The City News: Enterprise Inns plc (ETI), Royal Bank of Scotland Group plc (RBS), Lloyds Banking Group PLC (LLOY) & More

Page 2 of 2

Dixons finds tablets are no remedy for struggling Pixmania (TheTimes)
Dixons Retail PLC (LON:DXNS) rejoiced in being “the last man standing” in Britain’s electrical goods market as it posted better annual profits than most in the City had expected. The owner of Currys said that it was winning about a third of the market share once commanded by Comet, its collapsed rival. The disappearance of Comet helped the chain to post yesterday what one analyst called a “stonking” performance in its final quarter.

Dixons Retail PLC Rises 7% On Positive Update (Fool)
Dixons Retail PLC (LON:DXNS) sees strong performance from its multi-channel business. Dixons Retail PLC (LON:DXNS) saw its shares shoot up this morning, putting on over 7% in early trade following a positive trading statement for the fourth quarter and full year. Europe’s leading specialist multi-channel electrical retailer and services company reported that pre-tax profit is expected to be at the top end of forecasts, around £75-£85m, with management commenting that “this strong year puts Dixons Retail PLC (LON:DXNS) in the best position it has been in for many years”.

Dixons Retail Given “Buy” Rating at Tradenext (DXNS) (MideastTime)
Dixons Retail PLC (LON:DXNS)‘s stock had its “buy” rating reaffirmed by research analysts at Tradenext in a report released on Thursday, AnalystRatingsNetwork reports. Shares of Dixons Retail PLC (LON:DXNS) traded up 9.56% during mid-day trading on Thursday, hitting GBX 40.00. Dixons Retail PLC (LON:DXNS) has a 52 week low of GBX 12.319 and a 52 week high of GBX 38.09. The stock’s 50-day moving average is currently GBX 19.

Sage Group Plc Rating Reiterated by WH Ireland (SGE) (Zolmax)
The Sage Group plc (LON:SGE)‘s stock had its “outperform” rating restated by equities researchers at WH Ireland in a report issued on Thursday, AnalystRatingsNetwork.com reports. Shares of The Sage Group plc (LON:SGE) traded up 1.16% during mid-day trading on Thursday, hitting GBX 356.30. The Sage Group plc (LON:SGE) has a one year low of GBX 245.30 and a one year high of GBX 357.00. The stock’s 50-day moving average is currently GBX 313.4. The company’s market cap is £4.305 billion.

Sage Group confirms Jonathan Howell as new non-executive director (NeBusiness)
SOFTWARE giant The Sage Group plc (LON:SGE) has confirmed that Jonathan Howell has joined the company as a non-executive director. Howell has been finance director at Close Brothers Group plc, having joined the group from the London Stock Exchange in 2008, and he yesterday joined the Gosforth-based firm as a non-executive director and new chairman of the audit committee. Howell’s appointment follows last week’s announcement that Paul Harrison, currently Group chief finance officer, will leave to become chief finance officer of WANdisco plc, with offices in California and Sheffield, on August 30 2013.

Page 2 of 2