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Carpetright up against tighter comparatives
Among the big names reporting: Britvic, Carpetright, Ocado and SSE
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 23 of 26
Archive
Week Ahead: Shell expected to announce unchanged dividend for 2017
Big names reporting this week: SSE, TalkTalk, AstraZeneca, Compass, Vedanta
FTSE 100 closes firmer, small-caps mark fresh record high, but retailers drop
FTSE 100 stocks closed firmer on Wednesday but a grim outlook for 2017 from Next plc left retailer shares in the bargain bucket
If it's January, it must be time for a supermarket price war
The grocery chains are all set to release trading statements covering the Christmas trading period, and Morrisons could be the surprise performer, Exane believes
Ocado's momentum slows in final quarter
The delivery group also said the average order size fell year-on-year by 2.9%.
Investments and investor services
FTSE 100 shares close higher after ECB returns to lower QE
FTSE 100 shares closed higher on Thursday, buoyed by news that the euro zone will curb its quantitative easing programme next April
Ocado slides as Morrisons announces new tie-up with Amazon
The announcement did not do much for the share price of Morrisons but opened a trap-door underneath Ocado
FTSE 100 drops; RBS hit by huge fine warning
FTSE 100 stocks dropped on Wednesday, dragged lower by housebuilders and building materials firms, as investors absorbed a poor trading statement from Barratt Developments. But RBS may have more bad news in the morning
What to buy if you’re selling Ocado. The answer might surprise you
While there are still some ‘buyers’ out there, the majority (eight out of 12 analysts polled by the Broker Forecasts site) have either ‘sell’ or ‘neutral’ recommendations on the online shopping specialist.
Gem Diamonds loses its shine, says Barclays Capital
African diamond miner's spending rises and smaller stone production reduce its appeal, says broker
Investments and investor services
FTSE100 ends unchanged in Fed vigil
UK stocks ended flat on Wednesday as jitters ahead of the Federal reserve’s rate decision set in
House broker Goldman Sachs chops price target for Ocado
The US banking giant cut its price target for the online retailer by more than 35%
Ocado gets another pasting over margin warning
Exane BNP Paribas downgrades online grocer after it warned of margin pressure from rivals
Risers and fallers: Premier African, Sepura and Frontier IP
Premier African rose sharply after the company told investors it has started work on a 20-hole diamond drill project at its Zulu lithium project in Zimbabwe
FTSE 100 closes firm as jobs, commodities buoy stocks
The FTSE 100, London’s blue-chip ticker, closed firm on Wednesday, buoyed by solid jobs data in the wake of Britain’s decision to leave the European Union and a surge by miners on rising commodity prices
Risers and fallers: Sportech, JD Sports and Corero Network Security
Sportech is selling off The Football Pools to a group of gambling industry investors for nearly £100mln
Shares in Ocado slump as competition bites
Online grocer hails higher sales but makes no mention of technology deals
UK stocks end lower on falling oil prices, sterling
London stocks end lower on Tuesday, pushed south by falling oil prices and a weaker sterling.
Investors to seek deal news from Ocado Group
Online grocery distributor to update the market on Tuesday
WM Morrison may bag Ocado distribution deal say reports
Supermarket WM Morrison Supermarkets PLC could announce as soon as Tuesday morning that it has reached a deal to take capacity at an Ocado warehouse in Erith, Kent, according to media reports on Monday