PAP.L Share News (PAP)

Paddy Power interim profit jumps as online and retail revenues grow

(ShareCast News) - Paddy Power posted a 31% rise in interim pre-tax profit as revenue grew strongly across the company's online and retail divisions, as it announced an agreement in principle to the key terms of a possible merger with Betfair. Pre-tax profit for the six months ended 30 June came in

Betfair posts rise in first quarter core earnings and revenue

(ShareCast News) - Betfair posted a rise in first-quarter revenue and core earnings on Wednesday and announced that it has agreed in principle to a possible merger with Paddy Power. In a trading update for the three-month period ended 31 July, the company said revenue was up 15% from the first quart

LONDON MARKET OPEN: Stocks Resume Declines After Brief Respite

Bookies Betfair and Paddy Power agree in principle to merger terms

(ShareCast News) - Shares in Paddy Power and Betfair surged on Wednesday as they announced they have agreed in principle to a possible merger that would create one of the world's largest public online betting and gaming companies by revenue. Betfair said on Wednesday that the combination has compell

REPEAT: Betfair And Paddy Power Set To Merge As Both Report Robust Trading

LONDON BRIEFING: Betfair And Paddy Power Shares Jump On Merger Deal

LONDON MARKET PRE-OPEN: Wall Street Losses Weigh On London

Betfair And Paddy Power Set To Merge As Both Report Robust Trading

Paddy Power Says Top-Line Growth Strong As Chairman Steps Down

LONDON MORNING BRIEFING: Shares Lower On Global Bond Volatility

William Hill suspends betting on Greece leaving the Eurozone

Bookmaker William Hill has suspended betting on Greece leaving the Eurozone in 2015 after heavy betting on the 'Grexit'. The bookie also stopped taking money on which country would be the first to leave the single currency bloc, although rivals Paddy Power and Betfair were still offering odds of 3/1

Paddy Power shares rally on bumper 2014 results

Paddy Power shares jumped 10% higher to €73 on Tuesday morning in London after the bookmaker reported bumper earnings for 2014 and pledged to return cash to shareholders. The Irish based gambling company reported a record profit before tax, up 21% to €167m on the previous year with earnings per shar

UK MORNING BRIEFING: Glencore And Barclays Down Amid Firm Market

Paddy Power CFO to take "good hard look" at Italian business

DUBLIN, March 3 (Reuters) - Paddy Power will not prejudge the outcome of a review of its Italian business, Chief Financial Officer Cormac McCarthy said on Tuesday when asked if the Irish betting company was committed long term to Italy. "There's no point in prejudging the outcome until we f

Paddy Power Returns Extra Cash To Shareholders After Strong 2014