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7 Nov 2013 11:29

Three to end tie-up with Carphone Warehouse

LONDON, Nov 7 (Reuters) - Mobile phone deals from Three UK will no longer be available in Carphone Warehouse stores from next month as Britain's smallest network operator focuses on selling through its own shops and online. Carphone Warehouse, which has over 780 stores in the UK, said on Th

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3 Sep 2013 11:13

Tuesday broker round-up

ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta

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27 Aug 2013 09:14

Tuesday broker round-up UPDATE

Admiral Group: JP Morgan ups target price from 1108p to 1122p staying with its underweight rating. Antofagasta: Investec places its target price (prev.: 707p) under review and retains a sell recommendation. Berendsen: HSBC increases target price from 745p to 900p and reiterates a neutral rating.

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24 Jul 2013 08:05

UPDATE 1-Smartphone demand boosts Britain's EE and Carphone

* EE posts record margins on contract demand * Carphone Warehouse posts better than expected sales * TalkTalk records second quarter of sales growth By Kate Holton LONDON, July 24 (Reuters) - Demand for high-end smartphones on long-running contracts helped Britain's larges

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24 Jul 2013 06:10

Carphone beats forecasts for first quarter sales

LONDON, July 24 (Reuters) - Europe's biggest independent mobile phone retailer Carphone Warehouse reiterated its outlook on Wednesday after posting a better-than-expected start to the year with first quarter organic sales up 10.6 percent. The group, which agreed in April to take back full c

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1 Jul 2013 15:17

Best Buy shares rise after Credit Suisse cheers turnaround efforts

* Stock hits highest level in two years * Credit Suisse resumes coverage, gives "outperform" rating * CS raises Best Buy price target to $40 from $32 By Dhanya Skariachan NEW YORK, July 1 (Reuters) - Best Buy Co shares rose to their highest level in two years on Monday aft

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27 Jun 2013 07:36

Thursday broker round-up UPDATE

Antofagasta: Investec cuts target price from 892p to 691p downgrading from reduce to sell. Black Mountain Resources: Westhouse Securities shifts target price from 23p to 17p, while its buy recommendation remains unaltered. Bunzl: Numis upgrades to buy with a target price of 1505p. Capita: Jefferi

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26 Jun 2013 10:16

UPDATE 1-Carphone founder to play bigger role in new structure

* Promotes Andrew Harrison to CEO * Current CEO Roger Taylor to be deputy chairman * FY headline EPS 12.3 pence vs guidance 11.5-13 pence * Forecasts 2013-14 EPS of 17-20 pence * Shares rise up to 3.7 percent By James Davey LONDON, June 26 (Reuters) - Carphone

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26 Jun 2013 07:02

Carphone says Andrew Harrison to be CEO from July

LONDON, June 26 (Reuters) - Carphone Warehouse, Europe's biggest independent mobile phone retailer, said Andrew Harrison would be promoted to chief executive next month as the firm met guidance for year earnings. The group, which in April agreed to buy back Best Buy's stake in its European

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21 May 2013 16:25

UPDATE 2-Best Buy sees investments squeezing near-term profits

* Shares drop 4 percent * May need to make further cost cuts By Dhanya Skariachan May 21 (Reuters) - Best Buy Co Inc reported lackluster sales in the first quarter and warned that efforts to entice shoppers could squeeze profits in the near term. The news overshadowed its

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21 May 2013 13:17

CORRECTED (OFFICIAL)-UPDATE 1-Best Buy sees investments squeezing near-term profits

(Corrects penultimate paragraph to say that sales are not comparable to available estimate) By Dhanya Skariachan May 21 (Reuters) - Best Buy Co Inc reported weak quarterly sales on Tuesday and warned that a slew of investments to entice shoppers could squeeze profits in the near term.

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3 May 2013 16:21

UPDATE 1-BlackBerry Q10 sells strongly in Canada, Britain -analyst

* Jefferies says its checks indicate strong Q10 sales * New BlackBerry devices win Pentagon clearance * BlackBerry shares rise on NYSE, TSX (Adds details on Pentagon clearance, background) By Euan Rocha TORONTO, May 3 (Reuters) - BlackBerry's new Q10 smartphone, which c

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3 May 2013 13:28

BlackBerry Q10 sells strongly in Canada and Britain -analyst

TORONTO, May 3 (Reuters) - BlackBerry's new Q10 smartphone, which comes with the physical keyboard that many BlackBerry fans prize, is selling well in both Canada and Britain, an industry analyst said on Friday. The company this week introduced the Q10, the second smartphone to run the new

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1 May 2013 15:59

Carphone Warehouse heads partake in placing to fund acquisition

The Chairman, Chief Executive, and Chief Financial Officer (CFO) of mobile phones retailer Carphone Warehouse have all purchased shares as part of a placing, the proceeds of which are being used in part to fund the proposed acquisition of the remaining 50 per cent stake in CPW Europe. Sir Charles

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30 Apr 2013 14:37

Carphone Warehouse to buy Best Buy's stake in CPW Europe

Carphone Warehouse's shares advanced Tuesday after announcing a proposal to buy out Best Buy in joint venture CPW Europe. The company has conditionally agreed to become the sole owner of CPW Europe by purchasing Best Buy's 50% stake for a net consideration of £471m. Chief Executive, Roger Taylor,

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