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** British online grocer Ocado down c.3 pct & top FTSE midcap loser with at least two brokerages cutting their TPs on stock ** Co, in day-earlier update, yet again fails to give any clarity on international tie-ups -- a much awaited move ** Says confident will sign multiple overseas t
Read more(ShareCast News) - The FTSE 250 continued to slide on Tuesday, with the second tier market down 249.75 points (1.51%) to 16,239.51 points by mid-afternoon. Despite posting double-digit revenue growth for the year through "challenging market conditions", shares in Ocado Group were down over 8%. T
Read more* Expects multiple deals in multiple territories * Firm missed target of first overseas deal in 2015 * Says not in bid talks with Amazon * Shares down 40 pct over last year (Adds CEO, analyst comment, shares) LONDON, Feb 2 (Reuters) - British online grocer Ocado is conf
Read moreLONDON, Feb 2 (Reuters) - British online grocer Ocado on Tuesday met forecasts with a 13.8 percent rise in full-year core earnings and said it expected to sign multiple overseas deals in the medium term. Analysts see securing international deals in north America and western Europe as the k
Read more(ShareCast News) - Ocado has posted double-digit revenue growth for the year, despite "challenging market conditions". The FTSE 250 online grocery website posted its results for the 52 weeks to 29 November 2015on Tuesday. It said revenue had jumped 16.7% from £948.9m to £1.108bn compared to 2014.
Read more(ShareCast News) - BP is expected to report a weak set of fourth quarter results on Tuesday amid lower oil prices. The oil giant is forecast to announce earnings in the final three months of 2015 fell to $730m (£514m) from $2.2bn a year earlier. For the full-year Deutsche Bank estimates the company
Read more(ShareCast News) - Sell shares in Ocado, said the Sunday Times' Inside the City column, as it has failed to deliver its long-promised deal to license out its online grocery technology to an overseas supermarket. Of course such a deal could still appear and help stop the shares' decline. However, it
Read more(ShareCast News) - Ocado has appointed Dixons Carphone's deputy chief executive officer, Andrew Harrison, as an independent non-executive director with effect from 1 March. Chairman Lord Rose said: "Andrew brings significant retail and technology experience and we will benefit from his new insight."
Read more(ShareCast News) - In the wake of Google's £130m tax settlement with the UK taxman, other giant US corporations are close to shaking hands on their own deals. HM Revenue & Customs officials have confirmed to the Sunday Times that Amazon, Facebook, Microsoft and McDonald's are all close to agreements
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