Investments and investor services
FTSE 100 closes higher, bolstered by resource stocks
The premier index of leading shares added around 27 points to finish at 6,968
Company
LON:BT.A
Operating in over 170 countries, BT is one of the world’s leading providers of communications solutions and services.
845 stories · page 26 of 43
Investments and investor services
The premier index of leading shares added around 27 points to finish at 6,968
The lock-up on Deutsche Telekom’s 12% holding in BT — a legacy of the £12.5bn sale of mobile phones business EE to the FTSE 100-listed firm in 2015 — ended on January 29
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Aside from the tide of blue-chip results, some big second line news will also flow on Thursday from the likes of Britvic, Dairy Crest, Premier Oil, Rank Group, and Renishaw
The jobs — about 1,600 of which will be new roles — are an extension of the company’s largest-ever recruitment drive to hire 6,500 apprentice engineers this year and next
Investments and investor services
A deceptively dull start by the Footsie gradually turned into something a bit more dramatic
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The cream of the corporate updates will likely come from blue-chips BT Group, Royal Mail, Royal Dutch Shell, Unilever and Diageo
Berenberg sees BT's full-year results in May as an opportunity for new boss Phil Jansen to lay out his plan for the business
Nick Jeffery, Vodafone UK’s chief executive said: “We believe that these plans will generate significant benefits for our business and our customers as we move into the digital era of connected devices, appliances and systems on a mass scal
“On one hand dividends and pension constrain investment budgets, on the other, competitors are starting to receive funds for ambitious new builds and are mobilising to avail of duct and pole access regulation,” Deutsche Bank said
Barclays expects BT’s revenues to fall 1.5% and earnings to drop 5.6% in the third quarter
Never in the FTSE 100's 34-year history has a blue-chip company had women filling the top two executive roles
"This year’s Boxing Day bonanza could be no more than a wicked bear trap set to lure investors into more trouble.”
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There will be some key data from the US and UK at the start of the new year, and Christmas retail trading news will be a dominant focus notably from Next PLC
Following the vote, its Remuneration Committee Chairman invited a broad selection of shareholders and proxy advisory bodies to meet with him to understand their views on executive pay at BT
The Citizens Advice Bureau recently filed a ‘super-complaint’ in which it criticised companies from various industries for taking advantage of loyal customers
BT has said it would not use Huawei's equipment for the core of its 5G service when it is rolled out in the UK amid security concerns
O2 said calls were still working but data connections were broken
The US investment bank also hiked its price target for BT by a third to 320p, implying around 25% upside to its current share price of 261.85p, which was up 2% on Monday’s close
TalkTalk will accelerate its fibre broadband roll-out by setting up a new company called FibreNation
Ofcom said EE and Virgin Media have agreed to change their terms and reduce exit charges