Ocado Share News (OCDO)

Ocado sales higher, no update on Morrisons deal

LONDON, March 15 (Reuters) - British online grocer Ocado reported higher sales growth in its first quarter but gave no update on its plan to finalise a deal with key supermarket customer Morrisons on Tuesday. Ocado, whose range also includes products supplied by upmarket grocer Waitrose, p

Ocado delivers healthy jump in quarterly sales

(ShareCast News) - Online grocery delivery firm Ocado said group gross sales rose 15.3% to £312.4m in the quarter to 21 February. Retail sales rose to £286.7m from £252m. Average weekly orders were up 16.9% to 214,000, although gthe average order size fell to £111.41 from £114.72. Ocado said it had

London pre-open: Stocks seen lower after BoJ stands pat

(ShareCast News) - London stocks are set to open lower on Tuesday following a mostly weaker session in Asia, after the Bank of Japan decided to keep interest rates unchanged in negative territory. The FTSE 100 is seen starting 29 points lower than Monday's close at 6,145. Central bank meetings will

Negative bets against Ocado hit record high

* Short interest in Ocado hits record high * Shares slip further after Amazon-Morrisons deal * Ocado shares down 14 percent so far this year By Atul Prakash LONDON, March 9 (Reuters) - "Short interest" in British online grocer Ocado has surged to a record high, suggesting

Earnings, Trading Statements Calendar - Week Ahead

BROKER RATINGS SUMMARY: Goldman Cuts Pearson To Sell From Neutral

FTSE 250 movers: Three senior underwriters jump ship at Lancashire Holdings

(ShareCast News) - Shares in Lancashire Holdings dropped to the bottom of the pile on Tuesday. After the close of trading in the previous session, the company said three more senior underwriters had jumped ship, close on the heels of the announced departure of John Hamblin, the CUO at Cathedral, in

Tuesday newspaper share tips: Amazon.com, Morrison, Jupiter Fund Management

(ShareCast News) - Amazon.com's entry into the UK retail food sector has led to even more frenzied competition in a UK food retail sector plagued by hard discounters, a glut of stores and a market share war online. "Wherever money is not being made, investors can be certain of one thing, Amazon will

Tuesday broker round-up

(ShareCast News) - Rightmove: Canaccord downgrades to hold with a target price of 4100p and Deutsche Bank reiterates hold with a target price of 3200p. IAG: HSBC reiterates hold with a target price of 620p and Investec maintains buy, 740p target. Rio Tinto: RBC upgrades to sector perform with a tar

BROKER RATINGS SUMMARY: RBC Capital Raises Rio Tinto To Sector Perform

UPDATE 4-Amazon to attack UK grocery market with Morrisons deal

* Amazon agrees wholesale supply deal with Morrisons * Deal marks biggest assault yet on British food market * Rival share prices sink on competition fears (Adds background on Amazon in the US) By James Davey and Kate Holton LONDON, Feb 29 (Reuters) - Amazon has launched

LONDON MARKET CLOSE: PBoC Reserve Ratio Cut Helps Stocks Erase Losses

FTSE 250 movers: Ocado, Ultra and Hiscox weigh on index

(ShareCast News) - The FTSE 250 crawled back towards parity by mid-afternoon on Monday after an early morning dip, but the index remained doggedly on the wrong side of the line. Shares in Vedanta Resources led the recovery over the day, climbing on news that India will shelve export taxes on low-gra

LONDON MARKET MIDDAY: China's Reserve Ratio Cut Lifts Stocks Off Lows

WINNERS & LOSERS SUMMARY: Mixed Fortunes For Morrisons And Ocado