Future Share News (FUTR)

Canaccord lifts target for Future, but uncertainties remain

(Sharecast News) - Canaccord Genuity has hiked its target price for Future but kept a 'hold' rating on the specialist media group, citing uncertainties around the strategy.

LONDON MARKET CLOSE: FTSE 100 clings onto gain despite late slip

(Alliance News) - Stock prices in Europe ended the third-quarter in the green on Friday, on largely favourable inflation data in the US and eurozone, as well as decent economic growth data from the UK.

London close: Stocks finish firmer after upward revision to UK GDP

(Sharecast News) - Stocks in London ended the week on an optimistic note as investors took time to assess many indicators, including encouraging news regarding the UK's economic growth.

LONDON MARKET MIDDAY: Stocks climb on favourable UK and eurozone data

(Alliance News) - Stocks in Europe were on the up on Friday, ending a difficult week with some confident gains, supported by better economic data in the UK, and a rosier inflation picture in the eurozone.

Future shares jump as profit expected in line with expectations

(Alliance News) - Future PLC on Friday predicted yearly profit in line with expectations, despite battling some tricky trading conditions.

LONDON MARKET OPEN: Stocks rise as UK recession looks "unlikely"

(Alliance News) - Stock prices in London opened higher on Friday as fresh data painted a slightly brighter picture for the UK economy.

Future holds annual guidance, but says current market 'mixed'

(Sharecast News) - Shares in specialist media firm Future surged by more than 20% on Friday as it held annual earnings guidance despite volatile markets, and a warning that trading conditions remain mixed.

IN BRIEF: M&C Saatchi swings to loss but new leadership drives change

M&C Saatchi PLC - London-based advertising agency - Net revenue in the six months that ended June 30 declines 7.0% to GBP120.4 million from GBP129.4 million a year before, but M&C Saatchi says within that double-digit-percentage growth in 'Issues' and 'Passions' specialisms show the benefit of its diversification away from traditional advertising. Swings to pretax loss of GBP5.1 million from GBP300,000 profit. On an adjusted basis, pretax profit nearly halves to GBP8.8 million from GBP16.0 million. Net cash falls to GBP15.4 million from GBP39.7 million. Declares no interim dividend, unchanged from a year before. Paid a final dividend for 2022 and intends to adopt a progressive dividend policy in the future.

Future CEO looking to sell B2B operations - report

(Sharecast News) - Future shares surged on Wednesday following a report the media group's new chief executive is looking to sever ties with its business-to-business operations.

UK shareholder meetings calendar - next 7 days

CEO of UK's M&C Saatchi to step down - Sky News

July 23 (Reuters) - The chief executive of British advertising group M&C Saatchi Plc, Moray MacLennan, will retire from the company in the coming months, Sky News reported on Sunday.

LONDON MARKET MIDDAY: Sterling climbs as UK wage growth speeds up

(Alliance News) - Stock prices in London were mixed at midday on Tuesday, while the pound was stronger, lifted by hotter-than-expected UK pay growth.

IN BRIEF: Future PLC shares rise following share buyback announcement

Future PLC - Bath, England-based magazine publisher - Stock price gains for second day in a row, after Future announces on Monday it plans to buy back up to 10% of its shares. The on-market share buyback programme will return up to GBP45 million to shareholders. Future has been a frequent acquirer of media and technology companies in recent years and "has historically prioritised organic and inorganic investment before debt repayment and returning excess cash to shareholders", it says. However, it explains the buyback "will provide greater flexibility to achieve an optimal use of cash to deliver value for shareholders, whilst still maintaining a strong balance sheet."

LONDON BROKER RATINGS: HSBC downgrades commercial property stocks

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Future proposes share buyback of up to £45m

(Sharecast News) - Media group Future rallied on Monday after it announced a proposed share buyback of up to £45m.