(Alliance News) - Marks & Spencer Group PLC on Wednesday said it remains confident of meeting full-year expectations, after a strong sales performance by both its Food and Clothing & Home arms in the first half. Read More
Ocado Group PLC - Hatfield, England-based licenser of grocery technology - Appoints Adam Warby as chair designate. Warby will join the board on Friday and assumes the role of chair on December 1, succeeding outgoing Chair Richard Haythornthwaite. Incoming chair Warby has served as chair of Stans, Switzerland-based software and cloud advice firm Software One Holding AG and was chief executive officer of Seattle, Washington-based IT consulting firm Avanade Corp for 11 years. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - UK grocery price inflation picked up slightly in September, while Tesco PLC achieved its largest market share since 2017, according to data from Kantar on Tuesday. Read More
(Alliance News) - Virgin Wines UK on Friday said that Ocado Group PLC since Wednesday offers 50 wines from its Virgin Wines portfolio as the companies agreed a strategic partnership. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Stock prices in London were higher on Thursday afternoon after the Bank of England opted to maintain rates at 5.00%, a day after the Federal Reserve kicked off its cutting cycle with a 50 basis point reduction. Read More
(Alliance News) - Ocado Group PLC on Thursday said it has raised its full-year revenue guidance following positive third-quarter growth in customers and orders from Ocado Retail. Read More
(Alliance News) - European equities climbed and Asian stocks powered higher, as markets cheered a jumbo Federal Reserve interest rate cut. Read More
(Alliance News) - London's FTSE 100 is called to open higher on Thursday, with markets responding positively to a 50 basis point rate cut by the Federal Reserve, as the spotlight now shifts to the Bank of England. Read More
(Alliance News) - London's FTSE 100 climbed on Tuesday as hopes grew for a jumbo-sized interest rate cut across the pond, and data showed the US economy continues to hold up well. Read More
(Alliance News) - UK grocery price inflation resumed its slowdown, while Ocado delivered its quickest rate of growth since May 2021, figures on Tuesday showed. Read More
(Alliance News) - Ocado Group PLC and Coles Group Ltd on Tuesday said their two customer fulfilment centres in Australia started operations in July. Read More
(Alliance News) - UK grocery inflation accelerated for the first time since March last year, figures on Tuesday showed. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
Ocado Group PLC - Hatfield, England-based online grocer and technology licensor - Announces results of invitation to holders of 0.875% guaranteed senior unsecured convertible bonds due 2025 and 3.875% guaranteed senior unsecured notes due 2026. Says GBP427.2 million validly tendered for 2025 bonds, with a purchase price of GBP276.3 million for 2026 notes, so GBP703.5 million in total. The purchase price for both is 93%, so the total purchase consideration is GBP654.3 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Ocado Group PLC - Hatfield, England-based online grocer and technology licensor - Plans to raise GBP600 million from two bond offers. Prices GBP250 million in guaranteed senior unsecured convertible bonds due 2029 and also will offer GBP350 million in senior unsecured notes due 2029. The convertible bonds will be issued at par value and carry a coupon of 6.25% per year. They will be convertible into shares at an initial conversion price of GBP6.11 each. The money from the convertible and high-yield bond offers will be used to tender for outstanding bonds and notes due in 2025 and 2026. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More