Wednesday, February 2, 2022

Vodafone boss says he is working on M&A deals at speed

Read, talking to reporters following a trading update and the news that activist investor Cevian Capital had taken a stake in the firm, said he believed that policy makers understood the importance of consolidation, a move that could enable operators to lower costs and invest more in their networks.

from Economic Times https://ift.tt/RnPSv0Z9u

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...