Ocado sees only temporary setback from Andover fire

19th Mar 2019 07:23

(Sharecast News) - Ocado's sales were only slightly dented by the huge fire at one of its robot-operated depots during the quarter, but the full impact is still not yet known.

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Tuesday preview: Parliament, employment report in focus

18th Mar 2019 12:45

(Sharecast News) - After House Speaker, John Bercow's, decision that the Prime Minister would be best advised not to pursue a third vote on her withdrawal proposal, global investors' attention is now likely be trained on Westminster all the more intensely.

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Monday broker round-up

11th Mar 2019 14:06

(Sharecast News) - Experian: Deutsche Bank downgrades to sell with a target price of 1,800p.

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M&S paying high price for being late to online food party, says RBC Capital

11th Mar 2019 08:46

(Sharecast News) - RBC Capital Markets upped its price target for Ocado on Monday but cut its target for Marks & Spencer as it accounted for the joint venture announced last month.

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Supermarkets benefit as shoppers stockpile food for no-deal Brexit

5th Mar 2019 08:49

(Sharecast News) - One in ten shoppers claim to have started stockpiling food to prepare for a no deal Brexit, according to the latest industry data, while Sainsbury's sales continued to fall.

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Bumpy road ahead for M&S-Ocado joint venture, analysts predict

27th Feb 2019 13:32

(Sharecast News) - Analysts think that Marks & Spencer's £750m joint venture with Ocado faces a lengthy period of unprofitable development, but the expense should eventually pay off.

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Wednesday broker round-up

27th Feb 2019 13:13

(Sharecast News) - Tullow Oil: Jefferies downgrades to hold with a target price of 222p.

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M&S buys 50% stake in Ocado.com

27th Feb 2019 07:17

(Sharecast News) - Online delivery specialist Ocado has agreed to sell Marks & Spencer a 50% share in its UK retail business for up to £750m.

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Ocado confirms talks with Marks & Spencer

26th Feb 2019 11:35

(Sharecast News) - Ocado has confirmed that it is in talks with Marks & Spencer about a possible UK joint venture.

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Wednesday broker round-up

20th Feb 2019 13:19

(Sharecast News) - Ocado: Peel Hunt downgrades to hold with a target price of 110p.

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Kroger and Ocado choose sites for next two CFCs

19th Feb 2019 15:37

(Sharecast News) - Kroger and Ocado have chosen Central Florida and the Mid-Atlantic US as the two areas that will host their next two joint customer fulfillment centres.

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Ocado fire continues to burn for third day

7th Feb 2019 12:58

(Sharecast News) - Ocado shares dropped 10% on Thursday as the fire at its high-tech Andover warehouse continued to burn for a third day, with local residents having to be evacuated due to clouds of burning chemicals.

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Wednesday broker round-up

6th Feb 2019 13:31

(Sharecast News) - National Grid: RBC Capital Markets upgrades to outperform with a target price of 950p.

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Ocado growth plans singed as fire blazes through night

6th Feb 2019 08:53

(Sharecast News) - Firefighters have been unable to stop a fire in one of Ocado's robot-operated warehouses, damaging the majority of the building and its contents.

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Fire breaks out at Ocado's hi-tech Andover warehouse

5th Feb 2019 13:09

(Sharecast News) - Ocado's state-of-the-art fulfilment centre in Hampshire has been shut down following a fire, the online grocery specialist announced on Tuesday.

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