Credit Bubble Stocks

Tuesday, November 9, 2010

Vodafone (VOD) Sells Another Minority Interest

Vodafone (VOD) has been a great long:
The Vodafone Group said Tuesday that it plans to sell securities in the Japanese wireless operator Softbank Corporation for £3.1 billion ($5 billion).

Vodafone, the mobile-phone company, also raised its full-year profit forecast, after fiscal first-half sales rose 3.9 percent, to £22.6 billion.
CP at 9:41 PM

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