|Bid||177.30 x 0|
|Ask||177.32 x 0|
|Day's range||169.51 - 177.40|
|52-week range||157.67 - 268.60|
|Beta (3Y monthly)||0.79|
|PE ratio (TTM)||8.20|
|Forward dividend & yield||0.15 (9.01%)|
|1y target est||284.59|
Britain's blue-chip index dropped on Monday as non-oil stocks took a hit from mounting geopolitical risks and growth concerns after crude prices rose due to the attacks on Saudi Arabian production facilities. The FTSE 100 slipped 0.6% overall, but a 4% gain in BP and 2% in Shell kept a lid on losses. The FTSE 250 was down 0.7%.
Looking at BT Group plc's (LON:BT.A) earnings update in June 2019, analyst consensus outlook seem pessimistic, with...
Shares in telecoms giant BT Group - Class A Common Stock (LON:BT.A) look cheap, but will they ever recover? Rupert Hargreaves looks into the company's prospects.
(Bloomberg) -- Sales of new bonds in Europe will pass 1 trillion euros ($1.1 trillion) on Thursday, earlier in the year than ever before as companies take advantage of ultra-low borrowing costs ahead of potential year-end volatility to raise funds.BT Group Plc, Continental AG and Snam SpA joined the deluge on Thursday, fanning what may be the busiest week for corporate issuance since March 2018. The day’s 13 offerings marketwide will also likely lift sales for the year above 1 trillion euros, about six weeks earlier than last year and two weeks quicker than 2017’s record, according to data complied by Bloomberg.Corporate treasurers may have rushed forward sales plans after the summer slowdown as they weigh looming risks including Brexit uncertainty, trade wars and growing recession fears. Euro investment-grade borrowing costs are also below 0.3% even after creeping up from a record-low 0.23% last week, according to a Bloomberg Barclays index.“Very easy funding conditions” are luring borrowers to the market, said Viktor Hjort, global head of credit strategy at BNP Paribas SA. “Brexit may be a factor, but only to bring forward already planned funding.”The 2019 sales boom has run since January, when high-grade euro corporate deals surged 50% from a year earlier. Marketwide volume topped 221 billion euros, according to Bloomberg data. The best start to a year since at least 2014 was partly due to Brexit, which was then scheduled for March.Borrowing costs have declined this year due to economic concerns sparking expectations for possible central-bank easing. That’s helped fuel a rebound in U.S. borrowers selling euro notes including jumbo deals from Medtronic Plc and Fiserv Inc. in June, and from Danaher Corp. and AT&T Inc. this week. Another may soon follow as Schlumberger Ltd. has mandated a three-part euro sale.BT, Snam and Blackstone Property Partners Europe Holdings Sarl are all offering two-tranche deals on Thursday that will raise at least 1 billion euros apiece. BT is marketing six-year and 10-year notes, with initial pricing talk on the longer tranche at about 155 basis points over midswaps, according to a person familiar with the matter, who asked not to be identified because they’re not authorized to speak about it.\--With assistance from Tasos Vossos.To contact the reporter on this story: Hannah Benjamin in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Vivianne Rodrigues at email@example.com, Neil Denslow, Hannah BenjaminFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Britain's Dixons Carphone on Thursday reported another big fall in mobile phone sales in its latest quarter, though it maintained its financial guidance for the full 2019-20 year. The group, which trades as Currys, PC World and Carphone Warehouse in the UK, said like-for-like sales in its UK & Ireland mobile phones division fell 10% in the 13 weeks to July 27, its fiscal first quarter. Dixons Carphone has been hurt by a shift in the mobile phone market as customers keep their handsets for longer, choose cheaper SIM-only deals, and turn to more flexible credit-based offers.
Vodafone UK is seeking to overturn a move by regulator Ofcom to relax restrictions on how much BT can charge for business fibre connections, saying it will result in higher bills for companies, universities and hospitals. Ofcom had already eased price regulation in central London in a review in 2016, saying BT did not have significant market power. It has now relaxed the restrictions in other cities where BT faces two or more rivals, such as Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester.
Britain will make a decision on whether to allow China's Huawei equipment to be used in its 5G networks in the autumn, the digital minister Nicky Morgan said. "We've got to make sure that this is going to be a decision for the long term, making sure that we keep all our networks secure." (Reporting by Kate Holton.
I think these two FTSE 100 (INDEXFTSE:UKX) shares could deliver improving outlooks after contrasting recent performances.
Looks like ECB chief Mario Draghi will have to deliver it this time with July minutes reassuring a package was coming and expectations running high from research houses at big banks predicting significant easing in September. In July, markets rallied on Draghi's dovish stance but pulled back sharply after his conference, when he said a rate cut was not discussed during that monetary policy meeting.
BT Group - class A common stock (LON: BT-A) shares and Royal Mail Group plc (LON: RMG) shares have both fallen 60%+ over the last three years. Is now the time to buy?
The BT Group - class A common stock (LON:BT-A) share price has been spiralling downward for years, Conor Coyle thinks it can recover.
Britain is accelerating its post-Brexit plans to develop freeports to boost trade, Trade Secretary Liz Truss said on Thursday after meeting with U.S. Secretary of Commerce Wilbur Ross to discuss similar U.S. projects and a U.S-UK trade deal. Truss was due to visit the Port of Newark, New Jersey, one of roughly 300 U.S. freeports, on Friday as part of her first overseas trip after taking office two weeks ago. Freeports, also known as free trade zones, are areas where goods or raw materials can be stored or made into finished goods free of customs duties and taxes before being exported again.
Mining stocks thrust London's main index higher on Thursday after a round of Chinese data dissipated some global growth fears and nickel prices hit a 16-month high amid supply worries, while Hargreaves Lansdown advanced after strong annual results. The FTSE 100, which fell almost 5% in the days after President Donald Trump said he would slap tariffs on more Chinese imports last week, recovered for the second session running and surged 1.2%.