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

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

Conviviality Poaches Home Retail's Robinson As Head Of Retail Arm

Sunday newspaper round-up: HMRC's new tax deals, Tesco's debt, Sainsbury's

(ShareCast News) - In the wake of Google's £130m tax settlement with the UK taxman, other giant US corporations are close to shaking hands on their own deals. HM Revenue & Customs officials have confirmed to the Sunday Times that Amazon, Facebook, Microsoft and McDonald's are all close to agreements

Amazon steps up recruitment as it expands in Europe

LONDON, Jan 22 (Reuters) - Online retailer Amazon plans to create several thousand jobs in Europe in 2016, more than 2,500 of which will be in Britain, stepping up its expansion in the region, it said on Friday. The jobs form part of an investment by the U.S.-based company to expand its wa

Exane ups Home Retail, downgrades Marks & Spencer

(ShareCast News) - Exane BNP Paribas took a look at general retailers, upping its stance on Home Retail but cutting its rating on Marks & Spencer. The bank lifted Home Retail to 'neutral' from 'underperform', bring the price target up to 150 from 80p, given the likelihood of a bid from Sainsbury's,

FTSE 250 movers: Ocado leads market after Amazon bid rumours

(ShareCast News) - The FTSE 250 was firmly in the black on Tuesday, rising 152.56 points (0.96%) to 16,111.37 by mid-afternoon. Shares in Ocado were flying as rumours of a bid from Amazon resurfaced. The US internet retail giant was reported to be working on a potential approach for the FTSE 250 on

TOP NEWS SUMMARY: Home Retail Sells Homebase For GBP340 Million

LONDON MARKET OPEN: Home Retail Gains After Homebase Sale

Bunnings brand to replace Homebase as Home Retail agrees Australian sale

(ShareCast News) - Home Retail Group has agreed to sell its Homebase division to Australia's Wesfarmers in a move which will see the well-known brand disappear. The FTSE 250 company announced the £340m sale to one of Australia's biggest retailing groups on Monday, following confirmation last week it

Home Retail confirms Homebase sale to Wesfarmers

LONDON, Jan 18 (Reuters) - Britain's Home Retail Group confirmed the sale of its Homebase chain to Wesfarmers Ltd on Monday, and said it would return 200 million pounds ($285 million) of the proceeds to shareholders. The company, which retains its larger Argos business, said last week it w

UPDATE: Home Retail To Return Cash After Homebase Sale To Wesfarmers

Wesfarmers Agrees GBP340 Million Acquisition Of Home Retail's Homebase

Sunday newspaper round-up: Iran worries, bank start-ups, National Grid, Argos

(ShareCast News) - Tumbling Middle East stock markets in the wake of the lifting of Iran's economic sanctions have set the scene for another white-knuckle ride on the FTSE 100 in the coming week. The possibility of a new wave of oil flowing from Iran oil onto an already saturated markets sent all se

Broker tips: Home Retail, AB Foods, Tate & Lyle

(ShareCast News) - Home Retail has made it "difficult to mount a convincing defence against any bid from Sainsbury" after reporting disappointing sales over the Christmas period, Numis said on Friday. Sales at its Argos brand for the 18 weeks to 2 January dropped 2.2% compared to consensus for a 0.3