BT rallies as Jefferies upgrades stock to 'buy', citing positives of CEO departure
“Ruling out a dividend cut would be unwise,” Jefferies said in a bullish note on BT
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BT shareholders set to revolt against KPMG after trade body slating
The accountant only got the mandate last year after PWC stood down after 33 years
Castleton Technology swings to profit as it acquires financial modelling platform
The AIM-listed software and managed services provider reported a pre-tax profit for the year of £1.8mln, up from a £0.5mln loss the previous year
TalkTalk shares jump after a double upgrade from Bank of America Merrill Lynch
The analysts said: “For the first time in four years, we see guidance and consensus as achievable, ending the cycle of earnings downgrades”
RF Industries shares pop after 2Q sales and profit soar
The San Diego-based company's revenue jumped thanks partly to higher sales of specialized custom cabling
Mixed opinions on Inmarsat following rejection of EchoStar offer
Inmarsat confirmed it had been approached with a takeover offer by EchoStar last Friday, however it said the offer had “significantly undervalued” the company
BT Group easier as Deutsche Bank trims target price, says firm stuck between “a pension rock and a fibre hard place”
Deutsche Bank’s analysts said: “We were a bit early to u/g to Hold after a 30 month Sell but despite the lower share price since, we restrain ourselves from an unsubstantiated positive view"
BATM secures follow-on cyber security contract for government defence department
The group said the contract was its fifth awarded by a national government and carried a value of around US$3mln over the next 18 months
Gavin Patterson pays the price for BT’s costly sports and mobile ventures
The move into sports broadcasting and the mobile market were significant developments, but neither has quite panned out how Patterson would have hoped
BT boss Gavin Patterson to step down later this year
Announcing the departure, chairman Jan du Plessis, who had only recently come out in support of Patterson, said they both now realised a change of leadership was necessary
BT Group says BT Sport has won rights to broadcast a further 20 Premier League football matches
The FTSE 100-listed firm said the additional games, added to the 32 Saturday matches which BT Sport won earlier this year, giving it a total of 52 games to broadcast
BT phone box turned into world’s smallest nightclub
The classic red phone box in Kingsbridge, Devon was redundant, but the local council has ‘adopted’ it and turned it into what is believed to be the smallest nightclub in the world
Actual Experience lands second large-scale project
The data analytics business has signed a £240,000 a year deal
BT Group up on reports of informal interest from infrastructure funds about taking stake in Openreach
BT owns the UK's national telecom and broadband network through Openreach, a legally separate division that is used by the firm and its rivals to provide services to consumers
BT rivals TalkTalk and Vodafone threaten Openreach broadband dominance
Openreach plans to replace the UK’s ageing copper lines with fibre optic cables to bring faster broadband to three million premises by 2020
BT to raise base salary for chief executive for first time since Italy accounting scandal
BT's boss said fiscal 2018 was a "challenging year" but the company delivered on its strategy
TalkTalk announces sale of direct B2B unit as it reports 35% drop in profits
TalkTalk shares jumped as it said it expects a return to revenue and earnings in growth in fiscal year 2019
Inmarsat in a spin as its global maritime distress safety systems services monopoly is broken
The International Maritime Organization approved the introduction of a GMDSS service by Iridium on its network, subject to Iridium passing a number of stringent performance tests
BT investors 'need to be patient', says Berenberg as it keeps 'buy' rating but cuts target price
Berenberg has asked why BT decided to keep its dividend at 15.4p for the next two years, given that net debt will now increase by £3bn over this period
Vodafone 'highly likely' to receive approval for Liberty Global deal, says Citi
Citi downgraded Vodafone to a ‘neutral’ rating, sending shares in the company lower