13th Feb 2012 10:31
Peel Hunt has reiterated its buy recommendation for film and TV content distributor Entertainment One despite the firm confirming that it is no longer for sale. The stock sank on Monday morning after the company announced that it is keener on being the hunter rather than the hunted, having not rece
Read more13th Feb 2012 09:54
Hopes that film and TV content distributor Entertainment One would put itself in the ship window have been dashed, with the firm's management keener on being the hunter rather than the hunted. As part of the company's review of strategic options, the board has considered various proposals that have
Read more13th Feb 2012 09:08
SAB Miller: Credit Suisse initiates at outperform and with a price target of 2,900p. Lloyds: Nomura downgrades from neutral to reduce, cuts target from 40p to 35p. Royal Bank of Scotland: Nomura downgrades from neutral to reduce, cuts target from 34p to 26p. Barclays: Nomura downgrades from buy
Read more2nd Oct 2011 17:04
"When markets fall the buying opportunities arise not just for investors, but also rival firms looking for acquisitions. (...) It is not yet clear whether Entertainment One will become the target of a successful bid. But that need not matter to investors who followed our tip. The approaches for the
Read more14th Sep 2011 16:30
The Footsie finished strongly on Wednesday, gaining over 1%, despite a slow start for US stocks after retail sales were unchanged in August. Stocks were helped on numerous reports of governments riding to the rescue of Europe - such as the BRICs (Brazil, Russia, India, and China) who are said to be
Read more14th Sep 2011 12:12
The volatility continues with the top share index in the blue now after a weak start. In what it confessed has been a difficult year so far, clothing retailer Next saw half-year sales rise 3% to £1,565m from the year before, while profit before tax jumped 8.5% to £228m. Excluding its Ventura arm, N
Read more14th Sep 2011 11:21
Shares in banking, securities and asset management firm Close Brothers were dragged lower on Wednesday after UBS scaled back its forecasts and reiterated its cautious outlook for the industry. The Swiss broker said that since Close Brothers' trading statement in July, it has seen a more challenging
Read more14th Sep 2011 10:02
Peel Hunt has maintained its buy rating on film and TV content distributor Entertainment One following its confirmation that the company is up for sale. Entertainment One, which owns the franchise for popular children's cartoon character Peppa Pig, announced on Wednesday that it has received intere
Read more14th Sep 2011 08:34
Film and TV content distributor Entertainment One has confirmed speculation that it is considering being bought. A report in the Financial Times last night said that the company is poised to tell markets that it is exploring strategic options which could include a sale. "The board of Entertainment
Read more14th Jul 2011 11:16
Film and TV content distributor, Entertainment One (eOne), has announced a deal with LOVEFiLM that it said would push ongoing trading performance significantly ahead of market expectations. The five year agreement will give LOVEFiLM subscribers exclusive access to eOne's UK titles via their online
Read more12th Jun 2011 15:43
"You wait ages for a bus to come along - and then three turn up at once. A bit like acquisitions at distribution group Bunzl," writes The Sunday Telegraph this weekend, referring to the company's three recent acquisitions, Spanish firm King Espana Completos, UK outfit SIG Safety and Workwear and the
Read more23rd May 2011 07:50
Peppa Pig franchise owner Entertainment One posted a 39.2% rise in annual pre-tax profit and expects to make further progress over the coming year. Entertainment also expects to sign a master toy license deal for Peppa Pig in the US in the near future as part of its international expansion drive.
Read more20th May 2011 12:13
Next Tuesday could see a bit of good news for the beleaguered UK High Street, as the bellwether of the retail sector, Marks and Spencer, is expected to issue a solid set of full year figures. The market is anticipating pre-tax profits of £714m on sales of £9.79bn, and earnings per share (EPS) of 32
Read more11th Apr 2011 16:11
Entertainment One, the franchise owner for the cartoon character Peppa Pig, said it remains committed to developing a fifth and sixth series in response to press speculation that the creators will stop making the show next year. The two new series will bring the total number of episodes to more tha
Read more1st Apr 2011 06:29
The best that can be said about the full-year results from 888 Holdings is that profits did not collapse quite as badly as feared. The online bookie reported a 56% slide in pre-tax profits to $15.1 million (£9.4m) from revenues up 6.2 per cent at $262.1m. Sell, says the Times. Russian gold miner Pe
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