Deutsche Bank upgrades Sky to 'buy' on online video hopes
14th Jul 2015 10:04
(ShareCast News) - Analysts at Deutsche Bank upgraded their rating for Sky from 'hold' to 'buy' and raised estimates for 2017 by 20% more than consensus. In a note to clients, Deutsche Bank said the FSTE 250 firm was the best positioned in Europe to capitalise on growth areas related to online video
Read moreTuesday share tips: Sky, BG Group, Vodafone
30th Jun 2015 12:02
Sky´s decision to dedicate one of its channels solely to Formula 1 fits in well with its strategy as a content distributor, but a theoretical purchase of the franchise whole does not. Speculation has surfaced it might do just that, with Liberty Global and a group backed by the Qatari government also
Read moreSky calls for enquiry into broadband market
29th Jun 2015 12:57
Sky has called on industry regulator Ofcom to instigate a full market investigation to examine problems affecting consumers in the UK's broadband marketplace. The company believes that issues covering both competition and quality of service are sufficient for Ofcom to ask the Competition and Markets
Read moreSunday newspaper round-up: Network Rail, Sky, Channel 4
28th Jun 2015 16:54
Network Rail directors have been meeting with government officials to explore the potential quasi-privatisation of the company, the Sunday Times reported. The idea is being considered as a way to fix its service and prevent costs from spiralling on major projects. The newspaper cited senior sources
Read moreSky and Liberty Global "considering bids for Formula One"
28th Jun 2015 13:55
British Sky Broadcasting and Liberty Global have both been suggested as potential bidders for CVC's stake in Formula One, rivalling RSE Ventures which was last week revealed to be preparing its own offer. Insiders told the Sunday Times that RSE, which is partnering Qater Sports Investments on the ap
Read moreLondon close: Stocks end up 1.7% on Greek optimism, M&A provides a boost
22nd Jun 2015 16:28
UK stocks surged on Monday on hopes that Greece and its creditors would be able to reach a deal to secure the next tranche of bailout aid later this week. While there was no new cash-for-reforms agreement at meetings in Brussels, officials said a last-minute proposal by Athens was a good basis for f
Read moreFTSE 100 movers: Sky soars on takeover rumours, miners lower
22nd Jun 2015 13:31
London markets rebounded on Monday, buoyed by hopes of a short-term funding deal for Greece and strength in the construction, telecommunications and real estate sectors. As of 2:30 BST, the FTSE 100 was trading 1.39% higher at 6,804. Sky was in demand on rumours that the Murdoch family may be consi
Read moreLondon midday: M&A propels stocks as Greek hopes rise ahead of EU summit
22nd Jun 2015 11:31
Rising hopes over a short-term funding deal for Greece lifted UK stock markets on Monday, with M&A activity providing a further fillip to shares. The FTSE 100 was trading up 1.18% at 6,789.43 by midday, with blue chips Sky and Severn Trent rising strongly on speculation the companies could be bid ta
Read moreLondon open: UK stocks surge as Greek hopes rise, Sky jumps
22nd Jun 2015 08:30
UK stocks surged on Monday morning as investors breathed a sigh of relief on the back of rising hopes that Greece is set to secure a short-term deal with creditors. The FTSE 100 was trading up 1.36% at 6,801.41 early on. According to reports, Greece's lenders are working on a deal to extend the cou
Read moreOfcom demands BT open up business broadband network
15th May 2015 08:58
The UK telecoms regulator Ofcom has set out new proposals to weaken the hold of BT on the business broadband market. New measures announced by Ofcom on Friday will force BT to give competitors physical access to its 'dark fibre' network of fibre-optic cables and to provide minimum service levels for
Read moreWednesday broker round-up
29th Apr 2015 19:53
Sky: JP Morgan reiterates neutral stance and 1,170p target. GlaxoSmithKline: UBS reiterates buy and 1,700p target. StanChart: Nomura reiterates neutral and lifts target to 1,170p from 1,030p. UBS reiterates neutral stance with 1,000p target. Henderson Group: Citi reiterates buy with 3,250p target.
Read moreWednesday broker round-up
22nd Apr 2015 12:33
BHP Billiton: UBS reiterates buy and 1,625p target price. Rio Tinto: Deutsche Bank stays at buy and 4,200p target. Sky: Goldman Sachs maintains neutral and 1,200p target. Associated British Foods: Nomura lifts target to 2,850p from 2,760p and reiterates neutral. ARM Holdings: Exane BNP reiterates
Read moreLondon close: Late rally pushes FTSE higher after choppy session
21st Apr 2015 16:25
UK stocks ended a choppy session in the green as an afternoon rally saw the FTSE 100 erase losses and push back towards its record high. "A good set of European earnings results sent stocks in Europe back towards all-time highs on Tuesday, sustained by ECB bond-buying and the lingering effects of th
Read moreFTSE 100 movers: Sky rockets on Q3 results, miners and oils stocks lower
21st Apr 2015 13:44
Sky topped the FTSE 100 risers after third-quarter results showed the most growth in 11 years. The broadcaster grew customer numbers 70%, which fed through to a 20% increase in operating profits. Smartphone and tablet microchip designer ARM Holdings surged after beating its own guidance with a 14% j
Read moreTuesday broker round-up
21st Apr 2015 13:18
Tullow Oil: Deutsche Bank reiterates hold and keeps target price at 370p. Tesco: Citi reiterates neutral and 235 target price. BHP Billiton: Barclays reiterates overweight and lifts target to 3,500p from 3,300p. Rio Tinto: Barclays downgrades to equalweight and lower target to 2,850p from 3,350p.
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