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LON100:ITV, Nov 15, 03:36 UTC

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Social Chatter

ITV PLC (LON100:ITV) social chatter is higher than usual

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#UK: Live from Downing Street as Theresa May’s cabinet meets over Brexit deal | ITV News https://t.co/zGHZ90d1LD

Tuesday, November 13


Social Chatter

ITV PLC (LON100:ITV) social chatter is higher than usual

ITV
EXCLUSIVE X Factor will stay on the air until at least the end of 2022 after Simon Cowell reveals ITV have offered him major contract extension. Full story: https://t.co/MEsgFYve45 https://t.co/ibAkE6MiHa

Monday, November 12


News

ITV (ITV) Rating Reiterated by Barclays – XNewsPress

ITV

Morgan Stanley lowered shares of ITV to an equal weight rating and decreased their price target for the stock from GBX 230 ($3.01) to GBX 210 ($2.74) in a research note on Friday, August 31st. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. ITV has a 52 week low of GBX 142.80 ($1.87) and a 52 week high of GBX 221.76 ($2.90). The stock was bought at an average price of GBX 151 ($1.97) per share, for a total transaction of £12,019.60 ($15,705.74).

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Sunday, November 11


News

Shore Capital Reaffirms Buy Rating for ITV (ITV) – XNewsPress

ITV

Morgan Stanley downgraded ITV to an equal weight rating and cut their target price for the stock from GBX 230 ($3.01) to GBX 210 ($2.74) in a research note on Friday, August 31st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. ITV has a twelve month low of GBX 142.80 ($1.87) and a twelve month high of GBX 221.76 ($2.90). In other news, insider Mary Harris acquired 2,727 shares of the company’s stock in a transaction that occurred on Friday, September 28th.

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Thursday, November 08


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ITV warns advertisers are not spending money due to Brexit uncertainty

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ITV warns advertisers are not spending money due to Brexit uncertainty. Advertisers are cutting back on spending in the traditionally busy run-up to the holiday season because of ongoing uncertainty about the UK's future, ITV has said. The broadcaster warned that spending would fall by an estimated 8 per cent in December, as customers rein in their spending on Christmas adverts. Ms McCall said: "We have an exciting schedule for the remainder of the year and into next year with entertainment shows I'm A Celebrity and Dancing On Ice, and dramas including Cheat, Cleaning Up, Manhunt and The Widow as well as the Rugby World Cup exclusively on ITV."

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Wednesday, November 07


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FTSE joins U.S. midterm rally despite ITV, M&S misses

ITV

FTSE joins U.S. midterm rally despite ITV, M&S misses. LONDON (Reuters) - UK shares joined a post-U.S. midterms rally with strong gains across sectors despite disappointing trading updates from retailer Marks & Spencer and commercial broadcaster ITV. The FTSE 100 (.FTSE) top share index was up 1.2 percent at 1035 GMT, rising broadly at the same pace at other key benchmarks such as the pan-European STOXX 600 (.STOXX). Sales at Marks & Spencer (MKS.L) fell in the first half of its financial year, with demand for clothing and food hit by disruption from the latest attempt to reinvent Britain's most famous retailer. As a result, shares in the retailer lost 2.4 percent. Sophos Group (SOPH.L) fell as much as about 39 percent after the cyber security company cut its billings forecast and posted lower-than-expected billings numbers in the first half.

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ITV ad revenues under pressure amid economic uncertainty

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By Holly Williams, Press Association Deputy City EditorPA Money News7 November 2018, 09:05 GMT. Broadcaster ITV has said advertising revenues are coming under pressure amid economic uncertainty as Brexit worries take their toll. The group behind hit shows including Love Island and I’m A Celebrity said total advertising revenues rose 2% in the first nine months of the year. But it warned an “increasingly uncertain economic environment” is set to see total ad revenues fall around 3% in the fourth quarter and be broadly flat over the full year. Carolyn McCall, ITV chief executive, said: “Online advertising continues to deliver strong double-digit revenue growth.

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Economic uncertainty in Britain to weigh on broadcaster ITV

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LONDON (Reuters) - An increasingly uncertain economic outlook will take a toll on revenue at British commercial broadcaster ITV in the last three months of the year, blunting the impact of a slightly better than expected performance over the year so far. Analysts had cautioned before the trading update that the lack of a political agreement on Britain's departure from the European Union in less than five months' time could deter major brands from spending on big advertising campaigns. Home to Coronation Street and the X-Factor, ITV has been rebuilding itself in recent years to reduce its reliance on volatile advertising by building up its studio production arm. ITV had reported a strong set of first-half results in July, with the soccer World Cup and reality show Love Island lifting its share of overall viewing to a 10-year high, and pushing its total advertising revenue up by 2 percent at the time.

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Monday, November 05


News

ITV appoints ex-easyJet executive Chris Kennedy as new CFO

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The British media company’s CEO Carolyn McCall has hired her old colleague at the airline to become her new co-pilot at ITV. ITV (LON:ITV) announced its appointment of Chris Kennedy as its new CFO, who will step down from his current post as finance chief of FTSE 100 company Micro Focus. ‘I am really pleased to be working with Chris again as CFO,’ CEO of ITV Carolyn McCall said. Kennedy will take over as finance chief at a particularly challenging time for the British media company, which is facing stiff competition from streaming services like Amazon and Netflix.

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Micro Focus nudges weak outlook higher, CFO quits for ITV

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Micro Focus nudges weak outlook higher, CFO quits for ITV. LONDON, Nov 5 (Reuters) - Britain's Micro Focus International said it expected full-year revenue to come in towards the higher end of a weak outlook, as it announced the departure of its finance director after less than 12 months in the role. Britain's leading software group, still battling to integrate the $8.8 billion acquisition of Hewlett-Packard assets from last year, has lost more than half of its stock market value this year following a number of weak trading updates. Margin guidance for adjusted core earnings is still seen at around 37 percent, and the group said it would launch a new 400 million pound ($521 million) buy-back programme. But in the latest upheaval the group said finance director Chris Kennedy would leave to join ITV (Frankfurt: A0BLQP - news) and reunite with his former boss Carolyn McCall, less than a year after he took the role.

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