Market Pulse
Compass enjoys sweet start as Europe improves
As growth in North America remains strong and Europe improves, catering group Compass served up a sweet start to the year, with sales growth increasingly slightly and margins expectations for the 2016 maintained.
Vodafone still stabilising in third quarter
Vodafone was still looking to stabilise its operations in the third quarter of the year, posting some organic growth but reported contractions, with particular struggles in Europe.
London pre-open: Stocks seen higher as oil prices rise; eyes on BoE
London stocks are expected to open in the black on Thursday following a rally in oil prices.
Thursday newspaper round-up: Hutchison, house prices, Sports Direct, SSE
Mobile phone prices for tens of millions of UK customers would be frozen for five years as part of a £5bn investment drive by Li Ka-shing’s CK Hutchison to win over competition watchdogs to its £10. 5bn acquisition of O2. The merger of Hutchison’s Three and O2 would create the country’s largest mobile group, with control over about 40 per cent of the market. That has raised concerns among regulatory authorities in the UK and Brussels, who worry that reducing the number of mobile operators from four to three could lead to skyrocketing prices and falling investment.