FTSE falls after UK rates hold surprise
London stocks succumbed to selling pressure and ended Thursday lower, after investors were spooked by the Bank of England’s decision not to cut interest rates
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.
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Footsie pares gains as Bank of England holds interest rates
The FTSE 100 Index fell back to stand 9.8 points ahead at 6680.23 but Ocado chatter provided interest
London’s FTSE bounces back post-Brexit vote and ends above 6,000 level
London’s FTSE 100 index rose on Tuesday and ended above 6,000 points as some calm returned to the bourse after three days of frantic trading in the wake of Britain’s shock referendum decision to quit the European Union
FTSE 100 Index shrugs off Brexit jitters
The FTSE 100 Index lifted 160 points to 6142 while BBA Aviation flew higher
Risers & Fallers: Prudential, Next, Shawbrook ...
Major share price risers and fallers in London at 12.30pm
FTSE 100 regains ground as Brexit fallout continues
Yesterday, FTSE closed beneath the 6,000 level but is now up 115, or 2% at 6,097.
Ocado boosts profits despite tough market
Online grocery distributor boosted first-half pre-tax profits to £8.5mln from £7.2mln a year ago
Investments and investor services
PREVIEW: Can Ocado deliver reassurance as it releases interims?
Numis says it is retaining a positive stance on Ocado ahead of Tuesday’s interim results.
Risers & Fallers: Ascent Resources, Onzima Ventures, Aveva Group, ReNeuron Group, Egdon Resources, Plutus Powergen
The merger between Aveva Group and Schneider could be back on
Amazon logs onto UK grocery market
Amazon has plans to roll out its Fresh service throughout the UK
Investments and investor services
Risers & fallers: Circle Oil PLC, GCM Resources PLC, GW Pharmaceuticals PLC, Northern Petroleum ...
West African-focused miner Stellar Diamonds raised £600,000 before expenses through an equity issue
Morrisons unveils lower sales but moves into the black
Supermarket group made a pre-tax profit of £217mln against a loss of £792mln a year ago
Thursday's agenda: Investors seek calmer waters at Amec Foster Wheeler
Amec said in November that it expected second half margins to be below those in the first half
Risers & fallers: Tribal, Servelec, Atlas Development, Fresnillo..
Major share price risers and fallers in London at 4.30pm
FTSE 100 closes Monday’s trading flat
The blue-chip benchmark ended February a solitary point higher than Friday’s closing price.
London market moves lower but investors shop at Morrisons
The FTSE 100 Index dropped due to China’s slowdown, Brexit fears and commodity uncertainty
Morrisons to supply Amazon and extend deal with Ocado
British supermarket group to supply Amazon with fresh, frozen and ambient products
Archive
Footsie closes lower after US jobs report
FTSE100 closed 50 points down as traders were put off equities....
Tuesday's agenda: BP expected to cut capex
Investors will be looking for the oil giant to reduce capital expenditure to protect the dividend.
Week Ahead: Big oil and big pharma to the fore
Big oil and big pharma will wrestle for the limelight. On the economic front, the big events are the Bank of England's interest rate decision and US non-farm payrolls.