Vivendi still pursuing Premiere stake: report
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French media conglomerate Vivendi   is still trying to carve out an entry into Germany's  largest pay-tv broadcaster Premiere , according to a  European television industry newsletter, New Media Markets.
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The company still brings in plenty of money, despite selling off assets.
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Still projects revenue growth of 13 to 15 percent and sees no reason not to continue aggressive stock buybacks.
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Vivendi's recovery is almost complete, the French media and telecommunications giant declared Tuesday, despite a massive second-quarter net loss bloated by the effects of the weaker U.S. dollar.
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PARIS : French media giant Vivendi Universal reported a surge in its net loss so far this year but forecast a sharp turnaround in its finances for all of 2004.
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French media and telecoms group Vivendi   on Wednesday posted an 18 percent rise in adjusted  full-year net profit, pulled mainly by Maroc Telecom   and its games, French mobile and pay-TV units.
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Finally, something to sing about at Vivendi Universal (nyse: V - news - people ). The French conglomerate raised its 2004 earnings forecast after reporting a fivefold increase in third-quarter profit, thanks to its music and telecommunications units.
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Can the luxury purse and accessory retailer keep up the momentum?
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Shares in the retailer (UK:HMV: news, chart, profile) were last up 3 percent to 253.5 pence in London trade. HMV said it will invest around 10 million pounds to launch and market the online digital music store
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The mood at Vivendi Universal&#39;s headquarters was distinctly upbeat during a Tuesday morning news conference here to announce the company&#39;s first-half results -- despite the fact that
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The company will likely come out on top regardless of the outcome of the latest controversies.
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The stakes are getting higher for one of the advertising industry&#39;s biggest holding companies. With talk of a sale or breakup of France&#39;s Havas, reports emerged yesterday
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PeopleSoft investors keep $9.2 billion bid in play, but the deal still faces hurdles.
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LONDON, November 25  - Dutch electronics and semiconductor giant, Philips (PHI1.ETR), has sold its entire stake in the French media company, Vivendi Universal.
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Nasdaq Stock Market  is willing to extend its initial Friday deadline for receiving expressions of interest in its 31 percent stake in the London Stock Exchange , a person familiar with the matter said on Tuesday.
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French media and telecoms group Vivendi  said it would not exercise its right to start disposing of a 20  percent holding in U.S. entertainment and news company NBC  Universal in January.
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Vivendi fourth-quarter sales rose 1.2 percent as buoyant trading at its Maroc Telecom and in video games helped compensate declines at its music and French mobile businesses.