Local telecoms monopoly KCOM Group shares fell marginally in late trading on Monday, after the company issued an update on trading ahead of the capital markets day it was set to host on 1 February.
Regulator Ofcom has fined KCOM £900,000 after uncovering "serious weaknesses" in the telecommunications company's emergency-call service.
Communications and IT provider KCom Group appointed Jane Aikman as chief financial officer, with immediate effect on Monday.
Businesses were being promised more accurate information on broadband speeds on Tuesday, with Ofcom revealing details of a new code of practice that will allow companies to walk away from contracts free of charge if speeds are not as promised.
Telecoms provider KCom Group posted an increase in interim pre-tax profit and revenue thanks to good performances across the board.
The communications and IT services provider Kcom said on Thursday its trading is in line with market expectations.
Fixed-line telecom stocks were the worst performers in London on Friday as broker downgrades weighed on heavyweight constituents BT Group and Talktalk.
Cyclical sectors such as mining and oil services were bearing the brunt of the market sell-off on Friday as fears about a global economic slowdown prompted investors to scale back risk appetite.
An in line first half performance from Kcom Group failed to cheer its investors on Tuesday, despite it also reporting strong cash generation.
A round-up of the biggest director deals today so far.
Fund manager Jupiter's shares are set to offer a yield that makes them worth looking at despite analysts' confusion over just how high a payout they can expect from the company. The business model requires relatively low investment. The company had net cash of £170m at the end of the half-year. About a third of excess cash may be paid out. As well, it intends to funnel about half of its earnings per share as a straightforward dividend to shareholders - equivalent to about 14p per share. As well, the proceeds from the sale of its private client business to Rathbones will allow for a one-off payment of another 4.5p. Hence, the payout this year may rise to 24p or 25p, such that the stock will yield about 6%, giving investors every reason to hold on to the stock, says The Times's Tempus.
KCom Group has maintained its outlook after reporting no changes in current trading.
Aggreko: Panmure Gordon downgrades from buy to hold with a target price of 1748p.
ASOS: Barclays reduces target price from 8000p to 5000p and keeps an overweight rating.
UK markets bounced off a two-and-a-half week low on Friday following another record finish on Wall Street as investors took a positive approach ahead of the all-important US jobs report later on.
UK markets were set for a slightly positive start on Friday, with the tone set by another record finish on Wall Street, as investors gear up for the all-important US jobs report later on.
Communication services group KCOM said it met expectations with its annual results despite a subdued performance in the year ended March 31st.
Diversified mining group BHP Billiton may be transitioning from a growth stock into an income one. Analysts believe the firm could carry out a share buyback, fund a one-off return of cash and increase its dividend all over the course of the next year - in effect doubling the income from the shares. That comes as the company has taken actions to slash its costs and looks to sell un-loved assets. Analysts at JP Morgan, for example, have identified approximately 19bn dollars of the latter.
Trading in line; Chairman Bill Halbert to start role as Chief Executive; Brings down pension deficit
'Substantial' government contract confirmed; Q3 trading consistent with first half.