Archive
Bank of England's 'Super Thursday' and slew of corporate earnings eyed as Chinese New Year begins
The week ahead includes updates from Thomas Cook, Superdry, Ryanair and Tate & Lyle, among others.
Company
Ocado Group PLC
LON:OCDO
Ocado was launched in partnership with Waitrose in January 2002, and delivers quality groceries across selected areas of England and Wales. Our business was conceived with one simple objective in mind: to offer busy people a true alternative to going to the supermarket every week. By doing this, we created a totally new shopping experience, built entirely around our customers’ needs. By fulfilling orders from a dedicated warehouse, we can show virtually live inventory on our webshop, enabling customers to choose from a range of groceries that are actually in stock. By using unique logistics software and satellite navigation systems in our vans, we strive to deliver the right goods at the right time.
509 stories · page 17 of 26
Ocado said to be considering replacing Waitrose with M&S as key grocery supplier
Ocado and M&S have held “secret talks” over the past few weeks about launching a food delivery service, the Mail of Sunday reported
Investments and investor services
FTSE 100 closes lower as trade worries dent global equities; Ocado top Footsie gainer
A deceptively dull start by the Footsie gradually turned into something a bit more dramatic
Investments and investor services
FTSE 100: The good, the BATS and the Ocado in 2018
For Ocado, it was a case of "eat my shorts" as short sellers got burnt while for BATS, not enough cigarettes got burnt as e-cigarettes rose in popularity
Archive
FTSE 100 closes lower as US sinks with Santa rally looking a vague memory
At the close, the FTSE 100 was down 71.93 points, or 1.1% at 6,773.24, just above the session low of 6,761.37 and well below the early high of 6,845.17.
Ocado shares gain as quarterly update gets analysts' nod of approval
“Although in many respects 2018 has been a transformative year for Ocado, the story has only just begun,” chief executive Tim Steiner said
Investments and investor services
FTSE 100 reverses into close to finish lower as ECB ends QE stimulus program
FTSE 100 closed the day down; Mid-cap cousin FTSE 250 was also off - down over 170 points
Archive
Can Sports Direct avoid the high street gloom when it updates the market on Thursday
Sports Direct and Ocado will be the next retailers in the spotlight as they both update the market.
Archive
All eyes on UK parliament as Brexit deal circus reaches final act
Aside from the crucial Brexit vote, the Week Ahead will also bring UK labour market data, an ECB council meetings and updates from TUI, WPP, Dixons Carphone, Superdry, Ocado and BAT
Kroger chooses Cincinnati hometown for the first high-tech warehouses it plans to build with Ocado
The US supermarket chain said it will spend US$55mln on the partners' first project - a 335,000-square-foot facility in Monroe, Ohio, a suburb north of Cincinnati
Ocado signs terms of deal struck with US supermarket chain Kroger
Ocado expects the earnings impact of the Kroger deal to be neutral in the fiscal year 2018
FTSE 100 closes in positive territory; Ocado top gainer
The UK blue-chip index closed up 9.53 points at 7,035, while the more UK company focused FTSE 250 added over 100 points
FTSE 100 closes off lows but shoulders drop as US stocks plunge with tech disappointments
At the close, the UK blue-chip index was down 64.54 points, or 0.9% at 6,939.56, albeit bouncing off the hefty session low of 6,851.59 having spent all day heavily in the red
Ocado upgraded back to ‘Equal Weight’ by Barclays as valuation becomes more “reasonable”
The UK investment bank downgraded the company in August after a share price surge led to the stock reaching a 5-year high of 1,146p in late July
FTSE 100 closes sharply lower as sterling gains and miners weigh
The UK blue - chip index finished down 99.8 points at 7,318, while FTSE 250 was also lower
Ocado remains a Marmite stock – you either love it or hate it – and short-sellers continue to be in play
Russ Mould, investment director at AJ Bell thinks the short-selling squeeze now looks to be over, with data suggesting only 1.4% of Ocado’s shares had been sold short, in early August, down from more than 21% in summer 2016
Ocado shares gain as third quarter revenue rises 11.5%
The FTSE 100 company highlights “strong initial growth” at its new Erith Customer Fulfilment Centre
FTSE 100 closes marginally lower as stocks look rudderless
The UK pound is off 0.14% against the US dollar, and flat against the Euro at the time of writing
Archive
Ocado update eyed for further contract win details after blockbuster Kroger deal
Aside the Ocado update, trading news will also arrive from vehicle hire form Northgate, and FTSE 250-listed Spire Healthcare
FTSE 100 closes lower after lacklustre day; trade fears weigh
FTSE 100 closed down nearly two points on the day at 7,302