News: Carpetright PLC (CATVU.L)

CATVU.L on London Stock Exchange

900.00GBp
5:11am EST
Price Change (% chg)

-5.00p (-0.55%)
Prev Close
905.00p
Open
911.50p
Day's High
924.00p
Day's Low
899.50p
Volume
14,563
Avg. Vol
110,934
52-wk High
970.00p
52-wk Low
311.00p

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Thu, Nov 19 2009

STOCKS NEWS EUROPE-Headlam gains after update

Shares in Headlam gain 1.8 percent after the European floor coverings distributor issues a trading update, which KBC Peel Hunt says shows small signs of improvement, with the broker hiking its target price to 275 pence from 250.

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PRESS DIGEST - British business - Oct 29

The Treasury is asking other law firms to tender for the role of the government's legal adviser on the banking crisis, threatening the position of the current occupier of the post, Slaughter and May. The law firm has been involved in the bailouts since the collapse of Northern Rock in 2007 and has generated 25 million pounds in fees. At this stage it is unknown which firms have tendered bids, but Slaughter and May is almost certain to keep some work, while its "magic circle" rivals, including A

PRESS DIGEST - Financial Times - Oct 29

A new joint venture between the London Stock Exchange and Turquoise could be finalised within as little as two weeks, pending discussions with the latter's backers. The pan-European share trading platform will be merged with the LSE's so-called "dark pool" block trading facility, Baikal, affording the LSE a 51 percent controlling stake and bolstering its position against such rivals as Chi-X Europe and BATS Europe. Ironically, Turquoise, which launched two years ago, had also been

STOCKS NEWS EUROPE-Carpetright higher after update

Shares in Carpetright gain 1.7 percent after the floor coverings retailer issues a trading update, which Altium Securities says is better than expected, with the broker upgrading its rating on the stock to "hold" from "sell".

Housing activity boosts Carpetright

LONDON (Reuters) - Carpetright , the country's biggest floor coverings retailer, grabbed market share from failing rivals and reported a boost from growing housing activity to post a second straight quarter of rising sales.

UPDATE 2-Carpetright sales up, profit to beat forecasts

* Shares down 1.1 pct (Adds detail, CEO, analyst comments, shares)

UK Stocks -- Factors to watch on Oct 28

LONDON, Oct 28 (Reuters) - Britain's FTSE 100 is seen opening 18-20 points lower on Wednesday tracking falls in Asia as worries about the pace of economic recovery were revived by weaker than expected U.S. consumer confidence data.

UPDATE 2-Topps Tiles says sales falling less quickly

* Expects full-year revenues of around 186 million pounds

Topps Tiles sales fall slowing

LONDON (Reuters) - Tile and wood flooring retailer Topps Tiles said sales declines had slowed in the second half and that its markets were stabilising, adding to hopes the recession may be nearing its end.

PRESS DIGEST - British business - Sept 11

British energy firm Desire Petroleum unveiled plans on Thursday to launch a large drilling programme on the Falkland Islands next year. Desire will drill up to eight offshore wells from February, having agreed a deal with rig and equipment supplier Diamond Offshore Drilling to drill at least four wells with options on a further four. The move will mark the first time in more than a decade that any oil-drilling has been time in more than a decade that any oil-drilling has been carried out on the

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