All City & finance articles – Page 300
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NewsSainsbury’s agrees asking price for Argos offer: What the analysts say
Sainsbury’s has reached an agreement with Home Retail, valuing the business at approximately £1.3bn. Here’s the City’s reaction.
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NewsSainsbury's boss Coupe gunning for John Lewis and Amazon with Argos bid
Sainsbury’s boss Mike Coupe has declared the grocer can compete with John Lewis, Amazon and M&S, if it completes a takeover of Argos.
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AnalysisAnalysis: Sainsbury's bid for Home Retail Group in numbers
Sainsbury’s and Home Retail Group announced today they have agreed terms on a deal for the grocer to acquire the Argos owner for £1.3bn.
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NewsMatalan placed in bank’s special measures unit over trading fears
Matalan has been placed into its bank’s special measures division for struggling businesses as concerns grow over its weak trading.
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NewsOcado customer service focus helps full-year profits rise
Online grocer Ocado’s pre-tax profits surged 65.3% to £11.9m in the year to November 29, 2015 as its focus on customer service paid off.
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NewsSainsbury’s agrees Home Retail asking price ahead of takeover deadline
Sainsbury’s has reached an agreement with Home Retail over the asking price for the business ahead of this evening’s takeover deadline.
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DataData: Retail share price index – January 29, 2016
January 29, 2016: This week’s data on the biggest risers and fallers plus a comprehensive list of share price results in the retail sector.
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NewsBargain Booze owner Conviviality posts half-year profits rise
Bargain Booze owner Conviviality’s pre-tax profit before exceptionals edged up 2.8% to £3.3m in its half year, despite a like-for-like decline of 1.3%.
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NewsSainsbury's talks to acquire Home Retail Group stall over valuation
Sainsbury’s hopes of acquiring Argos owner Home Retail Group hang in the balance because the retailers cannot agree a price.
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NewsFindel warns on profits after tough trading and currency woes
Findel has warned that its full-year profits will be lower than expected after a tough third quarter and the impact of currency movements.
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VideoThe Retail Week: Sainsbury's investors, Bargain Booze MD and Tesco GCA
The Retail Week team is joined by Cantor Fitzgerald analyst Mike Dennis to discuss the top stories from across the industry this week.
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NewsAgenda: Online grocer Ocado to reveal full-year trading figures
Retail Week looks ahead to next week with full-year figures from Ocado and half-year updates from Conviviality and DFS all on the agenda.
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NewsStrong dollar and mild weather dent H&M profits in fourth quarter
H&M has revealed a strong dollar and mild weather affected profits but the fashion giant said it would continue its global store expansion.
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NewsHotel Chocolat swings to profit after sales growth and cost controls
Hotel Chocolat has swung to a full-year profit driven by tighter control of costs and sales growth within its stores and online.
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OpinionOpinion: Asda job losses a reminder of difficult decisions facing grocers
In the face of the headwinds in which the UK grocery market has had to operate, Asda has never shirked from taking difficult decisions.
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DataData: Retail share price index – January 22, 2016
January 22, 2016: This week’s data on the biggest risers and fallers plus a comprehensive list of share price results in the retail sector.
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NewsSainsbury's set to win Qatari support for last-minute Argos bid
Sainsbury’s is set to gain the support of its largest shareholder, the Qatar Investment Authority, for a renewed bid for Argos.
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NewsDixons Carphone reports better than expected Q3: What the analysts say
Dixons Carphone has revealed full year profits will be slightly ahead of expectations due a stronger than expected third quarter. Here’s what the analysts said.
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NewsCard Factory delivers full-year growth: What the analysts say
New stores and a transactional website helped total full-year sales at Card Factory to jump 8.1% to December 31. Here’s the City’s reaction.
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NewsCarpetright third-quarter like for likes rise 2.4%: What the analysts say
Floor covering specialist Carpetright saw like-for-likes edge up 2.4% in the UK over its third quarter. Here’s what the analysts said.