Ocado shares stay strong, Physiomics soars, but Torotrak tumbles
Some of the biggest risers and fallers in London on Monday
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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Ocado surges on second international partnership, with Casino signing deal in France
The firm said the deal will have minimal impact to earnings in full year 2017, but expects the transaction to be earnings neutral with the costs of establishing the partnership, offsetting initial fees payable
Credit Suisse remains bullish on Ocado after recently attending European roadshow
Credit Suisse’s analysts pointed out that Ocado shares have fallen by more than 20% over the past 4 weeks, materially underperforming their food retailing peers
Sainsbury's the only 'buy' as Berenberg sizes up the winners and losers in the UK grocery sector
The German bank warned of: “Slow market growth, market share losses in the supermarket channel and intensifying competitive and cost pressures will continue to restrict growth and margin expansion for Tesco, Sainsbury and Morrison”
FTSE 100 closes higher, boosted by weak sterling and Ferguson
The pound's weakness is the source of the Footsie's late strength
Investments and investor services
FTSE 100 closes a tad lower as focus turns to Fed
Sterling's strength weighed on FTSE 100 stocks today
More about online than groceries: Ocado seen as a technology firm than a retailer
George Salmon, equity analyst at Hargreaves Lansdown said: “The technology kitting out its highly impressive order processing sites is whirring ever faster, and with demand continuing to grow, Ocado has once again chalked up double digit re
Swallowfield and Yü Group shares rise, while Metals Exploration languishes
Petro Matad was the morning's standout loser, with its shares losing more than 35%, meanwhile, in the blue-chip market the supermarkets were moving higher.
Ocado weak as rise in costs offsets news of strong growth in average orders per week
In a trading update, the FTSE 250-listed firm said its retail revenue rose by 13.1% to £312.7mln in its third quarter to August 27, an improvement on the 12.5% growth seen in its first half
FTSE 100 holds gains to finish higher; Food retailers up
The FTSE 100 remained in positive territory while the Dow set another new high.
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Food price inflation to help online supermarket group Ocado, but more international deals wanted
Day ahead includes a third quarter trading update from Ocado, plus interim results from Iraq-focused explorer Gulf Keystone, and the start of the latest two-day Federal Reserve policy meeting
Investments and investor services
FTSE 100 closes higher as Carney hints at first UK rate rise for a decade
The benchmark for UK blue-chip shares closed up almost 38 at 7,253
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Focus shifts to US interest rates with Fed meeting; UK retail updates due from Kingfisher, Ocado
Week ahead includes Federal Reserve interest rate announcement, UK retail sales data, second quarter results from Kingfisher PLC, and trading update from Ocado PLC
Shire shares down 3.5% after CFO announces quit plans
Cadence rose after it unveiled plans to offload one of its investments
Investments and investor services
FTSE 100 pares losses to close modestly lower
The FTSE 100 traded in a narrow band all day, finishing 5 points lower at 7,319
Worldpay takeover may be first of many as US firms go Brexit bargain hunting
ITV, Burberry and GlaxoSmithKline could face potential bids from international rivals as a weaker pound stokes interest in a number of UK-based firms
Ocado needs more international deals after Amazon's Whole Foods takeover, analysts stress
Ocado has seen a pick-up in enquires from US supermarkets interested in possible deals with the online retailer after Amazon announced a deal to buy Whole Foods
Ocado's first half profit slides but shares gain as revenue boosted by rising online shopping trend
Ocado reported a 12.5% increase in revenue in the first half, supported by the shifting trend towards online grocery shopping
Investments and investor services
FTSE 100 drifts off highs as US stocks make weak start
The FTSE 100 index was closed up 10.37 at 7,367 on Wednesday
Ocado Group posts interims amid industry-wide price pressures and competition from Amazon
Ocado's first half figures are expected to show a similar trend to its first quarter trading update
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Food stocks and housebuilders in Wednesday's spotlight with updates from Booker and Persimmon
A look at Wednesday's agenda with interims from Ocado Group and trading statements from Booker Group, Persimmon and McCarthy & Stone
Archive
Argos to put some zip into J Sainsbury
Week ahead, J Sainsbury, Non-farm payrolls, Ocado, Imagination Technologies
Tesco strong as UK supermarkets see highest sales growth in five years, driven by rising inflation
Kantar Worldpanel said overall supermarket sales rose by 5.0% in the 12 weeks to June 18, a stark contrast to the 0.2% decline seen this time last year
HSBC says sentiment towards UK food retailers after Amazon/Whole Foods Market seems to be "creating a self-fulfilling prophecy"
The bank's analysts pointed out that while there remains a fear of Amazon entering the UK, the food retail sector is likely to remain depressed
Ocado bounces as Amazon.com takeover of Whole Foods creates bid interest, technology spur
In a ‘Global Food Retailing’ note to clients, analysts’ at Credit Suisse reiterated their three reasons why they see the Amazon/Whole Foods deal as being positive for Ocado
Fusionex shares rebound amid backlash from Standard Life on plans to cancel AIM listing
A look at the biggest risers and fallers in London today
Investments and investor services
FTSE 100 ends higher on day Brexit negotiations begin
The FTSE 100 closed 60 points up at 7,523 as the government begins Brexit negotiations.
Ocado delivers an international deal, but some nerves over 'devil in the detail'
Neil Wilson, senior market analyst at ETX Capital, said: "Investors have shown a great deal of patience and while the rewards from this agreement won’t be immediately forthcoming, it bodes well for the future"
Ocado shares jump as it signs a long-awaited international deal with short-sellers punished
The FTSE 250-listed group said: “The retailer wishes to remain anonymous until it launches its online business in order to retain competitive advantage.”
FTSE 100 closes in red despite Wall Street gains
The FTSE 100 was subdued in early trade and after the weekend's horrors
Tesco and Morrison's best 'Big Four' players as all grocers again see sales grow with inflation rising
Grocery price inflation was up 2.9% year-on-year in the 12 weeks to May 21, from a 2.6% increase in the previous three month period.
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Deterioration of conditions for grocers eyed in updates from Sainsbury and Ocado
Day ahead; J Sainsbury, Ocado, Imperial Brands, Paddy Power Betfair ...
FTSE 100 closes higher as Fed meeting in focus
The FTSE 100 closed up 46 at 7,250 on the day with Intertek the biggest gainer
Supermarket sweep: Updates from Sainsbury's, Morrison's to be closely-eyed amid margin concerns
In an update in March, Sainsbury’s move to diverse from grocery with the acquisition of high street catalogue retailer Argos looked to be paying off as its total like-for-like sales grew by 0.3%
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Dreams of becoming 'Boss Hogg' die as deputy governor for Markets and Banking resigns
Charlotte Hogg resigns; gin and choccie biccies joint the list of household essentials; French Connection's post-Brexit blues; Ocado-do-do (push pineapple, grind coffee)
Online grocer Ocado sees first quarter sales hold steady, but highlights pricing pressures
The FTSE 250-listed firm saw its gross retail sales rise to £352.4mln in its first-quarter, up from £311.6mln in 2015, with group gross sales up 13.3% to £384.7mln
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Day ahead - Copper group Antofagasta and savings giant Prudential in the cross-hairs
investors will be scanning full-year results from Chilean copper producer Antofagasta, due on Tuesday, for progress on the expansion of its Los Pelambres asset
Nu-Oil on a tear after on Newfoundland re-boot
Some of the largest share prices and fallers in London
Ocado sees modest growth in core earnings, but there's no news on a long awaited international deal
The FTSE 250-listed firm saw its underlying earnings increase by 3.3% to £ 84.3mln for the year to November 27 2016, up from £81.5mln in 2015.
FTSE 100 shares close lower, tracking Dow and Donald
FTSE 100 shares closed lower on Tuesday in sympathy with declines of up to 160 points on Wall Street’s DJIA as the fallout of US President Donald Trump’s first week in office continued to take its toll
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Carpetright up against tighter comparatives
Among the big names reporting: Britvic, Carpetright, Ocado and SSE
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
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
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.
Risers and fallers: Madagascar Oil, Nighthawk, Fusionex, Anglo American..
Major share price rises and fallers in London at 4.15pm
Oil rout sends shock-waves through London shares
The Footsie hit levels last seen in November 2012 during the session
Oil majors drag down London shares as crude prices dip
The Footsie slumped 185.4 points to 5691 as the price of a barrel of Brent crude fell 3.3%
Investments and investor services
Blue-chips retain gains on Chinese stimulus hopes
The FTSE 100 Index ended the session 97 points higher at 5,876..
Blue-chips build on gains as Carney turns dovish
The FTSE 100 Index rose 130.42 points to 5910 but the pound fell
Risers & Fallers: Charlemagne, Greatland, Marechale, Mgt Resource, Progressive Digital, ScS
Ocado could be going up the Amazon, according to reports.
Investments and investor services
Chinese money-printing hopes stimulate London shares
Markets hoped for Chinese stimulus after disappointing GDP figures
Archive
In the papers: China slows to lowest growth in 25 years
Hollywood and Sky in showdown with Brussels over TV licensing deals; Tata confirms 1,050 more jobs to go; BT hires 1,000 UK staff after complaints over Indian call centres
Archive
FTSE100 ends 2015 on whimper
FTSE100, the UK's premier share index, closed out the year around 25 points lower in a curtailed trading day...
UK shares start lower as 2016 beckons
FTSE100, as tipped by spreadbetters, fell in early deals on a truncated trading day....
Investments and investor services
FTSE100 drops 40 as supermarkets struggle
The FTSE100 ended the day 40 points, or 0.6% lower at 6,274.
Risers & Fallers: Allied Minds, Anglo American, Jimmy Choo, Hikma Pharmaceuticals, Ocado, Serco Gp
At 10.30, the FTSE 100 index was up 22 points at 6,277.
Ocado under-delivers
Achieving sales growth in the ultra-competitive groceries market is not to be sneezed at, but the top line rose less than expected
Thursday's agenda - Marshalls to pave the way?
There's a veritable flurry of corporate releases on Thursday......
Week Ahead: MPC unlikely to rock the boat
The Bank of England's Monetary Policy Committee is expected to leave its base rate unchanged; the question is, how many committee members will vote for change?
Morrisons to report third quarter sales dip - analysts
The City expects Morrisons to provide an update on its turnaround plan
Analysis: AO World's shares go through the wringer
At its peak, it gave the company a larger market capitalisation than retailer Debenhams and brought it close to rival Dixon’s...
Investments and investor services
FTSE 100 closes lower ahead of Fed rate decision
The US open did little to turn the index's fortunes around, with the most important Fed statement for years only a few hours away,
Investments and investor services
Risers & Fallers: Northgate, Crawshaw, IMImobile, Hunting, Babcock International and more...
Below are the main new-driven share price movements at 4pm.