FTSE 100 firm but off highs despite new intra-day records for US indices
The UK blue chip index finished 41 points higher at 7,342, retreating from the session peak of 7,359 but still well above the day’s low of 7,300
Company
LON:ITV
ITV PLC is a United Kingdom-based advertising funded broadcaster. The Company also operates as an advertising funded media owner in the United Kingdom across all media, including television, radio, press, cinema, outdoor and the Internet. As a producer, ITV makes hours of network television. Its digital channels include ITV2, ITV3, ITV4 and Citv. ITV also makes programmes for the BBC, Channel 4, five, Sky and other broadcasters. ITV produces programmes watched on screens from San Francisco to Sydney. In addition, it produces a range of products related to ITV programmes, such as digital video disks (DVDs) and computer games. Its online properties include itv.com and itvlocal.com.
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The UK blue chip index finished 41 points higher at 7,342, retreating from the session peak of 7,359 but still well above the day’s low of 7,300
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Norman, who stepped down as chairman of broadcaster ITV in January 2016 will succeed Robert Swannell, whose retirement was announced in December
Adam Crozier is quitting while he is ahead, leaving ITV without a chief executive and possibly vulnerable to a bid
Under Crozier, external revenues have grown by over a billion pounds
The FTSE 100 closed 15.52 down at 7,234 with Sainsbury's and mining shares under pressure
The American bank also tweaked its advertising revenue estimates
The City heavyweight downgraded its rating for the FTSE 100-listed firm to ‘neutral’ from ‘overweight’ following discussions with media buyers
Investments and investor services
Neither the US air strikes or the underwhelming US jobs data could prevent the Footsie from finishing the day in the blue
ITV shares shot higher on Friday as Goldman acts on behalf of US cable giant Liberty Global, which itself owns a 9.9% stake in the FTSE 100-listed firm
Investments and investor services
Since the manufacturing index reached a two-and-a-half-year high last December, the story has been one of a gentle decline - Martin Beck, senior economic advisor to the EY ITEM Club
The FTSE 100 was down 32 points to 7,342 shortly after 3.15pm on Monday
The group highlighted continued profitable digital growth, with digital revenues up 20% at £7.9mln and digital margins continuing to grow above target level at 52%
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
Five reasons why ITV is surviving and thriving in the digital age. This item will be repeated again at 5.00am on Saturday ...
ITV has raised its full year dividend 20% as growth in non advertising revenue boosted its 2016 results
FTSE 100 stocks, just like Wall Street, defied soothsayers’ prognoses that investors didn’t much like a threadbare speech to Congress from US President Donald Trump overnight, and pledged their vote to his spending ambitions as record heigh
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Blue-chips ITV Plc (LON:ITV), Admiral Group Plc (LON:ADM), and Man Group Plc (LON:EMG) are all in the diary with final results on Wednesday.
Investments and investor services
At 3.33pm, the index of blue-chip shares was up just over 14 points at 7,257
The broker has cut its rating on ITV to 'hold' from 'buy' ahead of the company's full year results.