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15 May 2014 11:43

London midday: Markets post small gains amid earnings, ECB speculation

- ECB speculation picks up after weak GDP - LSE jumps after strong annual results - Aviva, Old Mutual disappoint with earnings - Thomas Cook leads travel sector lower techMARK 2,781.23 -0.42% FTSE 100 6,889.08 +0.15% FTSE 250 15,857.35 -0.73% UK stocks were fluctuating at 14-year highs on Thursday

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15 May 2014 11:43

Further shareholder returns possible at Dixons Carphone, says Oriel Securities

Oriel Securities has reiterated a 'buy' rating for Dixons Retail, saying that the announced all-share merger with Carphone Warehouse should be seen as a positive for shareholders. After months of talks the companies announced on Thursday a 'merger of equals' that would create a entity worth around

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15 May 2014 11:35

UK WINNERS & LOSERS: LSE And Aviva Top And Tail FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
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London Stock Exchange Group, up 2.4%. The group said its full-year revenue r

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15 May 2014 10:24

TOP NEWS: Dixons And Carphone Warehouse In GBP3.6 Billion Merger

LONDON (Alliance News) - The following is a summary of top news stories Thursday.
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COMPANIES
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Electronics retailer Dixons Retail PLC and mobile phone retailer Carphone Warehouse Group PLC said they have

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15 May 2014 08:40

London open: LSE leads stocks higher as FTSE 100 extends gains

- LSE leads financial stocks higher - Dixons and Carphone announce 3.8bn-pound merger - Data-heavy session ahead - Japanese GDP surges in first quarter techMARK 2,794.14 +0.04% FTSE 100 6,886.04 +0.11% FTSE 250 15,984.75 +0.06% Strong gains from London Stock Exchange (LSE) and a merger between Dix

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15 May 2014 08:26

Dixons profits to be at top end of guidance as Carphone merger announced

Currys and PC World owner Dixons Retail, which is to merge with Carphone Warehouse, said it experienced 'another excellent year' as it updated the market on strong trading in the fourth quarter. The company said it saw a "strong outturn" across the group with full-year underlying sales up 3% and li

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15 May 2014 07:58

Dixons and Carphone Warehouse announce 3.8bn-pound merger

After months of talks, Currys and PC World owner Dixons Retail and mobile phone group Carphone Warehouse have agreed on an all-share merger valuing the combined entity at 3.8bn pounds. The new company, to be named Dixons Carphone plc, is hoped to create a "world-class British retailer for the new d

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15 May 2014 07:47

UK MORNING BRIEFING: Dixons Carphone PLC Is Born

LONDON (Alliance News) - Shares have opened marginally higher in London Thursday amid a flurry of UK corporate news and European economic statistics.

Electronics retailer Dixons Retail and mobile phone retailer Carphone Warehouse confirmed they will

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15 May 2014 06:57

RPT-UPDATE 1-UK's Dixons and Carphone agree 3.8 bln stg retail merger

(Repeats to wider coding, no changes to text) LONDON, May 15 (Reuters) - Britain's Carphone Warehouse and Dixons Retail have agreed a 3.8 billion pounds ($6.38 billion) all-share merger, creating a powerful pan-European mobile phone and electricals group with about 2,900 stores. Carp

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15 May 2014 06:17

UK's Dixons and Carphone agree 3.8 bln stg merger

LONDON, May 15 (Reuters) - Britain's Carphone Warehouse and Dixons Retail have agreed a 3.8 billion pounds ($6.38 billion) all-share merger, creating a powerful pan-European mobile phone and electricals group with about 2,900 stores. Carphone, Europe's biggest independent mobile phone reta

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12 May 2014 07:07

Monday newspaper round-up: Ukraine, House price rises, Interest rates

Pro-Russian separatists in eastern Ukraine declared victory in a secession referendum Sunday, ratcheting up tensions between the West and Moscow, which by recognizing the results could push the country toward a breakup. Ukraine called the vote illegal and riddled with irregularities, and part of a w

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11 May 2014 11:23

Sunday newspaper round-up: AstraZeneca, BSkyB, interest rates

Pfizer has been advised by a top US law firm that its assurances over the proposed £63bn takeover of AstraZeneca are legally binding, the Sunday Times reported. Chief Executive Ian Read hopes the opinion from Skadden Arps will help cool the political argument over his intended deal. He will be quest

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7 May 2014 06:52

Wednesday newspaper round-up: AstraZeneca, Britain, Carphone Warehouse

Vince Cable said he would not "rule out intervention" in Pfizer's 63bn pound bid for Astra Zeneca as he warned that the "future of the UK is a knowledge economy not a tax haven". The Business Secretary told the House of Commons that just as both AstraZeneca and Pfizer were "motivated by hard-headed

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6 May 2014 06:38

Bouygues, SFR open to offers for Virgin Mobile -report

PARIS, May 6 (Reuters) - Bouygues Telecom and Vivendi's SFR unit are both ready to make offers for French virtual mobile network operator Virgin Mobile, Les Echos newspaper reported on Tuesday. Virgin Mobile is 46 percent owned by Carphone Warehouse , Europe's biggest independent mobile pho

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29 Apr 2014 13:15

UK MIDDAY BRIEFING: BP Profit Down, But Payout Up Again

LONDON (Alliance News) - BP Tuesday said its pretax profit fell 73% in the first quarter, due to lower revenues and after last year's result was buoyed by the sale of its stake in TNK-BP, but it raised its quarterly dividend for the second time in six months and said further s

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