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Cable & Wireless 24/11/2011

11:46 : Cable & Wireless Worldwide moves higher as bid talk returns - Struggling telecoms company could be a target for the likes of Vodafone or O2, suggests analystCable & Wireless Worldwide has been under pressure since it ousted its chief executive and cancelled its dividend earlier this month, but a ...
Source : guardian-co-uk

Cable & Wireless 16/11/2011

03:22 : PRESS DIGEST - British business - Nov 16 - After six years, three profit warnings in 12 months and a controversial 10 million pound ($15.8 million) bonus, John Pluthero has marked the end of his reign at Cable & Wireless Worldwide with a plunge into ...
Source : reuters-com
00:52 : John Pluthero is put out of his Cable & Wireless misery - In a move aimed at appeasing disgruntled investors, the former Energis and Freeserve boss will step down from the board in December and leave the firm for good next March.

Cable & Wireless 15/11/2011

18:49 : C&W a lesson in how not to link boardroom pay to performance - C&W's private equity-style executive pay deal would have delivered £216m, had the share price doubled in four years"I don't know for a fact but it is almost a certainty that people are doing their numbers on us," said Richard Lapthorne, chairman of a ...
Source : guardian-co-uk
12:38 : Cable & Wireless appoints Vodafone executive Darby to turn fortunes around - Cable & Wireless Worldwide unveiled former Vodafone executive Gavin Darby as its new boss in a fresh bid by the government telecoms provider to revive its ailing fortunes.
11:47 : Cable & Wireless Worldwide ousts chief executive and cancels dividend - John Pluthero had only been in the chief executive role for four monthsCable & Wireless Worldwide has ousted its chief executive John Pluthero and cancelled its dividend after years of private equity style rewards for senior management ...
Source : guardian-co-uk
11:47 : John Pluthero, CWW's £10m man, bows out with £624m write-down - Cable & Wireless Worldwide remains a long way from successful reinvention – with a £590m bottom-line loss – as its CEO departs"We work for an underperforming business in a crappy industry," John Pluthero told his staff when he ...
Source : guardian-co-uk

Cable & Wireless 04/11/2011

02:17 : CWC reports profits of £90m - Cable & Wireless Communications said its Caribbean business had stabilised and smartphone usage was booming as it yesterday reported better than expected half-year profits of $145m (£90m).

Cable & Wireless 03/10/2011

21:22 : Another bad line for Cable & Wireless Worldwide shareholders - Troubled telecoms firm Cable & Wireless Worldwide slumped yet again after a damning report said that sorting out accounting issues could wipe 40 per cent off shareholders' funds.

Cable & Wireless 25/09/2011

19:13 : Cable & Wireless Jamaican staff lose a week of their holidays - Cable & Wireless reported a J$1.3bn (£7.4m) loss for the three months to the end of JuneCable & Wireless Communications, the London-based telecoms group that paid its chief executive £2.7m last year, has asked lowly paid staff ...
Source : guardian-co-uk

Cable & Wireless 31/08/2011

12:27 : Cable & Wireless Communications climbs 4% on hopes for progress in Jamaica - Cable & Wireless Communications has climbed nearly 4% on hopes of positive developments in Jamaica, one of its key markets.A statement from the Jamaican prime minister on Tuesday night suggested the government would ...
Source : guardian-co-uk

Cable & Wireless 28/08/2011

19:15 : Cable & Wireless trains staff in new bribery rules - Telecoms giant Cable & Wireless (C&W) Worldwide has put nearly 1,000 of its 6,000 global workforce through training to ensure they comply with the UK Bribery Act.
Source : telegraph-co-uk

Cable & Wireless 22/07/2011

19:28 : Investors refuse to back telecoms chief in protest over pay deal - Questions raised over independence of Cable & Wireless Communications' chairman Richard LapthorneShareholders today delivered a rebuke to Cable & Wireless Communications chairman Richard Lapthorne when 20% ...
Source : guardian-co-uk

Cable & Wireless 21/07/2011

19:27 : Cable & Wireless Worldwide shareholders rebel over executive incentive ... - Nearly 40% of votes are withheld or cast against CWW's plan after a tumultuous year of profit warnings and departuresShareholders have rounded on Cable & Wireless Worldwide, with nearly 40% of votes withheld or cast against its ...
Source : guardian-co-uk

Cable & Wireless 08/07/2011

21:31 : Cable & Wireless chief executive Tony Rice is in the loop - Shares in Cable & Wireless have slumped from almost 62p last September to under 41p. However, judging by the confidence shown in the company by chief executive Tony Rice, a sharp improvement in its fortunes may not ...

Cable & Wireless 05/07/2011

18:34 : Cable & Wireless Worldwide chief to face investor wrath - Cable & Wireless Worldwide investors get 'amber-top' warning over board moves and pay awards as annual meeting approachesJohn Pluthero, the telecoms veteran who was last week installed as chief executive of Cable ...

Cable & Wireless 28/06/2011

21:07 : Pluthero's CWW turnaround looks more like a tailspin - John Pluthero swaps jobs at Cable & Wireless Worldwide amid unjustified praise and clutching a £15m rewardJohn Pluthero does not convince as the supposed saviour of Cable & Wireless Worldwide. He has been ...
Source : guardian-co-uk
19:56 : John Pluthero takes control at Cable & Wireless after chief executive ... - • Departing chief executive Jim Marsh gets £650,000 payoff • John Pluthero rewarded with a £75,000 pay riseJohn Pluthero, the chairman of Cable & Wireless Worldwide, has been forced to take day-to-day control of the stricken telecoms ...
Source : guardian-co-uk
12:34 : Market Movers: iPhone rumours boost Imagination, C&W drops as CEO resigns - Speculation that Apple could launch a low-cost iPhone drive Imagination Technologies (IMG.L) shares but Cable & Wireless slumps after its chief executive steps down.
Source : citywire-co-uk
12:10 : Cable & Wireless Worldwide chief Jim Marsh resigns after torrid year and ... - Jim Marsh, the chief executive of Cable & Wireless Worldwide, has resigned, paying the price for a string of mishaps at the corporate telecoms group after it issued another profit warning just 10 weeks into its financial year.
Source : telegraph-co-uk
09:20 : Cable & Wireless Worldwide slumps 16% on another profit warning and key ... - Investors in Cable & Wireless Worldwide must be pretty hardened to shocks by now, but even they will have been taken aback by the latest developments at the company.Fifteen months after it demerged from Cable ...

Cable & Wireless 25/06/2011

00:35 : Market Report: Takeover talk rings bells for C&W Worldwide - With the telecoms group announcing earlier in the week it had rejected an approach for its overseas assets, the prospect of a bid being made for the whole of Cable & Wireless Worldwide (CWW) was being talked up yesterday, helping ...

Cable & Wireless 20/06/2011

11:06 : Cable & Wireless Worldwide climbs 2% on talk of $500m disposal - On a day when communications companies are in focus, Cable & Wireless Worldwide has not missed out.The misleadingly named company is up 2% - a 0.97p rise to 48.34p - following reports it could sell its businesses outside the UK, ...
Source : guardian-co-uk

Cable & Wireless 24/05/2011

20:09 : CWW's great hopes are too fluffy for some - Cable & Wireless Worldwide puts its faith in rising returns from hosting other companies' IT in secure data centres – so-called 'cloud computing'It's a minor miracle: Cable & Wireless Worldwide spoke and ...
Source : guardian-co-uk
09:37 : Cable & Wireless Worldwide profits climb despite tough year - Cable & Wireless Worldwide, the badly named telecoms business which has the bulk of its business in the UK, has seen its profits rise despite a tough year.Profits climbed 23% to £143m, with a dividend payout of 4.5p ...
Source : guardian-co-uk

Cable & Wireless 24/03/2011

14:41 : Market hangs up on Cable & Wireless - Shares in Cable & Wireless were down by around 15% in early afternoon trading after the telecoms company issued a profits warning.Shares in Cable & Wireless were down by around 15% in early afternoon trading ...
Source : guardian-co-uk
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