STV Group to reinstate dividend, slashes debt
21st Aug 2013 08:24
Media company STV Group posted improved half year earnings and said will reinstate dividend payments with a planned 1.5p per share for 2013, to be confirmed in early 2014. The Scottish digital media business, which produces well known British game show Catchphrase for ITV1, said pre-tax profit rose
Read moreNew Thorntons Chairman buys a chunk of shares as profits climb
25th Feb 2013 16:31
The new Chairman of Thorntons increased his stake in the High Street chocolatier by around a half on Monday, the same day that the company revealed a massive jump in profits in the first half. Paul Wilkinson purchased ome 310,000 shares in the company (equal to a 0.45% stake) at a price of 47p a sh
Read moreSTV Group creates celebrity special for ITV's new Catchphrase
15th Feb 2013 10:23
Media company STV Group has been commissioned by ITV to bring a one-hour celebrity special to the new version of British game show Catchphrase. The show, which ran from 1986 to 2002, is being brought back to screens early this year with new host Stephen Mulhern. STV Group will produce a one-off
Read moreMillennium and Copthorne Hotels non-exec makes sale
4th Apr 2012 15:45
Richard Hartman, a Non-Executive Director of FTSE 250 firm Millennium and Copthorne Hotels, sold 132,694 shares in the company on April 3rd at a price of 478.00p each. The £634,277 transaction followed the vesting of around 479,000 shares under the firm's long term incentive plan on March 30th 200
Read moreSpectris director trims stake
5th Mar 2012 15:45
Roger Stephens, Head of Commercial and Company Secretary of Spectris, the FTSE 250 high-flying instrumentation and controls group, has sold a stack of shares in the firm less than a month after the firm unveiled better-than-expected profits before tax and hike in the dividend. Stephens, who joined
Read moreSTV tightens costs as ad markets continue to soften
23rd Feb 2012 07:15
Scottish digital media business STV said tight cost controls offset soft advertising markets as it reported full year results in line with expectations. The group, which holds the ITV licenses for central and northern Scotland, said pre-tax profit rose 12% to £14m for the year ended 31 December 201
Read moreITV to expand regional presence with Channel Television acquistion
18th Oct 2011 10:58
Television broadcaster ITV has revealed its intention to acquire Jersey-based Channel Television from its current owners Yattendon Group for an, as of yet, undisclosed sum. In a short statement released this morning, ITV said, "ITV plc announces that it has entered into an agreement with Yattendon
Read moreSTV trading in line with expectations
25th Aug 2011 15:53
Scottish digital media business, STV, plunged into the red in the first half of 2011 after settling a multi-million pound legal dispute with ITV. Pre-tax profit before exceptionals was up 8% at £6.5m, which translated into earnings per share rising 5% to 16.8p. Revenue was down 5% at £47.2m despit
Read moreWolfson non-exec chips in with share purchase
28th Apr 2011 16:06
Glenn Collinson, a non-executive director at Wolfson Microelectronics, spent £86,000 on shares in the chip designer. He took 40,000 at 215p a time, having previously had none. Collinson co-founded the Bluetooth chip specialist Cambridge Silicon Radio (CSR, now a listed company) in 1998. Prior to
Read moreSTV leaps after settling with ITV
27th Apr 2011 09:01
Scottish broadcasting group STV is back in ITV's good books after the pair came to an out of court settlement regarding their various legal disputes. All current and proposed legal actions have ceased with immediate effect and the terms of the settlement include an £18m payment by STV to terrestria
Read moreSmall caps: Argos/Rockhopper, Kedco, STV...
21st Oct 2010 16:08
Argos Resources and Rockhopper Exploration have both signed contracts for a seismic survey of their prospect in the Falklands Basin with Polarcus, the marine geophysical company. The oil and gas exploration groups will acquire a 3D seismic survey over their respective locations, as well as adjacent
Read moreBroker tips: Hardy, TV companies, Vertu Motors
18th Oct 2010 13:27
KBC Peel Hunt expects a strong rebound in the UK television advertising market, and so has initiated coverage of ITV, stv and UTV Media with "buy" ratings for each. The broker's positive stance in the sub-sector is underwritten by the improving trading conditions, although it sees Britain's ITV and
Read moreBroker Snap: Strong rebound in TV advertising
18th Oct 2010 10:18
KBC Peel Hunt expects a strong rebound in the UK television advertising market, and so has initiated coverage of ITV, stv and UTV Media with "buy" ratings for each. The broker's positive stance in the sub-sector is underwritten by the improving trading conditions, although it sees Britain's ITV and
Read moreThursday tips round-up: Bunzl, FirstGroup, Autonomy
22nd Apr 2010 06:09
Bunzl, which distributes a variety of products, including food packaging and catering equipment, posted what read as a rather dull update yesterday. Not that dull is bad: when dull means improving margins following cost reductions, dull is pretty good. Indicators are steadily turning positive, and,
Read moreSTV says ad market improving, cautious for H2
21st Apr 2010 08:07
Scottish broadcaster STV said it has seen a strong start to 2010, with ad revenues picking up, but remains cautious about the second half of the year. The group also announced plans to sell Pearl and Dean to Image Limited for £1 on a cash free, debt free basis as it refocuses on its main TV busines
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