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FTSE 100 closes higher as US president talks up trade deal
The UK index of leading shares closed up around ten points at 7,271, while the FTSE 250 added 66 points at 19,531
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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 index of leading shares closed up around ten points at 7,271, while the FTSE 250 added 66 points at 19,531
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Tobacco firm Imperial Brands and insurer Direct Line are also scheduled to report at the mid-point of the week
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The week ahead includes updates from BT Group, Superdry, Morrisons, ITV, IAG, Barratt Developments, Direct Line, RSA Insurance and Imperial Brands
The broker said that as STV holds the licence for the ITV1 channel in most of Scotland, the company’s TV ad revenues corresponded “exactly” with the advertising performance of ITV1, which they estimated made up around 63% of ITV’s total adv
The Scottish broadcaster said it expected total advertising revenue growth of between 1-2% in its first quarter, helped by a boost in regional and digital ad income
Holiday cheer as airline stocks gain on hopes holidaymakers will put Brexit concerns aside for summer
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Less of a newsagent nowadays but could WH Smith be set to increase payouts to shareholders.
Liberum cut its rating on Daily Mail and General Trust to 'sell' from 'hold' and lowered its target price to 620p from 625p
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Also on the retail front, WH Smith and Dunelm will issue updates as well in the Week Ahead, while on the macro front an ECB rate decision and US FOMC meeting minutes are also due
The exclusive deal with ad technology firm Amobee will create a system that gives ITV's ad buyers complete control over where their commercials will appear on programmes viewed on ITV Hub, its video-on-demand platform
Liberum thinks advertisers are likely to hold back on spending until there is more certainty about the UK’s departure from the European Union
With M&S choosing to anchor itself to online grocer Ocado and ITV and the BBC pooling their efforts in online streaming, have tie-ins and consolidation become the best strategy to ward off the surge in digital competition?
Companies are reluctant to commit big money to fancy ad campaigns in the run-up to Brexit
The UK's blue chip index closed down nearly 44 points at 7,107. Meanwhile, mid-cap cousin FTSE 250 fell more than 116 at 19,513
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Shareholders in the blue-chip broadcaster may be approaching the results with some trepidation after it expected a softer fourth quarter in a November update
Last year’s results should beat expectations, current trading is likely to be better than feared, while bosses could launch a share buyback, too
Investments and investor services
The UK blue-chip index finished around five points ahead at 7,183
Societe Generale sees an opportunity for traditional broadcasters like ITV to participate in online streaming