FTSE 100 today: Blue-chip set to rise ahead of key earnings reports Markets Asian stocks fell as Joe Biden exited the election race, China cut rates. Focus on earnings reports from major tech and banking firms.
Talktalk hopeful of securing lifeline investment as refinancing deadline looms Live! Talktalk has warned investors it could collapse within weeks unless its bosses secure a £200m lifeline from its largest shareholders, as the struggling telecoms firm flounders in its mountainous debt pile
BT: FTSE 100 giant’s majorty shareholder Altice may be force to sell stake as debt concerns grow Telecoms The company initially built an 18 per cent stake in BT in 2021 using so-called funded equity collars. These combine bank loans and derivatives to help investors buy positions using borrowing money while hedging downside exposure.
Former BT boss eyes takeover of FTSE 100 group Rentokil July 21, 2024 Jansen has begun talks with private equity houses to evaluate options for the Crawley-based pest control company, The Sunday Times said.
FTSE 100 companies BT, Vodafone and Astrazeneca to report earnings this week July 21, 2024 Key quarterly earning updates from FTSE 100 companies next week, include Vodafone, BT and Astrazeneca.
Global tech outage: Vital NHS system goes down along with Heathrow, London Stock Exchange and Sky News July 19, 2024 The London Stock Exchange, airlines, banks and media organisations went down in the early hours of Friday.
Ofcom stomps out inflation-linked price rises for phone and broadband contracts July 19, 2024 Telecoms regulator Ofcom has expressed concern that the old practice left customers dealing with financial uncertainty.
Segro sells £275m warehouse portfolio as it eyes ‘new investment opportunities’ July 19, 2024 The London-listed warehouse giant Segro has sold a group of retail spaces worth more than €327m (£275m) as it eyes “new investment opportunities”. The sale includes four warehouses, two located in Milan and two in Rome, which Segro said it had developed for “some of our largest clients” to support their expansion plans. The warehouses [...]
FTSE 100 today: Blue-chip poised to end two-week winning streak amid global uncertainty July 19, 2024 Asian markets drop with Wall Street; oil prices fall; Japan inflation rises; Netflix exceeds subscriber targets; UK retail sales data next.
Here’s what the Czech Sphinx is planning for Royal Mail July 18, 2024 EP Group will offer a legally binding guarantee that there will be no change in control of GLS or Royal Mail for three years following the acquisition.