London stocks reverse gains as financial and energy stocks dip; Vodafone slides
Vodafone slumps on weak cash flow expectations
*Read moreSun, 21st Aug 2011 16:25
Vodafone slumps on weak cash flow expectations
*Read more(Alliance News) - Stock prices in Europe closed lower on Tuesday, with underwhelming China data and little in the way of progress in US debt ceiling talks souring the mood.
Read moreNew CEO says Germany underperforming
*Read more(Alliance News) - Stock prices in London were directionless at midday on Tuesday as markets digested the latest UK unemployment data and nervously eyed incoming US debt ceiling crunch talks.
Read moreLONDON, May 16 (Reuters) - The chief executive of Britain's anti-trust regulator said she could not give a view on the proposed merger of Vodafone and CK Hutchison's UK businesses until the deal is formally agreed.
Read moreVodafone CEO says CK Hutchison talks 'progressing'
*Read moreLONDON, May 16 (Reuters) - The chief executive of Britain's Vodafone said she was open to selling its Spanish business but it was too early to say what the outcome of a strategic review there would be.
Read more(Alliance News) - Vodafone Group PLC on Tuesday said its annual performance slowed in line with its expectations, as it plans to cut 11,000 jobs.
Read more(Alliance News) - Stock prices in London edged into the green at Tuesday's open, but investors failed to muster much enthusiasm following weak Chinese economic data and fears of a US debt default.
Read moreLONDON, May 16 (Reuters) - Vodafone's chief executive said talks with Hutchison about a tie-up between the pair's British businesses are progressing but it was taking time.
Read more(Alliance News) - Stocks in London were called lower on Tuesday, as investors looked ahead to critical US debt talks, set to resume later in the day, while the UK jobless rate rose unexpectedly and Vodafone plans to cut jobs in the UK and abroad.
Read moreLONDON, May 16 (Reuters) - Vodafone's new boss Margherita Della Valle said she would cut 11,000 jobs over three years to simplify the telecoms group, which she said "must change", as it forecast little or no growth in earnings for the new financial year.
Read more(Sharecast News) - Telecoms giant Vodafone said it was cutting 11,000 jobs and expected to post flat earnings next year after reporting a decline in annual profits in a performance described as "not good enough" by its chief executive.
Read moreMILAN, May 12 (Reuters) - Sweden's EQT Infrastructure will take a majority stake in Wind Tre's Italian telecoms network after agreeing a deal with Hong Kong's CK Hutchison valuing the business at 3.4 billion euros ($3.74 billion), including debt, the groups said.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
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