BT Group wins exclusive contract for NBA games
28th Nov 2013 15:48
Telecoms group BT has now announced that it has reached an agreement with the National Basketball Association (NBA) for live television coverage of top NBA games starting this winter. The announcement comes just two weeks after BT won an exclusive contract to broadcast the UEFA Champions League for
Read moreBT accused by Sky and TalkTalk of unfair accounting practices
27th Nov 2013 09:09
BT Group has been reported to telecoms regulator Ofcom for unfairly charging rivals BSkyB and TalkTalk too much for consumer internet and phone lines. Ofcom's review into the fixed line broadband and phone services market has required BT to explain any changes to how costs are allocated in its annu
Read morePerpetual Income and Growth lifts interim dividend
25th Nov 2013 13:52
- Dividend raised 5.9 per cent - NAV rises 7.7 per cent - Basic revenue per share climbs 9.8 per cent Perpetual Income and Growth Investment Trust raised its first half dividend by 5.9 per cent to 5.40p on the back of an increase in revenue return and net assets. Net asset value rose by 7.7% in t
Read moreLondon close: Ex-div stocks weigh as investors await Fed minutes
20th Nov 2013 16:17
- MPC warns of 'uncertainties' to recovery - FOMC in focus ahead of minutes - Ex-div stocks finish firmly lower techMARK 2,626.20 -0.68% FTSE 100 6,681.08 -0.25% FTSE 250 15,178.75 -0.57% UK markets finished firmly lower on Wednesday after a choppy session as investors adopted a cautious approach
Read moreBSkyB 'keen to do TV sports deal with BT', says CEO
20th Nov 2013 12:19
BSkyB said on Wednesday it wants to end its row with arch-rival BT over TV sports coverage as it signalled an upturn in the TV advertising market. Chief Executive Jeremy Darroch said BSkyB was keen to do a wholesale deal with BT allowing both groups to offer their customers the full range of live s
Read moreLondon close: Stocks rise ahead of FOMC minutes as Aberdeen surges
18th Nov 2013 16:23
- Aberdeen leads financials higher after SWIP purchase - Petrofac plummets on cautious outlook - Fed speculation ramps up ahead of FOMC minutes techMARK 2,653.19 +0.15% FTSE 100 6,723.46 +0.45% FTSE 250 15,290.48 +0.29% UK markets posted decent gains on Monday with the financial sectors providing
Read moreLondon midday: Aberdeen, financials lead markets higher
18th Nov 2013 11:34
- Aberdeen rockets after acquisition of SWIP, results - Petrofac plummets after cautious guidance - FOMC minutes and China reforms in focus techMARK 2,647.58 -0.06% FTSE 100 6,721.15 +0.41% FTSE 250 15,272.88 +0.17% After a subdued start, UK markets pushed into positive territory by Monday lunchti
Read moreLondon open: Stocks slip ahead of quiet day
18th Nov 2013 08:23
- Quiet day on the macro front - Capita, Severn Trent fall after CEO exits - Aberdeen jumps after annual results, acquisition - Petrofac slumps on cautious guidance techMARK 2,636.54 -0.48% FTSE 100 6,682.77 -0.16% FTSE 250 15,223.14 -0.15% Markets opened slightly lower on Monday morning as invest
Read moreBT Openreach CEO Garfield to run Severn Trent
18th Nov 2013 07:21
- Liv Garfield to head up Severn Trent - Tony Wray to retire next year Liv Garfield, currently the head of BT Group's Openreach programme, is set to become the Chief Executive Officer (CEO) of Severn Trent as of next year. Garfield replaces Tony Wray who has announced his intention to retire from
Read moreBroker tips: BT, BSkyB, RBS, Shire
11th Nov 2013 12:10
UBS has maintained its 'sell' rating for BT after the company won the exclusive rights to the UEFA Champions League and UEFA Europa League for three years, raising concerns about the price it paid to secure the deal. The bank said that the company is taking market share but at a large cost, with th
Read moreLondon midday: Financials offset falls from BSkyB, RSA
11th Nov 2013 11:44
- Markets rise but BSkyB and RSA limit upside - Media stocks in focus after BT-UEFA deal - Investors continue to speculate about Fed taper techMARK 2,646.21 +0.22% FTSE 100 6,725.09 +0.25% FTSE 250 15,395.41 +0.35% Decent gains in the financial sector helped UK markets higher on Monday morning, th
Read moreBroker snap: UBS trims BT forecasts despite UEFA win
11th Nov 2013 09:50
UBS has maintained its 'sell' rating for BT after the company won the exclusive rights to the UEFA Champions League and UEFA Europa League, raising concerns about the price it paid to secure the deal. BT is paying £299m a year for three seasons for the UK TV live rights to the tournaments, the firs
Read moreBroker snap: Nomura downgrades BSkyB after BT-UEFA deal
11th Nov 2013 09:06
Pay-TV broadcaster British Sky Broadcasting was trading firmly in the red on Monday after news that BT has won the exclusive rights to the UEFA Champions League and UEFA Europa League tournaments for three seasons. The announcement prompted Nomura to downgrade its rating for the stock from 'buy' to
Read moreLondon open: Markets flat as RSA, media stocks drop
11th Nov 2013 08:30
- RSA drops on Irish review, exec suspensions - BT wins UEFA rights, BSkyB and ITV lose out - Bank holidays in US, Canada and France techMARK 2,636.73 -0.14% FTSE 100 6,706.52 -0.03% FTSE 250 15,387.49 +0.30% UK markets were broadly flat on Monday morning as some heavy falls from RSA, BSkyB and IT
Read moreBT wins exclusive rights to UEFA tournaments
11th Nov 2013 08:01
- BT to pay 299m pounds each season for the rights - Pledges to make matches more accessible and affordable - Shares in current broadcasters BSkyB and ITV fall sharply In a major blow to BSkyB and ITV, telecoms group BT has won the exclusive rights to broadcast live the UEFA Champions League and UE
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