Vedanta Resources Share News (VED)

Cairn India boss Mayank Ashar resigns

(ShareCast News) - Cairn India said its managing director and chief executive (CEO), Mayank Ashar, has resigned, with chief financial officer Sudhir Mathur stepping in as acting CEO. Ashar's resignation would be effective from 5 June, but he would provide transition support for Mathur out to 30 J

Vedanta Resources Says Cairn India CEO To Step Down Early Next Month

Thursday broker round-up

(ShareCast News) - Countryside Properties: JP Morgan reiterates overweight with a 280p target. SSP Group: Citigroup retains buy with a 340p target. Polymetal International: Jefferies keeps at underperform with a 520p target and UBS reiterates neutral with a target price of 675p and Deutsche Bank st

BROKER RATINGS SUMMARY: Goldman Sachs Upgrades BT To Conviction Buy

LONDON BRIEFING: US Interest Rate Hike Back On Agenda For June

Mortice Appoints Indian Tax And Law Experts To Board

FTSE 250 movers: TalkTalk slumps while Vedanta Resources rebounds

(ShareCast News) - The FTSE 250 fell 0.40% to 16,593.06 in afternoon trade on Friday. TalkTalk was among the biggest fallers on London's index, a day after saying full year profits more than halved following a cyber attack on its systems last October, which cost £42m. The telecoms provider reported

LONDON MARKET CLOSE: Stocks Fall As BoE Cuts UK Growth Forecasts

EXTRA: Vedanta Makes "Prudent" Move By Halving Dividend As Prices Fall

Vedanta slashes dividend as commodity prices hit full year results

(ShareCast News) - Vedanta Resources slashed its dividend by more than half as falling commodities prices hammered full-year profits. The FTSE 250 multi-national miner said earnings before interest, tax, depreciation and amortisation slumped 37% to $2.34bn as shareholders took the brunt of the pain

Vedanta Makes "Prudent Decision" By Cutting Dividend By More Than Half

Thursday broker round-up

(ShareCast News) - Stagecoach: UBS upgrades to buy with a 295p target. Centrica: Exane BNP Paribas downgrades to neutral with a 240p target and UBS reiterates hold with a target price of 250p. BHP Billition: Barclays upgrades to equal-weight with a 875p target. Vedanta: Barclays reiterates underwe

Earnings, Trading Statements Calendar - Week Ahead

BROKER RATINGS SUMMARY: JPMorgan Upgrades National Grid To Overweight

Vedanta Subsidiary Posts Steep Profit Drop On Lower Commodity Prices