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Friday broker round-up

(ShareCast News) - Poundland: HSBC reiterates hold with a target price of 160p. Glencore: JP Morgan keeps at neutral with a 150p target. Home Retail: HSBC stays at hold with a target price of 165p. Booker: HSBC keeps at buy with a target of 230p. Safestore: Berenberg stays at buy with a target pr

BROKER RATINGS SUMMARY: Deutsche Bank Says Sell PageGroup And Hays

UPDATE 1-Sainsbury's lines up CFO Rogers to run Home Retail business

(Recasts, adds background) By Sarah Young LONDON, June 10 (Reuters) - British supermarket Sainsbury's said its finance boss John Rogers would become chief executive of Home Retail when it completes a takeover designed to reduce its reliance on food and drink sales. Sainsbury's

TOP NEWS: Sainsbury's Promotes CFO Rogers To Be CEO Of Home Retail

RPT-Home Retail CEO to step down after Sainsbury's takeover

(Repeats without change to text) LONDON, June 10 (Reuters) - Home Retail, the Argos-store owner which is being acquired by Sainsbury's , said its chief executive John Walden would quit when the takeover by the supermarket is finalised, with Sainsbury's lining up its CFO to fill the roll.Read more

Home Retail CEO to step down after Sainsbury's takeover

LONDON, June 10 (Reuters) - Home Retail, the Argos-store owner which is being acquired by Sainsbury's , said its chief executive John Walden would quit when the takeover by the supermarket is finalised, with Sainsbury's lining up its CFO to fill the roll. Sainsbury's said it would promote i

EXTRA: Home Retail Posts Best Sales Growth In 2 Years Ahead Of Merger

WINNERS & LOSERS SUMMARY: Essentra Shares Crushed By Profit Warning

UPDATE 1-Argos owner Home Retail raises provision for overcharging some customers

(Rewrites with comments on financial services provision, share price) LONDON, June 9 (Reuters) - Argos owner Home Retail said on Thursday it may need to increase a provision by up to 30 million pounds ($43 million) to compensate financial services customers who were overcharged, taking the

LONDON MARKET OPEN: Weak China Inflation Offsets Higher Oil Price

Home Retail Group's Argos reports best performance in 8 quarters

(ShareCast News) - Total first quarter sales at Home Retail Group's Argos chain grew by 2.6% to £868m, the company said, adding that net new space contributed 2.5%, mainly as a result of store openings in the previous financial year. Like for like sales at Argos grew by 0.1%, although the company sa

Home Retail's Argos has best quarter in two years

LONDON, June 9 (Reuters) - Home Retail's Argos reported its best quarterly sales performance in two years on Thursday, indicating the distraction of a yet to complete takeover by supermarket Sainsbury's has not damaged trade. The firm said Argos' total sales rose 2.6 percent to 868 million

TOP NEWS: Home Retail Sales Rise But Margin Suffers; Ups Provision

Thursday preview: Home Retail reports first quarter trading update sans Homebase

(ShareCast News) - Home Retail reports its first quarter trading update on Thursday which will cover only Argos following the completion of its Homebase disposal. DYI chain Homebase was sold to Australian firm Wesfarmers in February for £340m and rebranded as Bunnings, which was seen to make Home Re

UPDATE 2-UK supermarket Sainsbury's says prepared for price war escalation

* First quarter underlying sales fall 0.8 pct * Says market conditions remain challenging * Prepared for another round of UK price war (Recasts with CEO, analyst comment, shares) By James Davey LONDON, June 8 (Reuters) - Sainsbury's said on Wednesday it was prepared for