UTV sales improve
17th May 2011 08:38
Northern Irish broadcaster UTV said revenue in the last four months increased 3% from the same time last year but it remains cautious about the remainder of the year. Revenue at its Radio GB division for the four months to the end of April rose 4% compared to the same period last year while sales
Read moreSmall caps round-up: Aminex, Fortune Oil, Town Centre Securities
18th Nov 2010 16:13
Oil company Aminex is excited about prospects in Tanzania where it has a big drilling programme lined up for 2011, but will need more money to pay for it. "In order to fulfil its ambitious 2011 drilling programme, the company is actively working on the several options available to it for securing r
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 moreLondon Stock Exchange boss makes initial investment
23rd Sep 2010 17:00
Xavier Rolet has invested £158,000 in London Stock Exchange shares. The London Stock Exchange's chief executive has bought the shares for his US pension fund. He acquired 23,000 shares at 689p a share. These are the first shares he has bought since becoming chief executive. Rolet is participatin
Read moreWednesday tips round-up: Vodafone, BPI, UTV Media...
1st Sep 2010 06:42
Vodafone chief executive Vittorio Colao has taken about a billion of costs out of the group, which will generate free cashflow of £6.5bn over each of the next three years. Vodafone does not need the windfalls coming in from China or anywhere else; analysts are dreaming of share buybacks, but no gu
Read moreUTV reinstates divi
31st Aug 2010 16:36
TV and radio broadcaster UTV Media received a welcome advertising revenue boost from the FIFA World Cup tournament, helping it post improved first half figures. Group revenue rose by 9% in the first half of 2010 to £59.2m from £54.4m a year earlier, while pre-tax profit jumped 17% to £9.4m from £8.
Read moreLondon afternoon: Full steam ahead for Carnival
23rd Mar 2010 14:15
London's leading shares consolidated gains over the lunch-time trading session after notching up solid gains in the morning. Cairn Energy remains the stand-out performer among blue-chips by some distance. The oil group raised its forecast for peak production from its Indian assets by over a third t
Read moreUTV profit falls, sees improvement
23rd Mar 2010 07:56
Irish TV and radio broadcaster UTV Media said full year profit fell but it had seen some improvements in the advertising market so far this year. Pre-tax profits before exceptional items fell to £18.1m for the year ended 31 December 2009 from £20.7m the year before. Revenue was down by 6% to £112.1
Read moreUTV Media sees profit in line with forecasts
18th Nov 2009 09:05
Shares in Irish TV and radio broadcaster UTV Media rose 2.68% as it said operating profits for 2009 are expected to be broadly in line with market forecasts, helped by cost cuts. UTV said revenue dropped 8% in the 10 months ended 31 October from the same time a year before. Like for like revenue de
Read moreMid-cap round-up: Salamander, UTV, Talvivaara
27th Aug 2009 08:43
Salamander Energy, the Asia focussed oil and gas exploration firm, slipped into losses of the half-year as higher costs eroded revenue gains. Revenue came in at $77.2m against $46.8 last year but the group still incurred losses of $5.7m from the $3.84m profit before. Total cost of sales increased t
Read moreLondon close: Footsie ends on low note
15th May 2009 16:29
London closed lower after a lacklustre afternoon session with losses on properties and travel companies outweighing gains on miners. Shocking figures from property giant Land Securities on Wednesday still cast a shadow over the real estate investment trusts (REITs). LandSecs leads the sector lowe
Read moreLondon afternoon: Travel companies trip Footsie
15th May 2009 14:10
London continues its gentle downward drift, with losses on properties and travel companies outweighing gains on miners. The market seems unlikely to get any sort of lift from Wall Street which is expected to open moderately weaker. Shocking figures from property giant Land Securities on Wednesday
Read moreLondon midday: Rally stalls
15th May 2009 12:15
Weak properties and oils have pitched the Footsie into the red, despite the continued strength of banks and miners. Shocking figures from property giant Land Securities on Wednesday are still casting a shadow over the real estate investment trusts (REITs). LandSecs leads the sector lower but Hammer
Read moreLondon open: Banks give Footsie a boost
15th May 2009 08:48
Banks have helped Footsie make a bright start with reports that Barclays is considering new offers for its iShares arm boosting the whole sector. Barclays may backtrack on a deal to sell its iShares unit to CVC, the private equity group, and instead offload its entire asset management division for
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