James Murdoch returns as Sky chairman
29th Jan 2016 07:04
(ShareCast News) - Sky has announced James Murdoch will return as chairman of the FTSE 100 broadcaster, as the company announced strong revenue growth for the first half of the year. It will be his third time leading the company, after serving as chief executive from 2003 to 2007, and then chairman
Read moreOfcom launches business broadband code to highlight internet speed misselling
26th Jan 2016 11:25
(ShareCast News) - Businesses were being promised more accurate information on broadband speeds on Tuesday, with Ofcom revealing details of a new code of practice that will allow companies to walk away from contracts free of charge if speeds are not as promised. The regulator said that, under a new
Read moreLondon pre-open: Stocks to start higher with traders focused on oil, central banks
25th Jan 2016 07:22
(ShareCast News) - UK equities are seen starting the day on the front-foot following following another strong rebound on Wall Street last Friday and gains overnight on the main Asian bourses. All eyes are on the price of oil, as its crash is increasingly considered, alongside Chinese policy moves, a
Read moreSky invests in advertising analytics company
25th Jan 2016 07:06
(ShareCast News) - Sky has invested $10m (£7.0m) in programmatic marketing analytics, data management and media activation software company DataXu. The FTSE 100 broadcaster said on Monday the investment is another example of the company taking a stake in innovative companies to bring in new ideas, i
Read moreFive City traders accused of insider dealing Sky, L&G and Paragon shares
18th Jan 2016 15:46
(ShareCast News) - Five day traders, including brokers at Deutsche Bank and Panmure Gordon, have been accused of making more than £7m from the biggest ever insider trading case in the City of London. Prosecutors representing the Financial Conduct Authority at Southwark Crown Court since last Monday
Read moreBT and TalkTalk broadband pricing appeals to be referred to CMA
6th Jan 2016 12:48
(ShareCast News) - After BT and TalkTalk appealed against telecom regulator Ofcom's ruling on superfast broadband charges, the matter has been referred to the the Competition and Markets Authority. The Competition Appeal Tribunal has referred the matter to the CMA following the appeals made after Of
Read moreSky invests in US-based special interest TV provider
3rd Dec 2015 07:12
(ShareCast News) - Sky said it had invested $0.3m in Los Angeles-based TV4 Entertainment, which owns a growing portfolio of special-interest television channels aimed at audiences which are "typically underserved by traditional TV companies". The channels are distributed across multiple online platf
Read moreBroker tips: Barclays, Cineworld, BT Group
30th Oct 2015 12:01
(ShareCast News) - Analysts at Goldman Sachs lowered their target price for shares of Barclays after the group guided to above consensus on costs, but gave short shrift to concerns about the now lower target from the lender for return-on -equity. The banking group lowered its target for return-on-eq
Read moreNomura sees regulatory headwinds on the horizon at BT, but stays at neutral
30th Oct 2015 11:35
(ShareCast News) - Sky´s aggresive customer retention efforts kept BT Group from accelerating the pace of broadband additions in the second quarter and there were regulatory clouds massing on the horizon, Nomura said. The former neutralised BT´s marketing around the launch of its UEFA content, but t
Read moreTalkTalk tumbles further as hacking fears linger, MPs launch inquiry
26th Oct 2015 10:56
(ShareCast News) - Shares in TalkTalk and some telecoms sector peers were knocked back for the second time since Friday's cyber-heist, after hackers warned over the weekend that they were planning another attack A parliamentary inquiry into the attack has been planned, culture minister Ed Vaizey tol
Read moreLondon close: Stocks struggle to find direction on lack of drivers
21st Oct 2015 16:16
(ShareCast News) - London stocks ended Wednesday's session flat after wavering throughout the day amid a lack of economic drivers. Equities struggled to find direction as there were few data releases apart from UK public finances, Markit's Household Finance Index and Japanese trade data. UK's headl
Read moreLondon midday: Equity markets rebound as public finance figures beat forecasts
21st Oct 2015 11:19
(ShareCast News) - UK equity markets on Wednesday rebounded from earlier declines after better-than-expected public finance figures. The UK's headline public borrowing declined from an upwardly revised £11.6bn to £9.4bn in September, compared with analysts' expectations for a £10.1bn reading, accord
Read moreSky starts strongly as broadband subscribers mushroom
21st Oct 2015 07:03
(ShareCast News) - Sky has reported a strong first quarter book, with new paid-for subscription products boosting the company's revenue. The FTSE 100 company posted its first quarter results to 30 September on Wednesday, where it posted quarterly revenue of £2.8bn, up 6% on the previous year. That
Read moreWednesday preview: Sky reports first quarter, ARM Holdings posts third quarter
20th Oct 2015 12:54
(ShareCast News) - Sky is expected to report a solid first quarter on Wednesday despite losing the broadcasting rights to the Champions League. The company is forecast to report 5% increase in revenues to an underlying £2.78bn and a 5% increase in earnings before interest and tax to £363m, "We expe
Read moreFTSE 100 Movers: SABMiller rises on offer speculation; Glencore hammered
28th Sep 2015 13:35
(ShareCast News) - The FTSE 100 was trading 96.88 points or 1.59% lower at 6,012.13 by mid-afternoon on Monday. SABMiller fought the trend and rose on the back of news on Sunday that an offer for the brewing giant could be tabled by AB InBev much sooner than originally anticipated. The Sunday Times
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