Customer demand drives Sky revenues
25th Sep 2015 11:52
(ShareCast News) - Robust demand, new paid-for products and almost one million new customers have seen Sky's revenue for the year rise. The media giant released its results for the year to 30 June 2015 on Friday. The acquisition of Sky Deutschland and Sky Italia also gave the company a boost, with
Read moreSunday share tips: Dairy Crest, Cluff Natural Resources, tightening cycle stocks
20th Sep 2015 15:08
(ShareCast News) - Dairy Crest shares are worth buying, said Danny Fortson in the Sunday Times' Inside the City column. Investors are currently awaiting a Competition & Markets Authority decision on 19 October whether to allow Dairy Crest to sell its dairy business, roughly two thirds of group sales
Read moreSky completes acquisition of Sky Deutschland
15th Sep 2015 10:56
(ShareCast News) - Sky has completed its acquisition of the remaining shares in German pay-TV broadcaster Sky Deutschland. Sky said it completed the acquisition of the 3.82% minority shareholdings in Sky Deutschland earlier on Tuesday, with the cash compensation for the minority shareholdings set at
Read moreSky Sports renews La Liga deal
5th Aug 2015 15:47
(ShareCast News) - Sky Sports has announced it has retained the rights to exclusively broadcast the Spanish La Liga for another three seasons. The broadcaster had come under pressure from rival BT, as the latter looked determined to add the Spanish first division to a portfolio already boasting the
Read moreThursday newspaper round-up: Banks, China, Bombardier
30th Jul 2015 07:46
(ShareCast News) - Despite billions of pounds in fines, several years of investigations and a slew of criminal prosecutions, many banks have yet to take on board the lesson of the market-rigging scandals, a report by the City watchdog has found. In a series of damning findings, the Financial Conduct
Read moreFTSE 100 movers: GSK and Hikma lead blue chips higher
29th Jul 2015 15:24
(ShareCast News) - The FTSE 100 index built an early lead on Wednesday and stayed in positive territory thanks to forecast-busting results from several heavyweights in the pharma, tobacco and banking sectors. London's blue chip index was up 0.57% to 6,592.54 at 1435 BST. Top of the leaderboard mid-
Read moreSky flies as UK customer subscriptions soar
29th Jul 2015 09:09
(ShareCast News) - First full-year results from Sky after the merger with its Italian and German arms were solid and in many places better than the market expected thanks to impressive UK pay TV and broadband subscription levels. An outstanding fourth quarter in the UK and Ireland saw the highest an
Read moreSunday share tips: Sky, Pets at Home
26th Jul 2015 16:27
(ShareCast News) - The Sky is not falling, not yet at least. Household incomes speeding ahead at their fastest clip since 2001 have allowed Sky chief Jeremy Darroch to rise up to the challenge of seeing off competition from BT even while offering further enticements to prospective new subscribers. A
Read moreFriday newspaper round-up: Diageo, Amazon.co.uk, Russia
24th Jul 2015 07:18
(ShareCast News) - The British distiller of Johnnie Walker whisky and Smirnoff vodka has been asked for information from US financial regulators about the shipping of its drinks in the country. Diageo confirmed that the Securities and Exchange Commission (SEC) had made inquiries regarding its distri
Read moreBroker tips: Unilever, Man Group, Sky
23rd Jul 2015 16:01
(ShareCast News) - Nomura held onto its 'reduce' rating on Unilever, with its forecasts below consensus and a target price more than quarter lower that the shares' current level. "Despite a better quarter than we expected, we continue to believe UNA will struggle to get over 3% underlying sales grow
Read moreEU launches anti-trust probe against six Hollywood studios, Sky
23rd Jul 2015 14:35
(ShareCast News) - The European Union has launched an anti-trust case against six Hollywood movie studios and broadcaster Sky for allegedly denying consumers access to movies and TV shows. Walt Disney Studios, NBCUniversal, Paramount Pictures, Sony Pictures Entertainment, 20th Century Fox and Warner
Read moreMacquarie upgrades Sky and names it "top pick"; downgrades BT, TalkTalk
23rd Jul 2015 13:10
(ShareCast News) - Macquarie upgraded Sky to 'outperform' from 'neutral', raised its price target to 1,400p from 900p and named the stock its top pick in the UK. The bank said that in general across Europe it favours premium operators that are investing in networks and that are indirect beneficiarie
Read moreFTSE 100 movers: Meggitt surges on merger mumbles, Carney chat hits housebuilders
14th Jul 2015 14:29
(ShareCast News) - London markets edged lower on Tuesday, as losses from housebuilders, engineers and financials eclipsed gains made by industrial metals. As of 14:00 BST, the FTSE 100 was trading 0.2% lower at 6,727. Shares in defence and aerospace engineer Meggitt rose following a report in the F
Read moreLondon midday: Homebuilders knocked lower by remarks from Carney
14th Jul 2015 13:09
(ShareCast News) - Bank of England Governor Mark Carney told the Treasury Select Committee Bank Rate may be headed higher a little bit sooner than markets anticipated, sending stocks - especially homebuilders - listed on the second tier index promptly lower. As of 12:13 the top flight index was off
Read moreBroker Tips: ITV, Sky, Ladbrokes, William Hill, Hiscox
14th Jul 2015 11:22
(ShareCast News) - ITV was under the cosh in early trading after Deutsche Bank downgraded the stock to 'sell' from 'hold'. The broker said the UK broadcasting market has been "kind" to ITV, noting that Channel 5 had its programming budget slashed and Channel 4 has focused on its public service remit
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