FTSE 100 ends higher as BT declares Openreach plans, US jobs gain
FTSE 100 stocks ended higher on Friday, led by telecoms behemoth BT after confirming it would separate Openreach
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LON:BT.A
Operating in over 170 countries, BT is one of the world’s leading providers of communications solutions and services.
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FTSE 100 stocks ended higher on Friday, led by telecoms behemoth BT after confirming it would separate Openreach
Jan du Plessis is to step down as chairman of the mining giant as he assumes a new position on the board of BT
Shares in BT have climbed more than 10% in the wake of its earnings alert in mid-January
The FTSE 100-listed firm will pay around £394m each year for the rights which will run until the end of the 2020/21 season.
The FTSE 100 was down 32 points to 7,342 shortly after 3.15pm on Monday
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
Haitong says BT's Openreach arm is holding up well in the face of the network expansion by Virgin Media
Analysts at the bank repeated a ‘buy’ rating and 425p price target on the FTSE 100-listed stock, which offers around 38% upside potential.
BT revealed that Brendan Barber - chairman of employment relations service Acas and a former Trades Union Congress boss - and Edward Astle - a former Board member of National Grid PLC (LON:NGG) - will become non-executive directors of Openr
The normally reliable investment strategy based on the "Dogs of the Dow" system has had a bad couple of years; what if we tweaked it?
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The normally reliable investment strategy based on the "Dogs of the Dow" system has had a bad couple of years; what if we tweaked it?
BT posted third quarter pretax profits of £526min, down from £832mln a year earlier, as revenues rose to £6.13bn.
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FTSE 100 shares edged higher on Friday, helped by a jump by supermarket Tesco
BT's 'Italian Job' has done more than 'blow the bloody doors off'. Was the reaction overdone?
After Tuesday’s share price debacle, investors will be hoping BT Group can provide some reassurance with third-quarter numbers on Friday.
In New York, the US blue chip index was up over 150 points to 20,064, the first time it has exceeded the psychologically significant 20,000 level in intraday trading.
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A major Brexit decision, botched Italian Job and government borrowing figures all feature in today’s Trending
BT also spooked investors with a cautious update in today’s announcement, saying “the outlook for UK public sector and international corporate markets has deteriorated.”
A glance at the largest rises and falls in London at 3.30pm
The FTSE 100-listed firm, which announced an initial investigation in October, said the review had found “a complex set of improper sales, purchase and leasing transactions.”