Good news for Dixons

At last...

High street retailer Dixons is set to rejoin the big boys in the FTSE 100 next week when the FTSE International meets to decide the latest quarterly changes to the stock market indexes. Dixons, which dropped out of the FTSE 100 in March, has done well recently as investors have flocked to the company. Most retail analysts are positive about Dixons' medium term prospects despite the recent accusations of price fixing levelled by Intel's boss, Craig Barrett. Analysts are saying that the continued growth of the personal computer market, along with the recent launch of digital television, means the technology cycle should remain at high levels despite the threat of a slowdown in the economy. Elsewhere, Sema Group PLC and Misys PLC, could drop down to the second-tier FTSE 250 index because of the sector's exposure to a general round of belt-tightening. Sema and Misys were the first IT companies to join the FTSE 100. ®

Sponsored: Designing and building an open ITOA architecture