Terry Duddy is sticking to his guns. The Home Retail Group chief executive is under a growing amount of City pressure as sales at the Argos business crater and the share price tumbles... more
"Guess the suitor" seems to be the top game among traders this week. Yesterday, Regus rocketed on speculation of interest from an unknown party, and today it was the turn of Logica.... more
The gap between the performance of Argos, seller of consumer electronics to the masses, and Homebase, DIY store for the mortgaged middle classes, is widening... more
Home Retail Group boss Terry Duddy comes out fighting, fending off City talk that falling profits will force him to cut the dividend and dismissing gossip that the company is takeover fodder... more
Further evidence of just how squeezed working families are arrives in the form of a profit downgrade from Home Retail Group, the Argos and Homebase shopping giant... more
Home Retail says sales fell less than analysts expected at Argos and Homebase in the run-up to Christmas, and forecasts profit in line with its predictions... more
Market round-up: It's a little chilly for donning your birthday suit but that has not stopped Travelzest — which owns Britain’s biggest naturist holiday group Peng Travel — from attracting attention... more
Traders dump shares in some of Britain’s most famed High Street names after a slew of updates from leading retailers fail to impress the market... more
Market Round-up: As Royal Bank of Scotland’s shares hit highs not seen since December 2008, one analyst warns that the strong run is unlikely to continue... more
Could suitors soon be circling for Home Retail Group? That was the question on traders’ lips today, with both private-equity firms and trade buyers mooted as potential bidders... more
Leading shares on the climb as growing confidence in the economy is being matched by the enthusiasm from brokers anxious to talk the stock market higher... more
The flow of good news from the High Street continued today, with upbeat numbers from the Home Retail Group and electricals firm Kesa, which owns Comet ... more
Shares in Home Retail Group were plunging toward new lows, off 16p at 188p, as the Argos and Homebase group admitted it would be doing a lot worse but for the demise of Woolworths and MFI... more
Retail: Britain's biggest electrical retailer DSG International sank deeper into the mire as shoppers cut back spending on big-ticket items and wait to buy computers and TVs
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There were fears for hundreds of jobs at Homebase after it emerged that cost-cutting at the struggling DIY chain will include widespread redundancies.... more
Afternoon:
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