Company
Reach PLC
LON:RCH
Reach, formerly known as Trinity Mirror, publishes many national and regional titles including the Daily Mirror, Sunday Mirror, Sunday Express, the Daily Star Sunday, as well as celebrity magazines New! and Star.
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Gatekeeping the gatekeepers: How Google is changing the news game
Search algorithms and AI make for fresh existential threats to legacy media
Guardian Media Group booms in a clickbait downcycle
With advertising againt the wall, subscription-based revenues are in vogue
Reach the latest takeover target for National World head David Montgomery
Daily Mirror publisher confirms that an offer has yet to come across its table
Reach reports fall in Q3 revenues as advertising sales drop
The company, which publishes The Mirror, The Daily Express and OK!, said the passing of the Queen had seen a sharp fall in advertising revenues, reflecting the period of national morning
Daily Mirror owner shares slump as record newsprint costs slash profits
The publisher of the Mirror, the Daily Express and the Daily Star said newsprint costs soared 65% on the back of energy price hikes
Reach says revenue ahead of full-year forecasts as digital grows strongly
The newspaper publisher said inflation is pushing up the cost of print production
Investing this Black Friday could be the smart choice- report
Investing instead of spending this Friday could leave you thousands of pounds better off
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Friday's US jobs report: the number is anyone's guess
"The truth is that the range of plausible outcomes on Friday is very wide," said Ian Shepherdson, the chief economist at Pantheon Macroeconomics.
Reach expects full-year operating profit to be slightly ahead of market expectations
"Although headline revenue growth is currently flattered by a soft prior year comparative, underlying momentum has been encouraging, particularly in digital," the company said
Reach soars as it beats 2020 forecasts with record digital performance in fourth quarter
The Daily Mirror and Daily Express owner said it now expects operating profit for the year to be between £130mln-£135mln after revenues from the digital division surged 24.9% in Q4
Reach revenues remain in reverse as print cancels out digital gains
Broker Peel Hunt raised its forecasts but downgraded to 'hold' from 'buy'
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FTSE 100 closes little changed amid quiet markets at Thanksgiving
The UK's top share index closed up over four points at 6,367
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Reach update in the corporate calendar as Black Friday bonanza kicks off
The final day of the week is looking a little thin in terms of company and macro news, with many investors likely looking for retail bargains instead
DX (Group) rises after non-executive director puts his hand in his pocket
A look at some of the major movers in London on Monday
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Boohoo to take spotlight in coming week alongside Greggs, Ferguson and Reach as macro focus turns to US payroll data
Also scheduled for updates and results in the days ahead are Hotel Chocolat, catering firm Compass and medical instrument maker Halma
Reach slumps as circulation and ad spending declines hit second quarter numbers
The Mirror and Express owner also unveiled plans to cut 12% of its workforce as part of a planned overhaul of the business
Reach sees April revenues plunge as lockdown batters advertising
The sharp decline came despite what the Daily Mirror owner said was an "unprecedented demand for news" over the month
Mirror owner Reach announces ambitious plans to widen its digital revenue earning capacity
The customer value strategy being unveiled is centred on building "an intelligent, relevant and trusted content business for the long term."
Reach slows print decline, but backs away from Johnston takeover
Print circulation continued to decline, but at a slower pace of 7.3% as advertisers prefer digital
Fox calls time at Reach as ex-Ladbroke CEO takes the reins
Now was an ideal time to hand over the reins, Fox said
Daily Mirror owner Reach mulls Johnston Press merger
Reach confirmed overnight reports that it is looking to buy some JPI Media’s assets, which include the i newspaper as well as hundreds of local titles
“Solid start” for newspaper giant Reach as Express and Star boost revenues
Trinity Mirror agreed to buy out Richard Desmond’s Northern & Shell group for £127mln last February, bringing the Daily Express, Daily Star and OK! magazine into the group
Bloody noses in store for Hammerson, Barclays and Reach from angry investors
Hammerson's annual shareholder meeting takes place on Tuesday while Barclays and Reach have theirs on Thursday
Daily Mirror owner Reach zips higher as it tops recently-upgraded forecasts
It was only in December that analysts lifted their forecasts for Reach, but a strong end to the year meant they hadn’t lifted them by enough
Connect Group’s Smiths News unit agrees new long-term contract with Daily Express and Daily Mirror newspapers owner
The group noted that the agreement secures annual revenues of circa £220mln at current market values and encompasses all Smiths News' distribution territories
Investments and investor services
Aminex bounces higher as shareholders approve farm-out
A look at the day's major movers, including ReNeuron, 7digital, Glenveagh, Gear4Music, Reach and McColl's
Investments and investor services
Science Group takes down the 'for sale' sign
A look at the day's major movers, including Photonstar, Capita, IHG, GVC, Reach and Balfour Beatty
Reach surges as it says 2018 results will be “marginally ahead” of expectations
In a trading update, the firm said revenues in the fourth quarter grew by 23% reflecting its acquisition, although on a like-for-like basis it was expected to decline 5%
Investments and investor services
FTSE 100 closes lower as China and Europe worries sends global equities down
Barratt Developments lost 2.69 points at 440.50p , while Persimmon also dropped 2.69% at 1,897p.
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Balfour Beatty investors looking for more reassurance in Friday’s update
The penultimate Friday looks unsurprisingly like being a quiet one, but Balfour Beatty is due to publish a trading update and investors will be looking for more reassurance from the contractor
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All eyes on UK parliament as Brexit deal circus reaches final act
Aside from the crucial Brexit vote, the Week Ahead will also bring UK labour market data, an ECB council meetings and updates from TUI, WPP, Dixons Carphone, Superdry, Ocado and BAT
Publishing giant Reach confident in hitting full-year targets with integration of Northern & Shell “on track”
The consensus among City analysts is that Reach will turn a pre-tax profit of between £132.1-133.9mln in 2018, and Reach told investors that it fully expects to meet that
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Reach slides as it swings to a loss on regional impairment charges
The firm, formerly known as Trinity Mirror, reported a pre-tax loss for the period of £113.5mln from a £38.2mln profit in the same period a year ago
FTSE 100 closes slightly in red as traders sit on hands ahead of central bank updates
FTSE 100 closed down 0.46 points, or 0.01% at 7,700 on Monday
Liberum Capital chops McColl’s to ‘hold’ from ‘buy’ following the convenience stores firm’s full-year profit warning
The City broker also chopped its target price for the FTSE SmallCap firm back to 200p from 300p, with the shares currently trading at 185p each, down nearly 12% on Friday’s close
McColl’s warns about full-year profits as P&H failure eats into margins
The convenience store chain was hit hard by the collapse of Palmer & Harvey, which supplied more than half of its stores with cigarettes, food and drink
Reach expects in line trading for the year but ups provision for phone hacking pay outs
The media group said it expected revenue for the 2018 financial year to grow by 11% year-on-year as a result of the acquisition of the Daily Express and Daily Star
FTSE 100 closes Friday in positive territory but loses ground on the week
FTSE 100 closed around 21 points higher on Friday at 7,636, the FTSE 250 added nearly 147 points at 20,830.
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Serco and Reach up to close out the week while UK April Index of Services takes data spotlight
As the week comes to an end, trading updates will be drawing eyes on the company news front while the UK's final Q1 GDP reading will play second fiddle to April's Index of Services
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Costa Coffee demerger move hangs over Whitbread trading update
Aside from Whitbread, updates are also due in the week ahead from cruises operator Carnival, packaging firm Bunzl, struggling floorings retailer Carpetright, and pubs operator Greene King
Government clears Trinity Mirror’s £127mln acquisition of Express and Star owner Northern & Shell
Ofcom had asked competition regulators to take a closer look at the £127mln merger, but the CMA told media and culture secretary Matt Hancock that it was happy with the deal