DXNS.L Share News (DXNS)

Dixons makes first underlying profit in six years but outlook tougher

A strong UK performance helped electronics retailer Dixons Retail to unveil its first underlying profit in six years but it warned that the second half would be tougher. Dixons, which owns Currys and PC World, said the UK & Ireland division boosted like-for-like sales by 9% in the first half to Oct

Tuesday preview: Bumi shareholders vote on Bakrie split

Bumi shareholders will vote Tuesday on the proposed separation of the Indonesian coal miner from the Bakrie Group. Nathaniel Rothschild, a major shareholder who co-founded the group with the Bakries, on Friday said he would back the deal. Rothschild, who owns more than a 15% stake, left the board

Sunday share tips: Dixons, Bellway, Exillon

Buy shares of Dixons Electrical, Danny Fortson said in the Sunday Times. Dixons has gained from the demise of its rival Comet and its shares have more than doubled in the past year. There could be more good news on December 17th when the retailer posts interim results as Dixons rides the wave of tab

Friday broker round-up UPDATE

African Barrick Gold: JP Morgan lowers target price from 180p to 170p leaving its neutral rating unaltered. Aggreko: Numis reduces target price from 1400p to 1234p downgrading from reduce to sell. Anglo American: Deutsche Bank reduces target price from 1780p to 1500p and downgrades to hold. JP Mor

Monday broker round-up UPDATE

Alternative Networks: FinnCap takes target price from 390p to 430p and retains a buy recommendation. Investec ups target price from 390p to 440p maintaining a buy recommendation. Anite: Panmure Gordon shifts target price from 142p to 143p and keeps a buy recommendation. Canaccord Genuity upgrades f

Dixons Retail reports completion of new Italian firm

Electrical company Dixons Retail has announced the completion of the transaction to form a holding company, called NewCo, owning both Unieuro and Marco Polo in Italy. The move to unite the two specialist firms has created a combined portfolio of 173 stores comprising wholly-owned stores and a numb

London pre-open: FTSE to move lower ahead of data releases

- FTSE to drop 13 points - Chinese PMI beats expectations at 50.8 - UK Manufacturing PMI due out later City sources predict the FTSE 100 will open around 13 points lower than Friday's close of 6,650.57, ahead of a several important economic data releases due out today and as markets get back on tra

Update-Moody's: High growth in UK internet retail sales set to continue due to price competitiveness and greater convenience

UK internet retail

Monday broker round-up UPDATE

African Barrick Gold: Goldman Sachs ups target price from 110p to 140p, but still recommends selling. Alternative Asset Opps: Westhouse Securities initiates with a buy recommendation. Amino Technology: Northland Capital cuts target price from 110p to 100p and downgrades from buy to hold. Asian Pl

'Let Britain Fly' campaign backed by multiple business leaders

Leading business figures have leant their support to a campaign that is warning politicians that failure to commit to airport expansion risks condemning the UK to being a second-rate economy until at least 2040. The "Let Britain Fly" campaign was launched Tuesday and calls on all major parties to

Wednesday broker round-up

AMEC: Credit Suisse downgrades from outperform to neutral with a target price of 1250p. Antofagasta: Alphavalue lowers target price from 1000.6p to 999.5p, while upgrading from add to buy. Associated British Foods: Credit Suisse raises target price from 1850p to 2250p and keeps a neutral rating.

UK BROKER RATING CHANGES: Panmure Cuts AstraZeneca To Sell

DIRECTOR DEALINGS: Dixons Retail Director Sells Shares

UPDATE 1-Apple bets on Burberry chief to burnish retail shine

* Apple hires Burberry CEO Angela Ahrendts * Ahrendts to expand Apple retail and online stores * Burberry went digital, expanded into China under Ahrendts (Adds Apple CEO memo, details on Apple retails strategy) By Poornima Gupta and Guy Faulconbridge SAN FRANCISCO/LONDO

UPDATE 4-Burberry names Bailey CEO as Ahrendts quits for Apple

* Christopher Bailey to combine creative, CEO roles * Angela Ahrendts to step down in mid-2014, to join Apple * CFO says appointment will not mean strategy change * H1 revenue up 14 percent to 1.03 bln stg * Shares fall 7.6 percent (Updates pay details, shares) By