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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

Numis says 'hold' on Home Retail amid Sainsbury takeover talks

(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

BROKER RATINGS SUMMARY: Exane BNP Downgrades Wolseley To Underperform

Dividends Calendar - Week Ahead

Broker tips: Home Retail, Dechra Pharma, StanChar

(ShareCast News) - Dechra Pharmaceuticals remains a strong stock with plenty in the pipeline, according to Investec on Thursday. In a trading update for the first half, the company reported revenue growth of 15% at a constant exchange rate (CER), including the integration of Genera which was bought

UPDATE 2-Poor Christmas for bid target's Argos strengthens Sainsbury's hand

* Home Retail in advanced talks to sell Homebase to Wesfarmers * Sale of DIY chain removes obstacle for Sainsbury's bid * Argos has poor Christmas, with like-for-like sales down * Homebase CEO says ball in Sainsbury's court * Sainsbury's declines to comment on Homebas

Home Retail downgraded to 'sell' by Canaccord

(ShareCast News) - Home Retail was under the cosh on Thursday as Canaccord Genuity downgraded its rating on the stock to 'sell' from 'hold' after the owner of Argos guided lower on profits. The company said its full year profit was forecast to come in at the lower end of expectations after Argos sal

UPDATE: Home Retail Warns On Full Year Profit Amid Mixed Trading

London open: MPC may surprise with dovish tone, analysts say

(ShareCast News) - London's top flight index dropped sharply early on Thursday morning, following a bruising session on Wall Street and with investors and traders focused on the Monetary Policy Committee announcement at noon. As of 08:38GMT the Footsie was down by 89.76 points to 5,871.21. To take

LONDON MARKET OPEN: Tesco, Burberry Shine Amid Still Gloomy Markets

Home Retail Downgrades Expectations On Tough Trading Environment

Takeover target Home Retail says poor sales at Argos to hit profit

LONDON, Jan 14 (Reuters) - British retail takeover target Home Retail reported a worse-then-expected 2.2 percent drop in like-for-like sales at its biggest chain Argos, hours after its said it was in advanced talks to sell its Homebase chain for 340 million pounds. Home Retail, which superm

Home Retail profit to be at lower end of expectations

(ShareCast News) - Home Retail Group's full year profit is expected to come it at the lower end of expectations after Argos sales over the festive period dipped. Sales at the retailer for the 18 weeks to 2 January have dropped 2.2%, but a 5% increase in sales at Homebase has limited the damage to th

Home Retail nears Homebase sale for GBP340m cash

(ShareCast News) - Home Retail has confirmed it is in advanced discussions to sell its Homebase arm to Australia's Wesfarmers Limited for £340m cash, possibly paving the way for suitor Sainsbury's to swoop again for the company's Argos business. Home Retail, which rejected a takeover offer from Sain

UPDATE 3-UK's Home Retail in talks to sell Homebase to Australia's Wesfarmers

(Adds Wesfarmers statement) By Paul Sandle LONDON, Jan 13 (Reuters) - British takeover target Home Retail said on Wednesday it was in advanced talks to sell its Homebase home improvement stores to Australia's Wesfarmers for 340 million pounds ($490 million) in cash, allowing it to foc