London close: Stocks finish lower as oil prices retreat

20th Aug 2024 15:33

(Sharecast News) - London's stock markets ended the day in negative territory on Tuesday, pressured by declines in energy stocks as oil prices fell.

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Grocery price inflation rises for first time since March 2023

13th Aug 2024 11:17

(Sharecast News) - Grocery price inflation in the UK has risen for the first time since March last year, according to fresh data from Kantar on Tuesday.

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Ocado prices £250m guaranteed bonds, £350m unsecured notes

30th Jul 2024 12:01

(Sharecast News) - Ocado Group announced the successful pricing of its £250m guaranteed senior unsecured convertible bonds on Tuesday, due 2029.

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London close: Stocks rise on China rate cut, Biden withdrawal

22nd Jul 2024 15:21

(Sharecast News) - London's stock markets ended Monday on a positive note, buoyed by a surprise interest-rate cut from China and significant political news from the United States.

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Kroger places order for new Ocado automated technologies

22nd Jul 2024 07:21

(Sharecast News) - US grocery giant Kroger ordered two of Ocado's newest technology solutions for its existing and future customer fulfilment centres.

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London close: Stocks finish mixed on China demand concerns

16th Jul 2024 15:35

(Sharecast News) - London stocks finished with a mixed performance on Tuesday as investors weighed global political and economic risks, with the likes of Rio Tinto and Burberry remaining below the waterline.

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Euros see supermarket sales grow despite poor weather

16th Jul 2024 11:40

(Sharecast News) - Take-home sales at supermarkets rose by 2.2% over the four weeks ended 7 July, according to fresh industry data released on Tuesday, driven by summer events and evolving consumer preferences.

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Ocado narrows H1 losses, lifts guidance for tech division

16th Jul 2024 07:03

(Sharecast News) - Shares in Ocado surged on Tuesday after the online grocer and technology company reported narrower interim losses and lifted full-year guidance as revenue grew across all its divisions.

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Tuesday preview: US retail sales, Ocado in focus

15th Jul 2024 15:41

(Sharecast News) - Investors' focus on Tuesday will be on the US retail sales report covering the month of June.

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London close: Stocks slide on China data, Burberry warning

15th Jul 2024 12:46

(Sharecast News) - London stocks ended Monday in negative territory, influenced by weaker-than-expected Chinese GDP figures and a profit warning from luxury fashion house Burberry.

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Bernstein downgrades Ocado to 'underperform', slashes price target

15th Jul 2024 09:21

(Sharecast News) - Bernstein downgraded Ocado on Monday to 'underperform' from 'outperform' and slashed the price target to 250p from 1,000p, "having been one of the last bulls standing".

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London close: Stocks mixed as investors assess hung French parliament

8th Jul 2024 15:07

(Sharecast News) - London markets showed mixed performance on Monday as investors weighed the implications of a hung parliament in France.

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Ocado to build third factory in Japan with online grocer AEON

8th Jul 2024 07:10

(Sharecast News) - Online grocery group Ocado is planning to build a third customer fulfilment centre (CFC) in Japan as part of its ongoing partnership with Japanese peer AEON.

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London close: Stocks finish lower after Airbus profit warning

25th Jun 2024 15:54

(Sharecast News) - London stocks ended Tuesday in negative territory, influenced by significant losses in key sectors following a profit warning from Airbus.

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London close: Stocks fall as UK service sector slows

21st Jun 2024 16:17

(Sharecast News) - London stocks ended the week on a negative note after data revealed an unexpected slowdown in the UK service sector's growth for June.

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