Communication

Liontrust has made changes to its stake in Future PLC
October 29, 2024 09:36 PM AEDT| 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 07:11 PM AEDT| 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 09:21 PM AEDT| 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 07:29 PM AEDT| 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 07:21 PM AEDT| 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 06:57 PM AEDT| 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 07:32 PM AEDT| 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 08:06 PM AEDT| 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...

XLMedia’s Strategy to Divest North America Operations Drives Stock Upward
October 21, 2024 06:58 PM AEDT| By Team Kalkine MediaHighlights:,XLMedia PLC shares surged 39% following the announcement of a proposed divestment of its North American business.,The deal, valued at $30 million, involves selling to Switzerland-based Sportradar and is subject to approval at an upcoming...

Keywords Studios Welcomes Certain Affinity Following Acquisition of the AAA Studio
October 18, 2024 07:33 PM AEDT| By Team Kalkine MediaHighlights:,Keywords Studios PLC has announced its acquisition of Certain Affinity, a US-based game-development studio known for its work on major AAA multiplayer titles.,The acquisition is aimed at enhancing Keywords' Create division, particularly i...

Insurance Strategies Employed by MoneySuperMarket to Lessen Quarterly Losses
October 16, 2024 05:56 PM AEDT| By Team Kalkine MediaHighlights:,Revenue Decline:,MONY Group reported a 2% decrease in revenue for the third quarter of 2024, totaling £112.9 million.,Insurance Division Growth:,The insurance segment achieved modest growth of 1%, contributing £62.7 million and mitigating...

Audioboom Shares Increase by 17% After Positive Revision of Projections
October 15, 2024 07:37 PM AEDT| By Team Kalkine MediaHighlights:,Audioboom Group PLC reported record revenue of $18.8 million for Q3, reflecting a 34% increase year-over-year and achieving its fourth consecutive profitable quarter with adjusted EBITDA of $1 million.,The growth has been driven by the su...

Reach Confident of Full-Year Performance Amid Digital and Print Stability
October 15, 2024 06:15 PM AEDT| By Team Kalkine MediaKey Points,:,Digital revenue increased by 2.5% in Q3 2024, despite a 5% decline in page views.,Data-driven revenues grew by 10% and now represent 46% of digital income.,Reach plc remains confident in delivering its full-year financial expectations, b...

Centaur Media Faces 21% Share Price Decline After Earnings Alert
October 10, 2024 07:31 PM AEDT| By Team Kalkine MediaHighlights:,Centaur Media Plc shares fell 21% following a warning regarding earnings amid ongoing challenges in the marketing sector.,The company's Xeim division, particularly its Econsultancy and Oystercatchers brands, experienced significant revenu...

Ethernity Networks has stated that changes will be made to its management team
October 09, 2024 10:17 PM AEDT| By Team Kalkine MediaHighlights:,Ayala Deutsch has stepped down as Chief Financial Officer (CFO) of Ethernity Networks Ltd, effective immediately.,Tomer Assis has been appointed as interim CFO while the search for a permanent executive is underway.,CEO David Levi express...

Vodafone and Google are collaborating on AI through a partnership valued at one billion dollars
October 08, 2024 10:38 PM AEDT| By Team Kalkine MediaHighlights:,Vodafone Group PLC and Google announce a strategic partnership valued at over a billion dollars, aimed at delivering AI products and services across Europe and Africa.,The collaboration will feature Google’s AI-powered Pixel devices on Vo...

Digitalbox Under Strategic Review, Exploring Potential Sale Amid Financial Growth
October 07, 2024 09:05 PM AEDT| By Team Kalkine MediaHighlights:,Strategic Review,: Digitalbox is conducting a strategic review, which could lead to the sale of the company.,Financial Growth,: The company reported a 32% increase in revenue in the first half of 2024, alongside strong cash reserves.,CFO...

Telecom Plus flags continued robust growth in first half
October 03, 2024 07:37 PM AEST| By Team Kalkine MediaHighlights:,Telecom Plus added 67,000 customers in the first half of 2024, representing over 13% annualized growth.,The company credits its multi-service proposition for sustained growth, even amid energy price fluctuations.,Full-year guidance remain...

Hyperoptic Reports Growth Amidst Financial Challenges in 2023
October 01, 2024 09:20 PM AEST| By Team Kalkine MediaHighlights:,Hyperoptic expanded its network to 1.73 million homes in 2023 but remains below its initial target of five million.,Revenue grew by 19%, but rising costs and interest payments pushed total losses to £142 million for the year.,The company’...

WPP Shares Rise After Securing Key Markets in Unilever's Global Media Review
October 01, 2024 08:57 PM AEST| By Team Kalkine MediaHighlights:,WPP’s Mindshare retained key Unilever media accounts in the UK, US, China, and secured Sub-Saharan Africa from Omnicom.,WPP shares rose 2.4% following the announcement, reflecting investor relief at the outcome.,Despite losing some Southe...
AI on the Rise: A Look at Top AI Companies and Their Stocks