Jon has been reporting on stock markets for over twenty-five years for audio text companies (remember them?!), newswires, and websites. He helped set up MarketEye News for ICV/Topic in the 1990’s before moving on to become a Markets reporter at AFX News. After over 10 years, which saw him rise to the dizzy heights of Markets Editor at AFX, the firm’s acquisition by Thomson Corp and subsequent takeover of Reuters, he moved on in 2012. Prior to Proactive Investors, he was News Editor for thisismoney.co.uk, the Mail Online’s financial website.
In a statement following media reports, Comcast said: "Any offer for Fox would be all-cash and at a premium to the value of the current all-share offer from Disney"
The FTSE 100-listed firm said that the earlier than expected signing of a new contract meant its first-half revenue would be better than the guidance it gave of minus 9% to minus 12% on a constant currency basis
The telecoms giant reported a 1% fall in full-year underlying revenue to £23.7bn, below City expectations, while underlying earnings (EBITDA) were at the bottom of the group’s guidance range at £7.5bn, down 2% on last year
BT also said it has agreed a new 13-year funding plan for its pension, which had a deficit of £11.3bn at the end of June, paying £2.1bn into the scheme by 2020 and a further £2bn will be funded by the issuance of bonds
Playtech announced the deal to acquire the majority stake in Snaitech on 12 April and will be required to make a mandatory offer for the remaining shares after completing the original acquisition
The FTSE 250-listed firm said Asian daily average revenues were down on last year due to strong comparatives and an "increasingly competitive backdrop"
Laurence Cook, Maistro’s CEO commented: "Since taking on the CEO role last August, I am extremely encouraged by the progress that has been made”
The FTSE 100-listed firm said the final between Liverpool FC and Spain’s Real Madrid, will also be made available online to millions of additional fans who do not yet subscribe to BT Sport