Company
LON:SBRY
J Sainsbury PLC is a United Kingdom-based company principally engaged in grocery and related retailing, and financial services.
790 stories · page 7 of 8
FTSE 100 shares did it again on Thursday – the 11th successive record high close – as turbulence in sterling finally gave in to a further steady decline and helped push stocks higher. All except retailers, that is
The ‘Big Four’ supermarkets look to be slowly reviving after a tortuous few years, helped by the return of food price inflation, but growth of Lidl and Aldi continues.
Some of the main news-driven share price changes at 3.15pm
Britain's second biggest supermarket posted like-for-like sales growth of 0.1%, excluding fuel, while high street chain Argos saw its like-for-like sales increase by 4.0%.
FTSE 100 shares appear positively related to the Nasdaq as the London ticker again hits a fresh record high on Wednesday - its tenth successive
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Sainsbury has continued to be a laggard in the supermarket sector, with the latest till roll data from Kantar Worldpanel released today showing its sales declining by 0.1%.
Research group Kantar Worldpanel said Tesco’s sales grew by 1.3% over the 12 weeks to January 1, outperforming Morrisons’ 1.2% growth, and falls by Sainsbury and Asda.
Morrisons said sales at stores open over a year, excluding fuel, rose by 2.9% in the nine weeks to January 1, smashing analysts’ average forecast for growth of 1.1 %.
The FTSE 100 index has closed at a record high for the ninth day in a row on Tuesday, the longest such stretch in history, as the bourse got a boost from a weaker home currency
In a review of the European food retail sector, the US bank’s analysts downgraded their rating for Morrisons to ‘underperform’ from ‘neutral’.
Given Next’s disappointing update this week, news from Marks and Spencer and Primark-owner Associated British Foods could send the most shivers through the sector.
FTSE 100 stocks closed firmer on Wednesday but a grim outlook for 2017 from Next plc left retailer shares in the bargain bucket
The grocery chains are all set to release trading statements covering the Christmas trading period, and Morrisons could be the surprise performer, Exane believes
Till-roll data analysis by research firm Kantar Worldpanel showed Tesco's sales rose 1.6% year-on-year in the 12 weeks to December 4, taking its UK market share up to 28.3%, up from 28.0% a year earlier.
Punters pushed shares in Aurum Mining 10% higher today as speculation on what the gold and tungsten explorer’s new management team might be planning to diversify in to was further stoked by a new board appointment
FTSE 100 shares sank on Friday as gold miners were out of love in the midst of the rising dollar which hit yellow metal prices
"Industry growth of +1.1% was higher than the +0.2% in Oct, but adjusted for comps, growth rate was flat," said Macquarie
FTSE 100 shares closed lower after a rally flirted with the 7,000 level but petered out as investors eyed a drop by Wall Street tickers following on-going digestion of what a Donald Trump presidency means for corporates - and opted to book
The plan is to have 30 Argos digital stores and 200 collection points in supermarkets by Christmas and 250 digital stores up and running in the next three years.
FTSE 100 shares closed higher on Wednesday in a snap back from initial losses on news of Donald Trump's US presidential election victory
So … who’s already pencilled into the schedule for Wednesday?
The investment arm of Deutsche Bank restated its ‘buy’ target and 280p a share price target.
Sterling-sensitive FTSE 100 shares fell on Thursday after the government lost a court case on how to trigger the process for leaving the European Union and the Bank of England shifted away from cutting interest rates further
Themes of interest are how the turnaround is going and what is the impact of the weaker pound
In a note to clients, the American bank said that while valuations are inflating, input cost pressures are also “escalating”.
Investments and investor services
IGas was on a charge after a milestone decision for the UK shale gas industry
The top-share index spurned another chance to hit an all-time high.
According to one City heavyweight, the answer is a resounding yes.
Investments and investor services
FTSE 100 shares had a good start to the fourth quarter, helped by good manufacturing data and hopes that the pound's sharp fall on Monday will help exporters
Meaningful analysis of Sainsbury's trading update was at a premium - much like the grocer's prices after it binned multibuy offers.
Supermarket chain's sales fall 1.1% in the 16 weeks to September 24.
FTSE 100 stocks ended higher on Wednesday after a see-saw session, after recovering from a bout of downside this week on the fate of Germany’s biggest lender Deutsche Bank when commodity-related shares advanced
Investors keen to know how sales have fared amid changes
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An early look at some City analyst views on Monday morning
The broker Credit Suisse this morning provided an in-depth look at the grocers and gave its take on just which of the biggies will prosper in the current environment.
A look at this week' corporate offerings, which include Sainsbury's
Builders and building materials
London’s blue-chip stocks rose and ended just shy of their highest point of Thursday, up 0.9% at 6,730 after gains by supermarkets as well building firms after the government’s nod to construction of nuclear power station Hinkley Point C
The retail billionaire’s new £100mln yacht was renamed ‘BHS Destroyer’ by a TV comedian, and Christmas has come early for some UK supermarkets
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
South African retailer may have to increase £600mln offer for Poundland amid pressure from Elliott
Reports have suggested the EU referendum result is likely to depress house prices
UK shares finished lower as big cap miners fell down a hole, US stocks started weaker and there were further concerns about a slow down in China
London investors were in subdued mood on the back of more disappointing data out of China.
The online giant is coming after UK supermarkets as it launches a full online grocery service called AmazonFresh
Catalogue retailer increases money set aside for overcharging late-paying store card customers
Amazon has plans to roll out its Fresh service throughout the UK
The FTSE 100 Index fell 46.39 points to 6255 in early trading
The FTSE 100 Index rose 6.7 points to 6291 in early afternoon trading
Investments and investor services
The Footsie took a small step back as Sainsbury's announced a first quarter sales fall
Supermarket chain's first quarter like-for-like sales fell 0.8% excluding fuel and by 1% including fuel
Supermarket group predicted to report a sales fall
The bank says the stock appears affected by downward momentum as underlying sales are falling at a crucial time.
The FTSE 100 Index closed 24.02 points up at 6209.63
Tesco racked up the smallest fall in sales among the UK’s “big four” chains in the last three months
The FTSE 100 Index kept most of its early gains, standing 33.8 points ahead at 6253 by lunchtime
Results from Sainsbury disappointed while BHP Billiton tumbles after it emerged penalties associated with the Samarco dam disaster could be heavier than anticipated.
Major share price risers and fallers in London at 4pm
“Ongoing pricing pressures and food price deflation have impacted our sales and operating margins.
Sainsbury's reports a 14% fall in profits, while Next suffers too, Forbidden Technologies shares go higher
Sainsbury's is the next of the 'Big Four' supermarkets to reveal its financial results.
As if the UK retail sector hadn't had enough coverage last week, it's now the turn of Sainsbury's....
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Investors are reluctant to factor in the boost to earnings of the Argos acquisition for UK supermarket giant Sainsbury, reckons heavyweight broker Deutsche, which has upgraded the grocer.
The City's message appeared to be "nice work so far, but more to do"
Life sciences company boosted gross product revenue by 154% to $7.1mln
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After the bell, J. Sainsbury confirmed it would be pulling the trigger on its bid for Argos-owner Home Retail group.
The LSE/Deutsche Boerse merger reared its head once again as the deadline approaches.
There is a good chance Kalibrate's petrol station forecourt software will be put through its paces on Wednesday evening after the chancellor of the exchequer's budget speech.
Chancellor of the Exchequer George Osborne gives his budget speech on Wednesday
"We expect that group benchmark profit before tax for the financial year ended 27 February will be in line with the current consensus of market expectations of £93mln,” said John Walden, chief executive.
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Footsie was buoyed by a good start to the week;s trading on Wall Street
FTSE 100 climbed 76 points to 6,026 despite a tough day for the pound
The blue chip index was 70 points higher at 6,022, as campaigning started in earnest for the referendum in four months time.
Investments and investor services
Eden Research raises a glass to the Spanish authorities for green-lighting its wine grape protection product.
Tesco has its best sales since September last year, but they still fell 1.6% in the 12 weeks to January 31
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FTSE100 closed 50 points down as traders were put off equities....
Fund manager says it now backs supermarket's £1.3bn bid for catalogue retailer
London’s blue chips recorded a triple–digit drop as BP unveiled a huge loss
Two resource majors plunge as worries rise that their juicy dividends may be unsustainable.
FTSE 100 shed 76 points to 5,984 with losses overnight in Asia adding to the nervy mood.
Home Retail shareholders to get 0.321 new Sainsbury shares plus 55p in cash for each Home Retail share
Investments and investor services
Gulf Keystone is owed a pile of money by the Kurdistan Regional Government and soon it might start receiving some of it.
Home Retail apparently wants 170p a share. The market says jog on, mate - more like 135p
Investments and investor services
The FTSE 100 Index ended the session 97 points higher at 5,876..
It's not often the Bank of England and pop music get mentioned in the same breath, but the idea of putting Bowie on bank notes - all of them, perhaps - has some merit.
Group said it was in advanced talks to sell Homebase for £340mln
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After briefly venturing back above 6,000, the Footsie saw its gains trimmed as US markets turned lower.
Home Retail is back in play as Sainsbury's releases a slide show presentation of its pitch to buy the Argos and Homebase owner.
Supermarket chain said like-for-like third quarter retail sales fell 0.4% excluding fuel
Tuesday's data from Kantar Worldpanel suggests Sainsbury's had a good Christmas
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Unusually, the majority of the big gains today were to be found among the FTSE 350 - especially the FTSE 100
FTSE100 was buoyed by retail stocks at lunch and investor sentiment seemed to be improving as the index climbed 1.6% higher.
Sainsbury's was the only one of the Big Four supermarkets to grow share over Christmas while Tesco exceeded expectations
US-owned chain slashes prices to keep up with discounters
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The FTSE100 ended the day around 130 points lower at 5,944, tumbling below 6,000.
Footsie fell to 5916, about 100 points away from lows not seen since last August
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Royal Mail, BAE Systems, Sainsbury / Home Retail, Kingfisher, Next, HSBC and Direct Line were all in the broker spotlight on Wednesday.
Analysts continued to mull the possible ups and downs of a deal