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Thursday newspaper round-up: Facebook, Johnston Press, steel industry

Thu, 11th Feb 2016 07:14

(ShareCast News) - Other EU leaders are ready to copy David Cameron's referendum tactics for their own "egotistic goals", the European Council president has said, as he sounded the alarm over populist politics bringing the bloc to the brink of "suicide". Donald Tusk's forthright warning on Wednesday came as he announced he was clearing his diary next week to concentrate on the "very fragile" talks on a "new settlement" for Britain, which will be discussed at an EU summit next week. - Financial TimesMark Zuckerberg has clashed with Marc Andreessen, a longstanding Facebook investor and board member, over what the social network's founder called "deeply upsetting" remarks about India's colonial history by the venture capitalist. The unusually public spat between the Facebook chief executive and one of his most prominent backers follows a significant setback earlier this week for the social network's plan to bring free mobile internet access to India. - Financial TimesJohnston Press is in advanced talks with the Lebedev family to buy the i newspaper in a deal that will raise questions over the future of its stable mate, The Independent. It is understood both sides are brokering the sale of the tabloid, with talks expected to run into the night. Sources confirmed the i, which was launched in October 2010 at a cover price of 20p, is the only subject under discussion between the two parties. - TelegraphDavid Cameron has hailed Britain's technology sector as "extraordinary", after a report revealed companies are generating £161bn for the economy. According to the Tech Nation report, now in its second year, the digital economy grew 32pc faster than the rest of the economy between 2011 and 2014, and is creating new jobs at an unprecedented rate. - TelegraphDavid Cameron has been accused of failing the British steel industry after the government confirmed it was blocking proposals from other EU members to tackle dumping of cheap product by China. Sajid Javid, the business secretary, said it would not be right for the EU to scrap regulations known as the "lesser duty rule", which some countries want to end in order to allow higher tariffs on Chinese steel. - GuardianThe Bank of England and Paul Tucker have been drawn back into the Libor scandal amid claims that Barclays used what it believed was a confidential instruction from a former deputy governor to lower rates to buy billions of pounds of debt in rival British lenders at the height of the financial crisis. - The TimesThe outgoing boss of Waitrose who didn't get the job he originally wanted - the chairmanship of Channel 4 - is to be elevated to the peerage and become Her Majesty's minister for trade and investment. Mark Price, the self-proclaimed "chubby grocer", was scheduled to retire from Waitrose in April and it had become common knowledge that he coveted the job at Channel 4. - The Times
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8 Jul 2016 09:12

EXTRA: Johnston Press Reports Boost To 'i' Readership Following Brexit

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8 Jul 2016 06:48

Johnston Press Reports Material Lift In Readership Of 'i' Newspaper

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4 Jul 2016 12:25

Johnston Press to sell Isle of Man titles for £4.25m

(ShareCast News) - Newspaper publisher Johnston Press has agreed to sell its titles on the Isle of Man to UK-based publisher Tindle Newspapers for £4.25m in cash. The disposal includes the Isle of Man Examiner, Isle of Man Courier, Manx Independent and www.iomtoday.co.im, and will be effected by the

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4 Jul 2016 10:53

Johnston Press Sells Isle Of Man Titles For GBP4.3 Million

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18 May 2016 08:31

BROKER RATINGS SUMMARY: Goldman Upgrades Booker, Panmure Cuts Meggitt

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18 May 2016 07:27

Johnston Press Anticipates Meeting Expectations As Revenue Declines

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11 May 2016 15:05

AGM, EGM Calendar - Week Ahead

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11 Apr 2016 08:02

Johnston Press completes purchase of i newspaper

(ShareCast News) - Regional newspaper publisher Johnston Press said it had completed its takeover of the i newspaper from Independent Print Ltd. The newspaper, launched as a digest of material from the Independent five years ago, was purchased for £24m. The Independent was shut down in March by own

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6 Apr 2016 08:38

BROKER RATINGS SUMMARY: Berenberg Cuts Telecom Plus To Hold From Buy

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22 Mar 2016 10:39

Johnston Press signals further job cuts as profits rise

(ShareCast News) - Widespread cost cutting led to a 23% leap in pre-tax profit at Johnston Press, though the newspaper publisher warned more cutbacks could be on the way. The London-listed owner of a number of regional papers concentrated in Scotland and the North of England saw total revenue declin

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22 Mar 2016 10:39

WINNERS & LOSERS SUMMARY: Brussels Explosions Send Travel Stocks Lower

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22 Mar 2016 09:36

BROKER RATINGS SUMMARY: HSBC Downgrades Barclays To Hold From Buy

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22 Mar 2016 08:36

Johnston Press Swings To Profit On Lower Costs, Optimistic On i Paper

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15 Mar 2016 16:15

Earnings, Trading Statements Calendar - Week Ahead

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15 Mar 2016 11:37

BUZZ-UK Budget: Liberum latest to warn of interest tax change

** Liberum latest broker to warn a possible change in the way UK allows cos to claim tax breaks could hit highly-levered stocks ** Government looking to cap tax breaks from interest payments on debt at 10-30 pct of EBITDA. Link: http://bit.ly/1MgJSoO ** Liberum screens for stocks with

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