ITV Make Little Progress On Pay TV Plans - Report
27th Jun 2010 12:37
LONDON (Dow Jones)--ITV PLC (ITV.LN) is nearing the end of a strategic review but has no solution for its pay-TV operation, The Mail on Sunday reports without citing sources. Chairman Archie Norman, when taking up his role, was keen to expand into the pay-tv market, which is dominated by British
Read more3rd UPDATE: BBC Trust Approves Project Canvas, Sets Conditions
25th Jun 2010 12:21
(Adds Project Canvas, Virgin Media comments) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The British Broadcasting Corp.'s controlling trust Friday approved Project Canvas, a joint venture Web-television service that will bring Internet content and new video-on-demand
Read more2nd UPDATE:BBC Trust Approves Project Canvas, Sets Conditions
25th Jun 2010 11:57
(Adds BBC Trust comments) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The British Broadcasting Corp.'s controlling trust Friday approved Project Canvas, a joint venture Web-television service that will bring Internet content and new video-on-demand to the TV. But
Read moreUPDATE: BBC Trust Approves Project Canvas, Sets Conditions
25th Jun 2010 11:22
(Adds Project Canvas comments, details.) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The British Broadcasting Corp.'s controlling trust Friday approved Project Canvas, a joint venture Web-television service that will bring Internet content and new video-on-demand to t
Read moreBBC Trust Approves Project Canvas, Sets Conditions
25th Jun 2010 10:46
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The British Broadcasting Corp.'s controlling trust Friday approved Project Canvas, a joint venture Web-television service that would bring Internet content and new video-on-demand to the TV, subject to several conditions. Th
Read moreMARKET TALK: Morgan Stanley Downgrades ITV To Equalweight
25th Jun 2010 07:12
0612 GMT [Dow Jones] Morgan Stanley downgrades ITV (ITV.LN) to equalweight from overweight and cuts the price target to 66p from 70p. The brokerage is setting "realistic advertising expectations" for a tougher UK economic background. Meanwhile, it notes that the UK Culture Secretary has said the co
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
25th Jun 2010 07:12
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0612 GMT [Dow Jones] Morgan Stanley downgrades ITV (ITV.LN) to equalweight from overweight and cuts the price target to 66p
Read moreBroker snap: 800p+ BSkyB offer looks likely
16th Jun 2010 12:45
There is a high probability of News Corp coming back to British Sky Broadcasting (BSkyB) with an offer on or north of 800p per share, but the shares are likely to trade below this level, reflecting regulatory risk, Panmure Gordon reckons. Even so, the broker thinks the bid approach (announced on Tu
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
10th Jun 2010 12:47
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1147 GMT [Dow Jones] Royal Bank of Scotland nudges up ITV (ITV.LN) price target to 75p from 71p. Thinks the company is the
Read moreMARKET TALK: RBS Nudges Up ITV Price Target
10th Jun 2010 12:47
1147 GMT [Dow Jones] Royal Bank of Scotland nudges up ITV (ITV.LN) price target to 75p from 71p. Thinks the company is the most logical buyer for Five, now that RTL has indicated it is exploring a disposal. RBS says the deal would be highly accretive to ITV's earnings. Estimates 24% potential EPS ac
Read moreOFT won't investigate Project Canvas
19th May 2010 16:14
The Office of Fair Trading says that it will not investigate the Project Canvas internet television joint venture. The OFT says that Project Canvas does not come within its jurisdiction because none of the joint venture partners are contributing existing businesses. The BBC is contributing its res
Read moreFTSE 250 movers: Barratt builds gains
12th May 2010 13:56
Housebuilder Barratt is in demand after saying it expects to report an underlying profit in the second half of its current financial year after a pick-up in both prices and forward reservations. Shares in ITV are wanted despite a ruling from the Competition Commission saying the broadcaster will no
Read moreITV told price controls on ad sales must stay
12th May 2010 08:34
ITV will not be allowed to increase the amount it charges advertisers after the Competition Commission (CC) decided the broadcaster was too big for price controls to be lifted. "ITV's unrivalled ability to deliver large audiences on ITV1 means that the Contracts Rights Renewal (CRR) undertakings ar
Read moreLondon close: Shares slide after election
7th May 2010 16:48
Shares continued sliding on Friday as the European debt crisis rumbled on and after the previous day's election failed to produce a decisive result. Germany's parliament has approved a rescue package for Greece, but traders are still worried that the debt problems could spread to other countries, i
Read moreLondon afternoon: RBS leads retreat
7th May 2010 14:35
The market rally seen towards the end of the morning session fizzled out over lunch as London joined other European markets in retreat. Prime Minister Gordon Brown has moved into line with Liberal Democrat leader Nick Clegg and agreed that the Conservative party, which won the most seats in yesterd
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