AUS
NZ
UK
CA
USA
IND
Communication
Vodafone Initiates Third €500 Million Share Buyback as Part of €2 Billion Capital Return Plan
November 14, 2024 04:28 PM GMT| By Team Kalkine MediaHighlights:,€500 Million Buyback Commences:,Vodafone has started its third €500 million share buyback, aiming to complete it by February 3, 2024.,Proceeds from Spanish Unit Sale:,The buyback forms part of a broader €2 billion capital return plan foll...
Disney Delivers Blockbuster Results as Marvel and Pixar Fuel Financial Comeback
November 14, 2024 03:35 PM GMT| By Team Kalkine MediaHighlights:,Strong Earnings Boost,: Disney's entertainment division more than doubled its operating income, driven by hit films like,Deadpool & Wolverine,and,Inside Out 2,.,Theme Parks Resilient,: The experiences segment, led by US theme parks, saw a...
Vodafone Group Reports 1.6% Revenue Growth and Strategic Advancements in H1 FY25
November 12, 2024 04:32 PM GMT| By Team Kalkine MediaHighlights,Revenue Growth Amid Challenges,: Total revenue increased by 1.6% to €18.3 billion, supported by service revenue despite currency headwinds.,Profit Boosted by Indus Towers Sale,: Operating profit rose 28.3% to €2.4 billion due to a stake sa...
Vodafone Halves Dividend Amid Regulatory Hurdles, Keeps Full-Year Outlook Unchanged
November 12, 2024 08:37 AM GMT| By Team Kalkine MediaHighlights:,Dividend Cut Despite Steady Performance:,Vodafone halved its interim dividend while maintaining its full-year outlook, citing regulatory delays in major transactions.,Revenue Growth with German Decline:,Group service revenue increased by...
Vodafone Struggles to Revive Share Price Despite Major Strategic Moves
November 08, 2024 09:37 AM GMT| By Team Kalkine MediaHighlights:,Strategic Asset Sales and Mergers: Vodafone has exited key European markets and merged its UK business with Three, yet share price remains stagnant.,Challenges in Core Markets: Germany continues to drag on overall performance, while fierc...
Rightmove PLC Sees Gradual Recovery in Property Market Despite Challenges in New Homes Segment
November 08, 2024 08:45 AM GMT| By Team Kalkine MediaHighlights:,Tighter Growth Forecast,:,Rightmove reduces full-year membership growth forecast due to slow recovery in new,homes,developments.,Revenue Growth on Track,:,Maintains,full-year revenue guidance with expected growth in the 7-9% range.,ARPA U...
Rightmove Increases Annual Ad Revenue Growth Forecast in the UK
November 08, 2024 08:32 AM GMT| By Team Kalkine MediaHighlights:,Rightmove raises its annual advertising revenue growth forecast due to improved economic conditions and lower mortgage costs.,The company projects a higher average revenue per advertiser (ARPA) growth, revising its forecast to a range of...
Digitalbox Expands Entertainment Portfolio with Acquisition of Three New Websites
November 07, 2024 09:55 AM GMT| By Team Kalkine MediaHighlights:,Strategic Acquisition,:,Digitalbox,acquires,CelebrityTidbit.com, RealityTidbit.com, and,TheFocus.news,to boost its entertainment media presence.,Enhancing Mobile-First Media Strategy,:,The new sites align with,Digitalbox's,focus on mobile...
BT Group Expands Full-Fibre Reach as Openreach Now Covers Half of UK Homes
November 07, 2024 09:30 AM GMT| By Team Kalkine MediaHighlights:,Rapid Full-,Fibre,Expansion,:,Openreach's full-,fibre,network now spans 16 million homes, covering half of the UK.,Customer Take-Up Grows,:,With record customer additions, Openreach’s uptake rate stands at 35%.,Revenue Dips, Dividend Rise...
BT Group Half-Year 2024 Results Show Significant FTTP Growth and Continued Cost Transformation
November 07, 2024 07:54 AM GMT| By Team Kalkine MediaHighlights,Record FTTP Expansion,: BT achieved a record FTTP (fiber-to-the-premises) build rate, with 2.1 million added in H1, passing 16 million premises as of October. FY25 build target increased to 4.2 million premises due to cost efficiencies, ke...
ITV Navigates Challenging Market with Strategic Cost Cuts and Focus on Digital Growth
November 07, 2024 12:00 AM GMT| By Team Kalkine MediaHighlights:,Ad Revenue Challenges,: ITV faces a flat ad revenue trend with a Q4 decline, linked to economic uncertainties and strong previous-year comparatives.,Studios Revenue Decline,: ITV Studios revenue dropped 20% due to the US writers' strike a...
Vodafone and Three Merger Could Be Cleared by UK Competition Watchdog
November 05, 2024 08:13 AM GMT| By Team Kalkine MediaHighlights:,The UK Competition and Markets Authority (CMA) signals potential approval for the £15bn Vodafone-Three merger, contingent on infrastructure commitments.,Both Vodafone and Three have outlined plans to protect consumer pricing and enhance n...
Liontrust has made changes to its stake in Future PLC
October 29, 2024 10:36 AM GMT| By Team Kalkine MediaHighlights,Liontrust Investment Partners LLP has adjusted its stake in Future PLC, increasing its voting rights to 5.0835%.,This change marks a slight rise from the previous stake of 5.081%, reflecting active management of their position.,The adjustm...
Key Highlights on HSBC, Pearson, and Vertu Motors
October 29, 2024 08:11 AM GMT| By Team Kalkine MediaHighlights,HSBC announces a new $3bn share repurchase program following strong Q3 earnings.,Pearson reports slight sales growth, maintaining guidance for adjusted profits near £600m.,Vertu Motors expands its presence through the acquisition of Burrow...
Bloomsbury's Impressive Results Push Deutsche Bank to Raise Price Target
October 28, 2024 10:21 AM GMT| By Team Kalkine MediaHighlights:,Deutsche Bank increased Bloomsbury's share target price to 852p following strong first-half results.,Consumer sales surged 47%, driven by Sarah J. Maas’s book success, boosting overall revenue by 32%.,Adjusted profit before tax rose by 50...
Investors in Gamma Communications (LON:GAMA) Benefit from 59% Return Over Last Year
October 28, 2024 08:29 AM GMT| By Team Kalkine MediaHighlights,Gamma Communications plc has seen its share price rise by 57% over the past year, significantly outperforming the market return of approximately 12%.,Despite recent strong performance, the stock has declined by 11% over the past three year...
BT Group Considers Radianz Sale in Ongoing Strategy to Streamline Operations
October 28, 2024 08:21 AM GMT| By Team Kalkine MediaHighlights:,BT Group is exploring the sale of its Radianz unit to simplify operations and cut costs under CEO Allison Kirkby’s strategy.,The potential sale aligns with BT's ongoing efforts to optimize its global business and streamline its structure....
Airtel Africa sees growth in customer base, mobile money subscribers in H1 2024
October 25, 2024 08:57 AM BST| By Team Kalkine MediaHighlights,Airtel Africa’s customer base grew by 6.1%, with data users increasing by 10.4% and mobile money subscribers up 13.4%.,Revenue in constant currency terms grew by 19.9%, but reported currency revenue declined by 9.7% due to currency devalua...
BT Group Highlighted for Potential Gains Amid Sector Rebound, Says JP Morgan
October 23, 2024 09:32 AM BST| By Team Kalkine MediaHighlights:,Telecom stocks have seen a 23% increase year-to-date, with BT among the top performers in Europe.,JP Morgan sees potential for further gains, driven by a return to revenue growth and reduced capital expenditures.,Regulatory approvals for...
JP Morgan’s Future Outlook Remains Strong Amid CEO Departure Concerns
October 21, 2024 10:06 AM BST| By Team Kalkine MediaHighlights,JP Morgan maintains a positive outlook on Future PLC, setting a price target of 1,296 pence per share despite the recent resignation of CEO Jon Steinberg.,The company's shares dropped by 19% following Steinberg's announcement, raising conc...
