By Chris Bailey, Financial Orbit | Saturday 6 June 2015
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I read on the internet that ‘the Vodafone logo was designed in 1997 by Saatchi & Saatchi. The colour is red (Pantone 485)’. Well then yesterday there are Pantone 485 coloured faces amongst certain professional investors, as the FTSE-100 giant Vodafone (VOD) said in a regulatory statement today that it was ‘not in discussions with Liberty Global concerning a combination of the two companies’. At the time of writing this knocked a couple of percentage off Vodafone’s share price which now sits over five percent off its multi-year high of a week or two ago.
Already a subscriber? Click here to sign in
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Search ShareProphets |
Stock market news |
Recent Comments |
Site by Everywhen