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Vodafone Group PLC

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  • Verizon misses Street 3Q forecasts Tuesday, 21 Oct 2014 | 7:42 AM ET

    NEW YORK— Verizon Communications Inc. on Tuesday reported lower net income but higher revenue in its third quarter, helped by strong wireless subscriber growth and demand for its FiOS Internet services. Verizon, which bought out its wireless division from British cellphone carrier Vodafone Group earlier this year, said it added 1.5 million net retail...

  • *Sees 5.6- 5.8 billion euro operating profit in 2014. FRANKFURT, Oct 20- German software maker SAP cut its 2014 operating profit forecast on Monday as customers shifted faster than expected to products delivered over the Internet, delaying when those orders can be booked as sales. SAP said it now expects 2014 operating profit, excluding some special items, of 5.6...

  • *Vodafone's New Zealand move is model for cable strategy. LONDON, Oct 14- For those investors questioning the potential of Vodafone's 12 billion pound move into the European cable business, the company's experience in New Zealand shows what can be achieved. The conditions Vodafone had faced in New Zealand were not unlike those confronting it today in its big...

  • NEW YORK, Oct 10- Blackstone Group LP said on Friday it would spin off its advisory units into a company headed by star Wall Street investment banker Paul Taubman, to avoid potential conflicts of interest in the sprawling private equity empire. The new publicly traded company could be valued at $1 billion to $2 billion, a person close to Blackstone said.

  • Oct 10- Blackstone Group LP said it would spin off its M&A, restructuring and private equity fundraising advisory businesses to avoid conflicts, combining them with the advisory firm of Morgan Stanley investment banking veteran Paul Taubman. Blackstone's advisory businesses being spun out account for a tiny fraction of the New York firm's earnings,...

  • Oct 10- Blackstone Group LP said on Friday it would spin off its M&A, restructuring and private equity fundraising advisory businesses and combine them with the financial advisory firm of Morgan Stanley veteran Paul Taubman, in a move to avoid conflicts. Taubman, who left Morgan Stanley in 2012, has been behind some of the biggest deals of the past few years,...

  • NEW YORK, Oct 9- U.S. stocks slid on Thursday, erasing the previous session's sharp rally, on lingering concern about the strength of the global economy and after a Federal Reserve official said market views on rate hikes are at odds with the central bank's. St. Louis Federal Reserve Bank President James Bullard said the disconnect between the market's view on the...

  • LONDON, Oct 7- Telecom operator Swisscom is considering a possible sale of its Italian broadband firm Fastweb, which is worth up to 5 billion euros and has been a target for Vodafone, sources familiar with the situation said. The Swiss majority state-owned firm, which has already rebuffed several takeover approaches from Vodafone for Fastweb, is now working with...

  • *Reported 2013 loss of 91.5 mln stg vs 2012 loss of 34.4 mln stg. FRANKFURT, Oct 6- Telecoms company Truphone will forge ahead with rapid expansion of its ground-breaking new business model, its chief executive said on Monday, as it seeks to reverse deepening losses stemming from heavy investment in the reinvention of its global network. "We are doing away with the...

  • LONDON, Sept 25- GlaxoSmithKline said on Thursday it had chosen Philip Hampton, who currently chairs Royal Bank of Scotland, as its next chairman. GSK was hit last week by a record $489 million fine in China for bribing doctors and has warned on profits in 2014 due to weak sales of its core respiratory drugs.

  • LONDON, Sept 24- Drugmaker GlaxoSmithKline will this week name Philip Hampton, who currently chairs Royal Bank of Scotland, as its next chairman, a person close to the process said on Wednesday.

  • LONDON, Sept 22- GlaxoSmithKline may have closed one chapter in a saga of corruption allegations by accepting a $489 million fine in China, but the drugmaker has its work cut out to win back sceptical investors.

  • LONDON, Sept 16- New international tax rules proposed on Tuesday could eliminate structures that have allowed companies such as Google Inc and Amazon.com Inc to shave billions of dollars off their tax bills.

  • LONDON, Sept 16- Plans for a major rewriting of international tax rules unveiled on Tuesday could eliminate structures that have allowed companies like Google Inc and Amazon.com Inc to shave billions of dollars off their tax bills.

  • *Netflix moves fast in France on content, data centre. PARIS, Sept 15- Netflix will focus on ramping up in six new European markets in the next year, including France and Germany, before taking the video streaming service to additional countries, its chief executive said in an interview.

  • Phones 4u seeks administrator on EE contract loss Monday, 15 Sep 2014 | 1:18 AM ET
    Audience members use their cellphones to record a concert in New York City.

    Phones 4u said it is seeking the appointment of administrators after its key partner EE said it would not be renewing its network agreement.

  • Midday Movers: Taminco, Kroger, BlackBerry & more Thursday, 11 Sep 2014 | 12:30 PM ET

    Take a look at some of Thursday's midday movers:

  • However, a successful sale of the masts would help Vimpelcom cut Wind's debt, which stood at 9.6 billion euros in June and has so far proved one of the hurdles to a proposed merger with 3 Italia, the smallest of the country's four network operators behind Telecom Italia, Vodafone and Wind, the sources said.

  • Futures rise on hopes of Ukraine 'cease-fire' Wednesday, 3 Sep 2014 | 8:36 AM ET

    U.S. stock index futures and European indexes traded higher on Wednesday amid the possibility of a "cease-fire" between Russia and Ukraine.

  • Early movers: TOL, CVS, NFLX, VOD, X, HELE & more Wednesday, 3 Sep 2014 | 7:43 AM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of the names on the move ahead of the open.