London pre-open: FTSE to open lower as Russian sanctions agreed
9th Sep 2014 07:44
The agreement of a new wave of sanctions against Russia is expected to push the FTSE into the red on Tuesday morning. City sources predict the FTSE 100 will open around 17 points lower than Monday's close of 6,834.77. In addition to the sanctions, which will not be implemented until it can be deter
Read moreFTSE 250 movers: Perform Group jumps on takeover bid news
1st Sep 2014 15:03
Shares in Perform Group surged on Monday after the company, which commercialises multimedia sports content across digital platforms, confirmed it had received a takeover bid from investment group Access Industries. Access Industries, which already owns 42.5% of Perform, made an offer of 260p per s
Read moreSector movers: BT and Dixons Carphone drag telecoms lower
8th Aug 2014 16:37
Telecoms stocks were among the worst performers in London on Friday with BT Group and newly-merged Dixons Carphone trading in the red. BT was 1.5% lower on reports that the company will have to wait until next month before a court will give its verdict on its long-running battle with BSkyB over who
Read moreInvestec tips Dixons Carphone on cost synergies and mobile potential
7th Aug 2014 12:26
Investec has issued a 'buy' recommendation on Dixons Carphone as the newly merged company should benefit from strong buying synergies and is well-positioned to capitalise on structural changes in mobile. After Carphone Warehouse and Dixons Retail completed their merger, Investec analyst Alistair Da
Read moreBroker tips: Rio Tinto, Hargreaves Lansdown, Henderson, Dixons Carphone
7th Aug 2014 12:25
Rio Tinto easily beat consensus estimates with its first-half results on Thursday, though Investec repeated its 'hold' recommendation for the stock on a valuation basis. It said that the stock appears "fully valued" on a price-to-earnings basis. Nevertheless, the broker said that shareholders could
Read moreDixons Carphone begins trading after completing merger
7th Aug 2014 08:54
Shares in newly merged Dixons Carphone moved higher as the former Dixons Retail and Carphone Warehouse began their first day of trading after their tie-up. The group also opened its first seven combined shops, as chief executive Sebastian James said the big day was "off to a flying start", although
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