DXNS.L Share News (DXNS)

BROKER RATING CHANGES: Goldman - Buy Gulf Keystone, Rockhopper

Monday broker round-up UPDATE

Admiral Group: JP Morgan cuts target price from 1122p to 1022p maintaining an underweight rating. Balfour Beatty: Numis increases target price from 285p to 315p and stays with its add rating. Bankers Petroleum: Goldman Sachs takes target price from 365p to 379p and reiterates a buy recommendation.

BROKER RATING CHANGES: Jefferies Raises Property Sector Targets

UPDATE 1-Dixons pays 25 mln euros to solve Italian problem

LONDON, Oct 10 (Reuters) - Dixons Retail, Europe's second-biggest electrical goods retailer, has agreed to pay 25 million euros ($34 million) to merge its loss-making UniEuro business in Italy with a firm controlled by private equity group Rhone Capital. Dixons' plan is to focus on markets

Dixons hives off Italian chain Unieuro

Electrical goods retailer Dixons Retail has taken another step in its drive to focus on core businesses by hiving off its Italian Unieuro chain. Dixons, which owns Currys and PC World in the UK, has done a deal with the shareholders of SGM Distribuzione, which trades as Marco Polo in Italy, to put

Dixons Retail Pays EUR25 Million To Merge Out Italian Business

Dixons pays 25 mln eur to merge Italy business

LONDON, Oct 10 (Reuters) - Dixons Retail, Europe's second-biggest electricals goods retailer, has struck a deal to merge its loss-making UniEuro business in Italy with a firm controlled by private equity group Rhone Capital, it said on Thursday. The agreement will see Dixons provide the mer

Darty sees pickup in French TV sales ahead of World Cup

By Dominique Vidalon PARIS, Oct 9 (Reuters) - Darty Plc, Europe's third-largest electrical goods retailer, is betting on the lure of improved technology and the upcoming 2014 FIFA soccer World Cup in Brazil to reverse a slump in TV sales in its core French market. Chief Executive Regi

London close: FTSE 100 at three-month low as IMF cuts global outlook

Disappointing economic data and the ongoing US government shutdown sparked a sell-off on London's FTSE 100 on Tuesday, with the index falling to levels not seen in over three months. Meanwhile, as the budget impasse continues in Washington, the International Monetary Fund (IMF) today cut its outloo

FTSE 250 movers: Telecom Plus surges after strong first half

The share price of Telecom Plus surged on Tuesday afternoon after the utility services company reported that growth accelerated strongly in the first half. The firm said that customer numbers jumped by 50 per cent in the six months to September 30th, as it guided to a record full-year performance. F

Sector movers: Retailers hit by slowing sales growth

Retail stocks were off shopping lists again on Tuesday as some disappointing economic data prompted concerns about consumer demand. UK retail sales growth slowed for the second straight month in September, the British Retail Consortium (BRC) has revealed. Like-for-like sales growth fell to an ann

London midday: Retailers, miners drag FTSE 100 into the red

Markets were sharply lower on Tuesday with retailers and miners providing a drag as investors digested a barrage of gloomy economic data and the ongoing government shutdown in the States. The FTSE 100 dipped below the 6,400 mark in morning trade, a level seen as support for London's benchmark index

London close: Markets in 'wait-and-see' mode as shutdown continues

After fluctuating between gains and losses for most of the day, the FTSE 100 finished broadly flat on Friday as stocks struggled for direction. In the absence of economic news and ongoing political uncertainty in the States, markets remain in "wait-and-see mode", according Senior Market Analyst Mic

Sector movers: Carpetright drags retailers lower after profit warning, CEO exit

A surprise profit warning and Chief Executive Officer (CEO) exit at Carpetright send the FTSE 250 plunging on Friday afternoon, dragging the general retail sector lower in London. Carpetright announced the departure of CEO Darren Shapland as it warned falling sales meant full-year profits would be

London midday: UK markets lack direction as US budget impasse persists

After a slow start, the FTSE 100 had erased losses by midday on Friday but markets remain subdued as stocks struggle for direction in the absence of economic news and ongoing political uncertainty in the States. Since the partial shutdown of the US government has extended into its fourth day, gove