Wednesday tips round up: ITV, GKN
29th Jul 2015 11:27
(ShareCast News) - There was a sense of déjà vu about GKN's latest acquisition, The Times' Tempus wrote, as it had similarities to the company's 2012 purchase of Volvo's aero engine division. If the new acquisition, Fokker, proves as successful as Volvo was, the shares are cheap while the prospects
Read moreLondon close: Investors play it safe ahead of Fed meeting
28th Jul 2015 17:56
(ShareCast News) - The selling pressure let up ahead of the start of a two-day policy meeting from the US Federal Reserve, with some investors braced in case the post-meeting statement sprang any surprises. The FTSE 100 finished the session higher by 0.77% to the 6,555.28 mark, alongside a similar b
Read moreITV lifts interim dividend 39% but share of viewing dips to 15-year low
28th Jul 2015 08:32
(ShareCast News) - ITV delivered a strong financial performance for the first half of the year, with an interim dividend up 36%, but the television broadcaster's audience share was the lowest for 15 years. Total external revenue rose 11% to £1.4bn thanks to 5% growth in net advertising revenue, a 27
Read moreITV to exclusively broadcast The Americans seasons 3 and 4
20th Jul 2015 16:00
(ShareCast News) - British broadcaster ITV has secured exclusive rights for the premiere of 'The Americans' seasons 3 and 4. The series will air on ITV Encore, its new subscription drama channel, later this summer and follows last week's Emmy nomination for Oustanding Drama Series. The Americans is
Read moreFTSE 100 movers: Meggitt surges on merger mumbles, Carney chat hits housebuilders
14th Jul 2015 14:29
(ShareCast News) - London markets edged lower on Tuesday, as losses from housebuilders, engineers and financials eclipsed gains made by industrial metals. As of 14:00 BST, the FTSE 100 was trading 0.2% lower at 6,727. Shares in defence and aerospace engineer Meggitt rose following a report in the F
Read morePearson given low grade by Morgan Stanley on education angst
14th Jul 2015 12:02
(ShareCast News) - A note on the media and internet sector from Morgan Stanley weighed on Pearson shares on Tuesday, as the educational publisher was downgraded among a largely positive stance on its peers. After the sector outperformed in the first half of the year, Morgan Stanley's analysts moved
Read moreBroker Tips: ITV, Sky, Ladbrokes, William Hill, Hiscox
14th Jul 2015 11:22
(ShareCast News) - ITV was under the cosh in early trading after Deutsche Bank downgraded the stock to 'sell' from 'hold'. The broker said the UK broadcasting market has been "kind" to ITV, noting that Channel 5 had its programming budget slashed and Channel 4 has focused on its public service remit
Read moreITV shares under pressure on Deutsche Bank downgrade
14th Jul 2015 09:28
(ShareCast News) - ITV was under the cosh in early trading after Deutsche Bank downgraded the stock to 'sell' from 'hold'. It said the UK broadcasting market has been "kind" to ITV, noting that Channel 5 had its programming budget slashed and Channel 4 has focused on its public service remit and los
Read moreITV's chairman buys new shares
3rd Jul 2015 15:28
ITV's chairman increased his stake in the TV network one week after the group's acquisition of Boom Supervisory. Archie Norman acquired 11,784 shares at 266.69p each, spending a total of £31,427 in the transaction. Following the purchase, Norman, who has been the chairman of ITV since 2010, holds 1
Read moreLondon close: BP leads UK stocks higher, but other markets slip
2nd Jul 2015 16:44
Decent gains from blue chips BP and Dixons Carphone helped UK markets to rise on Thursday, bucking the negative trend seen across Europe as investors started to trim positions ahead of a pivotal weekend for Greece. With Greece confirming its intention to hold a referendum on Sunday, and the country'
Read moreOfcom rebuffs ITV's retransmission idea but raises hopes for TV advertising review
2nd Jul 2015 16:06
Television and telecoms regulator Ofcom put a dent in ITV's calls for 'retransmission' fees to be introduced, but said it might re-examine TV advertising minutage rules or impose a levy on pay-TV revenues. Retransmission fees, which would see subscription TV providers pay to carry public service bro
Read moreFTSE 100 movers: Intertek hit by downgrade, miners higher
2nd Jul 2015 13:14
The FTSE 100 was buoyed by a tentative recovery in metal prices, strong construction data and gains in the pharmaceuticals, insurance and telecommunications sectors on Thursday. As of 15:00 BST, London's blue chip index was trading 0.5% higher at 6,638. BP led the index higher after a robust rally
Read moreITV to buy 'Educating Yorkshire' producer Twofour
24th Jun 2015 12:19
ITV said on Wednesday that it has agreed to acquire Boom Supervisory, the holding company of Twofour Group, for an initial cash consideration of £55m for 75% of the group. ITV said that it could pay as much as £280m for the group, which produced over 1,200 hours of programming in 2014. Its productio
Read moreMonday newspaper round-up: Greece, RBS, Altice/Bouygoes Telecom
22nd Jun 2015 06:43
Greek creditors are hoping to secure a deal to stop Athens defaulting and leaving the euro by extending its bailout by six months and supplying up to €18n in rescue funds, writes The Guardian. However, officials stressed that progress hinged on a positive response from Greek PM Alexis Tsipras. RBS i
Read moreFriday newspaper round-up: Greece, Russia, BG Group
29th May 2015 07:35
IMF chief Christine Lagarde admitted she could not "preclude" a Greek exit, after four months of tortuous bail-out talks that have failed to get both sides closer to a deal to release aid to the country. - Daily Telegraph Newly built military training camps close to the Ukrainian border have become
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