|Bid||15.555 x 500000|
|Ask||15.870 x 500000|
|Day's range||15.515 - 15.515|
|52-week range||9.943 - 15.700|
|PE ratio (TTM)||23.33|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Apr.25 -- Michael Nathanson, senior research analyst at MoffettNathanson, discusses Comcast Corp. formalizing a $30.7 billion offer for Sky Plc. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg Markets: The Open."
TSB boss Paul Pester has admitted the bank is on its knees as it struggles to recover from an online banking meltdown - and said it has taken a £10m hit to try to mitigate the impact on customers. The chief executive has been ridiculed on social media after he tweeted that services were back "up and running" at 4am on Wednesday - hours before having to admit that online banking was still only running at 50% capacity.
In the fiscal year ended June 30 of last year, Sky had revenue of £12.92 billion and a pretax profit of £803 million. Comcast is an American cable juggernaut that owns NBCUniversal as well as the Xfinity cable and telecommunications service. It was among the suitors that approached Fox with interest in buying part of its assets before Fox struck its deal with Disney.
The Football Association (FA) has confirmed receiving a bid for Wembley Stadium, in a deal Sky (Frankfurt: 893517 - news) sources understand to be worth at least £600m. English football officials were tight-lipped on details publicly, saying only that "the FA has received an offer to buy Wembley Stadium". Sky sources suggest that if talks are successful, a deal would signal the creation of the first NFL franchise outside the US.
Comcast Corp. lobbed the ball back to 21st Century Fox Inc. and Walt Disney Co. in the battle for Sky Plc this week, starting a bidding war for Britain’s biggest pay-TV company.
Comcast's formal offer to buy out Sky now put both Disney and Fox in a complicated situation, first and foremost because it automatically increases the stake for Disney's bid for Fox.
Insurer Allianz has extended to five years its title partnership of the New York-based Drone Racing League (DRL) world championship series, with a race in the French city of Nice (Other OTC: NCSYF - news) added to the schedule. DRL said in a statement on Thursday that Nice's Allianz Riviera soccer stadium would host the June 16 event. French DRL pilot Dunkan Bossion will be one of those flying the racing drones through three-dimensional course lines at the arena, competing for a place in the 2018 season finale in Saudi Arabia in September.
Some of the world's biggest and most popular brands of food, drink and cleaning products have signed up to an ambitious pact to reduce plastic pollution. Forty-two businesses including Coca Cola, Pepsi ...
Comcast has submitted a $31 billion bid to buy Sky, prompting the European pay-TV operator to drop its backing for a takeover by Fox and setting up a bidding war.
By Alasdair Reilly LONDON (LPC) - US cable operator Comcast Corp (CMSA.O) said on Wednesday that it is backing its offer for Sky Plc (SKYB.L) with £23bn of loans. The financing was arranged by Bank of ...
By Alasdair Reilly LONDON - US cable operator Comcast Corp said on Wednesday that it is backing its offer for Sky Plc with £23bn of loans. The financing was arranged by Bank of America Merrill Lynch as ...
21st Century Fox Inc. responded Wednesday to Comcast Corp.'s announcement of a buyout bid for U.K. broadcaster Sky PLC , by saying it "remains committed" to its cash offer for Sky announced in ...
U.S. President Donald Trump could possibly come to Britain for a working visit in July, Sky News reported on Wednesday, saying details of the trip were expected to be announced in the next few days. A ...
Comcast Corp topped Wall Street estimates for quarterly profit on Wednesday as the communications company cut expenses and added high-speed internet customers, offsetting a drop in cable TV subscriptions. ...
US cable operator Comcast (Swiss: CMCSA.SW - news) has made a formal £22bn bid for Sky (Frankfurt: 893517 - news) , the owner of Sky News, in a move likely to stoke a bidding war for the UK company. Comcast, whose interests include the NBC TV network and the Universal Pictures movie studio, followed through on interest it registered back in February with an offer of £12.50 per share on Wednesday morning. The value of its bid put it ahead of the proposed deal Sky had with 21st Century Fox, which wants to clinch the 61% of Sky that it does not already own but is being held up by regulatory clearances.
The independent directors of pay-TV group Sky (Frankfurt: 893517 - news) said they were withdrawing their recommendation of a takeover bid from Rupert Murdoch's Fox after U.S. cable company Comcast Corp trumped it with a 22 billion pound ($30.68 billion) offer. "As a result of the announcement of this higher cash offer, the independent committee is withdrawing its recommendation of the offer announced by Twenty-First Century Fox on 15 December 2016 and is now terminating the Co-operation Agreement entered into with Twenty-First Century Fox on the same date," Sky's independent directors said in a statement on Wednesday.
U.S. cable company Comcast Corp made a 22 billion pound offer for pay-TV group Sky on Wednesday, beating an already agreed takeover bid from Rupert Murdoch's Fox by 16 percent. Comcast, which first proposed ...
Comcast Corp. formalized its 22 billion pound ($30.7 billion) bid for Sky Plc, throwing down the gauntlet to Rupert Murdoch’s 21st Century Fox Inc. and Walt Disney Co. as they vie for Britain’s largest pay-TV broadcaster. Comcast is offering 12.50 pounds per Sky share in an all-cash deal, the Philadelphia-based company said in a statement Wednesday, confirming a proposed offer it made on Feb. 27. Media billionaire Murdoch must now decide whether to increase Fox’s bid to stave off Comcast’s challenge, raising the prospect of a bidding war.
Comcast Corp. kicked off a bidding war for Sky Plc by formalizing its 21.5 billion pound ($30 billion) offer for Britain’s largest pay-TV company, throwing down the gauntlet to Rupert Murdoch’s 21st Century ...
TSB customers are reporting access to their accounts after the lender took its digital banking platforms offline to fix a bungled system upgrade. While TSB mobile app and online customers said, via Twitter, they could access their accounts, many messaged Paul Pester directly to complain about continuing problems. Gripes among those able to log in included sub-accounts and premier features going missing.
TSB's mobile app and online banking have returned to service after being disabled thanks to a botched IT upgrade and apparent data breach. TSB's digital banking services were taken offline for more than a day from 10.30am on Tuesday - nearly five days after an initial planned shutdown - only being brought back online in the early hours of Wednesday morning. "Our mobile banking app and online banking are now up and running," Mr Pester tweeted at around 3.40am.
TSB has taken down its mobile app and online banking service after a botched IT upgrade and apparent data breach. The meltdown left the lender, which has five million customers, and its chief executive Paul Pester, under intense scrutiny after days of disruption which has left account holders in the dark over their finances. Appearing on Sky (Frankfurt: 893517 - news) 's Ian King Live, Mr Pester said he apologised "profusely" to those affected but declined the opportunity, when asked, to offer to give up his bonus, saying that was a matter for the bank's remuneration committee.
The private-equity firm bought a majority stake in SkyBet in a December 2014 deal that valued the company at around £800 million ($1.12 billion). Under the terms of that deal, Sky retained a 20% stake in the business. Sky will now sell its entire remaining stake for £425 million in cash and shares worth around £145 million.
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts on market ...