Article Abstract:
British Sky Broadcasting (BSkyB) has seen a drop in its stock price since Jun 1997. Two brokers from a sample of six rate the company's stocks a sell, and four rate them a hold. The sellers are Credit Lyonnais Laing and Lehman Brothers. Paribas has changed from a sell to a hold rating. The other holders are UBS, SBC Warburg Dillon Read and Merrill Lynch, which forecasts a profit for BSkyB of 300 million pounds sterling to Jun 1998, a downward revision of 17 million pounds.
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Article Abstract:
Carlton Communications has attracted the interest of the shrewd investors behind Phoenix Asset Management. The Phoenix UK fund has amassed a secret stake in Carlton, thought to represent just under 1% of the media group.
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Article Abstract:
The likely impact of British regulations on TV company ownership on stock prices is examined in detail.
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