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FTSE 100 closes higher but gives up gains; sterling hit on Brexit worries
Both the US and UK are heading towards a three-day weekend and, to be honest, it kind of feels like the break has already begun...
Company
Sky Plc
LON:SKY
Sky plays an important role in the British TV and radio landscape. It brings us entertainment, information and sport through mass programme distribution, and also provides telecoms and Internet services.
285 stories · page 4 of 15
BT rivals TalkTalk and Vodafone threaten Openreach broadband dominance
Openreach plans to replace the UK’s ageing copper lines with fibre optic cables to bring faster broadband to three million premises by 2020
Comcast preparing 21st Century Fox bid, to top Walt Disney's US$52.4bn offer
In a statement following media reports, Comcast said: "Any offer for Fox would be all-cash and at a premium to the value of the current all-share offer from Disney"
Comcast's takeover bid for Sky receives boost from Culture Secretary
Britain’s culture secretary Matt Hancock said the proposed merger between Sky and Comcast "does not raise concerns in relation to public interest considerations"
Sky deputy chairman to focus on broadcaster’s takeover as Glencore grants him leave of absence
Sky is in the middle of a complex takeover battle, with 21st Century Fox, Disney and Comcast all looking to acquire the broadcaster
BT Group is making some radical changes but the bottom line still looks wobbly
The telecoms giant reported a 1% fall in full-year underlying revenue to £23.7bn, below City expectations, while underlying earnings (EBITDA) were at the bottom of the group’s guidance range at £7.5bn, down 2% on last year
Comcast reportedly seeking support from banks to start a bidding war over 21st Century Fox assets
Rupert Murdoch may well like the idea of a bidding war for the assets he has agreed to sell to Walt Disney but as the Scots might say, Walt disnae ...
UK government to deliver its verdict on 21st Century Fox’s bid for Sky by June 13
The Competition and Markets Authority sent its assessment of the likely impact of the deal to UK media secretary Matt Hancock on Tuesday, giving him 30 working days to make a decision
Investments and investor services
The only way is down for equities as bond yields top 3%
The yield on US Treasury notes has risen above 3%, putting a bit of vim into the greenback. Equities, however, were set for another gloomy session with the Dow tipped to shed almost 100 points
Sky pulls recommendation for Fox takeover bid after higher offer from Comcast
Comcast said its offer of £12.50 per share for Sky represents a 16% premium to Fox’s £10.75 per share proposal
Stellar Diamonds shares leap as court approves its acquisition by NWF
A look at some of the biggest risers and fallers in London on Wednesday
UK gambling firm Sky Betting and Gaming to be sold to Canada's Stars Group-
Stars Group, the owner of PokerStars, said the deal to buy Sky Betting and Gaming will create the largest publicly listed online gaming company in the world
UBS cuts price target for Sky amid weaker performance in Germany
In a note to clients, analysts at UBS said third quarter results were solid with a good performance in UK and Italy but Germany was weak
Sky delivers strong quarter ahead of expected Fox-Comcast bidding war
Sky said it remains on track for the full year but expects the consumer environment to "remain challenging"
Bloomsbury Publishing appoints Conde Nast’s Penny Scott-Bayfield as finance director
The Harry Potter books publisher said Scott-Bayfield will succeed Wendy Pallot who will step down from the board following the company’s AGM on July 16
FTSE 100 closes in the black as Shire surges; tobacco stocks drift lower
Shire shares ended 5.89% up as the group received and rejected a takeover approach from Japan's Takeda Pharma
Investments and investor services
Unilever, Debenhams and Rentokil Initial in the spotlight as updates loom
Thursday looks a pretty busy day for investors with a number of important updates due.
BT receives most complaints for mobile and pay-TV services, Ofcom data reveals
Sky had the lowest proportion of complaints for its broadband, landline and pay-TV services
Takeover regulator rules Walt Disney must make offer for whole of Sky if it succeeds in buying 21st Century Fox assets
The Takeover Panel also said Disney must match Fox's 1,075p a share takeover offer for the shares in Sky it does not already own
21st Century Fox's London offices raided by the European Commission
Officials from the European Commission have raided a number of offices, including 21st Century Fox's west London premises, as part of an investigation relating to the potential abuse of the broadcaster's dominant position in the sports broa