Tuesday 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.
Read moreOcado forced to cancel some orders amid strong uptake of M&S food
1st Sep 2020 11:36
(Sharecast News) - Ocado blamed a surge in demand for their new service for the "very small number" of order cancellations on Tuesday.
Read moreMonday broker round-up
24th Aug 2020 10:57
(Sharecast News) - Dechra Pharmaceuticals: Liberum initiates at sell with a target price of 2,740p.
Read moreAmazon blows past Q2 forecasts, raises guidance
31st Jul 2020 11:03
(Sharecast News) - Amazon blew past forecasts for second quarter trading - not least its own - as the Covid-19 pandemic drove people around the world in streams onto its digital retail services platform.
Read moreAmazon plans expansion of UK delivery service
28th Jul 2020 09:51
(Sharecast News) - Amazon is planning a wider UK rollout of its online grocery service by the end of 2020 as it tries to take advantage of consumers' needs during the pandemic.
Read moreUK grocery sales continue to grow at record rate
21st Jul 2020 11:03
(Sharecast News) - British grocery sales recorded the fastest rate of growth on record in the last three months to top £31bn, industry data showed on Tuesday.
Read moreWednesday broker round-up
15th Jul 2020 12:24
(Sharecast News) - Royal Dutch Shell: JP Morgan downgrades to neutral with a target price of 1,700.0p.
Read moreLockdown grocery revenues boost Ocado first half
14th Jul 2020 06:54
(Sharecast News) - Online grocer Ocado reported a rise in half-year revenue as Britons turned to home deliveries during the coronavirus lockdown with expectations that this trend would continue.
Read moreFriday broker round-up
10th Jul 2020 13:26
(Sharecast News) - Ocado: Berenberg reiterates buy with a target price of 2,225.0p.
Read moreInternet shoppers could face green delivery charge - report
29th Jun 2020 09:39
(Sharecast News) - The government is considering slapping a compulsory delivery charge on internet shoppers as part of an effort to cut traffic congestion and toxic emissions, according to a report.
Read moreOnline grocery sales surge as lockdown keeps shoppers at home
23rd Jun 2020 11:31
(Sharecast News) - Online grocery sales surged in the last month, industry research showed on Tuesday, as the Covid-19 pandemic and subsequent lockdown shook up traditional shopping habits.
Read moreOcado completes £1bn raising to fund cash in on online boom
11th Jun 2020 07:02
(Sharecast News) - Online retailer Ocado on Thursday said it had successfully raised just over £1bn to exploit the rapid change in internet grocery shopping habits sparked by the coronavirus crisis.
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