Ocado Share News (OCDO)

Ocado shares slump on concerns of competition from Amazon

LONDON, Dec 30 (Reuters) - Shares in British online supermarket Ocado fell sharply on Wednesday, which traders attributed to concerns over growing competition from a rival service at Amazon. Ocado shares were down 7.9 percent by 0910 GMT, making the stock the worst performer on Britain's FT

Amazon to accelerate UK grocery plans

(ShareCast News) - Amazon has revealed it plans to ramp up its UK grocery offering in the new year, adding a significant new disruptive pressure into the already aggressively competitive supermarket industry. The UK online retailing colossus launched its Pantry service in Britain in November, off

FTSE 250 movers: Issues in Africa cause problems for Investec and PZ Cussons

(ShareCast News) - The FTSE 250 continued to drop on Thursday, with the market down 52.17 points (0.30%) to 17,087.68 by mid-afternoon. Political events in South Arica caused Investec to plummet throughout the day. President Jacob Zuma on Wednesday evening fired the country's finance minister, Nhlan

LONDON MARKET MIDDAY: Sports Direct Shares Drop 13% On Results Miss

London midday: Equities slide as BoE keeps interest rates unchanged

(ShareCast News) - UK equities declined as the Bank of England voted 8-1 to keep interest rates unchanged. The BoE left interest rates at 0.5% and the asset purchase programme at £375bn, as expected by analysts, amid a slowdown in emerging economies, low inflation and a strong pound. The minutes of

WINNERS & LOSERS SUMMARY: Glencore Surges On Further Cost Cutting

UPDATE 1-Ocado keeps investors waiting for overseas deal

* Expects international deal "in the relative short term" * Firm had targeted deal in 2015 * Q4 retail sales growth slows to 13 pct * Shares fall more than 5 pct (Adds detail, CFO, analyst comment, shares) By James Davey LONDON, Dec 10 (Reuters) - British online gr

Ocado reports double-digit sales growth but momentum slowing

(ShareCast News) - Online grocer Ocado reported double-digit sales growth in a "challenging and competitive" grocery retail environment. For the 16 weeks to 29 November, group sales grew 15% to £381.6m, while gross retail sales were 13% higher at £351.8m. The group sales figures represented a slowd

Ocado Sales Higher But Average Shopping Basket Shrinks In Recent Weeks

No news on overseas deal as Ocado sales growth slows

LONDON, Dec 10 (Reuters) - British online grocer Ocado gave no update on a first technology deal with an overseas partner it is aiming to sign in 2015 as it reported a slowdown in sales growth in its fourth quarter. The company, whose range includes products supplied by upmarket grocer Wai

Earnings, Trading Statements Calendar - Week Ahead

BROKER RATINGS SUMMARY: UBS Raises Ocado To Buy From Neutral

LONDON BRIEFING: UK Defence Plans Boost BAE Systems And Rolls-Royce

Amazon takes on UK supermarkets with "Pantry" offer

* New groceries offer for Amazon Prime members * Most ambitious foray yet into UK online grocery * Declines comment on UK launch of Amazon Fresh LONDON, Nov 13 (Reuters) - Online retailer Amazon has stepped up the pressure on Britain's traditional supermarkets with the nationwi

FTSE 250 movers: Special dividend hopes boost Fidessa

(ShareCast News) - After a poor start to the day, the FTSE 250 rebounded to 17,077.60, up 93.57 points (0.55%). Investment management and information services provider Fidessa led the risers after it revealed it expects to announce a further special dividend when it publishes its full year results i