Sunday newspaper round-up: Pubs, Ocado, Apple
12th Oct 2020 02:52
(Sharecast News) - Boris Johnson will today reveal tough new three-tier lockdown rules for England which will close pubs, bars and gyms for millions living in coronavirus hot spots for up to six months. The Prime Minister will hold an emergency Cobra briefing on Monday morning to hammer out the final details before setting out the new nationwide system in the Commons. Local leaders in Liverpool and Manchester last night railed against the Government's decision, accusing Mr Johnson of not providing enough consultation before introducing the business-battering restrictions. - Mail on Sunday
Read moreAutoStore suing Ocado over its warehousing technology
1st Oct 2020 13:00
(Sharecast News) - Automated technology company AutoStore has filed patent infringement lawsuits in the United States and the United Kingdom against the grocery retailer and warehousing technology provider Ocado, it announced on Thursday.
Read moreTuesday newspaper round-up: Covid-19 claims, company failures, Google
30th Sep 2020 08:16
(Sharecast News) - Insurers risk sending struggling companies to the wall if they appeal against a High Court ruling on Covid-19 claims, the industry has been warned. Businesses were told yesterday that they may have to wait until next year for a verdict on claims on business interruption policies because insurers were considering an appeal against this month's test case judgment. The latest development potentially shatters hopes that businesses would receive swift payouts. - The Times
Read moreSunday share tips: The Hut Group, Ocado
20th Sep 2020 23:01
(Sharecast News) - Matt Moulding's online retailer The Hut Group and its subsequent flotation have both proven a resounding success.
Read moreFriday broker round-up
18th Sep 2020 12:19
(Sharecast News) - Petropavlovsk: Canaccord downgrades to hold with a target price of 40.0p.
Read moreWaitrose to close four more supermarkets
16th Sep 2020 13:35
(Sharecast News) - Waitrose & Partners is to shut four stores, the supermarket chain said on Wednesday, putting 124 jobs at risk.
Read moreWednesday broker round-up
16th Sep 2020 13:18
(Sharecast News) - Morrison: JP Morgan downgrades to underweight with a target price of 160.0p.
Read moreHut Group shares soar as trading gets underway
16th Sep 2020 11:51
(Sharecast News) - The Hut Group saw its shares soar on Wednesday as trading in the e-commerce beauty business got underway, marking the largest debut on the London market in recent years.
Read moreTuesday broker round-up
15th Sep 2020 13:47
(Sharecast News) - Glencore: RBC Capital Markets upgrades to outperform with a target price of 240.0p
Read moreGrocery spending slows as shoppers dine out during August
15th Sep 2020 11:13
(Sharecast News) - Around £155m was wiped off UK grocery sales in August, industry research showed on Tuesday, as consumers took advantage the government's Help Out to Eat Out scheme and the easing of lockdown restrictions.
Read moreOcado Q3 retail sales surge 52% as M&S products join range
15th Sep 2020 07:00
(Sharecast News) - Online grocer and technology firm Ocado recorded a sharp rise in third quarter revenue driven by continued higher average spends during the coronavirus pandemic as it forecast annual core earnings of £40m.
Read moreTuesday preview: Chinese activity data, Ocado in focus
14th Sep 2020 16:38
(Sharecast News) - Investors' attention on Tuesday will be on the People's Republic of China, where a raft of economic data are set for release.
Read moreSunday newspaper round-up: ARM, Ocado, UK unemployment
13th Sep 2020 15:34
(Sharecast News) - SoftBank is set to sell ARM for more than £30bn to American tech giant Nvidia, as fears mount over the future of 3,000 domestic jobs at the Cambridge-based tech company. The Japanese conglomerate, founded and led by billionaire Masayoshi Son, could seal a deal to sell ARM, whose technology powers most of the world's smartphones, as early as this week, according to the Wall Street Journal, which first reported the story. - Sunday Times
Read moreWednesday broker round-up
9th Sep 2020 13:11
(Sharecast News) - Ocado Group: Berenberg reiterates buy with a target price of 2,420.0p.
Read moreCiti still sees 'strategic rationale' for Ocado Retail, raises target for M&S
2nd Sep 2020 15:21
(Sharecast News) - Citi sounded a positive note on the launch of Ocado Retail, bumping up its target price for Marks&Spencer 's shares to 120.0p in the process.
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