25 Jun 2014 16:24
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Don't have an account? Click here to register.Sector movers: Retail recovers
Mon, 18th Jan 2010 13:13
The retail sector has recovered slightly from falls last week when the market gave a stream of updates a generally frosty reception.Today's gains come in spite of a fall in the value of online fashion retailer ASOS's share price.ASOS enjoyed a good Christmas with both sales and margins strong and growth both in the UK and abroad, though sales growth did slow from earlier in the year.Other retailers to report later this week include Carphone Warehouse and Kesa Electricals, the owner of Comet.BSkyB is among the stocks dragging the media sector lower. Reports say the satellite broadcaster will have to lower the prices it charges for films and sports when Ofcom rules this week.Top performing sectors so far todayElectricity 6,911.33 +2.31%Mining 23,033.76 +2.06%Automobiles & Parts 3,062.87 +2.02%General Retailers 1,665.63 +1.50%Personal Goods 10,653.29 +1.17%Bottom performing sectors so far todayTechnology Hardware & Equipment 373.07 -0.75%Aerospace and Defence 3,081.43 -0.44%Insurance (non-life) 1,314.02 -0.31%Media 3,394.38 -0.15%Forestry & Paper 3,919.70 -0.05%
More News
25 Jun 2014 16:18
Carphone Warehouse and Dixons receive EC approval for merger
The upcoming merger between Carphone Warehouse Group and Dixons Retail has received unconditional clearance from the European Commission (EC), it was announced on Wednesday afternoon. The two electronics retailers, which are both due to unveil their final results on Thursday, are planning to becom
Read more25 Jun 2014 15:21
25 Jun 2014 15:12
EU Commission approves UK's Carphone, Dixons merger
LONDON, June 25 (Reuters) - The European Commission has unconditionally approved the 3.8 billion pound ($6.4 billion) merger of Britain's Carphone Warehouse and Dixons Retail , Carphone Warehouse said on Wednesday. Carphone, Europe's biggest independent mobile phone retailer, and Dixons, Eu
Read more25 Jun 2014 14:30
Thursday preview: Dixons and Carphone Warehouse release finals
Thursday sees simultaneous final results from merging electronics retailers Carphone Warehouse and Dixons Retail, which are planning to become Dixons Carphone. Analysts are not expecting much eye-poppingly interesting, as the companies' management teams are playing these results in a low-key manner
Read more25 Jun 2014 05:09
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17 Jun 2014 13:16
UPDATE 1-EU regulators to okay $6.4 bln Dixons, Carphone merger - sources
(Adds European Commission decline comment) By Foo Yun Chee BRUSSELS, June 17 (Reuters) - Britain's Carphone Warehouse and Dixons Retail will secure unconditional European Union antitrust approval for their 3.8-billion-pound ($6.38 billion) merger, two people familiar with the matter
Read more17 Jun 2014 12:57
EU regulators to okay $6.4 bln Dixons, Carphone merger - sources
BRUSSELS, June 17 (Reuters) - EU antitrust regulators will clear the 3.8-billion-pound ($6.38 billion) merger of British mobile phone retailer Carphone Warehouse and electrical chain Dixons Retail without conditions, two people familiar with the matter said on Tuesday. Carphone, Europe's bi
Read more