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ETOFri, 11th Oct 2019 07:40
Oct 11 (Reuters) - Canada-based independent entertainment
company Entertainment One Ltd on Friday posted a near
seven-fold wider first-quarter loss, hit by lower sales in its
film, television & music segments.
The company, which has agreed to be bought by Hasbro Inc
in August, said the loss before tax widened to 43.9
million pounds ($54.65 million) from 6.8 million pounds, a year
earlier.
($1 = 0.8033 pounds)
(Reporting by Aakash Jagadeesh Babu in Bengaluru; Editing by
Bernard Orr)
(Adds Entertainment One declining comment, paragraph 5) April 13 (Reuters) - British commercial TV broadcaster ITV Plc is said to be pursuing a takeover of Canada's Entertainment One Ltd, Bloomberg reported on Wednesday, citing people familiar with the matter. ITV, Britain's biggest c
Read moreApril 13 (Reuters) - British commercial TV broadcaster ITV PLC is said to be pursuing a takeover of Canada's Entertainment One Ltd, Bloomberg reported on Wednesday, citing people familiar with the matter. ITV, Britain's biggest commercial free-to-air broadcaster, has been in talks with Ente
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(ShareCast News) - The FTSE 250 was comfortably in the black in afternoon trading on Friday, with oil prices heading upwards and investors seemingly nonchalant about a trade deficit that was wider than forecast. As oil prices rose, so did oilfield engineering services firm Weir Group. The stock also
Read more(ShareCast News) - Synthomer: Berenberg downgrades to hold with a target price of 345p. Next: Goldman Sachs downgrades to neutral, 6400p target, Canaccord downgrades to hold with a target price of 6025p, Deutsche Bank reiterates buy with a target of 6850p and Credit Suisse stays at underperform, 560
Read more(ShareCast News) - Entertainment One has spent $23m on acquiring a majority stake in Los Angeles reality television production company Renegade Entertainment, maker of such gems as 'Naked & Afraid' and 'Fit to Fat'. The FTSE 250 group said it expected the transaction will be earnings enhancing in it
Read more(ShareCast News) - Entertainment One said although group sales and earnings were dragged down by weakness from the film division, earnings expectations for the full year remained unchanged. In a trading update covering the nine months to 31 December, the film and TV distributor said group revenues s
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