Hints and tips:
...Shares across the media sector were buoyed by news of the overhaul, with Nine Entertainment up 5.4 per cent, Southern Cross Media up 2.6 per cent and News Corp up 1.6 per cent....
...Taiwan last cut rates from 1.5 per cent in June amid heightened market volatility in the wake of the UK vote to leave the EU....
...The fund said it began buying Media General shares following the announcement earlier this month of the proposed Meredith acquisition and now holds a 4.5 per cent stake....
...In the UK it unsuccessfully bid for free-to-air broadcaster Channel 5 and then paid £275m for half of production group All3Media....
...Fox may reach an agreement to sell its wholly-owned Sky Italia unit and its 57 percent stake in Sky Deutschland to British Sky Broadcasting Group in the next two weeks, the people said, asking not to be...
...The HSBC survey fell to 50.5 in December, down from an eight-month high of 50.8 in November....
...Under that deal, Goldman’s clients, such as corporate pension plans, put roughly $3.5 billion with Mr. Lampert, and they have asked for it back.”...
...At present Paris and Berlin effectively control the company with a 22% stake each, including a 7.5% stake held by French company Lagardère. The new pact could involve Spain, which owns a 5.5% stake....
...) at 1,434 DJIA up +2.38 (+0.02%) at 13,346 Nasdaq up +11.34 (+0.38%) at 3,017 European markets Eurofirst 300 down -4.43 (-0.40%) at 1,107 FTSE100 down -13.24 (-0.22%) at 5,883 CAC 40 down -21.31 (-0.61%...
...per cent or 2 per cent, but even at 5 per cent this could be a massive business.”...
...Not only is the UK press weakened; so is News Corp, after the scandal foiled its bid to secure full control of British Sky Broadcasting....
...revelation that the News of the World accessed a murdered teenager’s voicemail messages, the scandal has cost Rupert Murdoch the British tabloid he bought in 1969 his bid for full control of British Sky Broadcasting...
...RTL television, G&J magazines, Random House books and Arvato media services all cut costs, and underperforming assets – such as the UK’s Channel 5 – were sold....
...Com Hem marked the first investment from BC Partners’ ninth fund, which had a second closing this week at €5.5bn....
...British Sky Broadcasting rose 1.4 per cent to 744p after Investec added the stock to its “buy” list with an 800p target price....
...October’s $1.2bn investment gave the Mexican group 5 per cent of Univision, with debentures convertible into another 30 per cent and the option to raise its total holding to 40 per cent should US foreign...
...Shares in Deere jumped 5 per cent to $56.48 after the maker of farm equipment reported first-quarter earnings that beat analyst expectations....
...The US financial channel, launched by News Corp in October 2007, on Thursday confirmed it would simulcast Don Imus’s syndicated radio show between 6am and 9am from October 5....
...British Sky Broadcasting, the UK satellite broadcaster, makes an average £38.67 ($64.09) a month from its customers....
...ProSiebenSat would have been worth zero if KPE had not invested more money in the German broadcasting group during the fourth quarter....
...Fifth Third gained 5.5 per cent to $2.48 after it generated $561m in cash by selling its payment processing division to Advent International, a private equity firm....
...The Nasdaq Composite index was up 2.5 per cent at 1,698.52....
...it was renegotiating the terms of a €2bn ($3.1bn) syndicated loan after it breached covenants limiting the ratio of net debt to earnings before interest, tax, depreciation and amortisation (ebitda) to 5.2...
...In deal news, MetroPCS Communications offered to acquire rival Leap Wireless International for about $5.12bn in stock. Leap Wireless soared 15 per cent to $83.47. MetroPCS rose 5 per cent to $28.60....
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