CWC.L Share News (CWC)

London midday: Markets pull back as investors prepare for Fed meeting

- US inflation in focus ahead of Fed meeting - German sentiment rises; UK inflation eases - S&P downgrades RSA, Fitch lowers outlook - Cable & Wireless Comms gains on bid speculation techMARK 2,690.49 +0.16% FTSE 100 6,499.13 -0.35% FTSE 250 15,419.43 +0.23% Markets across Europe were trading in t

London open: Markets pull back as investors await Fed outcome

- Markets pull back after 1.3 per cent surge on Monday - Investors await US inflation data ahead of Fed meeting - RSA hit by two credit ratings downgrades techMARK 2,680.51 -0.21% FTSE 100 6,489.08 -0.51% FTSE 250 15,329.78 -0.36% After a strong surge the day before, UK markets opened with moderat

Tuesday broker round-up UPDATE

Advanced Medical Solutions: Panmure Gordon downgrades from buy to hold with a target price of 102p. Antofagasta: Canaccord Genuity cuts target price from 1110p to 1035p, while staying with its buy recommendation. ASOS: Panmure Gordon increases target price from 5950p to 6126p, while downgrading fr

UPDATE 1-Batelco deal for C&W's Seychelles business falls through

LONDON, Dec 2 (Reuters) - Cable & Wireless Communications said on Monday the sale of its business in the Seychelles to Bahrain Telecommunications Co (Batelco) has fallen through, the latest deal to hit a snag between the two sides. The British group had last year announced the sale of its

RPT-C&W Communications says Batelco Seychelles deal expires

LONDON, Dec 2 (Reuters) - Cable & Wireless Communications is considering options for its assets in the Seychelles after Bahrain Telecommunications Co failed to secure approval to buy the business by a set date. "Cable & Wireless Communications has been notified that all necessary approvals

C&W Communications says Batelco Seychelles deal expires

LONDON, Dec 2 (Reuters) - Cable & Wireless Communications is considering options for its assets in the Seychelles after Bahrain Telecommunications Co failed to secure approval to buy the business by a set date. "Cable & Wireless Communications has been notified that all necessary approvals

Monday broker round-up UPDATE

Aberdeen Asset Management: Credit Suisse raises target price from 465p to 515p and maintains a neutral rating. Admiral Group: Citi moves target price from 1215p to 1220p and retains a neutral rating. AVEVA Group: Numis upgrades to buy with a target price of 2980p. AZ Electronic Materials: Deutsch

Ex-divs to take 11.6 points off FTSE 100 on Nov. 13

LONDON, Nov 11 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-

Monday broker round-up UPDATE

Associated British Foods: Barclays downgrades to equal-weight with a target price of 2100p. Bovis Homes Group: Deutsche Bank moves target price from 1001p to 1008p maintaining a buy recommendation. British Land: Deutsche Bank downgrades to sell with a target price of 520p. British Sky Broadcastin

Friday broker round-up UPDATE

Abcam: Canaccord Genuity moves target price from 396p to 386p and keeps a sell recommendation. N+1 Singer shifts target price from 450p to 445p downgrading to sell. Aberdeen Asset Management: Jefferies lowers target price from 440p to 430p and reiterates a hold recommendation. Anglo American: Gold

FTSE 250 movers: Halfords charges higher on strong H1

Car- and bike-parts retailer Halfords saw its shares rocket after delivering an impressive first half. The group posted profit before tax in the first six months of the year rose 6.4% to £44.6m, well ahead of the £38.9m forecast by analysts. Adding to the gains, Investec reiterated its 'buy' ratin

UK WINNERS & LOSERS: Halfords Goes The Extra Mile, Inmarsat Slips

Cable & Wireless says smartphones help mobile return to growth

* Mobile revenue in first half up 3 pct versus flat forecast * Shares rise to two-year high By Paul Sandle LONDON, Nov 7 (Reuters) - Britain's Cable & Wireless Communications said its mobile services returned to growth in the first half, driven by the popularity of mobile data i

Cable & Wireless Maintains Full-Year Guidance Despite Weak Half

Cable & Wireless reports fall in half-year profit due to restructuring

- Pre-tax profit falls 36 per cent - Revenue declines three per cent - Cost cutting across the board Cable & Wireless Communications reported a 36 per cent fall in pre-tax profit in the six months through September following exceptional charges related to the company's cost reduction activities.