Hints and tips:
...Leahy, who joined CD&R in 2011 and chairs its UK supermarket chain Wm Morrison, told the Financial Times: “We need to add to our team because there are lots more opportunities . . . and you don’t want to...
...That has made financing a leveraged buyout more difficult, especially as banks have struggled to sell on the debt backing another large UK private equity deal, the acquisition of supermarket group Wm Morrison...
...Analysts at private equity shop Clayton Dubilier and Rice have allowed their imagination to run wild in the aisles of UK supermarket Wm Morrison....
...Wm Morrison had already done the same, so it was not totally unexpected, but Tesco didn’t, so neither was it totally expected....
...Wm Morrison, J Sainsbury and Tesco all reported year-on-year rises in grocery sales, especially in the week before Christmas....
...Firm B had a short position of €50m. Firm C, a buyer, netted off with Firm A and Firm B, leaving it with €10m to buy at the fix. Firm B then advised Firm C to “go late”, when the rate will be lower....
...However, he has since returned to the high street with B&M....
...In contrast Wm Morrison reported an earnings decline for 2012. Tesco is expected to follow suit....
...Wm Morrison concentrates on “fresh food prepared by craft specialists” according to chief executive Dalton Philips....
...Shell B shares rose 0.5 per cent to £23.46 and Aim-listed Cove added 25.6 per cent to 194p. Vedanta Resources slipped back 5 per cent to £13.80....
...B&Q owner Kingfisher rose 1.6 per cent to 286¾p before full-year results next week....
...She moved on to become finance director of B&Q’s parent company Kingfisher in 2000, her first executive plc board appointment....
...Talk that expectations were being tempered ahead of Shell’s full-year results sent its B shares 2 per cent lower to £23.65. Shell declined to comment....
...Wm Morrison, which has bought Safeway since the investigation began, must pay £5.7m....
...Wm Morrison, the UK’s fourth biggest supermarket group, has taken its first step into the world of e-commerce....
...Kingfisher was up 2.3 per cent to 236½p as a story did the rounds that the B&Q owner might be a bid target for a US peer such as Home Depot or Lowe’s....
...Royal Dutch Shell led the wider market lower after its full-year earnings missed expectations, sending its B shares down 3.3 per cent to £21.77....
...Wm Morrison took on 2.8 per cent to 279p following upgrades from UBS and Bernstein Research, as well as a “buy” note from Matrix....
...Tesco , which was trading without rights to a 9¼p dividend, showed a 4 per cent loss at 430½p, while Wm Morrison was 0.8 per cent weaker at 292½p....
...Shell’s B shares added 1 per cent to £18.53. Cairn closed at a record high, up 2.3 per cent to 370¼p, while Afren climbed 4 per cent to 103½p....
...The WM Covered Bond Program that JP Morgan took on after Washington Mutual collapsed in September is rated AAA, on review for possible downgrade, by S&P but AA+ by Fitch....
...While garden centres will be awaiting eagerly the summer months to find out how much of Woolworths’ market share of garden furniture they can grab, B&M, the discount retailer, is hopeful about next Christmas...
...Mothercare, Kingfisher, which owns the B&Q DIY chain, and HMV have managed to outperform the market. At the other end of the spectrum, there have been some disasters....
...Next, Argos, Wm Morrison and Debenhams have repeated the message....
...Wm Morrison advanced 3.8 per cent to 304p after a push from the same broker....
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