Entertainment One shares slide as Marwyn sells down slice
15th Jul 2015 09:27
(ShareCast News) - Shares in Entertainment One have fallen by more than a tenth since British investor Marwyn has sold down its slice in the firm. At 0839 BST shares in the firm were down 11.52% to 321.10p. eOne, which owns Peppa Pig and Grey's Anatomy, said Marwyn sold 9% of its shares via a placi
Read moreBroker Tips: Petrofac, Entertainment One, Admiral, Sage, Debenhams, Elementis
25th Jun 2015 10:43
Petrofac shares rose 3.2% on Thursday after Nomura upgraded the stock to 'buy' from 'neutral' and raised the price target to 1,130p from 765p. The broker said the valuation was undemanding in the context of an incrementally positive Middle East outlook and improved risk/reward of Integrated Energy S
Read moreRBC bullish on Entertainment One, awards 'outperform' rating
25th Jun 2015 08:29
RBC Capital Markets has described eOne as a "powerhouse with lots of momentum" as it gave the stock an 'outperform' rating. Analysts at RBC initiated coverage on the media company with a price target of 450p. Shares in company were trading down 0.03% on Thursday at 08:38 at 360.90p. RBC said the c
Read moreFTSE 250 movers: Foxtons hit by overcharging allegations, oil stocks higher
8th Jun 2015 13:50
Mid caps were in the red on Monday afternoon, as gains made by oil and mining stocks were overshadowed by weakness in the pharmaceutical, engineering and retail sectors. As of 15:45, the FTSE 250 was trading 0.13% lower at 17,908. Foxtons led the fallers as The Guardian reported that London law fir
Read moreMonday broker round-up
8th Jun 2015 08:04
Shire: Deutsche Bank reiterates buy recommendation and 6,000p target. Bellway: Deutsche Bank stays at hold with a 2,326p target price, Citi reiterates buy. Halfords: Deustche Bank remains at hold and ups target to 480p from 460p. Churchill Mining: Northland initiates coverage at 'speculative buy'.
Read moreSunday newspaper round-up: Government supplier clampdown, UK banks' Fifa fears, Lloyds sale
31st May 2015 15:58
Companies that supply services to the government are going to feel the screw tightened on them as the Cabinet Office clamps down, the Sunday Times said. The office has begun to demand its biggest contractors, which include BAE Systems, Babcock, Serco and G4S, to report on revenue and profit margins
Read moreEntertainment One's interim profit rises on lower costs
19th May 2015 10:24
Film and TV content producer Entertainment One posted an increase in annual pre-tax profit on the back of lower costs and improved margins. The FTSE 250 group's pretax profit of in the year to end-March more than doubled to £44m, boosted by declining costs in the film division and improved margins i
Read moreEntertainment One's sales ahead of targets with strong Peppa Pig franchise and TV growth
27th Jan 2015 10:30
Entertainment One expects full year earnings to beat expectations after its Peppa Pig franchise brought home the bacon in the retail sector. Sales are on track to top $1bn globally for the firm's full financial year in March. A US Walmart Launch in Spring is also thought to lay the foundations fo
Read moreEntertainment One buys stake in Hollywood studio JV for $133m
6th Jan 2015 07:34
Entertainment One (ETO) has spent $132.6m to buy 51% of a joint venture with Hollywood film and television producer Marc Gordon, maker of 'Saving Private Ryan', 'Speed' and 'Grey's Anatomy'. The consideration, which is comprised of $127.5m cash funded by expanded its existing banking facilities and
Read moreEntertainment One profits double despite drop in top line
18th Nov 2014 13:51
Entertainment One saw revenues decline during its first half despite the growing popularity of its Peppa Pig franchise. Revenues fell from £366.1m to £330.5m. Earnings per share also declined significantly to 0.4p from 2.7p. However, profit before tax doubled from £1.2m to £2.4m as the operating pr
Read moreFTSE 250 movers: Bwin.party rises despite wider H1 losses
29th Aug 2014 15:13
Gaming giant Bwin.party was a strong riser despite reporting wider first-half losses, which reflected a fall in casino and poker revenues. Loss before tax in the six months to 30 June 2014 came to €94m, up from €11.6 the previous year. Ophir was higher after it announced board changes in a bid to r
Read moreEntertainment One acquires partner Force Four Productions
29th Aug 2014 15:10
Entertainment One has completed the acquisition of Canadian television producer Force Four Productions. Limited details were given about the deal, although partners Rob Bromley, John Richie and Gillian Lowry will all transfer with the business, which was set up in 1983. Its series include Village
Read moreThursday broker round-up UPDATE
24th Jul 2014 08:59
Afren: JP Morgan shifts target price from 180p to 188p upgrading from underweight to overweight. Anglo American: Jefferies raises target price from 1550p to 1700p and reiterates a hold recommendation. Antofagasta: Jefferies increases target price from 825p to 1000p upgrading from hold to buy. ARM
Read moreEntertainment One revenues rise as TV growth offsets Film decline
23rd Jul 2014 09:45
Film and TV group Entertainment One, famous for its Peppa Pig children's show, said that it expects full-year profits to be in line with expectations after a 4% rise in revenues in the first quarter on a pro forma and constant currency basis. The Television division continues to be the driver of gr
Read moreWednesday broker round-up UPDATE
23rd Jul 2014 09:01
Abcam: Canaccord Genuity ups target price from 375p to 400p and upgrades from hold to buy. ARM Holdings: Deutsche Bank cuts target price from 975p to 950p and maintains a hold recommendation. Credit Suisse lowers target price from 1125p to 1100p and leaves its outperform rating unaltered. Beazley:
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