Investments and investor services
FTSE 100 closes in red amid trader tensions but Tesco soars
FTSE 100 closed in the red - down around nine points at 7,257
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 5 of 15
Sky News could be sold to Disney in bid to gain CMA approval for Fox-Sky takeover
Disney would buy Sky News regardless of whether its proposed acquisition of Fox’s assets proceeds
Investments and investor services
FTSE 100 closes higher ending an "ugly quarter"; GKN top riser after Melrose succeeds in bid
Turnaround group Melrose received valid acceptances for its offer for GKN representing around 52.43% of the voting rights
FTSE 100 consolidates gains to close higher but miners weigh
The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains
21st Century Fox brings in Citibank to help finance Sky takeover
Bank of America had been among the original group of banks lined up to finance the US$15.5bn takeover, but its Merrill Lynch division is acting an advisor to Comcast, which recently unveiled a rival bid for Sky
Investments and investor services
Genel Energy and Ted Baker in the spotlight ahead of Thursday’s results
The Kurdistan oil and gas business releases its results on Thursday, while investors will be hoping to see continued momentum for the fashion retailer.
Sky shares come down to earth a little as two brokers make diverse moves after Comcast bid
Liberum Capital upgraded its rating for the pay-TV group to ‘buy’ from ‘hold’ and increased its price target for the stock to 1,250p from 970p
Archive
Advertising key to ITV's latest results broadcast; Taylor Wimpey continues housebuilder updates
Day ahead includes full-year results from blue chips including broadcaster ITV PLC, housebuilder Taylor Wimpey PLC, motor insurer Admiral PLC, and mid cap estate agents Foxton's PLC
Macy's Inc, Sempra Energy, Comcast Corp, Walt Disney Co and more - PRE-MARKET
Macy's is expected to report quarterly earnings before the bell
Investments and investor services
Nakama says expected recovery in trading has not materialised
Andrea Williams, the new chief executive officer, is conducting a strategic review of the operating businesses and putting in place measures to stabilise the business, reduce operating costs and grow net fee income.
Here’s the news: Sky gets surprise £22.1bn cash bid from Comcast, trumping Rupert Murdoch's Fox offer
Comcast, which owns NBC and Universal Pictures, said in a statement that it is offering 1,250p per share to Sky investors, significantly higher than the 1,075p a share Fox bid
Investments and investor services
FTSE 100 closes in red as Powell's hawkish tone gives traders jitters
New Fed supremo Jerome Powell will likely stick to a gradual, three hikes scenario, but the case for a faster pace of tightening is growing stronger, according to Nordic investment bank, SEB
BT shares jump as Ofcom eases price controls on Openreach
BT is likely to face renewed pressure to expand its fibre broadband upgrade across Britain
Fox vows to keep Sky News running for 10 years under renewed takeover offer
Fox is now willing to keep running Sky News for at least 10 years under a sweetened offer to secure full control of Sky
RBC Capital Markets downgrades Sky rating but hikes price target on takeover expectations
The analysts believe Fox is likely to bump up its offer for Sky in order to get shareholder approval at the extraordinary general meeting, should regulatory clearance finally be given
Sky’s ‘bargain’ Premier League rights deal could leave investors wanting more money from Murdoch
Positive investor sentiment today helped Sky shares rise above the proposed Fox takeover price
Premier League auction sees rights fees cool, so is the rivalry now over for Sky and BT Sport?
Sky has retained its dominant position as the majority rights holder, while BT will have Saturday's 'early' kick-off fixtures
Investments and investor services
FTSE 100 ends in positive territory with precious metals miners leading the way
The blue-chip index closed at 7,214, up 46 points on the day
Sky and BT to pay £4.464bn for Premier League football broadcast rights
The price tag is less than what the two broadcasters had paid out in the last bid – when they paid a total of £5.136bn to screen 168 games
TalkTalk in price war with Vodafone and BT Group, analysts warn
Goldman Sachs and RBC Capital cut their target price on TalkTalk while Numis put the stock under review