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15 May 2014 12:48

UK MIDDAY BRIEFING: "Dixons Carphone" Shares Hit By Merger Deal

LONDON (Alliance News) - Shares in Carphone Warehouse Group and Dixons Retail took a hit Thursday after the companies announced a GBP3.6 billion merger that will create the UK's biggest retailer of mobile phones and electrical goods.

The new firm,

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15 May 2014 12:17

MARKET COMMENT: US Stocks Seen Lower As Wal-Mart Disappoints

LONDON (Alliance News) - US stocks are called to open modestly lower Thursday, as investors digest a weaker-than expected quarterly earnings report from Wal-Mart, and ahead of a raft of top-tier US macro-economic data. Wal-Mart, which is the world's biggest retailer, is weighing on equity f

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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 08:56

UPDATE: Dixons Retail, Carphone Warehouse Create Electronics Giant

LONDON (Alliance News) - Electronics retailer Dixons Retail PLC and mobile phone retailer Carphone Warehouse Group PLC Thursday said they'd now agreed to merge, a GBP3.6 billion deal that will create the UK's biggest retailer of mobile phones and electrical goods. In a statement Thursday, t

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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 07:19

Dixons Retail And Carphone Warehouse Announce Equal Merger

LONDON (Alliance News) - Electronics retailer Dixons Retail PLC and mobile phone retailer Carphone Warehouse Group PLC confirmed Thursday that they will merge in a 50/50 all-share merger. In a statement Thursday, Carphone Warehouse said the merged group will be called Dixons Carphone PLC, i

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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 06:45

MARKET COMMENT: UK Stocks Set For Soft Open Ahead Of European Data

LONDON (Alliance News) - UK stocks are set to open marginally lower Thursday, following a negative close on Wall Street on Wednesday and ahead of some top-tier economic data from Europe. UK equities closed mixed on Wednesday, with only a late rally in the FTSE 100 preventing the UK's blue-c

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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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