(Alliance News) - Ocado Group PLC on Thursday reported a widened interim loss and a decline in revenue, which it put down to a UK grocery market that "contracted post pandemic and the rising cost of living crisis in UK". Read More
(Alliance News) - Large-cap stocks in Europe struggled in early dealings on Thursday, as traders await a policy decision from the European Central Bank and after gas supplies through the critical Nord Stream pipeline restarted. Read More
(Alliance News) - Online grocer Ocado on Thursday reported an interim revenue decline and widened loss, which it put down to a UK grocery market that "contracted post pandemic and the rising cost of living crisis in UK". Read More
(Alliance News) - Stock prices in London are seen opening a touch lower on Thursday, following a mixed day in Asia and ahead of the European Central Bank's first interest rate hike in over a decade. Read More
(Alliance News) - Blue-chip European equities fell on Wednesday after the EU took precautionary measures in the face of reduced Russian gas supplies, as investors look ahead to the European Central Bank's rate decision on Thursday. Read More
(Alliance News) - Ocado Group PLC on Tuesday said the chief executive of its retail joint-venture alongside Marks & Spencer Group PLC will step down from the role. Read More
(Alliance News) - UK grocery price inflation neared double-digits in recent weeks while supermarket sales nudged up for the first time in over a year, according to figures from data analytics firm Kantar. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
Oxford Nanopore Technologies PLC - Oxford-based company developing and selling nanopore sequencing products - Hires Duncan Tatton-Brown as new non-executive chair, replacing Peter Allen, who will leave the board on July 31. Tatton-Brown was chief financial officer of online grocer Ocado Group PLC and remains an advisor to Ocado. He also is on the board of ticket seller Trainline PLC. Tatton-Brown says of Oxford Nanopore: "The company has already achieved a huge amount, and yet the company is in the foothills of its growth journey." Read More
(Alliance News) - Online grocer Ocado Group PLC on Thursday said it has completed the agreements to extend its partnership with French retailer Groupe Casino, covering the creation of a joint venture and the integration of a marketplace platform. Read More
(Alliance News) - Stocks in London started the new week where they left off on Friday, with investors shaking off recent worries over rising interest rates and global growth risks. Read More
(Alliance News) - Stock prices in London were higher at midday on Monday on hopes that central banks are getting control over inflation, meaning that interest rates may not have to rise as high as previously expected. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - Blue-chip European equities found a US recession warning and worrying economic data too much to bear on Thursday, though US markets shrugged off the negative headlines as focus remains on Federal Reserve Chair Jerome Powell. Read More
(Alliance News) - Share prices in London were higher at midday on Tuesday despite lingering fears over the economic damage that aggressive interest rate hikes may cause. Read More
(Alliance News) - Investor patience on Ocado Group PLC could become strained should the online grocer's ongoing quest for profitability continues to be elusive. Read More
(Alliance News) - UK supermarket sales were lifted by Jubilee festivities in June, despite inflation reaching the highest level since April 2009, new data showed on Tuesday. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday with DS Smith rising in the FTSE 100, while Ocado shares fell after announcing the results of its fundraise. Read More