Posts Tagged "City news"

Omnicom reported a 7.4% gain in revenue for the third quarter to more than $3.7 billion, with a 24.4% net income gain to $243.8 million

UBM performed well in the third quarter, in line with the Board’s expectations

UBM performed well in the third quarter, in line with the Board’s expectations

Informa delivers organic revenue growth of 1.8% in first three quarters of FYR 14

Marie Claire and NME publisher, formerly known as IPC Media, reports £21.5m profit as revenues fall 7% year on year

Streaming firm’s UK income up to £131m as it turns 2012’s £11m loss into a £2.6m profit in 2013

Streaming firm’s UK income up to £131m as it turns 2012’s £11m loss into a £2.6m profit in 2013

Vogue publisher Condé Nast’s UK operation reported a 15.5% drop in pre-tax profits last year to £8.8m. The high-end magazine publisher’s pre-tax profits fell for the second year in a row – profits have halved since 2011

Northern & Shell, the owner of Express Newspapers and OK magazine, reported a pre-tax profit of £43.9 million in 2013, up from £20.1 million pre-tax loss in 2012 after record figures at Channel 5

Northern & Shell, the owner of Express Newspapers and OK magazine, reported a pre-tax profit of £43.9 million in 2013, up from £20.1 million pre-tax loss in 2012 after record figures at Channel 5

Regional newspaper company’s adjusted profits last year fell to £67.3m, and parent company Gannett UK’s titles dropped 5.4%

In an Pre-Close Trading Update ITE reported this morning that following a better than expected trading performance in Q4 and good cost control, headline profits before tax for FY 2014 will be ahead of current consensus

Revenue was up 9.4% to £78.3m (2013: £71.5m) and headline profit befoore tax was up 26.4% to £4.4m (2013: £3.5m)

Group revenues for the period were up 6% at £90.0m (2013: £85.0m) and Adjusted EBITA¹ increased 11% to £18.7m (2013: £16.9m)

I’m glad it isn’t only me, but today I’ve seen just a glimpse of the reaction to yesterday’s news. Twitter, which raised $1.8bn in a float just under a year ago, announced yesterday that it’s looking to raise a further $1.5bn through two bonds — one for five years, the other for seven.

It looks like Twitter is preparing to do some early Christmas shopping. Marking its first debt offering, the microblogging giant is selling $1.3 billion in convertible bonds, which will likely go to future investments and acquisitions. For the full story read MediaPost

Facebook’s market capitalisation topped $200bn for the first time on Monday, beating rival Google in the time it took since going public to reach the symbolic figure

Consolidates North and South American events-led businesses

Revenues for the six months ended July 2014 were ahead by 4% over the corresponding prior year period

The world according to Yannick Bolloré consists of two types of people: those who, faced with change, hunker down and try to protect what they have; and those who welcome disruption and use it to spot new opportunities