FTSE 100 shares fall despite oil gains
FTSE 100 shares closed lower on Thursday, as oil sector gains failed to catch on
Company
LON:DMGT
Daily Mail and General Trust PLC is engaged in multiple media business. The Company operates in six operating divisions: national newspapers, local media, business information, Euromoney Institutional Investor (Euromoney), exhibitions and radio. The Company’s subsidiaries include Associated London Distribution Limited, Associated Northcliffe Digital Group Limited, Allegran Limited, DMG Ireland Holdings Limited, Find a Property Limited and Loot Limited. On October 6, 2006, the Company acquired Metal Bulletin plc. In August 2006, the Company acquired Simply Switch.
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FTSE 100 shares closed lower on Thursday, as oil sector gains failed to catch on
The group posted a pre-close update in September, which said its full-year outlook remained in line with market expectations
FTSE 100 shares managed to recover enough to close Friday firmer but volumes were held back by the half-day trading in New York following Thanksgiving holiday on Thursday
City keen to know if Trinity Mirror's prediction of a volatile second half has materialised
Daily Mail owner launches shake-up of businesses facing tough markets
Mail publisher boosted underlying revenue by 1% against the same period a year ago
Archive
A look at some broker upraded and downgraded on Friday
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Liberum offers its stock tips should the UK decide to leave the EU or should it decide to stay
Investments and investor services
Miners kept the FTSE 100 Index in positive territory on Thursday
Investments and investor services
Daily fail. The owner of the popular tabloid saw half-year profits slump 11% from a year earlier.
The media group saw its worst performance in more than a decade.
The Footsie advanced 12.23 points to 6275 in early London trading
Qinetiq Group, Tate & Lyle and Legal & General are set to be among the announcements on Thursday.
Premier Oil, Hunting, Antofagasta, Daily Mail & General Trust, and Drax are in the broker spotlight on Monday.
As UK shares were under pressure, it was a busy start to the week, with plenty of corporate offerings about, including that the Daily Mail General Trust was considering a bid for under the cosh US internet search giant Yahoo.
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Car insurer Admiral has plenty of 'vroom' left in the tank, reckons broker Numis
Newspaper circulation revenues fell 4% and print advertising revenue dropped 12%