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Reuters - 2 settimane fa

UK wins fight against EU tax order, in setback for EU's Vestager

UPDATE 1-UK wins fight against EU tax order, in setback for EU's Vestager Adds background information throughout, court quote in paragraphs 5,6 By Foo Yun Chee BRUSSELS, Sept 19 (Reuters) - Britain won on Thursday its fight against an EU order to recover millions of euros from the London Stock Exchange LSEG.L , broadcaster ITV ITV.L and other multinationals, in a setback to EU regulators' crackdown on certain tax schemes.
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Reuters - 2 settimane fa

EU top court backs UK appeal against EU order to recover mlns in state aid

EU top court backs UK appeal against EU order to recover mlns in state aid BRUSSELS, Sept 19 (Reuters) - Europe's top court on Thursday sided with Britain in its fight against an EU order to recover millions of euros from the London Stock Exchange LSEG.L , ITV ITV.L , and other multinationals that EU regulators said benefited from an illegal exemption in a UK tax scheme.
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Reuters - 2 mesi fa

UK's ITV falls on lower HY revenue

BUZZ-UK's ITV falls on lower HY revenue ** Shares of British broadcaster ITV ITV.L down 5.7% at 79.55p ** Total rev fell 3% to 1.90 bln pounds in H1 with ITV studios total rev down 13% ** Growth in total ad rev of 10% offset by the expected decline in ITV studios rev ** Chief Carolyn McCall says growth in ad rev was driven by "a very successful Eur
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Reuters - 2 mesi fa

ITV CEO says the ad market is 'very firm'

BRIEF-ITV CEO says the ad market is 'very firm' July 25 (Reuters) - ITV PLC ITV.L : ITV CEO SAYS THE AD MARKET AT THE MOMENT IS VERY FIRM ITV CEO SAYS WE HAD A GOOD LIFT FROM THE EUROS IN JUNE, AND FROM THE FEW MATCHES IN JULY Further company coverage: ITV.L (Reporting By London Bureau)
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Reuters - 2 mesi fa

UK Stocks-Factors to watch on July 25

UPDATE 1-UK Stocks-Factors to watch on July 25 Adds new items, updates futures July 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.6%. * ASTRAZENECA: Anglo-Swedish drugmaker AstraZeneca AZN.L raised its sales and profit forecasts for 2024 and topped analyst expectations for second-quarter revenue, buoyed by demand for its therapies for cancer and rare diseases.
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Reuters - 2 mesi fa

ITV first-half ad revenue boosted by England's Euro 2024 journey

UPDATE 3-ITV first-half ad revenue boosted by England's Euro 2024 journey First half underlying earnings up 40% Confident of increase in underlying earnings in full year Forecasts flat advertising revenue in Q3 Adds new CEO quotes in paragraphs 7-8, updates shares in paragraph 6 By James Davey and Paul Sandle LONDON, July 25 (Reuters) - Britain's ITV ITV.L reported a better-than-expected 10% rise in total advertising revenue in its first half on Thursday after strong demand during the Euro 2024
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Reuters - 2 mesi fa

ITV Says FY Margin Will Be Lower Than H1

BRIEF-ITV Says FY Margin Will Be Lower Than H1 July 25 (Reuters) - ITV PLC ITV.L : ITV - ITV STUDIOS REMAINS ON TRACK TO DELIVER TOTAL ORGANIC REVENUE GROWTH OF 5% ON AVERAGE PER ANNUM FROM 2021 TO 2026 ITV - FULL YEAR MARGIN WILL BE LOWER THAN H1 REFLECTING RELATIVELY LOWER MIX OF CATALOGUE SALES IN H2, BUT WILL BE WITHIN OUR 13 TO 15% GUIDANCE RA
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Reuters - 2 mesi fa

ITV first half ad revenue up 10% on Euro 2024 demand

ITV first half ad revenue up 10% on Euro 2024 demand LONDON, July 25 (Reuters) - Britain's ITV ITV.L on Thursday reported a 10% rise in total advertising revenue in its first half, which it said was ahead of expectations, benefiting from the Euro 2024 soccer championship. The group said it was on track to deliver the 2026 key performance indicator (KPI) targets it previously set out.
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Reuters - 2 mesi fa

UK Stocks-Factors to watch on July 25

UK Stocks-Factors to watch on July 25 July 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.2%. * CAR OUTPUT: UK's car output fell for the fourth consecutive month in June, as more manufacturers wound down old models and transitioned towards electric vehicles, industry data showed. * MORTGAGE RATE: Rising mortgage rates in Britain likely pushed around 320,000 people into poverty, almost 100,000 more than suggested by official statistics,
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Reuters - 3 mesi fa

In economic recovery JPM prefers cheap and smaller European media stocks

BUZZ-In economic recovery JPM prefers cheap and smaller European media stocks ** In an economic recovery, J.P.Morgan prefers those European media stocks that are cheap with improving earnings, which could lead shares re-rating ** As we move from economic contraction, "investors should typically favor value, low quality, high risk, small caps and rising momentum to maximize returns," says JPM ** "Contraction winners, quality names that are easy to love, may struggle to outperform unless they have
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