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9 Jun 2014 10:22

UK WINNERS & LOSERS: Lloyds Among Big Losers In FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
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Capita, up 1.7%. Numis Securities has upgraded Capita to Buy, from Hold, and increased its pric

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9 Jun 2014 09:55

MARKET COMMENT: FTSE 100 Gains On Asian Data But Lloyds Declines

LONDON (Alliance News) - The FTSE 100 is modestly higher Monday, as investor sentiment remains broadly positive after a strong US jobs report on Friday, followed by some better Chinese data over the weekend and an upward revision to Japan's GDP. By mid-morning Monday the FTSE 100 is up 0.3%

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9 Jun 2014 09:18

UPDATE: EE Deliberations Threaten Dixons Carphone Merger

LONDON (Alliance News) - EE is poised to pull out of its relationship with Carphone Warehouse Group PLC in a move that threatens the retailer's GBP3.6 billion merger with Dixons Retail PLC, The Telegraph reported at the weekend. EE, a joint venture between Orange SA and Deutsche Telekom AG,

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9 Jun 2014 07:52

PRESS: EE Deliberations Threaten Dixons Carphone Merger - Telegraph

LONDON (Alliance News) - EE is poised to pull out of its relationship with Carphone Warehouse Group PLC in a move that threatens the retailer's GBP3.6bn merger with Dixons Retail PLC, The Telegraph reported at the weekend. EE, the UK's biggest mobile operator, is reviewing its consumer reta

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8 Jun 2014 16:25

Sunday newspaper round-up: TSB float, Barclays, Carphone Warehouse

Lloyds Banking Group will price TSB at up to £1.44bn when it floats the new bank on the stock market - 10% below the new bank's book value, the Sunday Telegraph said. The valuation is designed to ensure a smooth reception for the initial public offering, making the bank priced "to go". Lloyds thinks

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5 Jun 2014 15:57

AO World Set For Big European Expansion, Germany First

LONDON (Alliance News) - AO World PLC, the online domestic appliance retailer that listed in London at the end of February, Thursday said it is planning a big expansion into Europe, starting in Germany and then into neighbouring countries like the Netherlands and Belgium. Its growth ambitio

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29 May 2014 14:30

Sector movers: Retail stocks slip as Kingfisher's Q1 disappoints

Retail stocks were off shopping lists on Thursday as results from B&Q owner Kingfisher left investors unimpressed. Europe's biggest home improvement retailer, which also owns Screwfix and Mr Bricolage in France, saw shares fall after reporting retail profits of £142m in the three months ended May 3

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29 May 2014 08:53

Fitbug Upbeat As Losses Widen On Investment Costs

LONDON (Alliance News) - Fitbug Holdings PLC Thursday said its losses widened in 2013, as it continued to invest in its product offering. The provider of online personal health and well-being services posted pretax losses of GBP2.6 million for 2013 compared with a GBP1.5 million loss in 201

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22 May 2014 07:15

Darty eyes World Cup TV sales boost after sales slow

PARIS, May 22 (Reuters) - Darty Plc, Europe's third-largest electricals retailer, is banking on the upcoming football World Cup to boost its sales of TV sets after it suffered a 0.8 percent decline in like-for-like quarterly revenue amid challenging markets. "In the fourth quarter (to end A

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19 May 2014 14:44

FTSE 250 movers: Rate cut sends SuperGroup sliding

A recommendation cut from Oriel Securities knocked more than 5% off of SuperGroup's share price. The broker changed its recommendation to 'reduce' from 'hold', saying "we are starting to ask ourselves whether there is something more fundamental afoot" with the decline in its like-for-like sales, whi

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19 May 2014 10:29

TOP NEWS: AstraZeneca Rejects Pfizer's GBP69 Billion Final Offer

LONDON (Alliance News) - The following is a summary of top news stories Monday.
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COMPANIES
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AstraZeneca PLC rejected a final GBP69 billion takeover proposal from Pfizer Inc, potentially ending the US company's interest i

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19 May 2014 10:28

EU mergers and takeovers (May 19)

BRUSSELS, May 19 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Affiliates of private equity firms KKR and H.I.G. Capital to acquire Estro Groep B.V., a Dutch provider of child day

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19 May 2014 10:24

UK WINNERS & LOSERS: AstraZeneca Falls On Pfizer Rejection

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
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EasyJet, up 1.5%, and International Consolidated Airlines Group, up 0.7%. The

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19 May 2014 09:19

EU regulators to decide on Carphone, Dixons deal by June 25

BRUSSELS, May 19 (Reuters) - European Union antitrust regulators will decide by June 25 whether to clear the 3.8-billion-pound ($6.40 billion) merger of British mobile phone retailer Carphone Warehouse and Dixons Retail, the European Commission said on Monday. The companies announced a deal

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19 May 2014 07:40

London pre-open: Ukraine elections and BoE remarks in focus

Stocks are set to begin this week little changed from the end of last, with just a modest decline of around seven points below Friday's close of 6,855.81. Investors will kick off today's session with AstraZeneca firmly in focus after its board rejected a final offer from US pharmaceutical rival Pfi

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