Tuesday 30 December 2014

The top FTSE 100 performer in 2014 is...

Dixons Carphone!

According to Thomson Reuters, the electrical goods retailer has risen by about 70pc this year and is on course to finish 2014 as the top performing FTSE 100 stock.

I am rather pleased about Dixons Carphone topping the 2014 leaderboard as it was little old Betaville that broke the story back in February about Carphone Warehouse holding merger talks with Dixons Retail. In case you have forgotten, here is a link to that story:

http://betaville123.blogspot.co.uk/2014/02/carphone-warehouse-in-merger-talks-with.html

When I first broke the news about the merger talks, a lot of commentators, analysts and observers played down the merits of the deal, often likening the transaction to "two drunks propping each up at the bar". I bet they regret saying that now!

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