|Bid||16.0200 x 1000|
|Ask||16.0300 x 1800|
|Day's Range||15.9624 - 16.1000|
|52 Week Range||13.5300 - 18.9700|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||11.87|
|Forward Dividend & Yield||0.99 (6.40%)|
|1y Target Est||18.02|
When it became apparent back in May that BT was willing to at least consider selling a stake in its Openreach operation, CEO Gavin Patterson's goal seemed to be to fend off prospective activist investors and keep his job. Patterson is set to be replaced later this year, and Einhorn's hedge fund Greenlight Capital LLC has built a “medium-sized” position in the phone company, according to the Times. While BT shares have rebounded from their low in May, they are still trading at close to their lowest level since 2013.
Greenlight bought shares at an average price of 219 pence ($2.88) and indicated an interest in splitting the broadband network operator Openreach from the telecoms company, the Times said. BT Group closed at 235.9 pence on Friday. Einhorn has sustained substantial losses this year through August at Greenlight’s main hedge fund, losing 25 percent in one of its worst slumps on record.
David Einhorn‘s Greenlight Capital has yet to submit its 13F for the September 30 reporting period, but thanks to the fund’s Q3 investor letter dated October 5, we’re now privy to its biggest moves of the latest quarter, as well as its latest performance figures. On the latter front, a brutal year continued in Q3 […]
Britain’s communications regulator is investigating inaccuracies in mobile coverage claims by BT Group Plc and Vodafone Group Plc. BT’s carrier EE overstated its third-generation wireless coverage in predictions provided to the regulator, particularly in rural areas, Ofcom said Tuesday in a statement. Vodafone, in contrast, understated its 4G coverage, especially in rural areas, Ofcom said.
Investors pursuing a solid, dependable stock investment can often be led to BT Group plc (LON:BT.A), a large-cap worth UK£22.19b. Risk-averse investors who are attracted to diversified streams of revenue Read More...
Overall, communication services valuations have rebounded recently, with a market-cap-weighted price/fair value of 0.87, up from 0.82 the quarter before. The sector still trades at the widest discount to fair value within Morningstar's coverage. In the U.S., all eyes are on the Federal Communications Commission as it evaluates the T-Mobile-Sprint merger.
The Morningstar Global Markets Index has risen 4.5% year to date. Weighted by market capitalization, our coverage universe looks slightly overvalued. Communication services looks cheap, while tech and healthcare are pricey.
NEW YORK, Sept. 26, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
LONDON (Reuters) - BT Group is in advanced talks to appoint payment technology provider Worldpay's outgoing co-chief executive Philip Jansen as its new CEO, Sky News reported on Saturday. Worldpay said ...
BT Group is in advanced talks to appoint payment technology provider Worldpay's outgoing co-chief executive Philip Jansen as its new CEO, Sky News reported on Saturday. Worldpay said on Wednesday that ...
BT Group Plc is in advanced talks to name Worldpay Inc.’s joint chief executive officer, Philip Jansen, as its next CEO, Sky News reported Saturday, citing unidentified people familiar with the matter. Jansen has yet to formally accept the role but is expected to do so, Sky said. If talks with Jansen are unsuccessful, other candidates include Olaf Swantee, the former head of BT’s mobile communications unit EE, and Dominique Leroy, the CEO of Proximus SADP, according to Sky.
LONDON, UK / ACCESSWIRE / September 20, 2018 / Pursuant to Rule 203.01 of the New York Stock Exchange Manual, BT (NYSE: BT) announces to holders of its American Depositary Shares that it has filed a Form ...
Sky Plc is backing a push by BT Group Plc to move more Britons onto faster internet services, in a boost to the former monopoly. Sky, which resells internet services from BT’s network unit Openreach, has a new agreement to encourage more of its U.K. customers to take up higher-speed fiber-based connections after Openreach introduced discounts for wholesale customers in July, a spokesman said.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to learn about Return on Equity using a real-life example. BT GroupRead More...
BT Group plc provides communications services worldwide. BT Group’s insiders have invested 368.08k shares in the large-cap stocks within the past three months. It is widely considered that insider buyingRead More...
(Reuters) - BT (BT.L) has approached Informa (INF.L) chief executive Stephen Carter as a possible replacement for Gavin Patterson and is keen to announce a new CEO by the end of October, Sky News reported. ...
BT Group Plc’s hunt for a new chief executive officer offers a rare opportunity to lead a FTSE 100 company. The stock is near a six-year low, with gains under outgoing CEO Gavin Patterson erased following conflict with regulators, an Italian accounting scandal and a lackluster profit outlook.
0916 GMT - Kering posted 32% sales growth in the second quarter, yet the company’s shares tumbled the following day as investors focused on a slight miss at Gucci. say Gucci shows no underlying signs of a slowdown but they still predict a deceleration in 2H due to scale and tougher comparables. “We see catalysts ahead at Gucci brand,” Goldman Sachs says.
Britain's BT Group Plc (BT.L) reported a 1 percent rise in first-quarter core earnings to 1.8 billion pounds thanks to its EE mobile unit and cost savings. The group, which said last month that CEO Gavin Patterson would step down after he lost the faith of shareholders, said it was making positive progress in its turnaround plan. Its core earnings had dropped 2 percent in the previous financial year.
BT Group Plc offered investors some respite from a string of bad surprises as Britain’s former phone monopoly searches for a new chief executive, reporting quarterly results that beat expectations. BT shares were on track for their first earnings-day gain in six quarters after the company reported growth in its consumer business and outgoing Chief Executive Officer Gavin Patterson sought to draw a line under his tense relationship with industry regulators. The carrier, trying to bounce back from an accounting scandal in Italy, has been trying to fix other issues, too: it’s tackled spiraling sports rights costs, mitigated a massive pension deficit and made overtures to improve ties with watchdog Ofcom.
Britain's BT Group said on Tuesday it would encourage telecom operators to move residential and business customers onto faster broadband by offering them long-term discounts on its network. The company, which runs Britain's biggest telecoms network, said the discounts would go beyond the pricing controls set by regulator Ofcom and would be available to any operator that grew its customer base by an agreed proportion. Clive Selley, chief executive of BT's network unit Openreach, said the offer would help Britain's homes and businesses to experience the benefits of faster and more reliable broadband.