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Sainsbury and Home Retail said to near agreement on price

(ShareCast News) - Home Retail shares surged on Monday following a report that it was nearing an agreement with Sainsbury on the price the supermarket retailer will pay for the Argos owner. Bloomberg cited people familiar with the matter as saying that a price of between 160p and 165p a share was be

LONDON MARKET MIDDAY: BT Group Leads Blue-Chips In Mixed Market

LONDON MARKET OPEN: BT Rises As Profit Increases Ahead Of EE Merger

PRESS: Sainsbury's Pushed To Raise Home Retail Takeover Offer - FT

Sunday newspaper round-up: Sainsbury-Home Retail, RBS, IHG, Ladbrokes

(ShareCast News) - As Tuesday's takeover deadline approaches, Sainsbury's has made a bid of 150p per share for Argos owner Home Retail Group, which is shy of the 170p apparently being demanded. The Sunday Telegraph cited sources that suggested a middle-ground 160p bid would be enough to announce the

LONDON MARKET CLOSE: Bank Of Japan Rate Cut Sparks Global Equity Rally

London close: Equities close higher as oil prices rise, BoJ loosens policy

(ShareCast News) - The UK equity market closed higher on Friday as oil prices rose and the Bank of Japan's latest policy decision was well received. Oil prices gained on hopes of a deal by major exporters to cut production to address the global supply glut. At 1640 GMT, Brent crude rose 1.4% to $34.

FTSE 250 movers: Tullett Prebon leads market to higher weekly close

(ShareCast News) - The FTSE 250 was set to end the week on a high, with the second tier market up 226.12 points (1.40%) to 16,422.67 by mid-afternoon on Friday. Shares in Tullett Prebon surged after it said market activity in the last two months of 2015 was higher than experienced in the same period

LONDON MARKET MIDDAY: Japanese Rate Cut Boosts Asian, European Markets

BUZZ-Home Retail: sinks on reports Sainsbury's deal stalled

** Home Retail falls 8.7 pct with traders citing a report J Sainsbury's takeover plan for the company has broken down ** FT says talks have stalled due to a disagreement in price. Link: http://bit.ly/1NFdg25 ** Home Retail, owner of Argos, rose as much as 43 pct on Jan 6 after the app

Home Retail acquisition hits the skids, report claims

(ShareCast News) - Sainsbury's acquisition of Home Retail has stalled, according to the Financial Times. A wide gap in the two sides' valuation of Home Retail shares was said to be the divisive issue. Nonetheless, the FT cited sources who said talks were still ongoing and a break-through was still

PRESS: Sainsbury's-Home Retail Takeover Talks Stall Over Price - FT

Sainsbury's Says Qatar Has Not Yet Taken Position On Home Retail Bid

PRESS: Qatar Ready To Back Sainsbury's Home Retail Bid - The Times

UPDATE: Conviviality Poaches Home Retail's Argos COO As New Bid Looms