Edition:
United States

Sky PLC (SKYB.L)

SKYB.L on London Stock Exchange

1,012.00GBp
13 Dec 2017
Change (% chg)

0.00 (+0.00%)
Prev Close
1,012.00
Open
1,015.00
Day's High
1,019.00
Day's Low
1,007.00
Volume
2,744,118
Avg. Vol
5,379,027
52-wk High
1,030.29
52-wk Low
822.50

Latest Key Developments (Source: Significant Developments)

UK's Ofcom says broadband and landline customers to get compensated without claiming
Friday, 10 Nov 2017 04:04am EST 

Nov 10 (Reuters) - Office of Communications:OFCOM- ‍BROADBAND AND LANDLINE CUSTOMERS WILL GET MONEY BACK FROM THEIR PROVIDERS WHEN THINGS GO WRONG, WITHOUT HAVING TO CLAIM IT.OFCOM- ‍CUSTOMERS SET FOR £142M IN PAYOUTS - AROUND NINE TIMES CURRENT LEVEL​.OFCOM-‍AS A RESULT OF OFCOM'S INTERVENTION, BT, SKY, TALKTALK, VIRGIN MEDIA AND ZEN INTERNET HAVE AGREED TO INTRODUCE AUTOMATIC COMPENSATION​.  Full Article

Twenty-First Century Fox Q1 adj shr from cont ops attributable to co's stockholders was $0.49
Wednesday, 8 Nov 2017 04:03pm EST 

Nov 8 (Reuters) - Twenty-First Century Fox Inc ::Twenty-First Century Fox Inc - ‍reported total quarterly revenues of $7.00 billion, a $496 million, or 8%, increase from last year​.Twenty-First Century Fox Inc - ‍reported quarterly income from continuing operations attributable to 21st Century Fox stockholders of $0.45 per share​.Twenty-First Century Fox Inc - ‍Cable Network Programming quarterly segment OIBDA increased 9% to $1.51 billion​.Twenty-First Century Fox Inc - ‍Television reported quarterly segment OIBDA of $122 million, a decrease of 36% compared to prior year quarter​.Twenty-First Century Fox - ‍adjusted quarterly earnings per share from continuing operations attributable to 21st Century Fox stockholders was $0.49​.Twenty-First Century Fox Inc - ‍Filmed Entertainment generated quarterly segment OIBDA of $256 million, a $55 million decrease from prior year quarter​.Twenty-First Century Fox Inc - ‍absent further delays, Sky plc deal is expected to close by June 30, 2018​.Twenty-First Century Fox - ‍Q1 performance "puts us on track to achieve our overall financial and operational objectives for this fiscal year​".Q1 earnings per share view $0.49, revenue view $6.81 billion -- Thomson Reuters I/B/E/S.  Full Article

Sky ind director Gilbert "pretty confident" events at Fox News won't affect CMA review
Thursday, 12 Oct 2017 06:48am EDT 

Oct 12 (Reuters) - Sky :Independent director Martin Gilbert "pretty confident" events at Fox News <<>> won't affect CMA review of Fox-Sky deal - AGM.  Full Article

Fox responds to CMA statement over Sky deal‍​
Tuesday, 10 Oct 2017 06:08am EDT 

Oct 10 (Reuters) - TWENTY-FIRST CENTURY FOX INC :‍​:21ST CENTURY FOX RESPONDS TO CMA ISSUES STATEMENT."LOOK FORWARD TO CMA PROCESS AND ENGAGING IN A THOROUGH AND CONSTRUCTIVE REVIEW"​.  Full Article

UK's CMA to examine how Fox/Sky deal would impact "media plurality and broadcasting standards in UK"
Tuesday, 10 Oct 2017 02:00am EDT 

Oct 10 (Reuters) - UK's CMA::Set out more detail about what it intends to examine in its investigation into proposed takeover of sky plc by 21 st century fox​.Will now examine how deal would impact "media plurality and broadcasting standards in uk​".Required to report to secretary of state with its recommendations within six months of opening investigation​.  Full Article

Regulatory process of 21st Century Fox-Sky Plc deal could slip into Q3 2018, CS says
Thursday, 21 Sep 2017 09:08am EDT 

Sept 21 (Reuters) - TWENTY-FIRST CENTURY FOX :CREDIT SUISSE SAYS PROBABILITY OF SKY DEAL BEING BLOCKED BY UK'S CMA HIGHER THAN MOST INVESTORS THINK, AT 30-40 PERCENT.CREDIT SUISSE SAYS REGULATORY PROCESS OF DEAL COULD SLIP INTO Q3 2018.CREDIT SUISSE SAYS IF DEAL GOES THROUGH, SHAREHOLDERS WILL BENEFIT FROM EARNINGS/FCF ACCRETION IN 2018 FROM CONSOLIDATING SKY.CREDIT SUISSE SAYS IF SKY DEAL DOES NOT GO THROUGH, SHAREHOLDERS SHOULD EXPECT TO SEE UP TO $5 BILLION SHARE BUYBACK.  Full Article

Twenty-First Century Fox says to engage with CMA on Sky deal
Thursday, 14 Sep 2017 05:40am EDT 

Sept 14 (Reuters) - Twenty-First Century Fox Inc :21CF RESPONSE TO UK SOS FINAL DECISION TO REFER.‍LOOK FORWARD TO ENGAGING "CONSTRUCTIVELY" WITH CMA AND "HOPE THAT FINDINGS OF THIS PROCESS WILL BE RESPECTED BY SECRETARY OF STATE"​.NOTES STATEMENT BY SECRETARY OF STATE FOR DIGITAL, CULTURE, MEDIA AND SPORT THAT SHE INTENDS TO REFER COMBINATION OF CO, SKY PLC TO CMA.ANTICIPATE THAT TRANSACTION WILL CLOSE BY JUNE 30, 2018.  Full Article

Sky says notes UK DCMS Secretary of State's announcement
Thursday, 14 Sep 2017 05:33am EDT 

Sept 14 (Reuters) - Sky Plc ::SKY PLC - RESPONSE TO SECRETARY OF STATE'S ANNOUNCEMENT.‍NOTES TODAY'S ANNOUNCEMENT BY SECRETARY OF STATE FOR DIGITAL, CULTURE, MEDIA AND ON PROPOSED ACQUISITION OF SKY BY 21ST CENTURY FOX, INC​.SKY PLC - NOTE SWIFT DECISION TO NOW REFER THIS TO CMA AND WILL CONTINUE TO ENGAGE CONSTRUCTIVELY IN THIS PROCESS.  Full Article

UK's DCMS confirms Sky,Fox merger to be referred to CMA
Thursday, 14 Sep 2017 05:16am EDT 

Sept 14 (Reuters) - UK's Department for Digital, Culture, Media & Sport (DCMS)::UK'S DCMS - CULTURE SECRETARY CONFIRMS MERGER TO BE REFERRED TO COMPETITION AND MARKETS AUTHORITY (CMA).UK'S DCMS - SECRETARY SAYS WILL ISSUE AND PUBLISH MY FORMAL REFERRAL DECISION ON THE SKY/FOX DEAL IN THE COMING DAYS.UK'S DCMS - RECEIVED LETTERS FROM PARTIES CONFIRMING THAT WHILE THEY DISAGREE WITH DECISION, THEY WOULD NOT BE MAKING SUBSTANTIVE REPRESENTATIONS IN RELATION TO IT.  Full Article

Fox response to statement by UK's Secretary Of State for DCMS
Tuesday, 12 Sep 2017 12:08pm EDT 

Sept 12 (Reuters) - Twenty-first Century Fox Inc ::TWENTY-FIRST CENTURY FOX - RESPONSE TO STATEMENT BY UK'S SECRETARY OF STATE FOR DIGITAL, CULTURE, MEDIA AND SPORT IN RESPECT OF 21ST CENTURY FOX'S CASH OFFER FOR SKY PLC.TWENTY-FIRST CENTURY FOX - NOTES TODAY'S STATEMENT BY SECRETARY OF STATE FOR DCMS THAT SHE STILL INTENDS TO REFER 21CF'S PROPOSED ACQUISITION OF SKY TO CMA FOR FURTHER REVIEW.DISAPPOINTED THAT SECRETARY OF STATE HAS CHOSEN NOT TO FOLLOW UNEQUIVOCAL ADVICE OF INDEPENDENT REGULATOR OFCOM.HAS ENGAGED WITH REGULATORY PROCESS RELATING TO THIS TRANSACTION SINCE OUTSET AND WILL CONTINUE TO DO SO."SURPRISED THAT AFTER INDEPENDENT REGULATORY SCRUTINY AND ADVICE, AND OVER FOUR MONTHS TO EXAMINE CASE, SECRETARY OF STATE IS STILL UNABLE TO FORM AN OPINION"."URGE SECRETARY OF STATE TO TAKE A FINAL DECISION QUICKLY"."LOOK FORWARD TO ENGAGING WITH CMA ON THEIR IN-DEPTH REVIEW AS SOON AS POSSIBLE".ANTICIPATE THAT TRANSACTION WILL CLOSE BY JUNE 30, 2018.  Full Article

UPDATE 1-UK Stocks-Factors to watch on Dec 12

Dec 12 Britain's FTSE 100 index is seen opening up 13 points on Tuesday, according to financial bookmakers, with futures up 0.22 percent ahead of the cash market open.