarding a possible takeover ** Liberty, led by "King of Cable" John Malone, already owns a 13 pct stake, as well as a 9.9 pct stake in ITV *

23 Oct 2015 07:31

LONDON MARKET OPEN: Cable & Wireless Rises On Liberty Global Talks

23 Oct 2015 07:23

LONDON BRIEFING: Draghi Boost Continues Into Friday

22 Oct 2015 16:55

Liberty Global may be set to scoop up Cable&Wireless

(ShareCast News) - Liberty Global may snap up Cable&Wireless before early November in a bid to increase its reach in the Carribean and elsewhere, The Wall Street Journal reported citing people familiar with the matter. The transaction, whose value may reach over $5bn, could be announced before they

22 Oct 2015 16:55

Liberty Global may be set to scoop up Cable&Wireless

22 Oct 2015 16:23

UPDATE 1-Cable & Wireless says in talks with Liberty Global

(Adds details, share price) Oct 22 (Reuters) - Cable & Wireless Communications Plc said it was in talks that could result in a takeover offer from Liberty Global Plc, the cable company backed by billionaire John Malone. A deal would give Liberty a foothold in the Caribbean and Latin

22 Oct 2015 16:16

UPDATE: Cable & Wireless Confirms Takeover Talks With Liberty Global

22 Oct 2015 16:08

LONDON MARKET CLOSE: ECB's Draghi Gives Markets What They Want To Hear

22 Oct 2015 15:47

Cable & Wireless Confirms Possible Offer Talks With Liberty Global

8 Oct 2015 17:33

Thursday broker round-up

(ShareCast News) - Tullow Oil: JP Morgan Cazenove upgrades to overweight, cuts target price to 310.00p. Soco International: UBS downgrades to sell, keeps target price at 150.00p. Synthomer: Berenberg Bank starts new coverage with a buy, sets target price at 400.00p. Weir Group: Investec Securities

Latest Share Chat

CWC.L Share News (CWC)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sector movers: Renewed AT&T bid hopes at Vodafone lift telecoms

Login to your account

Quickpicks are a member only feature

Login to your account