FT 13/11/19 | Vox Markets

FT 13/11/19

Royal Mail (RMG) loses appeal against £50m Ofcom fine. Tribunal upholds penalty levied in 2018 for price discrimination against Whistl

New York governor pressures National Grid (NG.) over gas supplies. Andrew Cuomo plans to revoke UK utility’s certificate to operate in some parts of the city

Lombard – Vodafone Group (VOD) shares disconnect from €1bn earnings boost. Outlook brighter for group’s overall business despite $4bn hit at Indian joint venture

Premier Foods (PFD) shares surge after cake sales gain momentum. First-half revenue in Mr Kipling sweet treats rise while noodles brand more than doubles

Rugby World Cup boosts ITV (ITV) advertising revenue. Broadcaster steadied to report modest growth at the higher end of guidance

Retailer B&M European Value Retail S.A. (DI) (BME) writes off German unit as profits fall short. Value of Jawoll impaired after distribution problems

Land Securities Group (LAND) defies Brexit uncertainty with big development push. UK property company has 4 London schemes totalling 1m sq ft of buildings

Vodafone Group (VOD) upgrades profit guidance despite India woes. Disposals and German acquisition help offset ‘critical’ situation in joint venture in Asian nation

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Mentioned in this post

BME
B&M European Value Retail S.A. (DI)
ITV
ITV
LAND
Land Securities Group
NG.
National Grid
PFD
Premier Foods
RMG
Royal Mail
VOD
Vodafone Group