- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Vodafone Group (NASDAQ:VOD): Current price $27.89
Chief Financial Officer Andy Halford said that Vodafone would be willing to take a reduced debt rating if a satisfactory merger or acquisition opportunity were to come along. Analysts responded that the statement signals that the operator is under no pressure to divest its 45-per cent interest in Verizon Wireless. Halford’s remarks supports prior comments made by Chief Executive Vittorio Colao, who stated in February that it was not necessary for Vodafone to sell its stake in its American joint venture so as to fund any investments in Europe, even with falling revenues in the region, according to FierceWireless.
Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.