Reach defends director Hatch after revolt over missed meetings

6th Nov 2020 14:08

(Sharecast News) - Reach said non-executive director Steve Hatch was an "invaluable" member of the board but kept its options open after almost a third of shareholder votes opposed him at the company's annual general meeting.

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Reach to axe 550 jobs as Covid-19 hammers revenues

7th Jul 2020 07:37

(Sharecast News) - Daily Mirror and Daily Express publisher Reach said it was axing 550 jobs to slash costs as the coronavirus pandemic hammered advertising revenues.

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Reach suspends guidance, dividend amid pandemic

6th Apr 2020 09:01

(Sharecast News) - Reach suspended its final dividend and 2020 guidance on Monday as it said some employees will take a pay cut due to the coronavirus pandemic.

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Reach expects Covid-19 impact but leaves dividend unchanged

26th Mar 2020 08:35

(Sharecast News) - Reach said it expected the coronavirus crisis to hit advertising revenue, print sales and events but the publisher of the Mirror and Express newspapers left its dividend intact for now.

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Tuesday broker round-up

3rd Mar 2020 12:46

(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.

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Reach reports improved FY profits despite lower revenues

24th Feb 2020 10:06

(Sharecast News) - Print and digital publisher Reach posted some improved profits for 2019 on Monday despite witnessing a decline in full-year revenues.

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Director dealings: Reach CEO ups stake

4th Dec 2019 16:45

(Sharecast News) - Reach revealed on Wednesday that chief executive Jim Mullen had acquired 100,000 ordinary shares in the media firm.

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DMGT to buy i newspaper from JPI Media for ?49.6m

29th Nov 2019 12:06

(Sharecast News) - The Daily Mail and General Trust has agreed to buy the i newspaper from JPI Media - formerly Johnston Press - for £49.6m in cash.

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Reach ends talks with JPI Media, posts improvement in LFL sales

29th Nov 2019 10:32

(Sharecast News) - Publisher Reach said on Friday that it was no longer in talks about buying some of the assets of JPI Media as it reported an improvement in like-for-like revenues.

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Reach beats profit forecasts after Express and Star acquisition

25th Feb 2019 12:25

(Sharecast News) - Daily Mirror owner Reach climbed on Monday after its profits beat forecasts following its acquisition of the Daily Express and the Daily Star titles.

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Minister supports measures to balance news publishing market

13th Feb 2019 11:26

(Sharecast News) - The culture secretary has urged the UK competition authorities to study the digital advertising sector for evidence illegal dominance by tech giants, and has pledged to look at creating tax reliefs for online news publishers.

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Barclays reiterates 'equal weight' on Reach following impressive end of year

17th Dec 2018 14:23

(Sharecast News) - Analysts at Barclays reiterated their 'equal weight' rating on British newspaper, magazine and digital publisher Reach on Monday, highlighting the firm's "impressive end to the year".

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Monday broker round-up

17th Dec 2018 08:34

(Sharecast News) - SThree: Numis upgrades to buy with a target price of 400p.

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Monday broker round-up

8th Oct 2018 13:07

(Sharecast News) - Mediclinic International: Investec upgrades to buy with a target price of 448p.

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Ad sales slump makes grim reading for Mirror owner Reach

8th Oct 2018 10:28

(Sharecast News) - Daily Mirror and Express publisher Reach said third quarter print advertising revenues plunged by a fifth as circulation fell by 4%.

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