28 Aug 2014 10:36
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Don't have an account? Click here to register.Paddy Power 'brought advertising into disrepute' with Pistorius ad
Wed, 19th Mar 2014 13:31
Bookmaker Paddy Power broke industry regulations with its Oscar Pistorius murder trial advert, the UK Advertising Standards Authority (ASA) has ruled. The company received a record 5,525 complaints for the ad, which was published in the Sun on Sunday newspaper, was accused of trivialising domestic violence against women by offering a refund on all losing bets if the Paralympian is found not guilty. He is currently on trial for the murder of his girlfriend, Reeva Steenkamp.The ASA said the advert could likely cause widespread offence, although Paddy Power said there was no reference to anyone who had died in the add. However, in ASA's view: "Given the content of the ad, and the prevailing circumstances at the time of its publication, we concluded that it brought advertising into disrepute."The group's shareprice dipped 1.06% to 59.58p. NR
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13 May 2014 09:00
Football Results Go Against Paddy Power; CEO Kennedy To Step Down
LONDON (Alliance News) - Betting and gaming company Paddy Power PLC Tuesday said it experienced its "worst two weekends ever for football profitability" in January and March, after football results went heavily against it. Paddy Power also announced that Chief Executive Patrick Kennedy will
Read more13 May 2014 07:29
UK MORNING BRIEFING: Taylor Wimpey Leads Strong FTSE 250
LONDON (Alliance News) - Mid-cap stocks are leading London equities higher at the open Tuesday, following a strong lead in from the US and Asia, particularly Tokyo.
Taylor Wimpey is leading the mid-cap FTSE 250, up 5.7%, after saying it expects to deliver a big incr
27 Apr 2014 10:08
Sunday newspaper round-up: Premier Oil, Bookmakers, Friends Life
Premier Oil has rejected two takeover approaches from Ophir Energy, the Sunday Times reported. The most recent proposal by Ophir was an all-share deal that was unanimously rejected by Premier's board two weeks ago. The companies are likely to inform the market about the talks on April 28th following
Read more27 Apr 2014 08:35
Sunday share tips: Severn Trent, Ladbrokes, Lloyds Banking
Severn Trent investors have reasons to be annoyed after the water company's performance since rejecting a takeover bid, Danny Fortson argued in the Sunday Times. In his Inside the City column, Fortson said Severn's shares are almost a fifth lower than the 22 pounds offered by overseas investors a ye
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