Carphone Warehouse delighted the City today by regaining full control of its High Street business from US giant Best Buy, paying less than half of what it received for the stake in 2008.
Best Buy Co. Inc.
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Monday 17 November 2008
Carphone Warehouse, the telecoms and broadband provider, is mulling proposals to spin off of its home phone and internet business Talk Talk, in a bid to release some of the value of the group for shareholders.
Thursday 23 October 2008
Consumer electronics giant DSG today said it planned to cut capital expenditure by around £30m this year as part of efforts to deal with deteriorating consumer confidence across Europe.
Wednesday 03 September 2008
European electrical goods retailer DSG International Plc said it did not expect its markets to recover before 2010 as it posted a drop in first-quarter underlying sales and profit margins and pledged to cut more costs.
Wednesday 27 August 2008
HSBC unsettled DSG International and Kesa Electricals yesterday, pouring scorn on the notion of a possible bid from Best Buy.
Friday 01 August 2008
Carphone Warehouse has halved its predictions for the growth of its broadband business this year, blaming slowing consumer spending and the contracting housing market.
Monday 07 July 2008
The FTSE 100 was up 25 points at 5437.8 at 12.07pm today. The Royal Bank of Scotland was the worst off on the benchmark index, down 9.35p at 196.9p, after Cazenove downgraded the stock to “underperform” from “in-line”. The broker also reduced its earning per share estimates by 12 per cent for 2009 and 24 per cent for 2010, citing higher corporate impairment.
Sunday 06 July 2008
Here are the tips for success, and the tools of the trade, to get your patch of grass into tip-top condition
Friday 13 June 2008
Saturday 31 May 2008
DSG International, the company behind the PC World retail chain, was firm yesterday after market rumours mooted the possibility of a bid from Best Buy, the American retail giant that recently entered in to a joint venture with Carphone Warehouse.
Friday 16 May 2008
John Browett, the new chief executive of DSG International, is to slash the company's dividend, close underperforming stores and try to improve customer service as he attempts to transform the fortunes of the Currys and PC World-owner.
Sunday 11 May 2008
Saturday 10 May 2008
The persistent strength in the price of oil, which swung past $126 per barrel yesterday, bore down on British Airways, which fell 10.25p to 228.25p.
Friday 09 May 2008
Saturday 16 February 2008
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