Future to sell portfolio for £2.1m
25th Jul 2014 09:02
International media group Future is set to sell its Auto titles and Triathlon plus portfolio for £2.1m in order to reduce its external borrowings. The group is selling the portfolio to Kelsey Publishing, which is expected to strengthen its focus on the consumer technology market. The sale is antic
Read moreFuture posts operating loss as transition to digital continues
29th May 2014 08:33
- Disappointing results as firm transitions to digital publication - Disposal of Sport and Craft titles - Streamlining business, and focus on consumer technology markets Media group and digital publisher Future said it was disappointed with its interim results, as it battles against difficult trad
Read moreFriday broker round-up UPDATE
14th Mar 2014 09:07
Barclays: Nomura reduces target price from 305p to 285p staying with its buy recommendation. Investec lowers target price from 305p to 295p and keeps its buy recommendation. Ferrexpo: Westhouse Securities increases target price from 190p to 220p and reiterates a buy recommendation. F&C Asset Manag
Read moreFuture sees full-year results at lower-end of guidance
3rd Feb 2014 08:05
International digital and print publishing group Future saw total revenues rise by one per cent in the four months up until Monday´s trading statement, driven by its UK business. The company continues to be on track to meet its expectations for full-year results, albeit at the lower end of the curr
Read moreFriday broker round-up UPDATE
22nd Nov 2013 08:04
African Barrick Gold: Westhouse Securities upgrades to neutral with a target price of 170p. Antofagasta: Investec cuts target price from 737p to 716p and keeps a sell recommendation. Bank of Georgia: Numis raises target price from 2101p to 2662p and maintains a buy recommendation. Canaccord Genuit
Read moreFuture's US business almost back in the black
27th Sep 2012 10:12
Shares of media and digital publisher Future leapt ahead as it underlined its confidence of meeting full year expectations and said its US business is close to moving back into profit. The publisher of magazines such as Classic Rock and Guitar World said: "Trading in the fourth quarter has been enc
Read moreWhitbread poaches bean counter from Premier Farnell
4th Sep 2012 07:02
Nicholas Cadbury is defecting from electronic components supplier Premier Farnell to become the new Group Finance Director of Whitbread, the Costa Coffee and Premier Inns owner. Cadbury will succeed Christopher Rodgers as chief bean counter at Whitbread, with Rodgers moving on to become Managing Di
Read moreTuesday preview: Vodafone, Marks and Spencer, UK inflation
21st May 2012 15:52
Footsie stalwarts Vodafone and Marks and Spencer will both be vying for attention early doors on Tuesday. Full year results from Vodafone should see the group's pre-tax profit break through the £10bn barrier. Consensus estimates are for profit before tax of £10.26bn for the year to March 31st, up
Read moreSchroders director buys stock as partnership is announced
6th Feb 2012 14:10
Robin Buchanan, an independent non-executive director of Schroders, the FTSE 100 asset management firm, has bought 205 non-voting ordinary shares in the firm for 1,212p each. The move takes his total to 2,368 non-voting shares. Buchanan, 59, joined the board in March 2010, and is a member of the
Read moreFriday broker round-up - UPDATE
13th Jan 2012 11:19
Vodafone: Nomura upgrades to buy. Bunzl: UBS cuts to neutral from buy. RSA Insurance: Citi cuts to neutral from buy. BT Group: Nomura upgrades to buy from reduce. RBS: Seymour Price upgrades to buy from reduce. BG Group: JP Morgan raises price target to 1,900p from 1,455p. Tesco: Credit Suiss
Read moreThursday preview: Dixons, Future, GDP ... but not Thos. Cook
23rd Nov 2011 19:05
In some ways, Thursday's results agenda is dominated by a company which now won't be issuing its figures this week: Thomas Cook. The company yanked its results announcement scheduled for Thursday while it holds another round of emergency talks with its bankers to winkle out some more cash to tide it
Read moreThursday tips round-up: Caretech, Domino's, Babcock International
29th Sep 2011 06:34
CareTech, the care home operator, was hit by a messy corporate governance row over capitalising the cost of its M&A team, which is not generally the done thing, and the fallout from the collapse of the larger Southern Cross. At the current price, the shares trade on about 4.4 times earnings for the
Read moreFuture considers more options for struggling US business
28th Sep 2011 08:05
Future, the publisher behind magazines such as Classic Rock and Guitar World, is considering "a wider range of strategic options" for its struggling US operations, having previously planned to accelerate their transformation into a mainly online business. The company said that in general terms, tre
Read moreBlinkx buddies up with Future Publishing
17th Aug 2011 07:00
Video search engine firm Blinkx has announced a partnership with publishing company Future, a UK-based special interest publisher. Blinkx will place relevant advertising alongside Future Publishing content on Blinkx's web site and share resulting revenue with its new partner. "We are delighted t
Read moreFuture names Peter Allen chairman
5th Aug 2011 08:17
Magazine publisher Future has named Peter Allen as chairman following Roger Parry's decision to stand down in May. The publisher of hobby magazines such as Classic Rock and Guitar World said Allen is currently chairman of Proximagen Neuroscience and has previously held posts as CEO of ProStrakan a
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