UK MARKET TALK ROUNDUP: BROKERS COMMENTS

25th Jun 2010 08:20

Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0720 GMT [Dow Jones] Morgan Stanley downgrades Halfords (HFD.LN) and Kingfisher (KGF.LN) to equalweight from overweight; it k

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London afternoon: Market takes tax hikes on chin

22nd Jun 2010 14:17

Footsie is still in the red after chancellor George Osborne's first Budget, which contained a huge raft of tax and benefit changes, most of which will raise revenue for the government. VAT is going up from 17.5% to 20%, capital gains tax is rising to a flat rate of 28% while the banks and building

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Home Retail Group Buys Back 0.6M Shares

18th Jun 2010 17:08

LONDON (Dow Jones)--Home Retail Group PLC (HOME.LN) said Friday it purchased 600,000 Ordinary shares of 10 pence each. MAIN FACTS: -Highest price paid per share: 236.50 pence -Lowest price paid per share: 231.70 pence -Shares closed Friday at 236.0 pence. -By Iain Packham, Dow

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Home Retail Buys Back 650,000 Shares

17th Jun 2010 18:03

LONDON (Dow Jones)--Home Retail Group PLC (HOME.LN) said Thursday it purchased 650,000 Ordinary shares of 10 pence each. MAIN FACTS: -Highest price paid per share: 232.90 pence -Lowest price paid per share: 230.50 pence -Shares closed Thursday at 232.4 pence. -By Iain Packham,

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Home Retail Buys Back 0.9M Shares

16th Jun 2010 17:12

LONDON (Dow Jones)--Home Retail Group PLC (HOME.LN) said Wednesday it purchased 850,000 Ordinary shares of 10 pence each. MAIN FACTS: -Highest price paid per share: 232.20 pence -Lowest price paid per share: 230.10 pence -The purchase, including stamp duty and other transaction cos

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UK MARKET TALK ROUNDUP: BROKERS COMMENTS

16th Jun 2010 09:03

Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0803 GMT [Dow Jones] Singer Capital Markets downgrades Home Retail Group (HOME.LN) to fair value from buy, and reduces its ta

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MARKET TALK: Singer Capital Cuts Home Retail To Fair Value

16th Jun 2010 09:03

0803 GMT [Dow Jones] Singer Capital Markets downgrades Home Retail Group (HOME.LN) to fair value from buy, and reduces its target price to 215p from 342p. Says the 1Q sales performance at the group's Argos business has been disappointing, however trading at the Homebase business has been robust and

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UK MARKET TALK ROUNDUP: BROKERS COMMENTS

16th Jun 2010 07:53

Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0653 GMT [Dow Jones] Shore Capital cuts its pretax profit forecast on Home Retail (HOME.LN) by 8% to GBP292 million and assum

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MARKET TALK: Shore Cuts Home Retail '11 Profit Forecast

16th Jun 2010 07:53

0653 GMT [Dow Jones] Shore Capital cuts its pretax profit forecast on Home Retail (HOME.LN) by 8% to GBP292 million and assumes a weaker sales environment for its two businesses, Argos and Homebase. "Argos has had a difficult start to the year, impacted by weakness in two significant product categor

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UK MARKET TALK ROUNDUP: BROKERS COMMENTS

16th Jun 2010 07:31

Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0631 GMT [Dow Jones] HSBC downgrades Home Retail Group (HOME.LN) to underweight from neutral, and cuts its target price to 22

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MARKET TALK: HSBC Downgrades Home Retail To Underweight

16th Jun 2010 07:31

0631 GMT [Dow Jones] HSBC downgrades Home Retail Group (HOME.LN) to underweight from neutral, and cuts its target price to 226p from 285p following the company's 1Q update. Says trading at Argos was worse than expected. Expects increased price pressure in key categories to weigh on sales and potenti

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Home Retail Group Buys Back 800,000 Shares At 230.27P

15th Jun 2010 17:09

LONDON (Dow Jones)--Home Retail Group PLC (HOME.LN) said Tuesday it has purchased 800,000 of its ordinary shares for an average price of 230.27 pence per share and GBP1.84 million in total. MAIN FACTS: -This has been funded from Group cash resources. -The purchased shares will be cancell

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UK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-

15th Jun 2010 07:31

0521 GMT [Dow Jones] HK morning's short-selling volume edged up 0.8% at HK$953.83 million; percentage of market total below 5% for second day in a row, at 4.3% at HK$4.6% at Monday's half-day, suggesting bears deterred by HSI's 6-day winning streak. Tencent (0700.HK) leads with HK$137.89 million, fo

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MARKET TALK: Deutsche Bank Downgrades Home Retail To Hold

15th Jun 2010 07:31

0631 GMT [Dow Jones] Deutsche Bank downgrades Home Retail (HOME.LN) to hold from buy and cuts target price to 250p from 350p. This follows the company's disappointing 1Q trading update. It notes sales were below the brokerage's expectations, with the performance at Argos particularly disappointing.

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UK MARKET TALK ROUNDUP: BROKERS COMMENTS

15th Jun 2010 07:31

Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0631 GMT [Dow Jones] Deutsche Bank downgrades Home Retail (HOME.LN) to hold from buy and cuts target price to 250p from 350p.

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