2008-08
08 09:04:31UK small caps open flat; Plasmon plunges on financing needs, FY sales warning
LONDON (Thomson Financial) - UK small caps were flat in early deals, reflecting a similar performance by blue-chip issues, with Plasmon hard-hit by news that the data storage concern requires additional funding and that it has reduced its full-year sales expectations.
2008-08
08 08:06:16BROKERWATCH Vodafone cut to 'neutral' vs 'buy' at Goldman Sachs; target 175p
LONDON (Thomson Financial) - Goldman Sachs has downgraded Vodafone Group Plc. to 'neutral' from 'buy', and removed it from its conviction buy list following the stock's recovery, dealers said.
2008-08
08 07:04:21Tel. Italia cuts Italian rev growth f'cast - report
MILAN, Aug 8 (Reuters) - Telecom Italia <TLIT.MI> cut its forecast for Italian yearly revenue growth to a range of 1.2 to 1.5 percent from a previous 1 to 2 percent in a earlier forecast, la Repubblica newspaper reported on Friday.
2008-08
08 05:33:46Convergys cut to 'BBB-' on Intervoice acquisition; outlook negative - S&P
MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services downgraded Cincinnati-based Convergys Corp., after the company signed a definitive agreement to acquire Intervoice Inc. for $335 million in cash.
2008-08
08 05:00:01Rural Cellular debt raised to 'A' from 'CCC' on Verizon guarantees - S&P
MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services upgraded debt issued by Rural Cellular Corp. to recognise the guarantees executed by Verizon Communications Inc. after Verizon Wireless completed the acquisition of Rural.
2008-08
08 04:57:52Rural Cellular raised to 'B1' on Verizon Guarantees - Moody's
MUMBAI (Thomson Financial) - Moody's Investors Service upgraded Rural Cellular Corp. to recognise the guarantees executed by Verizon Communications Inc. after Verizon Wireless completed the acquisition of Rural Cellular.
2008-08
08 04:54:03Rural Cellular raised to 'A+' from 'CCC' on Verizon guarantees - Fitch
MUMBAI (Thomson Financial) - Fitch Ratings upgraded Rural Cellular Corp. to recognise the guarantees executed by Verizon Communications Inc. after Verizon Wireless completed the acquisition of Rural.
© 2008 AFX News
