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Top related persons:
“ - 2 Yates - 2 stockbrokers Hargreaves Lansdown - 2 Swisscom - 1 Christoph Aeschlimann - 1 Margherita Della Valle - 1 ” - 1 Sophie Lund - 1
Top related locs:
London British Italy Hungary Ghana Zurich Latin America Caribbean
Top related orgs:
Vodafone - 1 Fastweb - 1 Vodafone Italia - 1 Diageo PLC - 1 Guinness - 1 Asia Pacific - 1 Diageo - 1 stoke - 1

Search resuls for: "stockbrokers Hargreaves Lansdown"


2 mentions found


☆ Britain's Vodafone Confirms Sale of Italian Arm to Swisscom for $8.7 Billion
  + stars: | 2024-03-15 | by ( Associated Press | March | At A.M. | ) www.usnews.com   time to read: +2 min
LONDON (AP) — British cellphone company Vodafone confirmed Friday that it is selling its Italian business to Switzerland’s Swisscom for 8 billion euros ($8.7 billion) and will hand back half of the proceeds to its shareholders through the buyback of company shares. Swisscom, a telecoms operator, will pay in cash that it will finance through new debt. "Fastweb and Vodafone Italia are an ideal fit to create high added value for all stakeholders." Swisscom will pay annual initial charges of 350 million euros, which is expected to decrease over time. ”Its refreshed strategy also has seen it seek to merge its U.K. business with Three U.K. to create Britain’s biggest mobile phone network worth around 15 billion pounds ($19 billion).
Persons: Swisscom, Christoph Aeschlimann, Margherita Della Valle, “, ”, Sophie Lund, Yates, stockbrokers Hargreaves Lansdown Organizations: Vodafone, Fastweb, Vodafone Italia Locations: British, Italy, Hungary, Ghana, London, Zurich
☆ Drinks Giant Diageo Sees Share Price Slide After Warning About Sales in Caribbean and Latin America
  + stars: | 2023-11-10 | by ( Associated Press | Nov. | At A.M. | ) www.usnews.com   time to read: +2 min
LONDON (AP) — Spirits and beer giant Diageo PLC saw billions wiped off its market value on Friday after it warned that a sharp slowdown in its business in Latin America and the Caribbean was hitting sales and potential profits. It blamed a “materially weaker” outlook in Latin America and the Caribbean as a result of “macroeconomic pressures" and customers downtrading to cheaper products. The region accounts for around 11% of Diageo's total sales. The group highlighted that it still expects an improvement in growth in North America, while its businesses in Europe and Asia Pacific witnessed “continued momentum,” though slower than the previous half-year. “It has impacted results for the region since we have stopped trading in some parts," he said.
Persons: Johnnie Walker, Morgan, “, Debra Crew, ” Sophie Lund, Yates, stockbrokers Hargreaves Lansdown Organizations: Diageo PLC, Guinness, Asia Pacific, Diageo, stoke Locations: Latin America, Caribbean, London, America, North America, Europe, Asia, Gaza
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