Tue, 04th Oct 2011 08:25
(ShareCast News) - Paddy Power said on Wednesday it expects to report a rise in full year operating profit before exceptional items as it announced a good end to last year. The bookmaker, which is currently in the process of merging with Betfair, expects operating profit for the year ended 31 Decemb
Read more(ShareCast News) - Paddy Power's recommended merger with Betfair has received clearance from Ireland's Competition and Consumer Protection Commission. The company said it expects the merger, which was cleared by the UK Competition and Markets Authority in December, to complete on 2 February. The co
Read more(ShareCast News) - Dublin-based bookmaker Paddy Power, which is set to merge with Betfair to create one of the world's largest betting and gaming companies, said trading in the period from 1 July to 15 November has been in line with its expectations following a very strong first half performance. "T
Read more(ShareCast News) - Broker Numis has upgraded Betfair and Paddy Power to a 'buy' rating as the two bookmakers close in on a merger. Despite their high valuation, the pair have a history of outperforming market expectations and the broker believes their share prices will rise as investors to revisit t
Read more(ShareCast News) - Barclays upgraded William Hill to 'overweight' from 'equalweight' and lifted the price target to 415p from 385p as it took a look at the European gaming sector. "In an industry with duplicated cost bases and where scale matters, it is no surprise consolidation is kicking-off; it i
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