(Alliance News) - BT Group PLC on Thursday revealed it has lowered its revenue guidance for the full year following a challenging period of interim trading. Read More
(Alliance News) - The FTSE 100 was called higher on Thursday morning following Donald Trump's election victory, although the impact of his policies (if enacted) on global economies remains to be seen. Read More
(Alliance News) - BT Group PLC is mulling selling its Radianz unit, in a deal that could net the telecommunications firm "low hundreds of millions of pounds", the Financial Times reported on Sunday. Read More
Elixirr International PLC - London-based business consultancy - A group of selling shareholders, including company directors, bank a total of GBP25.0 million from a placing of 3.8 million shares at 650 pence. The placing, first announced after the London market close on Thursday, is conducted as an accelerated bookbuild by Cavendish Capital Markets Ltd as sole bookrunner. Elixirr says the share sales is to "satisfy strong institutional demand". The sellers include Non-Executive Chair Gavin Patterson, Chief Executive Officer Stephen Newton and Chief Financial Officer Graham Busby. Patterson is the former CEO of BT Group PLC. Read More
(Alliance News) - A group of investors has urged most of the UK's largest listed companies to provide shareholders with a vote on their climate transition plans. Read More
BT Group PLC - London-based telecommunications provider - Grupo Financiero Inbursa SAB de CV, the Mexico City-based investment vehicle of multi-billionaire Carlos Slim increases its equity holding in BT to 4.3% as of Thursday last week from 3.2% previously. The earlier holding had been disclosed back in June. No reason is provided for the increase in stake, which is disclosed in a filing with the London Stock Exchange on Tuesday. Among his many business interests, Slim is chair of America Movil, which has telecommunications operations throughout Latin America. Read More
(Alliance News) - Stock prices in London took a hit going into Tuesday afternoon, with eyes on the trajectory of US interest rates. Read More
(Alliance News) - Shares in BT Group fell on Tuesday after Sky and CityFibre agreed a long-term partnership that will see Sky launch broadband services on the CityFibre network. Read More
(Alliance News) - Stock prices in London closed higher on Monday, as sentiment remains positive ahead of some key economic data. Read More
(Alliance News) - London made a steady start to the week, with stocks trading higher at midday Monday, as investors look ahead to a week of key inflation data from both the UK and US. Read More
(Alliance News) - Bharti Global's acquisition of a large chunk of BT Group PLC reflects a "big power shift" between the two companies in recent years, an analyst on Monday said. Read More
(Alliance News) - Stock prices in London opened higher on Monday, as investors shook off nerves ahead of US inflation data which is due out later this week. Read More
(Alliance News) - Bharti Global on Monday said it has reached an agreement to buy a large stake in BT Group PLC from Altice UK, sending shares in the London-based telecommunications operator upwards. Read More
(Alliance News) - Stocks in London are called to open higher, as some calm spreads over markets a week after the global sell-off which shook investors. Read More
(Alliance News) - Vodafone Group PLC and Three will have to wait longer before finding out if a GBP15 billion planned merger has the seal of approval from the UK's competition regulator. Read More
WPP PLC - London-based advertising agency - Picks Philip Jansen to be its next non-executive chair. Jansen was chief executive of telecommunications provider BT Group PLC from 2019 until this past February. Prior to BT, he was CEO of payments firm Worldpay and of food wholesaler Brakes Group. He also has worked for US personal and home care products firm Procter & Gamble Co. Jansen will join the board on September 16 and replace Roberto Quarta on January 1. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More