|Bid||171.55 x 3209800|
|Ask||171.65 x 712600|
|Day's Range||169.37 - 171.87|
|52 Week Range||141.00 - 208.25|
|PE Ratio (TTM)||16.82|
|Forward Dividend & Yield||0.08 (4.53%)|
|1y Target Est||N/A|
By Danilo Masoni and Helen Reid LONDON (Reuters) - Yet another M&A deal stole the spotlight in British stocks trading on Friday as a $3 billion (2.2 billion pounds) bid sent Zoopla owner ZPG surging 30 ...
The UK's top share index hit a fresh 3-1/2 month high on Thursday after a decision by the Bank of England to keep rates on hold pushed sterling lower, while shares in Royal Bank of Scotland (RBS.L) surged after it settled a probe in the United States. The FTSE index closed 0.5 percent higher at 7,700.97 points, outperforming a slightly negative European market. Sterling dropped after the Bank of England held interest rates steady as expected, but trimmed some losses after Governor Mark Carney told the BBC that he expected a rate rise over the course of the next year if there are no shocks to the economy.
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as ITV plc (LSE:ITV), with a market cap of UK£6.01B, often get neglectedRead More...
Britain's biggest free-to-air commercial broadcaster said it expected net advertising to jump by around 15 percent in June as viewers tune in for the soccer World Cup, after it reported first-quarter trading in line with forecasts. Net advertising revenue was down 15 percent in April and is forecast to be flat in May before an expected jump of 15 percent in June as the month-long World Cup kicks off on ITV and the publicly-owned BBC on June 14. The company, which is in the middle of a strategic review under new CEO Carolyn McCall, said that while the economic environment remained uncertain, online advertising was growing strongly.
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Defence officials warned the government ...
A spate of dealmaking and strong financial stocks were outweighed by anxiety over the Syrian conflict and a rising pound on Thursday, keeping Britain's FTSE 100 flat. Britain's leading stock index (.FTSE) ended the day up 0.02 percent at 7,258.34 points, lagging European indices which gained in a recovery rally as some saw an easing of tensions over possible U.S. military action in Syria. "You've got the trade concerns on one side ... and you've got the threat of a military conflict in Syria, so while that's top of the agenda it's hard so see how the market can pave a road to recovery," Jasper Lawler, head of research at London Capital Group, said.
ITV plc (LSE:ITV) delivered an ROE of 56.58% over the past 12 months, which is an impressive feat relative to its industry average of 8.97% during the same period. OnRead More...
British shares fell on Wednesday, dragged down by mining companies after weak factory data from China, while comments from U.S. Federal Reserve Chairman Jerome Powell reignited expectations of more interest rate hikes in the United States. The FTSE 100 (.FTSE) was down 0.7 percent at 7,231.91 points at its close, tracking further weakness on Wall Street after Powell gave an upbeat view on the U.S. economy and said data had strengthened his confidence on inflation. A drop in the pound provided some shortlived relief for the FTSE after the European Union's chief negotiator Michel Barnier said a transition deal was not guaranteed and the prime minister said the EU's draft legal text would undermine Britain.
The new chief executive of ITV, Carolyn McCall, said she would sharpen how the broadcaster sells its shows to other platforms, improve it online presence and better target advertisers as it battles a tough economic backdrop in Britain. Shares in ITV fell more than 6 percent when the company released quarterly results on Wednesday, as analysts said the advertising outlook was disappointing and the programming budget in the next two years was higher than expected. McCall, formerly the boss of easyJet, said ITV created great shows in a market where broadcasters and online players, such as Netflix, battled for content but said it had to make sure it was paid the appropriate amount by platforms carrying its channels or buying content made by its studios.
European shares opened lower on Wednesday as a fresh batch of corporate results failed to change the negative trend set in Wall street overnight on fears that U.S. rates could rise faster than expected. ...
I am going to take a deep dive into ITV plc’s (LSE:ITV) most recent ownership structure, not a frequent subject of discussion among individual investors. Ownership structure of a companyRead More...
ITV plc (LSE:ITV) has pleased shareholders over the past 10 years, paying out an average dividend of 4.00% annually. The company currently pays out a dividend yield of 7.36% toRead More...
Rupert Murdoch's Fox is hoping the creation of an independent editorial board to protect the news channel at bid target Sky (SKYB.L) will satisfy regulators and allow it to finally take control of the European pay-TV group. Britain's competition regulator told Twenty-First Century Fox (FOXA.O) last month that Murdoch's near eight-year, $15.7 billion pursuit of Sky would be blocked unless a way is found to prevent the media mogul from influencing Sky News after a deal. Fox had earlier offered to create an editorial board with a majority of independent directors.
Assessing ITV plc’s (LSE:ITV) past track record of performance is a useful exercise for investors. It allows us to understand whether the company has met or exceed expectations, which isRead More...
The new chief executive of easyJet will take a pay cut to match the salary of his predecessor Carolyn McCall, the British airline said on Monday, in a bid to battle against the gender pay gap. British companies are under heightened scrutiny over their pay structures and national broadcaster the BBC has faced criticism over why it pays some women less than men in equivalent jobs. New easyJet CEO Johan Lundgren will reduce his salary from 740,000 pounds to 706,000 to match the pay of McCall, who became the chief executive of broadcaster ITV at the start of this year.