Stvg Share News (STVG)

BROKER RATING CHANGES: BSkyB Price Target Raised By Five Houses

STV Group In Strategic Partnership With Red Arrow Entertainment

Wednesday broker round-up UPDATE

Amec: JP Morgan reduces target price from 1301p to 1243p and stays with its neutral rating. Amlin: UBS ups target price from 400p to 450p upgrading from neutral to buy. BAE Systems: UBS takes target price from 450p to 490p and maintains a buy recommendation. BHP Billiton: Alphavalue shifts target

Monday broker round-up UPDATE

Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. Aviva: Morgan Stanley increases target price from 403p to 445p and maintains an

Halifax chief Nicholson sells 350,000 Lloyds shares

The head of Lloyds Banking Group's Halifax arm has sold more than 2.5m pounds of Lloyds shares as the state-backed bank prepares for reprivatisation. David Nicholson disposed of 350,000 shares at 73.34p each on September 2nd for £2.57m. When Nicholson sold his shares, they had gained 120% in the

DIRECTOR DEALINGS - STV Group Chairman Acquires 11K Shares

Wednesday broker round-up UPDATE

Anglo American: JP Morgan cuts target price from 1675p to 1655p keeping a neutral rating. Aquarium Platinum: Investec shifts target price from 46p to 48p and stays with its hold recommendation. ASOS: Deutsche Bank increases target price from 3800p to 4450p, while leaving its hold recommendation un

STV Group to reinstate dividend, slashes debt

Media company STV Group posted improved half year earnings and said will reinstate dividend payments with a planned 1.5p per share for 2013, to be confirmed in early 2014. The Scottish digital media business, which produces well known British game show Catchphrase for ITV1, said pre-tax profit rose

New Thorntons Chairman buys a chunk of shares as profits climb

The new Chairman of Thorntons increased his stake in the High Street chocolatier by around a half on Monday, the same day that the company revealed a massive jump in profits in the first half. Paul Wilkinson purchased ome 310,000 shares in the company (equal to a 0.45% stake) at a price of 47p a sh

STV Group creates celebrity special for ITV's new Catchphrase

Media company STV Group has been commissioned by ITV to bring a one-hour celebrity special to the new version of British game show Catchphrase. The show, which ran from 1986 to 2002, is being brought back to screens early this year with new host Stephen Mulhern. STV Group will produce a one-off

Millennium and Copthorne Hotels non-exec makes sale

Richard Hartman, a Non-Executive Director of FTSE 250 firm Millennium and Copthorne Hotels, sold 132,694 shares in the company on April 3rd at a price of 478.00p each. The £634,277 transaction followed the vesting of around 479,000 shares under the firm's long term incentive plan on March 30th 200

Spectris director trims stake

Roger Stephens, Head of Commercial and Company Secretary of Spectris, the FTSE 250 high-flying instrumentation and controls group, has sold a stack of shares in the firm less than a month after the firm unveiled better-than-expected profits before tax and hike in the dividend. Stephens, who joined

STV tightens costs as ad markets continue to soften

Scottish digital media business STV said tight cost controls offset soft advertising markets as it reported full year results in line with expectations. The group, which holds the ITV licenses for central and northern Scotland, said pre-tax profit rose 12% to £14m for the year ended 31 December 201

ITV to expand regional presence with Channel Television acquistion

Television broadcaster ITV has revealed its intention to acquire Jersey-based Channel Television from its current owners Yattendon Group for an, as of yet, undisclosed sum. In a short statement released this morning, ITV said, "ITV plc announces that it has entered into an agreement with Yattendon

STV trading in line with expectations

Scottish digital media business, STV, plunged into the red in the first half of 2011 after settling a multi-million pound legal dispute with ITV. Pre-tax profit before exceptionals was up 8% at £6.5m, which translated into earnings per share rising 5% to 16.8p. Revenue was down 5% at £47.2m despit