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Stock Market & Financial Investment News

News Breaks
January 28, 2013
08:47 EDTVOD, FTE, TEFVodafone led-group criticized for missing report deadline, Telegraph says
After Vodafone (VOD) was widely criticized for shutting down its Egyptian network during an uprising, the company formed a cross-industry group that set an end 2012 deadline to publish proposed standards for operating in different countries without violating human rights. After missing that deadline, lobby group Access has railed against Vodafone and project partners including Telefonica (TEF) and France Telecom (FTE), calling their behavior “unacceptable,” reported The Telegraph. Reference Link
News For VOD;TEF;FTE From The Last 14 Days
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February 4, 2016
06:28 EDTVODVodafone confirms FY16 guidance
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06:26 EDTVODVodafone reports Q3 group revenue GBP 10.28B
Reports Q3 group service revenue GBP 9.17B, down 6.3% on a reported basis and up 2.6% on an organic basis. Reports Q3 group organic service revenue up 1.4% vs. 1.2% in Q2.
February 2, 2016
08:37 EDTVODVodaone confirms talks with Liberty Global for creation of Netherlands JV
Following recent media speculation, Vodafone (VOD) confirms it is in discussions with Liberty Global (LBTYA) regarding the creation of a joint venture in the Netherlands that would incorporate both companies' local operating businesses. The discussions are ongoing and do not extend beyond the creation of a joint venture in the Netherlands. There is no certainty as to when or whether any transaction will be agreed.
08:23 EDTVODVodafone in talks with Liberty Global for JV in Netherlands, Bloomberg says
07:29 EDTVODVodafone, Liberty Global resume talks on possible asset swaps, Bloomberg reports
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January 29, 2016
06:31 EDTTEFTelefonica to take $3.2B hit for early retirement plan, Bloomberg says
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06:31 EDTTEFTelefonica to take $3.2B hit for early retirement plan, Bloomberg says
Telefonica plans to offer employees early retirement in a plan that will cost $3.2B upfront while saving money over the long-term in an effort to reduce debt, Bloomberg reports. The Spanish telephone company will open the plan right away to certain employees and will report the $3.2B charge as part of its Q4 results next month, the report says, citing a regulatory filing. The move is expected to save an average of EUR370M annually beginning in the second year of the plan, the report says. Reference Link

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