Browsing Tag
ITV plc
3 posts
ITV plc (LSE: ITV) slips as buyback starts and Q3 ad slowdown looms
ITV has begun its £100m buyback, but weaker Q3 ads and the Sky review keep its £950m shareholder return dependent on execution.
Fonix plc (AIM: FNX) gross profit rises 12.9% as mobile payments growth beats market expectations
Fonix plc exceeded full-year profit expectations as recurring mobile payments and messaging income supported operating leverage. Its next growth test is converting European expansion and new communications products into material revenue.
Sky’s £1.6bn ITV deal puts jobs at risk as £200m cost-cutting plan begins
Sky’s proposed acquisition of ITV’s broadcasting and streaming operations could eliminate overlapping roles as the companies pursue £200 million in annual savings.