Marston's Shares News & Articles

Market report: Guidance cut by Aston Martin sees shares crash, ITV woos Love Island fans

Luxury sports cars maker Aston Martin Lagonda (AML) has issued a profit warning on Wednesday blaming pressure on its caused by ongoing economic uncertainty, much of which is being caused by Brexit unknowns. Shares in the company crashed 23% to 799.8p with full guidance for full year car volumes and earnings cut, and worryingly, hinting that things may yet get worse. ‘We anticipate that ...

EI Group shareholders cheer 38.5% premium offer from Slug & Lettuce owner Stonegate

Pub company EI Group (EIG) has agreed an all cash offer of 285p from Stonegate Pubs, a private operator of 772 pubs and bars. The shares are trading at the offer price, up 38.5% from last night’s close. The acquisition values the company at £1.27bn pounds, and including debts equates to an enterprise value of £2.97bn, implying a multiple of 11.4 times EI Group’s underlying earnings before ...

Market report: ITV's streaming strategy to take on Netflix/Amazon, Vodafone flags in Europe, Indivior collapses

Britain’s biggest free-to-air commercial broadcaster ITV (ITV) is hoping to launch a new TV streaming service as it battles with cord-cutting over-the-top services like Netflix and Amazon. The news comes alongside what the company hailed as ‘fantastic’ performance on air and online in its first half, with the World Cup and hit shows like ‘Love Island’ helping revenue to rise 8% to ...
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