BNET Industries

Last Fiscal Year Sales:$4.0B
- Public
- UK
Dow Jones Description
Telephone Directories & Information
Number of Employees 14,642
Peer Companies
NAICS Code Book Publishers: 511130
Recent Events
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BRIEF-Yell to raise 660 mln stg with share issue
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2nd UPDATE: Yell Shares +21%: 1Q Better Than Expected, Refinance
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Business big shot: Bob Wigley of Yell Group
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Yell Group names Bob Wigley as chairman
News & Analysis
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yell group plc. - All News and Analysis
Yell Refinances With Share Issue
By Georgina ProdhanLONDON (Reuters UK) - Struggling yellow-pages publisher Yell Group YELL set out the last stage of a protracted refinancing on Tuesday with a larger-than-expected fully underwritten share issue.Taking advantage of renewed market appetite for equity, Yell said it would sell 659 million pounds worth of stock, raising a...
Yell plans £500m equity offering
Shares in Yell Group fell sharply on Wednesday after the company behind the Yellow Pages directories said it planned an equity offering in a bid to raise at least £500m ? close to its current market value ? to pay down debt.The group, which is struggling under a £3.8bn...
Yell seeks to quell fears over banking covenants
Yell Group, the company which publishes Yellow Pages directories, tried to calm investors' concerns yesterday by dismissing fears that it could breach banking covenants, and unveiling a 6.2 per cent increase in third-quarter revenues despite "increasingly difficult economic times". The company, whose shares have plunged by 84 per...
Yell shares plunge again after it reveals plan to halve its dividend
Yell Group saw more than a quarter wiped off its value yesterday after the market was spooked by its plans to halve its dividend to help insure against worsening economic conditions. Although the debt-laden Yellow Pages publisher's revenue rose by 6.9 per cent to 2.22bn and adjusted profits...
STOCKS FOCUS: YELL GROUP
YELL Group, the directories business which leaves the FTSE 100 next week, saw shares dip by almost 20p. The company will fall out of the FTSE 100 on Wednesday due to a drop in its market capitalisation. Shares have fallen from a 52-week high of 622p early last year amid...
London
WORLD MARKETS Blue chips ended 1.1 per cent higher as miners and oil companies provided a boost, but broker downgrades hit several stocks, most notably Yell Group. The FTSE 100 ended up 59.9 at 5,784.0 in choppy trade, after earlier falling as low as 5,703.1. Miners domin-ated gainers:...
Apptus Technologies AB: UK's Local Search Engine YELL.COM Chooses Apptus' Technology for Future Development
STOCKHOLM, Sweden -- Yell.com, the UK's local search engine, has selected Apptus Technologies to develop tailored software to further broaden its search capability and support future site development. Search specialist Apptus Technologies was chosen on the basis of its track record and expertise in developing crawling, searching and text analytical...
Threat of bid derailment takes toll on Umbro
MARKET REPORT Umbro's fortunes are closely linked to the England football team. Talk emerged yesterday that its takeover by Nike could emulate the national team's recent qualifying campaign for the European Championships, and potentially hit the rocks. Unconfirmed rumours swept the market that shareholder Sports Direct...
Yell rallies on talk of Google takeover approach
After last month's stinging profit warning from the listings publisher Yell Group, few investors would expect a takeover approach. But that is exactly what traders were talking about yesterday, and the word is that the internet giant Google is favourite to buy the company. More than 45...
Yell creates 250 jobs with directories expansion
Yell Group has beefed up its presence in the competitive directory enquiries market after investing in a new call centre in Wales to handle the higher numbers of calls to its 118 247 service. The new centre, to be located in Newport, is expected to create more than...
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