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Bloomsbury Pub. Share News (BMY)
Share News for Bloomsbury Pub. (BMY)
| Share Price: 115.50 | Bid: 115.00 | Ask: 116.75 | Change: 0.00 (0.00%) |  | ||||||
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Glance-STOCKS NEWS EUROPE-Bloomsbury falls; cautious outlook weighs
Tue, 31st Mar 2009 10:24
STOCKS NEWS Reuters Results diary
Stocks on the mo
09:08GMT 31March2009-Bloomsbury falls; cautious outlook weighs
--------------------------------------------------------------
Shares in Bloomsbury Publishing, the publisher of JK Rowling's
Harry Potter series, fall 9.8 percent knocked by cautious outlook comments in
the company's full-year results statement.
While Numis Securities points out that the results were good -- with pretax
profit of 11.6 million pounds ahead of the broker's 10.5 million pound estimate
-- it highlights that visibility has decreased, with the company saying unit
sales 'might be lower in the later part of 2009 than in 2008'.
'We remain cautious on UK consumer-facing media and our 'hold'
recommendation balances this with the group's strong balance sheet,' says Numis
in a note.
Reuters Messaging rm://tricia.wright.reuters.com@reuters.net
Keywords: MARKETS EUROPE STOCKSNEWS
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
STOCKS NEWS Reuters Results diary
Stocks on the mo
ve Real-time Equity News
09:08GMT 31March2009-Bloomsbury falls; cautious outlook weighs
--------------------------------------------------------------
Shares in Bloomsbury Publishing, the publisher of JK Rowling's
Harry Potter series, fall 9.8 percent knocked by cautious outlook comments in
the company's full-year results statement.
While Numis Securities points out that the results were good -- with pretax
profit of 11.6 million pounds ahead of the broker's 10.5 million pound estimate
-- it highlights that visibility has decreased, with the company saying unit
sales 'might be lower in the later part of 2009 than in 2008'.
'We remain cautious on UK consumer-facing media and our 'hold'
recommendation balances this with the group's strong balance sheet,' says Numis
in a note.
Reuters Messaging rm://tricia.wright.reuters.com@reuters.net
Keywords: MARKETS EUROPE STOCKSNEWS
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
RPT-South Asia turns to home-grown writers to drive publishing growth
By Henry Foy JAIPUR, India, Jan 28 (Reuters) - A hunt for home-grown South Asian literary talent is drawing Western publishing houses to In[28 Jan '13]
South Asia turns to home-grown writers to drive publishing growth
By Henry Foy JAIPUR, India, Jan 28 (Reuters) - A hunt for home-grown South Asian literary talent is drawing Western publishing houses to In[28 Jan '13]
BRIEF-Bloomsbury buys Applied Visual Arts for 1.73 mln stg
LONDON, July 2 (Reuters) - Bloomsbury Publishing PLC: * Acquisition of Applied Visual Arts Publishing * For a total consideration of C[2 Jul '12]
BRIEF-RESEARCH ALERT-Numis raises Bloomsbury Publishing to add
May 23 (Reuters) - Bloomsbury Publishing PLC: * Numis raises Bloomsbury Publishing to add from hold For a summary of rating actio[23 May '12]
BRIEF-Bloomsbury profit up, says has strong titles lined up for 2012
LONDON, May 22 (Reuters) - Bloomsbury Publishing PLC: * Auto alert - Bloomsbury Publishing PLC total dividend up 10.2 percent to 5.2 pence[22 May '12]
BRIEF-BloomsburyPublishing buys Fairchild Books for $6.5 mln
LONDON, April 2 (Reuters) - Bloomsbury Publishing PLC: * Acquisition of fairchild books * Completed purchase of fairchild books from c[2 Apr '12]
Harry Potter novels available in ebook format
LONDON, March 27 (Reuters) - J.K. Rowling's best-selling 'Harry Potter' novels are available for the first time in ebook format on the new websi[27 Mar '12]
BRIEF-Bloomsbury sells German business
LONDON, Feb 29 (Reuters) - Bloomsbury Publishing PLC: * Proposed sale of Bloomsbury verlag to a subsidiary of Bonnier AB * strategic[29 Feb '12]
