Morrisons dividend decision on hold after sales rise
12th May 2020 07:01
(Sharecast News) - Morrisons kept its dividend options on hold as the supermarket group reported an increase in like-for-like sales for the first quarter fuelled partly by the Covid-19 crisis.
Read moreMorrisons cuts fuel prices to below ?1 per litre
11th May 2020 13:57
(Sharecast News) - WM Morrison dropped petrol prices to a maximum of 99.7p per litre across the UK on Monday, marking the first time the commodity has been sold for under ?1 since February 2016.
Read moreTuesday broker round-up
28th Apr 2020 14:21
(Sharecast News) - Sainsbury: Berenberg downgrades to sell with a target price of 170p.
Read moreBerenberg upgrades Morrisons, double-downgrades Sainsbury's
28th Apr 2020 12:50
(Sharecast News) - Berenberg double-downgraded its stance on Sainsbury's to 'sell' from 'buy' on Tuesday but lifted Morrisons to 'buy' from 'hold' as it took a look at the food retail sector.
Read moreGrocery sales rise more than £500m in April
28th Apr 2020 08:40
(Sharecast News) - Grocery sales rose by more than £500m in April as the Covid-19 lockdown continued to affect households' shopping and eating habits, a survey showed.
Read moreSunday share tips: Morrisons, BH Macro
27th Apr 2020 00:06
(Sharecast News) - Morrisons decision to continue going 'the extra mile' for all its stakeholders, clients, staff and shareholders should stand it in good stead over the longer-term, the Mail on Sunday's Midas column said.
Read moreJohn Lewis furloughs 14,000 staff and slashes millions from spending plans
21st Apr 2020 15:43
(Sharecast News) - John Lewis announced it is furloughing 14,000 staff and slashing hundreds of millions of pounds from its spending plans for 2020 after predicting that store sales could fall by a third amid the ongoing coronavirus crisis.
Read moreSupreme Court rules in favour of Morrisons over data breach
1st Apr 2020 11:49
(Sharecast News) - The Supreme Court has ruled that Wm Morrison cannot be held responsible for a data breach that led to the payroll data of thousands of employees being leaked.
Read moreSupermarket sales soar as consumers stockpile household essentials
31st Mar 2020 08:47
(Sharecast News) - Sales across British supermarkets hit record levels in the last four weeks, industry data published on Tuesday showed, as shoppers rushing to stock up on food and other household staples spent an extra £1.9bn at the tills.
Read moreFriday broker round-up
20th Mar 2020 13:28
(Sharecast News) - Bunzl: Credit Suisse downgrades to underperform with a target price of 1,195p.
Read moreSainbury's to ration key items, close food counters as panic buying soars
18th Mar 2020 10:16
(Sharecast News) - Sainsbury's has introduced a dedicated elderly-only shopping hour and limited the number of key products shoppers can buy, as it became the latest supermarket to stem panic buying.
Read moreMorrisons to expand online capacity, guarantee staff pay
18th Mar 2020 07:47
(Sharecast News) - Morrisons said on Wednesday that it was expanding its online delivery service and guaranteeing staff pay as it reported a rise in full-year pre-tax profit and a recent boost from coronavirus stockpiling.
Read moreLondon close: Stocks end sharply lower again as oil futures crash
6th Mar 2020 17:10
(Sharecast News) - London equity markets finished near their worst levels of the session on Friday, with oil and gas shares under the cosh after the Russian Federation refused to go ahead with another oil output cut alongside the Organisation of Petroleum Exporting Countries.
Read moreSupermarket sales rise as shoppers snap up hygiene products
3rd Mar 2020 09:25
(Sharecast News) - Supermarket sales rose at their fastest pace since November in February as consumers bought more health and hygiene products in response to the coronavirus outbreak.
Read moreUK supermarket sales growth subdued amid 'dry January', 'Veganuary'
4th Feb 2020 09:56
(Sharecast News) - Sales growth at UK supermarkets was subdued in the 12 weeks to 26 January, according to data from research firm Kantar.
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