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hmv Sees Profit Boost From Strong Games Demand
By Mike Elliott LONDON (Reuters UK) - HMV Group (HMV) said it was confident full-year profits would be towards the top end of market expectations, driven by strong demand for computer games. HMV, one year into a 3-year turnaround plan centred on "interactive" stores and more...
hmv Sees Profit Boost From Strong Games Demand
By Mike Elliott LONDON (Reuters) - British music and books retailer HMV Group Plc (HMV) said it was confident full-year profits would be towards the top end of market expectations, driven by strong demand for computer games. HMV, one year into a 3-year...
Additional Resources
Financial results announced by Waterstone's
M2 BEST BOOKS-(C)2000-2007 M2 COMMUNICATIONS LTD HMV Group plc has announced its interim results for bookseller Waterstone's for the 26 weeks ended 28 October 2006. Excluding the acquisition of the Ottakar's chain, which was completed on 3 July 2006, Waterstone's total sales fell by 4.5%. Like-for-like...
hmv Group names new group chief executive
M2 BEST BOOKS-(C)2000-2006 M2 COMMUNICATIONS LTD Book and music retailer HMV Group plc (LSE:HMV) reported on Tuesday (18 July) that Simon Fox had been appointed as group chief executive with effect from 28 September 2006. Fox has most recently been chief operating officer at Kesa Electricals...
hmv announces full-year financial results
M2 BEST BOOKS-(C)2000-2006 M2 COMMUNICATIONS LTD Book and music retailer HMV Group plc (LSE:HMV) has announced a 20.7% fall in pre-tax profit to GBP98.2m for the year to 29 April 2006. Sales in the same period declined by 5.7% on a like-for-like basis while total sales...
Ottakar's administrative locations to be closed by hmv
M2 BEST BOOKS-(C)2000-2006 M2 COMMUNICATIONS LTD HMV Group plc (LSE:HMV) announced on Thursday (6 July) that it plans to shut the three administrative centres of bookseller Ottakar's, which has just been acquired by the company. In addition the HMV Group revealed that it plans to close...
Bid for Ottakar's agreed by hmv
M2 BEST BOOKS-(C)2000-2006 M2 COMMUNICATIONS LTD HMV Group Plc (LSE:HMV) has announced that it is to acquire UK-based bookseller Ottakar's for GBP62.8m. The HMV Group currently owns the chain of HMV music stores and the Waterstone's bookshops. According to Reuters, HMV is to pay...
New indicative offer from hmv will not be recommended by Ottakar's
M2 BEST BOOKS-(C)2000-2006 M2 COMMUNICATIONS LTD UK-based bookseller Ottakar's has revealed that another offer has been made for the company by HMV Group Plc. The HMV Group currently owns the chain of HMV music stores and the Waterstone's bookshops. According to Reuters, Ottakar's said...
CC formally clears Waterstone'S/Ottakar's merger.
M2 PRESSWIRE-12 May 2006-UK Government: CC formally clears Waterstone'S/Ottakar's merger(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:12052006 The Competition Commission (CC) has formally cleared the anticipated acquisition of Ottakar's plc by HMV Group plc through Waterstone's Booksellers Ltd, after concluding in its final...
hmv issues trading update
M2 BEST BOOKS-(C)2000-2006 M2 COMMUNICATIONS LTD Retailer HMV Group Plc, the operator of the Waterstone's book chain, has revealed in a trading update that its pre-tax profit before exceptional costs will be in the centre of a range of GBP93 to GBP103m. For the year to...
CC provisionally clears Waterstone's/Ottakar's merger.
M2 PRESSWIRE-30 March 2006-UK Government: CC provisionally clears Waterstone's/Ottakar's merger(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:30032006 The Competition Commission (CC) has provisionally cleared the anticipated acquisition of Ottakar's plc by HMV Group plc through Waterstone's Booksellers Ltd, after concluding that the merger...
Brandes purchases further shares in hmv
M2 BEST BOOKS-(C)2000-2006 M2 COMMUNICATIONS LTD Brandes Investment Partners LP has revealed that it has purchased another 472,900 shares in UK-based retailer HMV Group Plc. The HMV Group currently owns the chain of HMV music stores and the Waterstone's bookshops. The purchase raises Brandes'...
Anticipated acquisition of Ottakar's plc by hmv Group plc through Waterstone's plc -- Competition Commission invites evidence.
M2 PRESSWIRE-7 December 2005-UK Government: Anticipated acquisition of Ottakar's plc by HMV Group plc through Waterstone's plc -- Competition Commission invites evidence(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:07122005 The Office of Fair Trading (OFT) has referred the anticipated acquisition of Ottakar's plc...
OFT refers acquisition by hmv Group PLC through Waterstone's PLC of Ottakar's PLC.
M2 PRESSWIRE-6 December 2005-UK Government: OFT refers acquisition by HMV Group PLC through Waterstone's PLC of Ottakar's PLC(C)1994-2005 M2 COMMUNICATIONS LTD RDATE:06122005 The OFT today referred the anticipated acquisition by HMV Group plc through Waterstone's plc of Ottakar's plc to the...
Ottakar's takeover offer extended for the third time by hmv
M2 BEST BOOKS-(C)2000-2005 M2 COMMUNICATIONS LTD UK-based retail group HMV Group Plc (LSE:HMV), which owns the chain of HMV music stores and the Waterstone's bookshops, has revealed that it has extended the offer period for its proposed takeover of bookseller Ottakar's by one week. According to...
hmv has ownership or acceptances for 63.95% of Ottakar's
M2 BEST BOOKS-(C)2000-2005 M2 COMMUNICATIONS LTD Valid acceptances have reportedly been received by UK-based retailer HMV Group Plc for 53.95% of the shares in Ottakar's Plc, a UK bookseller. HMV, the owner of the Waterstone's book chain, offered GBP4.40 per share or a total of some...
Decline in like-for-like sales reported by hmv Group
M2 BEST BOOKS-(C)2000-2005 M2 COMMUNICATIONS LTD UK-based retail group HMV Group Plc (LSE:HMV), owner of the chain of HMV music stores and the Waterstone's bookshops, has announced its sales statistics for the first 21 weeks of its financial year commencing 1 May. The company reported a...
Clarification of hmv bid required by Ottakar's
M2 BEST BOOKS-(C)2000-2005 M2 COMMUNICATIONS LTD UK book chain Ottakar's Plc (LSE:OKR) has announced that its independent directors have requested clarification from UK-based retail group HMV Group Plc (LSE:HMV) regarding the terms and conditions of the offer it made for the bookseller on Thursday (8 September). ...
hmv submits bid for Ottakar's
M2 BEST BOOKS-(C)2000-2005 M2 COMMUNICATIONS LTD UK-based retail group HMV Group Plc (LSE:HMV), which owns the chain of HMV music stores and the Waterstone's bookshops, has made a bid to acquire UK book chain Ottakar's Plc (LSE:OKR). HMV has offered GBP4.40 per share or a total...
Amazon makes move North of the border. (News).(Brief Article)
Amazon.ca and HMV Canada have relaunched HMV.com as a co-branded, Canada-oriented Web site using Amazon's e-commerce technology. Launched last week, the co-branded site features CDs, videocassettes and DVDs available at Amazon.ca. Customers also have access to Amazon.ca's prices--including Free Super Saver Shipping...
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