FTSE flat in early trades, Vodafone jumps on share buyback - Market Report

Proactive - Interviews for investors

The FTSE 100 held flat this morning after a mixed bag of company results failed to push the blue-chip index in a specific direction. Vodafone lifted slightly in early trades despite cutting its dividend, after management announced a €2 billion share buyback. Both sales and profits sank at the telecoms giant - no surprise to the market which had already forecast the slump. Paddy Power owner Flutter dropped after reporting one of its last results as a London-listed company. Although it highlighted growth in its US sportsbook FanDuel and in company-wide sales, the group saw its losses widen due to higher non-cash charges. Anglo American, which has been a takeover target for some weeks now, announced company-wide changes including the sale of its De Beers diamond business and the divestment of its steelmaking coal business. #proactiveinvestors #marketreport #ftse #ftse100 #footsie #vodafone #paddypower #flutter #angloamerican #bhp #debeers #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews