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Communication
Rightmove Rejects Takeover Offer from REA Group
September 11, 2024 06:52 PM AEST| By Team Kalkine MediaRightmove PLC,(LSE: RMV),has formally rejected a takeover offer from Australia's REA Group, led by Rupert Murdoch. REA’s proposal included 305p in cash and 0.0381 new shares for each Rightmove share, totaling 698p per share. If based on REA's closing...
Jefferies Upgrades Rightmove, Sees 'Probable' Offer from REA Group
September 09, 2024 10:50 PM AEST| By Team Kalkine MediaOn Monday, Jefferies upgraded Rightmove,(LSE:RMV),to ‘hold’ from ‘underperform’ and raised the price target to 720p from 450p, citing the potential for an offer following Australia’s REA Group's confirmation that it is evaluating a cash and share pro...
Next 15 Shares Halve as Major Client Departs
September 06, 2024 09:58 PM AEST| By Team Kalkine MediaShares in public relations firm Next 15,(LSE:NFG),experienced a sharp decline early on Friday following the announcement that one of its largest clients would not be renewing their contract. The client's decision to end their agreement after its init...
Next 15 Group Falls 50% as Customer Cancels £80 Million Contract
September 06, 2024 06:46 PM AEST| By Team Kalkine MediaNext 15 Group PLC (,LSE:NFG,) experienced a dramatic decline of nearly 50% in its share value following the announcement that its subsidiary, Mach49, has lost its contract with its largest client. The contract, which was due to end on December 31, 20...
Next 15 Faces Revenue Hit as Major Mach49 Contract Ends
September 06, 2024 05:02 PM AEST| By Team Kalkine MediaNext 15 Communications Group plc (LSE:NFG) has announced that a major contract with Mach49’s largest customer will not be renewed after its initial three-year term, set to expire on 31 December 2024. The contract had been expected to contribute over...
Verizon to Acquire Frontier Communications in $20B Cash Deal
September 05, 2024 09:54 PM AEST| By Team Kalkine MediaOn Thursday, Verizon Communications,(LSE:0Q1S),announced a major acquisition deal to acquire Frontier Communications, the leading pure-play fibre internet provider in the United States, for $20 billion in cash. Under the terms of the agreement, Veriz...
Ofcom Review May Scrap Saturday Second Class Letters
September 05, 2024 09:45 PM AEST| By Team Kalkine MediaOn Thursday, Ofcom, the communications regulator, announced plans to evaluate potential adjustments to Royal Mail's Second Class letter delivery service. This review will precede a formal consultation on proposed changes scheduled for early 2025.,The...
Currys Reports Positive Start to FY2024 with Strong UK & Ireland Sales Growth
September 05, 2024 04:49 PM AEST| By Team Kalkine MediaCurrys PLC (LSE:CURY) announced a strong start to the year, with like-for-like revenue growth of 5% in the UK & Ireland. This growth was driven by several key factors, including market share gains and an encouraging early adoption of AI computing pro...
This FTSE Stalwart Is One of the Top Growth Shares Around!
September 04, 2024 10:05 PM AEST| By Team Kalkine MediaOne potential growth option being explored is ITV,(LSE: ITV),, a company traditionally known for its broadcasting dominance in the UK. At first glance, it may not seem like a typical growth stock, but there are key factors that position it as a candi...
STV’s first-half growth driven by studios and ad market rebound
September 03, 2024 08:24 PM AEST| By Team Kalkine MediaOn Tuesday, STV Group,(LSE:STVG),reported strong first-half financial results, showcasing significant growth in both revenue and profit. The London-listed Scottish broadcaster experienced a 20% increase in total revenue, reaching £90.4 million, drive...
News Corp's REA Group Mulls Takeover of Rightmove
September 02, 2024 11:11 PM AEST| By Team Kalkine MediaAustralian real estate advertising firm REA Group has confirmed that it is exploring the possibility of a cash and share offer for UK property platform Rightmove. The company, which is largely owned by Rupert Murdoch’s News Corp, stated on Monday tha...
Rightmove Sees Surge as Australia's REA Group Considers Bid
September 02, 2024 09:57 PM AEST| By Team Kalkine MediaRightmove PLC, a key player in the UK's,Communication sector,, saw its shares surge by 20% following confirmation that Australia’s REA Group is contemplating a potential bid. Although REA Group has yet to formally approach Rightmove, the Australian...
MTI Wireless Edge Secures Major Order from Top Defense Client
September 02, 2024 09:23 PM AEST| By Team Kalkine MediaOn Monday, MTI Wireless Edge announced a significant development regarding its subsidiary, MTI Summit. The company reported that it has secured a substantial new order from its largest customer in the defense sector. This new contract is valued at ap...
Jaywing Shares Surge on Strong Operating Profit Growth
August 31, 2024 02:56 AM AEST| By Team Kalkine MediaJaywing PLC,(LSE:JWNG),saw its shares surge by 25% on Friday following the announcement of improved full-year operating profit, despite facing some challenges due to foreign exchange fluctuations. The data science and marketing firm, led by chief exe...
STV Appoints ITV's Rufus Radcliffe as New CEO
August 30, 2024 07:47 PM AEST| By Team Kalkine MediaSTV Group has announced the appointment of Rufus Radcliffe as its new chief executive officer, effective November 1. Radcliffe will join the board, succeeding Simon Pitts, who will step down on October 31.,Radcliffe comes to STV,(LSE:STVG),from ITV,...
Vodafone Group Plc Announces Final Results of Notes Purchase Offers
August 27, 2024 09:57 PM AEST| By Team Kalkine MediaVodafone Group Plc has announced the final results of its previously disclosed offers to purchase outstanding notes for cash, as outlined in the offer to purchase dated July 29, 2024 (the "Offer to Purchase"). These offers, collectively referred to a...
Bronfman Exits Paramount Bidding War, Clearing the Way for Skydance
August 27, 2024 09:00 AM AEST| By Team Kalkine MediaThe intense bidding war for Paramount Global,(NASDAQ:PARA),took a significant turn as media industry veteran Edgar Bronfman Jr. announced his withdrawal from the race to acquire the multinational entertainment giant.,Bronfman Jr., who served as chief...
Is Airtel Africa Plc (LON:AAF) Struggling Due to Its Mixed Fundamentals?
August 22, 2024 05:00 PM AEST| By Team Kalkine MediaAirtel Africa’s,(LON:AAF),recent performance may dampen enthusiasm, as the stock has declined by 4.8% over the past three months. This decline prompts a closer look at the company’s financials to determine the underlying factors contributing to the d...
Vodafone's Share Price and Market Valuation: A Closer Look
August 16, 2024 07:10 PM AEST| By Team Kalkine MediaThe Vodafone share price is currently around 74p as of 14 August 2024. It last crossed the 80p mark in September 2023 and has only increased by 2.5% since August 2023. Despite this modest growth, there are indications that the,Communication stock,may...
Corero Network Security Partners with stc Bahrain to Enhance DDoS Protection
August 13, 2024 10:10 PM AEST| By Team Kalkine MediaCorero Network Security,(LSE:CNS) (OTCQB:DDOSF), a leader in distributed denial of service (DDoS) protection, has announced a significant new partnership with,stc Bahrain,, a leading telecommunications provider in Bahrain. This collaboration is set t...
AI on the Rise: A Look at Top AI Companies and Their Stocks