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FTSE hits fresh five year highs

March 6, 2013 08:45
* FTSE 100 up 0.4 percent * Vodafone leads gainers on Verizon talk * Melrose, Admiral, L&G rise post results * Ex-divs knock 7.6 points off index By Tricia Wright LONDON, March 6 (Reuters) - Britain's top share index hit fresh five-year highs on Wednesday, helped by renewed reports of a potential merger between Vodafone and its U.S. joint venture partner Verizon.

Bullish results help Britain's FTSE extend gains

March 6, 2013 04:30
LONDON, March 6 (Reuters) - Britain's top share index extended gains early on Wednesday led by strength in heavyweight Vodafone and engineers Melrose, which posted strong results, as the FTSE 100 attacked fresh highs. By 0810 GMT, London's blue chip index was 12.89 points, or 0.2 percent higher at 6,444.84, having closed above 6,400 points for the first time in over five years helped by solid company reports and support from central banks.

European shares extend rally; Vodafone jumps

March 6, 2013 04:30
PARIS, March 6 (Reuters) - European shares inched higher in early trade on Wednesday, adding to the previous session's sharp rally, with Vodafone Group surging on reports of tie-up talks with Verizon Communications. At 0807 GMT, the FTSEurofirst 300 index of top European shares was up 0.07 percent at 1,189.99 points, after surging 1.8 percent in the previous session and hitting its highest close in 4-1/2 years. The index was just a few points shy of its February 2011 intraday peak of 1,191.56 points.

Vodafone and AMEC push down Britain's FTSE

February 14, 2013 09:31
* FTSE 100 down 0.8 pct, holds above 6,300 point level * Market rallied to 5-year high on Wednesday * Traders see market prone to further falls this month * AMEC slumps 6.2 pct after cautious outlook * Vodafone drop also weighs on index By Sudip Kar-Gupta

UPDATE 3-Vodafone sales hit as weakness spreads across Europe

February 7, 2013 06:30
* Q3 service revenue misses forecast * Hit by falls in Germany, Britain, Spain, Italy * Shares up 2 percent By Kate Holton LONDON, Feb 7 (Reuters) - Trading at Vodafone worsened in the third quarter as customers in previously robust northern Europe joined those in the south by cutting phone usage, adding impetus to the British group's efforts to cut costs.

Vodafone helps support Britain's FTSE

February 7, 2013 06:15
* FTSE 100 little changed * Vodafone, Compass climb after trading updates * TUI Travel gets results boost * Burberry off, traders cite China advertising ban By Tricia Wright LONDON, Feb 7 (Reuters) - Britain's top shares were steady on Thursday as investors waded through a stack of company earnings reports, with index heavyweight Vodafone keeping the market buoyant after a trading update.

Vodafone fall pushes UK's FTSE 100 off latest peaks

February 4, 2013 05:30
* Vodafone takes most points off FTSE after Citi downgrade * FTSE 100 retreats from best peaks since May 2008 * Traders divided over whether or not to "buy on dip" By Sudip Kar-Gupta LONDON, Feb 4 (Reuters) - Britain's benchmark share index edged lower on Monday, with a fall in heavyweight telecoms group Vodafone pushing it back from a rally that had taken the market to its highest level in more than four years.

Vodafone fall pushes Britain's FTSE 100 lower

February 4, 2013 04:45
LONDON, Feb 4 (Reuters) - Britain's benchmark share index edged lower on Monday, weighed down by a fall in heavyweight telecoms group Vodafone after investment bank Citi downgraded its recommendation on the stock. The blue-chip FTSE 100 index was down 0.2 percent, or 10.41 points lower, at 6,336.83 points. Vodafone fell 1.5 percent to take the most points off the FTSE 100 index, with traders citing the impact of the Citi downgrade, which cut its rating on Vodafone to "neutral" from "buy".

Vodafone, banks help Britain's FTSE edge higher

January 25, 2013 08:45
* FTSE 100 up 0.1 percent, holds near fresh 2013 highs * Banks helped by LTRO early repayment news * Vodafone boosted again by joint venture sale chatter * Miners weak; Anglo American Q4 production report mixed By Jon Hopkins LONDON, Jan 25 (Reuters) - Gains in banking stocks and market heavyweight Vodafone helped push Britain's leading shares modestly higher on Friday, with the index consolidating around a fresh 4-1/2 year peak.

European shares hit 2013 peak, buoyed by Germany

January 24, 2013 14:30
* FTSEurofirst closes up 0.3 pct at new 2013 closing high * Euro STOXX 50 rises 0.5 pct * Nokia falls 5.5 pct after company axes dividend * Strong German data buoys DAX, overall sentiment By Sudip Kar-Gupta LONDON, Jan 24 (Reuters) - European shares hit their 2013 peak on Thursday as signs of growth in economic powerhouse Germany strengthened expectations that the region's sovereign debt crisis may be easing.
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