Morrisons is not the basket case it once was
Previews of results statements from supermarket chain, Morrisons; insurer behemoth, the Pru, and infrastructure contractor, Balfour Beatty
Company
J Sainsbury PLC
LON:SBRY
J Sainsbury PLC is a United Kingdom-based company principally engaged in grocery and related retailing, and financial services.
782 stories · page 25 of 40
Tesco gains as Barclays reinstates 'overweight' rating after Booker takeover
Tesco's shares were also lifted by the latest industry data, which showed it was one of the best performing supermarkets over the last three months
FTSE 100 closes 30 points ahead as Dow Jones turns negative
The UK premier index added 0.43% on the day, while FTSE 250 added over 123 points at 19,690.
Tesco, Morrisons and Sainsbury's to benefit from easing inflation, says Jefferies
Jefferies upgraded Tesco and Morrisons to a 'buy' rating but left Sainsbury's at 'hold'
Archive
FTSE 100 closes higher as US benchmarks stage turnaround
FTSE 100 closed around 46 points higher at 7,115. Little brother FTSE 250 also gained ground - up over 180 points at 19,567.
UK retail shares drop after Toys R Us UK and Maplin enter administration
Toys R US and Maplin have struggled to cope with weakening consumer confidence and rising online competition from the likes of Amazon
Archive
Could price-to-sales be the key to identifying blue-chips on the recovery trail?
Since the "bombed out" virtual portfolio bit the dust, we've lacked a stock filter that identifies recovery stocks; once again drawing on the simple ideas of Michael O'Higgins ("Dogs of the Dow"), John Harrington takes a look at the price-t
Asda reports sales growth for third quarter in a row on strong Christmas trading
The supermarket chain reported a 0.5% increase in like-for-like sales in the fourth quarter
Tesco loses market share as Lidl and Aldi outperform again
Like Tesco, big four rivals Asda and Morrison both experienced sales growth of 2.2%, though lost market share for the 12 weeks to 28 January 2018
Sainsbury's takes control of customer data with £60m purchase of Nectar loyalty card business
The FTSE 100-listed food retailer - which has been part of the Nectar scheme since it launched in 2002 - said it has acquired all the assets, staff, systems and licences required for the independent operation of the loyalty programme in Bri
Morrisons to slash 1,500 management roles and focus on customer service
The move comes after similar action taken by rivals Tesco and Sainsbury
Sainsbury's to cut thousands of jobs as supermarkets tackle industry-wide challenges
The announcement comes a day after Tesco said it would cut 800 jobs
Tesco to cut 800 jobs as it streamlines operations amid tough competition
Tesco said it hopes to improve efficiency with the job cuts, which will affect 1,700 employees
Investments and investor services
FTSE 100 closes in red amid low volatility
The FTSE 100 closed around 15 points lower - at 7,715
Food inflation helps UK grocers to deliver record Christmas sales but caution remains over general merchandise
Top spot in the Proactive grocer awards goes to Morrisons, while there was only real candidate for the wooden spoon – M&S
Tesco slides despite strong food sales driving it to record Christmas
Like Sainsbury’s on Wednesday, Tesco has told investors it enjoyed a record festive season with UK sales rising 2% in the month leading up to Christmas day
Sainsbury’s lifts full-year profit guidance after record Christmas sales
The supermarket giant said it expects full-year underlying profits to be “moderately ahead” of expectations as strong sales of its higher margin Taste the Difference products helped it to a record Christmas
Investments and investor services
FTSE 100 closes at new high as banks bolster the premier index
The UK blue chip index rose to a new record high on Wednesday
Eat my shorts: Morrisons gives short sellers a lesson after strong Christmas trading news
According to the website www.shorttracker.co.uk, Morrisons is the seventh-most shorted stock in the UK – meaning traders are betting that the share price is primed to fall - with some 11.5% of its shares on loan, according to publicly decla
J Sainsbury expected to report sluggish like-for-like sales growth for final quarter of 2017
Deutsche Bank expects Sainsbury’s will report a 0.4% gain in LFL sales from the year before, having revised this forecast down from its previous prediction of a 1.3% increase