Entertainment One confident of overcoming film weakness
2nd Mar 2016 07:28
(ShareCast News) - Entertainment One said although group sales and earnings were dragged down by weakness from the film division, earnings expectations for the full year remained unchanged. In a trading update covering the nine months to 31 December, the film and TV distributor said group revenues s
Read moreCanada Pension Plan head joins Entertainment One board
15th Jan 2016 08:50
(ShareCast News) - Canada Pension Plan Investment Board's Scott Lawrence has joined the board of Entertainment One as a non-executive director. Lawrence is the managing director and head of relationship investments at the investment board, which holds a 19.8% stake in the company which produces Pepp
Read moreNewspaper share tips: ITV sale rumours not worth much
22nd Dec 2015 13:13
(ShareCast News) - The Financial Times was looking at swirling rumours around the UK's biggest commercial broadcaster, while the Telegraph was looking back on its mistakes this week. FT's Lex column looked to television on Tuesday, amid the circulating rumours that oft-maligned US media giant Comcas
Read moreFTSE 250 movers: Market to end the day in the red
18th Dec 2015 15:26
(ShareCast News) - The FTSE 250 was on track to finish Friday in the red after being bolstered on Thursday after the Fed rate hike. The market was down 72.46 points (0.42%) to 17,104.82 by mid-afternoon. Entertainment One undid Thursday's gains from its announcement it had extended its output agreem
Read moreFTSE 250 movers: Entertainment One deal boosts share price
17th Dec 2015 15:04
(ShareCast News) - The FTSE 250 was up on the back of Wednesday night's rate hike from the Federal Reserve, up 122.43 points (0.72%) to 17,198.37 by mid-afternoon Thursday. Entertainment One surged over 5% after it announced it had extended its output agreement with DreamWorks Pictures through the c
Read moreEntertainment One extends deal with DreamWorks through new partnership
17th Dec 2015 07:45
(ShareCast News) - Entertainment One has extended its output agreement with DreamWorks Pictures through the creation of a new partnership. Along with some of the biggest names in the film industry including Steven Spielberg, the FTSE 250 company has joined a new film, television and digital content
Read moreFTSE 250 movers: Commodities downturn clobbers midcaps
14th Dec 2015 15:14
(ShareCast News) - The FTSE 250 bounced around on Monday with the market in the red by mid-afternoon, down 16.77 points (0.10%) to 16,860.52. The commodities downturn hit a number of FTSE 250 companies on Monday, with Evraz down over 15% by mid-afternoon. Three-month metal contracts were down, with
Read moreEntertainment One completes controversial refinancing deal
14th Dec 2015 09:17
(ShareCast News) - Entertainment One has completed its refinancing arrangement which was announced to shareholders at the beginning of the month. The FTSE 250 company has issued £285m of 6.875% senior secured notes due in 2022, and entered into a new £100m revolving credit facility which matures in
Read moreBroker tips: UK life insurers, Entertainment One, Micro Focus International
10th Dec 2015 15:38
(ShareCast News) - Shares in UK life insurers will catch-up with their European peers next year after underperforming in 2014, as Solvency II proved to be a more acute headwind for them, Nomura told clients on Thursday. Yet developments for them had generally been better than expected for them, so c
Read moreJP Morgan sees attractive entry point in Entertainment One
10th Dec 2015 11:14
(ShareCast News) - The recent sharp drop in the price of Entertainment One's shares offered an "attractive" entry point, analysts at JP Morgan said. A £285m debt issue was priced on 4 December at 6.875%. Mechanistically, the terms of that debt refinancing meant the company's adjusted earnings per sh
Read moreEntertainment One chief attempts to get company out of the mud
9th Dec 2015 15:59
(ShareCast News) - In a bid to turn a sow's ear into a silk purse, Entertainment One's chief executive is doing his bit to help the share price rebound. The Peppa Pig owner's stock has been under pressure since the company announced a refinancing deal that will increase its interest payments. Last
Read moreFTSE 250 movers: Stagecoach drives the market down as Paris attacks hit demand
9th Dec 2015 13:37
(ShareCast News) - The FTSE 250 continued to slump on Tuesday, with the second tier market down 45.21 points (0.26%) to 17,146.69 by mid-afternoon Wednesday. Transport operator Stagecoach was the biggest faller after it revealed the Paris terror attacks in November has discouraged people from trave
Read moreEntertainment One shares bounce back as it reassures over trading
9th Dec 2015 07:55
(ShareCast News) - Peppa Pig owner Entertainment One confirmed that the company continues to trade in line with full year underlying earnings expectations, as it responded to recent weakness in its share price. The stock has been under pressure since the company announced a refinancing deal that wil
Read moreBroker tips: Berkeley Group, Rolls Royce, Entertainment One
8th Dec 2015 15:50
(ShareCast News) - Analysts at Credit Suisse bumped up their target price for Berkeley Group Holdings after the company boosted its capital return programme, unveiled an increase in forward sales and management expressed confidence in the operating environment. The homebuilder comitted to returning
Read morePeel Hunt downgrades Entertainment One after interims, debt refinancing
8th Dec 2015 12:17
(ShareCast News) - At the pre-finance level Entertainment One's financials didn't change much after the company's latest set of interims, but the immediate revenue and costs had shrunk and its recent refinancing would significantly increase its debt costs, Peel Hunt said in a research note sent to c
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