BT's valuation 'sufficiently attractive to turn positive' despite dividend fears, says Berenberg
Berenberg raised its rating to ‘buy’ from ‘hold’ but cut its target price to 310p from 320p
Company
BT Group PLC
LON:BT.A
Operating in over 170 countries, BT is one of the world’s leading providers of communications solutions and services.
850 stories · page 7 of 9
BT shares jump as Ofcom eases price controls on Openreach
BT is likely to face renewed pressure to expand its fibre broadband upgrade across Britain
BT receives Deutsche Bank upgrade after shares fall
Deutsche Bank has upgraded the stock to ‘hold’ from ‘sell’ but left its target price unchanged at 248p
BT to sell cable-making unit as it focuses on main businesses
BT Cables is the Manchester-based unit within BT Wholesale that supplies the group’s network subsidiary Openreach with fibre-optic and copper cables
Sky’s ‘bargain’ Premier League rights deal could leave investors wanting more money from Murdoch
Positive investor sentiment today helped Sky shares rise above the proposed Fox takeover price
Investments and investor services
FTSE 100 ends in positive territory with precious metals miners leading the way
The blue-chip index closed at 7,214, up 46 points on the day
Sky and BT to pay £4.464bn for Premier League football broadcast rights
The price tag is less than what the two broadcasters had paid out in the last bid – when they paid a total of £5.136bn to screen 168 games
Investments and investor services
FTSE 100 heats up as defensives are given the cold shoulder
The index of blue-chip shares eased off a little in the final half-hour
TalkTalk in price war with Vodafone and BT Group, analysts warn
Goldman Sachs and RBC Capital cut their target price on TalkTalk while Numis put the stock under review
Speculation grows that Amazon could land Premier League TV rights
Amazon could show a round of Premier League fixtures simultaneously online, if it wins broadcast rights in today's auction
BT's costs could balloon if Amazon enters race for Premier League rights auction
Amazon and Netflix are rumoured to be taking part in the next bidding round for the rights to broadcast the Premier League
Purplebricks heads lower as row erupts between online estate agent and US broker
Some of the main news-driven risers and fallers in London on Friday...
BT's quarterly profits fall as costs continue to rise but full year guidance unchanged
BT has confirmed it will appeal the High Court's decision to reject its bid to link pension payments to a lower measure of inflation
FTSE 100 slides as dollar rallies on expectations of a March rate hike by the Fed
US workers' pay increased 2.9% year-on-year, compared to expectations of a 2.6% increase.
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Day ahead: BT and AstraZeneca quarterly earnings, US non-farm payrolls
The day ahead includes quarterly earnings from BT and AstraZeneca as well as the US non-farm payrolls report
BT's Openreach to connect fibre broadband into 3mln premises by 2020
Openreach will recruit 3,000 engineers this year for the first phase of the roll-out of fibre broadband
Investments and investor services
FTSE 100 closes in red but broadcaster ITV shines
Footsie finished down over 43 points at 7,490, while FTSE 250 was also lower - down around 58 points at 20,185.
BT facing regulatory hurdles and uncertainty over costs, says Berenberg
Berenberg repeated a 'hold' rating on BT but cut its target price to 320p from 325p while reiterating a 'buy' rating on rival Vodafone and lifting its target price to 253p from 240p
FTSE 100 closes higher, just, with miners in support
The FTSE 100, dragged higher by the miners, got off to a strong start today, but closed juts about six points higher
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Unilever among the quality blue chip updates scheduled, but Fed meeting and US jobs data more important
Week ahead includes updates from FTSE 100 AstraZeneca PLC, BT Group PLC, Royal Dutch Shell PLC, and Unilever PLC, plus a Federal Reserve meeting and January US jobs data
BT to report drop in third quarter earnings as Premier League rights auction looms
BT publishes its third quarter results on February 2
BT rallies as UBS keeps 'buy' rating despite 'disappointing' pension news
UBS maintained its ‘buy’ rating and target price of 330p on BT
Investments and investor services
FTSE 100 closes in red amid low volatility
The FTSE 100 closed around 15 points lower - at 7,715
BT considers appeal on court ruling against plan to change index for pension rises
BT is "disappointed" the High Court has ruled that it cannot change the index the company uses to calculate pension rises
Carillion collapse puts contracts at risk but presents opportunities for sector peers
Carillion's contracts, joint venture partners and lenders are hanging in the balance after confirming its collapse
Numis reiterates ‘buy’ rating on BT as it believes consensus forecasts are “likely to start climbing"
The broker's analysts said they think the consensus expects no volume growth post an Ofcom price cut, which the analysts think is “unrealistic”
FTSE 100 closes in red as UK manufacturing growth slows more than expected
The FTSE 100 gave up some of the gains made on its recent record-breaking run, with the pound's rise partially to blame
FTSE 100 stocks you should have bet your house on in 2017
Look at what you could have won...borrowing Bullseye host Jim Bowen's catchphrase, stock-picker-in-residence John Harrington looks at the winners (and losers) of the blue-chip index
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Nothing much aside from indigestion on the post-Christmas agenda, but the New Year will bring Next's update and US jobs data
The next two weeks will be dominated by the Christmas and New Year holidays, of course, so investors will have to wait a while for the excitement of a trading update from Next PLC and the latest US report until the first week of 2018
Past year unkind to BT after regulatory crackdown, says Deutsche Bank
In 2017, BT cut prices, paid a record fine to Ofcom and legally separated from its Openreach arm following a clampdown by the telecoms watchdog
BT to spend more than planned in improving broadband speeds, says Deutsche Bank
The government has rejected BT's voluntary offer to improve broadband speeds in rural Britain
BT voluntary offer to improve broadband speeds rejected by government
The government has decided that "only a regulatory approach will make high-speed broadband a reality for everyone in the UK"
BT and Sky may play nice in next Premier League rights bid, UBS suggests
BT and Sky's content sharing deal removes risks over the next bidding round for the broadcasting rights to Premier League football, UBS said
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Little stuffing for the turkeys in final trading week before Christmas, and beyond
The corporate news diary is, not unsurprisingly, almost completely empty, while the macro calendar is also pretty Spartan aside from two CBI surveys and final UK GDP data
BT shares gain on deal with rival Sky to supply each other's TV channels
BT and Sky have teamed up after a long time of going head-to-head to securing the broadcasting rights to Premier League and Champions League football
FTSE 100 ends at high point of the day but just short of 7,500
A slump in the value of the pound was, as usual, a signal for investors to pile into FTSE 100 stocks
BT Group boosted by UBS upgrade to ‘buy’ from ‘neutral’ with increased price target
UBS’s analysts said the increase in rating and target was driven primarily by a lower pension deficit estimate at £6.5bn gross versus consensus of £11bn-£12bn
Barclays Capitals cuts targets, estimates for BT Group and TalkTalk in European sector review
The bank’s analysts reduced their target price for BT to 350p from 420p, albeit with the shares currently changing hands at 263.95p each, up 0.5% or 1.2p on last night’s close
BT Group "extremely disappointed" as judge orders it to pay €1.8mln damages to ex-Italy boss
Gianluca Cimini was fired for disciplinary reasons last year, but then BT filed a criminal complaint accusing him of grave violations of corporate governance..
Morgan Stanley thinks BT shares look “cheap on a sum-of-the-parts valuation” but “cautious about stepping in too early"
In a note to clients, the US investment bank maintained its ‘equal-weight’ rating on the blue chip telecoms giant but cut its price target back to 290p from 320p
Cyber Monday: Amazon, BT and Argos among big brands to slash prices
Amazon is holding so-called ‘Lightening Deals’ while BT is offering discounts on broadband packages
Numis remains “very bullish” on BT, leaving its rating at ‘buy’ and target price at 400p.
Independent Openreach must be economically rational and act to benefit its 500+ communication provider clients to overbuild alternative networks and Virgin Media
BT Group has failed to grasp the fibre nettle, says Deutsche Bank
BT Group's target price has been cut by Deutsche Bank, with the broker asserting competitive threats are not fully appreciated.
Banks higher ahead of next week’s stress tests results on FCA Libor support news
A look at some of the biggest risers and fallers today in London
FTSE 100 close down as sterling firms and retailers disappoint
Around 3.10pm, the FTSE 100 index was down about 6 points at 7,411, below the day’s peak of 7,425.19, but above the low of 7,389.54
Eckoh swings to first-half profit as US growth boosts revenues
Eckoh has left its expectations for the second half unchanged
BT Group to invest in ‘ultrafast’ broadband in Northern Ireland
The network will be able to download a HD movie in about 25 seconds
Investments and investor services
FTSE 100 joins global sell-off to close lower
Data out yesterday suggested Chinese industrial production growth is starting to slow, which is bad news for miners, but Fresnillo topped Footsie today
Lite Access Technologies hails 'transformational' contract with Carillion talent for superfast fibre rollout in Wales
"The UK is a critical market for Lite Access.....," said Mike Plotnikoff, chief executive a Lite Access.
BT shares lower as regulator unveils automatic compensation plan
Currently, compensation is paid out in only about 15% of cases, it was reported
BT shares dip as Credit Suisse cuts target price and earnings forecasts
Credit Suisse continues to predict capital expenditure will rise by £3.4bn per year
BT will not cut its dividend despite concerns over rising costs, says Numis
Numis left its rating on BT at ‘buy’ and raised its target price to 400p from 390p
BT: London arm of Deutsche Bank pulls few punches with 'sell' recommendation
It damned the telco with faint praise by saying Thursday’s third-quarter results were ‘okay’
BT shares slip back as sports rights costs drag on second quarter profits
BT said its progressive dividend policy remains unchanged as first half results were in line with expectations
FTSE 100 finishes a whisker from record high as BoE points to gradual rate hike
The FTSE 100 closed out Thursday up around 67 points at 7,555.
Can Shell get as good a reaction as BP Plc when it reports on Thursday?
Shell is due to release interim results on Thursday, but, will there be much to shout about.
BT Group's Openreach dangles prospect of blazingly fast broadband throughout the UK
In a nutshell, the story is: yeah, we can do it, but who is going to pay for it?
Archive
Interest rate decisions in the UK and US could spook investors in Halloween week
Week ahead includes interest rate decisions from the Bank of England and the US Federal Reserve, as well as updates from HSBC, BT, Next, BP, and Royal Dutch Shell
BT Group says 1mln customers without broadband to get substantial line rental price cut after Ofcom agreement
The FTSE 100-listed telecoms group said: “We have listened to the concerns of our line-only customers and agreed to reduce the price of line rental for them by £7 a month, or £84 a year, which means they will only pay £11.99 a month for sta
No doubt BT is a value play, but watch out for a dividend cut in next week’s Q2 update
Jefferies isn’t a fan of the telecoms giant, with both internal and external factors weighing on the business
Government intervenes in dispute between BT's Openreach and Ofcom over wholesale prices
Openreach has argued Ofcom’s planned charge controls would undermine its ability to invest in new ultra-fast broadband infrastructure
FTSE 100 near flat at close after quiet day's trading
Around 4pm, the UK blue chip index was up about 8 points to 7,531
BT to offset fibre investment costs with cut to pension liabilities, says Barclays
Barclays has repeated an 'overweight' rating and target price of 450p on BT
BT Group faces higher capital expenditure and loss of wholesale customers, says Citigroup
Citgroup has downgraded its rating on BT Group and TalkTalk
FTSE 100 closes in negative territory as pound strengthens
The FTSE 100 index closed 14.98 down at 7,507, above the day’s low of 7,496.14, and well below the opening high of 7,523.65
Morgan Stanley thinks “dividend sustainability appears the main risk” currently for BT Group
The US bank's analysts said they think there is around a 30% downside risk to the dividend, with BT’s management in May having dropped its commitment of "at least 10% growth" in the payout to "progressive" growth
BT Group remains undervalued, says an upbeat Numis
Numis recent hosted an investor meeting with chief executive Gavin Patterson
BT could benefit as Ofcom displays softer stance on regulatory plans, say analysts
Ofcom has demonstrated muddled thinking on its plans to cut Openreach's wholesale prices, Numis said
BT Group’s Openreach subsidiary reportedly in talks with Vodafone about a joint investment in new ultrafast fibre-optic broadband
The Daily Telegraph said the two companies are in what are described by industry sources as “early but serious” discussions about coming to build large-scale new infrastructure to replace ageing copper phone lines
BT boss Gavin Patterson called to resign by top shareholder over Italian accounting scandal
BT was forced to pay out £225mln to avoid a court battle with Deutsche Telekom and Orange over the Italian accounting scandal
FTSE 100 plunges on North Korea fears
The FTSE 100 finished 108 points lower at 7,390, about 13 points above its intra-day low
BT well placed to pay growing dividend over coming years, says Barclays Capital
Barclays has repeated an ‘overweight’ rating and target price of 450p on BT Group
Talk of BT's dividend being under threat is wide of the mark, says Numis
Numis expects Ofcom to row back from its plans to force BT's Openreach subsidiary to cut prices it charges rivals for access
Amazon aces Sky in tennis to win exclusive rights to ATP World Tour
Sky has been backing away from tennis and instead investing its energy in securing the rights to Premier League
BT should sustain cash flows and dividends after Openreach separation, says Barclays
Barclays Capital has repeated an 'overweight' rating and target price of 450p on BT Group
Charges 'mounting' up at BT, but it may not be all doom and gloom
The closely followed UK telecoms giant was the top loser on Footsie today, as its shares sank over 3%
BT Group shares down as it posts big drop in headline profits after further Italy charge, underlying fall as expected
For the first quarter to June 30, the FTSE 100-listed firm reported a 42% fall in pretax profit to £418mln after taking a £225mln charge in the quarter related to the Italy accounting scandal
FTSE 100 fagged out as US Food and Drug Administration targets nicotine levels in cigarettes
Despite the beating meted out to IMPs and BATs, the Footsie rallied in the last half hour to trim its heavy losses
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BT Group update eyed after regulatory reprieve; legacy issues key for Barclays
Day ahead: First quarter update from BT Group PLC, second quarter results from Barclays PLC ...
BT shares gain after Ofcom forced to revisit rules on broadband market
Telecoms regulator Ofcom said it is disappointed with a judge-led panel's ruling that it made errors in drawing up regulation designed to protect competition and improve broadband speeds
BT Group to get shake-up when new chairman arrives believes Macquarie
A trading update is due Friday and good trends for mobile network EE and its business division should be among the highlights
TalkTalk slides as revenues drop, but full year guidance is unchanged
TalkTalk has left its full year earnings guidance unchanged and expects revenue growth despite a weak first quarter
Exane BNP Paribas thinks BT Group remains “a conviction short" given significant dividend risk
The French broker's analysts now expect a pension deficit of £12.4bn, up from their previous estimate of £8.8bn estimate, and as a result cut their target price for BT by 20p, to 240p from 260p
Macquarie lifts target price for BT Group on fibre investment moves; cuts TalkTalk rating
The broker raised EPS forecasts for BT by around by 1% and upped its target price by 3%, to 340p from 330p, reiterating an ‘outperform’ rating on the stock
Archive
Rookie Investor: If you’re under 40, why haven’t you opened a Lifetime ISA?
Of course if you’ve already done so, this article probably doesn’t apply to you…
BT rallies on regulator's plans to monitor broadband arm Openreach
The regulator wants to see a ‘step-change’ in the quality of service
Archive
Tough choices lie ahead for BT Group, can management make the right ones
Shareholders will get their chance to ask for themselves tomorrow at the company’s annual meeting
Archive
Burberry to see modest Q1 sales growth as luxury market struggles for momentum
Day ahead: Trading updates from Burberry Group, Barratt Developments ...
TalkTalk replaces CFO Iain Torrens with Dixons Carphone executive in reshaping of top team
TalkTalk is shaking up its senior management team after its chief executive stepped down, warning full year earnings would decline
Auditor PwC to be investigated over BT 's Italian accounting fraud
The FRC said the decision was prompted by “announcements by BT in relation to accounting issues in its Italian operations”.
BT shares move higher as Macquarie moves to ‘outperform’
Following the share price slide this month, analyst Guy Peddy thinks the stock’s valuation is now attractive
BT Group unveils phone box of the future featuring super-fast free Wi-Fi
Internet access will be faster than a speeding bullet
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One year on: BT, Royal Mail and ITV among worst-hit FTSE 100 stocks since the Brexit vote
A weaker pound following the Brexit vote has given the FTSE 100 and other UK indices a boost in the year since the Britain voted to leave the European Union
BT confirms purchase of £200mln worth of shares dumped by rival Orange
Orange acquired the stake when it sold its half of UK mobile group EE to BT in 2016.
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The Rookie Investor: Learning not to get caught in the value trap
Sometimes a cheap stock is cheap for a reason, not just because it’s good value…
Berenberg downgrades rating for TalkTalk in note flagging up uncertainties in the UK telecoms and broadband sector
The broker’s analysts cut their stance on the FTSE 250-listed firm to ‘sell’ from ‘hold’ after chopping its target price by 37%, to 140p from 224p
FTSE 100 finishes lower amid UK political uncertainty and US tech sell-off
Around 8.45am, the UK blue chip index was about 24 points lower at 7,503, having gained around 1% on Friday after international stocks benefited from sterling’s falls
Morgan Stanley downgrades BT Group's rating amid worries about its future dividends
In a note to clients, the US bank downgraded its stance for the FTSE 100-listed firm to ‘equal-weight’ from ‘overweight
Jefferies cuts BT target price to reflect dividend concerns amid issues over its pension funding
The US broker has cut its target price for BT shares to 280p from 325p, while retaining a ‘hold’ rating on the stock
Amazon's new pay TV service in UK poses threat to Sky, BT and Virgin Media
Amazon Channels is set to launch in the UK following its success in the US