Blackrock takes stake in Sky up to 5%
20th Jul 2016 09:24
(ShareCast News) - Blackrock increased its voting rights in Sky by 0.13 percentage points to 5% on 15 July via the purchase of CFD´s, the media group said in a statement released on 20 July. As of 10:11 BST shares in Sky were higher by 0.79% to 896.50p.
Read moreBroker tips: Sky, Cairn Energy, FTSE 100
19th Jul 2016 15:38
(ShareCast News) - Shares in Sky rose on Tuesday as RBC Capital Markets lifted its rating on the stock to 'outperform' from 'underperform' and raised its target price to 1,100p from 1,000p. "Our view reflects (1) the lower share price; (2) de-risking of rights renewal in Germany; (3) upside from mob
Read moreSky shares rise as RBC raises rating to 'outperform'
19th Jul 2016 09:28
(ShareCast News) - Shares in Sky rose on Tuesday as RBC Capital Markets lifted its rating on the stock to 'outperform' from 'underperform' and raised its target price to 1,100p from 1,000p. "Our view reflects (1) the lower share price; (2) de-risking of rights renewal in Germany; (3) upside from mob
Read moreTelecoms row over BT's control of Openreach
7th Jul 2016 11:52
(ShareCast News) - BT Group's control over Openreach is being challenged by Sky after findings that the company's £47bn retirement scheme would be unaffected by financial independence for the network unit. Regulator Ofcom will this month publish a detailed proposal for the future of Openreach, a mon
Read moreSky boosts children's offering with NOW TV
21st Jun 2016 14:16
(ShareCast News) - Subscription broadcaster Sky has waded deeper into the children's television arena on Tuesday, with the launch of the NOW TV Kids Month Pass. The FTSE 100 firm said the product - which is delivered to a customer's device or a specific set-top box - delivers six live kids channels
Read moreFinancials, Fixed-line telecoms pace gains
20th Jun 2016 15:48
(ShareCast News) - Life insurers, Fixed line telecommunications, Banks and financial services paced jumped after a flurry of polls over the weekend pointed to renewed momentum for the 'Remain' camp. The news sent the Footsie to its largest one-day advance since February, with just three of the bench
Read moreUBS sees rebound in Sky, BT Group, TalkTalk on Bremain
20th Jun 2016 12:36
(ShareCast News) - Telecoms stocks should 'outperform' under a 'Leave' scenario, but even in the case of 'Bremain' names such as Sky, BT Group and TalkTalk should see a rebound, analysts at UBS said. In case of Brexit, UBS's strategy team foresaw three potential effects; sterling re-rating to parity
Read moreMonday newspaper round-up: BHS, Sports Direct, Sky, National Grid
13th Jun 2016 06:57
(ShareCast News) - Retail tycoon Mike Ashley has opened a new front in the war of words surrounding the fate of BHS, claiming there is still time to save thousands of jobs as he made a third approach for the collapsed department store chain once owned by rival billionaire Sir Philip Green. However,
Read moreFriday broker round-up
10th Jun 2016 15:10
(ShareCast News) - Poundland: HSBC reiterates hold with a target price of 160p. Glencore: JP Morgan keeps at neutral with a 150p target. Home Retail: HSBC stays at hold with a target price of 165p. Booker: HSBC keeps at buy with a target of 230p. Safestore: Berenberg stays at buy with a target pr
Read moreBroker tips: WANdisco, Sky, Auto Trader
10th Jun 2016 13:12
(ShareCast News) - Shares in WANdisco muscled ahead more than 11% as finnCap placed its 'hold' rating on the provider of non-stop big data under review, as well as the company's 200p-a-share target price. The company has today announced a proposed $15m fundraising at 160p a share and a potential exp
Read moreShore Cap reiterates 'buy' on Sky after German Bundesliga TV deal
10th Jun 2016 09:04
(ShareCast News) - Shore Capital on Friday reiterated its 'buy' rating and target price of 955p on Sky after the broadcaster secured the lion's share of TV rights to German Bundesliga football matches for €3.5bn. Sky is paying €876m per year in the four-year deal with the German Professional Footbal
Read moreSky inks €876m a year Bundesliga broadcast deal
9th Jun 2016 16:02
(ShareCast News) - Pay-TV operator Sky has inked a deal that will see it broadcast Germany's Bundesliga football through to 2021 at an average rights cost of €876m a year, from €486m under the existing contract. The win followed a successful outcome to the German Professional Football Association's
Read moreCredit Suisse reiterates outperform on BT Group
8th Jun 2016 11:34
(ShareCast News) - Credit Suisse reiterated its 'outperform' stance on BT Group stock, telling clients that markets were not yet pricing in the likely outcome to Ofcom´s upcoming Wholesale Local Access (WLA) review, among other factors. Given that Sky had ruled out building a UK fibre network and Ta
Read moreSunday newspaper round-up: Sky, IAG, IPOs
22nd May 2016 20:55
(ShareCast News) - Sky has emerged as potential kingmaker in a looming £9bn bid battle between private equity giants for mobile operator O2. The pay-TV company is being courted by at least five buyout specialists seeking its heavyweight backing for their bids, City sources revealed. Discussions are
Read moreSky, Vodafone, TalkTalk press for Ofcom to separate BT from Openreach
16th May 2016 09:36
(ShareCast News) - Telecoms regulator Ofcom should force BT Group to further separate its Openreach infrastructure arm for the good of the industry, according to a letter from media and telecoms groups including Sky, Vodafone and TalkTalk. The chief executives of Sky, TalkTalk, Vodafone and two netw
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