Ocado robots propel revenues towards full year targets
13th Dec 2018 07:12
(Sharecast News) - Boosted by its new robot-operated warehouse in south east London, Ocado confirmed it was gliding serenely towards its full year sales targets.
Read moreThursday preview: ECB, Ocado in focus
12th Dec 2018 15:24
(Sharecast News) - Barring a surprise in Wednesday evening's no-confidence vote against Prime Minister Theresa May, which she is expected to overcome, the market spotlight is expected to shift towards the other side of the Channel, where rate-setters in Frankfurt are set to meet to decide on monetary policy.
Read moreSupermarket growth stumbles to slowest since March 2017 - Kantar
11th Dec 2018 08:06
(Sharecast News) - UK supermarkets have plunged into the gloom blanketing the rest of the retail sector, with fresh data on Tuesday showing the slowest growth rate since March 2017.
Read moreMonday broker round-up
26th Nov 2018 12:09
(Sharecast News) - Workspace group: Deutsche Bank downgrades to hold with a target price of 1,100p.
Read moreOnline shift away from high street to accelerate at Christmas
20th Nov 2018 10:30
(Sharecast News) - Already struggling non-food high street retailers could lose their festive period boost as consumers prefer to go online to purchase presents.
Read moreOcado inks Kroger deal, with first three orders in weeks
30th Oct 2018 07:33
(Sharecast News) - Ocado expects to receive orders for the first three US online shopping warehouses from grocer Kroger in the coming weeks after the pair signed up to a formal services and operational agreement.
Read moreOcado offers 'creditable alternative to Amazon', BoAML upgrades
16th Oct 2018 10:08
(Sharecast News) - With Ocado shares down by a quarter over the past four month, Bank of America Merrill Lynch sees the online grocery specialist as "back in buying territory" and offering supermarkets a "unique" tool to combat Amazon.
Read moreAldi and Lidl accelerate assault on big supermarkets, Kantar data shows
16th Oct 2018 08:07
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Read moreOcado valuation now more reasonable for Barclays
10th Oct 2018 16:18
(Sharecast News) - Barclays upgraded Ocado on Wednesday after the online grocery specialist's valuation retreated to a more "reasonable" level.
Read moreTuesday broker round-up
18th Sep 2018 12:51
(Sharecast News) - Petra Diamonds: Citigroup upgrades to buy with a target price of 70p.
Read moreSummer is kind to big supermarkets but Sainsbury's still lags
18th Sep 2018 08:09
(Sharecast News) - Over the summer Sainsbury's enjoyed its best sales this year, though it was still the slowest growing of the big four, where Asda and Morrisons led the pack but still lost ground to the discounters.
Read moreOcado sales hum as new robot warehouse gets up to speed
18th Sep 2018 07:05
(Sharecast News) - Ocado kept up the pace of growth in the third quarter as its fourth and most-technologically advanced robot-operated warehouse quickly got up to speed.
Read moreTuesday preview: US-China trade, Ocado in focus
17th Sep 2018 14:47
(Sharecast News) - The spotlight on Tuesday may well end up being on China's response to America's decision to levy a 10% tariff on $200bn-worth of the Asian giant's goods exports.
Read moreDirector dealings: Ocado CEO lowers stake
28th Aug 2018 16:21
(Sharecast News) - Linic, a company closely associated to Ocado chief executive Tim Steiner disposed of a whopping 4,791,200 ordinary shares in the grocery giant on Tuesday.
Read moreMorrisons and Asda hold off gains from discounters - Kantar
21st Aug 2018 08:43
(Sharecast News) - Morrisons and Asda were the fastest-growing of the big four supermarkets in recent weeks and managed to hold off the discounters from taking market share, while Sainsbury's remained a laggard but enjoyed its fastest growth since January.
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