Steve Malcolm

Vodafone Climbs After Winning First Dividend From U.S. Venture Since 2005

Vodafone Group Plc climbed the most in four months in London trading after announcing a one-time dividend of 2 billion pounds ($3.3 billion), the first payout from its U.S. venture since 2005.

BSkyB License Is Lawmakers’ Next Target on Link to Chairman James Murdoch

Rupert Murdoch’s News Corp., which already abandoned its 7.8 billion-pound ($12.5 billion) bid for full control of British Sky Broadcasting Group Plc because of a phone-hacking scandal, is now being challenged on whether it should be allowed to keep its existing stake.

Royal KPN Appoints Eelco Blok as Chief Executive to Replace Scheepbouwer

Royal KPN NV , the biggest Dutch phone company, appointed Eelco Blok to succeed Chief Executive Officer Ad Scheepbouwer , who is retiring.

Vodafone’s U.S. IPhone Subsidies to Inflate Costs as Revenue Growth Slows

Vodafone Group Plc will give investors a sign of whether the cost of selling Apple Inc.’s iPhone is outweighing the benefits when the world’s largest mobile-phone company reports full-year earnings tomorrow.

U.S. Stocks Rise as CSX Results, China Reserves Boost Optimism on Economy

U.S. stocks rose, sending benchmark indexes to five-month highs, as better-than-estimated results at CSX Corp. and China’s record currency reserves boosted optimism in the economic recovery.

Telefonica First-Quarter Net Income Slips 1.9%, Missing Analyst Estimates

Telefonica SA , Europe’s second-largest phone company, reported quarterly profit that missed analysts’ estimates as earnings from its Spanish home market shrank.

Vodafone, European Operators Soar on T-Mobile USA Valuation in AT&T Bid

European telecommunications stocks soared on optimism about their valuations after AT&T Inc. agreed to buy Deutsche Telekom AG’s T-Mobile USA for about $39 billion.

BSkyB Rejects News Corp. Offer of $11.5 Billion

British Sky Broadcasting Plc , the U.K.’s largest pay-TV provider, spurned a 7.8 billion-pound ($11.6 billion) offer from Rupert Murdoch’s News Corp. , asking for the bid to be raised by at least 14 percent.

Vodafone CEO’s $22.8 Billion Asset Sales Show Patience Pays

Vodafone Group Plc Chief Executive Officer Vittorio Colao was under shareholder pressure to sell assets when he took over after his predecessors’ decade-long takeover binge. This week, he showed that his patience paid off.

Vodafone Sells China Mobile Stake in Colao's Biggest Divestment

Vodafone Group Plc ’s $6.5 billion sale of its stake in China Mobile Ltd. is the biggest divestment since Chief Executive Officer Vittorio Colao took charge in 2008. Investors are looking to him for more disposals.

"It's come in a few months early."

- Steve Malcolm on Jul 28, 2011

London

Europe

Vittorio Colao

Robin Bienenstock

Obama Says IRS Targeting of Tea Party Groups ‘Outrageous’

‘Iron Man 3’ Tops Weekend Sales Again With $72.5 Million

Most U.S. Stocks Fall After Record Highs Amid Sales Data

Rally Matches 1990s Gains With Valuations 28% Lower

Retail Sales Gain Shows Resilient American Consumer