Crafty Fox fine-tunes offer for Sky
8th Aug 2018 07:49
(Sharecast News) - Overnight, 21st Century Fox published an offer for Sky priced at £14 per share overnight, short of a rival bid from Comcast at £14.75 per share.
Read moreInvestments in tech and content paying off for Sky
26th Jul 2018 07:24
(Sharecast News) - Sky reported a 5% improvement in like-for-like revenue in its results for the 12 months ended 30 June on Thursday, to £13.6bn.
Read moreTalks between Sky and Mediaset for Italian pay TV unit well advance, Il Sole reports
17th Feb 2017 08:26
(ShareCast News) - Contacts between Mediaset and rival London-listed Sky for the sale of the former's pay-TV unit Premium were well advanced, Italian daily Il Sole 24 Ore reported. --- More to follow ---
Read moreSunday newspaper round-up: Inflation, RBS, Brexit defeat, BAE Systems
12th Feb 2017 15:06
(ShareCast News) - Higher food and fuel prices drove inflation to a three-year zenith of 2% in January, up from 1.6% in December, with more increases coming as the year progresses. Figures from the Office for National Statistics are expected to confirm the jump in inflation this week, the Sunday Tel
Read moreSky's interim sales strong but profits hit by Premier League costs
26th Jan 2017 07:22
(ShareCast News) - Sky's profits fell in the first half of the year as it absorbed a step-up in costs for Premier League broadcasting rights, invested in Germany and Italy, and launched its mobile service in the UK. In the media group's first public announcement since 21st Century Fox's 1,075p per s
Read moreSector movers: Miners pace gains as dollar weakens on Trump
23rd Jan 2017 15:55
(ShareCast News) - Steelmakers and miners found an unexpected ally at the start of the week in the form of a weaker US dollar in the wake of what a fair bit of market commentary appeared to label as a rather protectionist Inauguration Day speech by US President Donald Trump. That drove a haven bid f
Read moreSunday newspaper round-up: Industrial strategy, May to meet Trump, Barclays, courgettes
22nd Jan 2017 15:04
(ShareCast News) - Theresa May will on Monday reveal her '10 pillars' industrial strategy that will aim to boost sector productivity. The Sunday Times said the Prime Minister's long-awaited green paper includes measures to improve skills, boost scientific research, and increasing spending on broadba
Read moreSunday newspaper round-up: Hard Brexit, Putin, Hammond
15th Jan 2017 16:35
(ShareCast News) - Theresa May will announce that Britain is seeking a clean and hard Brexit in a speech this week that will promise to create a "strong new partnership" with the European Union. The prime minister will finally lay her cards on the table, making clear that the UK is set to pull out o
Read moreTuesday broker round-up
3rd Jan 2017 10:54
(ShareCast News) - BP: UBS reiterates buy with a target price of 550p. InterContinental Hotels Group: Barclays upgrades to overweight, 4000p target. Debenhams: Deutsche Bank downgrades to sell with a 5200p target. Amerisur: Barclays reiterates equal weight with a 36p target. Next: Deutsche Bank d
Read moreCredit Suisse downgrades Sky, ups price target on 21st Century deal
22nd Dec 2016 08:01
(ShareCast News) - Credit Suisse downgraded broadcaster Sky to 'neutral' from 'outperform' but lifted its price target on the stock to 1,075p from 980p to bring it into line with the offer from 21st Century Fox. The bank said potential upside of about 9% at some point within a 12-month time frame is
Read moreSky's 'cheapest fibre broadband' claims possibly misleading
21st Dec 2016 08:58
(ShareCast News) - Sky kicked off a battle of the cheap 'fibre' broadband on Wednesday, issuing a press release claiming it now has the cheapest superfast connections in the UK. The subscription broadcaster and telecoms provider said it was now offering its lower-tier fibre connections for £20 a mon
Read moreThursday broker round-up
15th Dec 2016 15:25
(ShareCast News) - Wood Group: UBS reiterates neutral with a target price of 875p. Burberry: Exane BNP Paribas keeps at neutral, 1490p target. Inmarsat: Deutsche Bank reiterates buy with a 1030p target. Sports Direct: Canaccord reiterates sell with a 160p target. Vodafone: Deutsche Bank reiterate
Read moreBroker tips: Sky, Sports Direct, Aggreko
15th Dec 2016 15:16
(ShareCast News) - UBS reiterated a 'buy' rating on Sky and raised the target price to 1,370p from 1,310p on Thursday after Rupert Murdoch proposed a deal to a full takeover of the broadcaster. Murdoch's Twenty-First Century Fox on Friday announced a preliminary deal to buy the rest of the shares in
Read moreSky and 21st Century Fox reach £18.5bn takeover deal
15th Dec 2016 12:58
(ShareCast News) - An agreement has been reached for 21st Century Fox's takeover of broadcaster Sky. The BBC reported on Thursday that Sky has been valued at £18.5bn and its shareholders will receive £10.75 for each share. Some shareholders are not in favour of the takeover as the bid undervalues S
Read moreUBS reiterates 'buy' on Sky amid Fox takeover talks
15th Dec 2016 09:35
(ShareCast News) - UBS reiterated a 'buy' rating on Sky and raised the target price to 1,370p from 1,310p on Thursday after Rupert Murdoch proposed a deal to a full takeover of the broadcaster. Murdoch's Twenty-First Century Fox on Friday announced a preliminary deal to buy the rest of the shares in
Read more