Europe Market Report 8/22/2007
Market in Europe were up at 7 AM New York time. The FTSE rose 1.1% to 6,151. BT (BT) was down 3% to 302.75. Invesco was up 4.3% to 607. Vodafone (VOD)…
Market in Europe were up at 7 AM New York time. The FTSE rose 1.1% to 6,151. BT (BT) was down 3% to 302.75. Invesco was up 4.3% to 607. Vodafone (VOD)…
Vodafone (VOD) had some shareholders who wanted the company to sell part of its stake in Verizon Wireless back to majority owner Verizon (VZ). VOD management made the argument that the wireless…
According to Reuters, GM (GM) sees revenue in Latin America, Africa, and the Middle East growing by several billion a year for the next several years. Reuters writes that Toyota (TM) believes…
It must be humiliating for MTV and RealNetworks (RNWK) to say they will compete with Apple (AAPL) iTunes and watch the AAPL shares spike up almost 6% to $129. RNWK were up…
Markets in Europe were slightly down at 6.40 AM New York time. The FTSE fell .3% to 6,058. Barclays (BCS) fell 1.6% to 624.5. Vodafone (VOD) rose .4% to 155.9. The DAXX…
MTV, a division of Viacom (VIA) is teaming up with RealNetworks (RNWK), the music distribution company, to compete with the Apple (AAPL) iTunes product. The new offering will have the MTV marketing…
According to Reuters, Countrywide (CFC) sought to calm investors about it future as it laid of mortgage workers. Reuters reports that Nasdaq’s (NDAQ) failure to buy the London Stock Exchange makes it…
Markets in Europe were off sharply at 6.25 AM New York time, with some down over 3%. The FTSE fell 2.6% to 5,951. British Air (BAB) was of 5% to 382.35. Vodafone…
Markets in Europe were mixed at 6.45 AM New York time. The FTSE was up .2% to 6,232. BT (BT) rose 1.1% to 311.5. Vodafone (VOD) moved up 1.4% to 160.5. The…
Markets in Europe were broadly higher at 6.40 AM New York time. The FTSE rose 8% to 6,349. BHP Billiton (BHP) was up 1.8% to 1388. Vodafone (VOD) rose .3% to 158.8.…
Vodafone (VOD) will not sell part of its 45% stake in Verizon Wireless to Verizon (VZ) for $10 billion. It has the contractual right to do so, but that ends this week.…
According to Reuters, Cisco (CSCO) announced quarter profits and a forecast that topped expectations. Reuters writes that Vodafone (VOD) will keeps its 45% of Verizon Wireless. The Wall Street Journal writes that…
Market in Europe were higher at 6.15 AM New York time. The FTSE rose 1.3% to 6,271. Prudential (PUK) was up 2.8% ot 704.5. Vodafone (VOD) was up 1.6% to 157.1. The…
AMTD raised to Buy at UBS.ANN raised to Hold at Citigroup.AUTH started as Overweight at Lehman; started as Outperform at Bear Stearns.CVH raised to Neutral at B of A.CFR raised to Outperform…
Verizon Wireless, owned by Verizon (VZ) and Vodafone (VOD), bought Rural Cellular (RCCC) for $45 share and assumed the small company’s debt. RCCC has 716,000 customers. Verizon saved the Rural Cellular shareholders…