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Sainsbury's (SBRY) Share News

IN BRIEF: Trakm8 announces two-year extension to Sainsbury's contract

11th Oct 2024 12:20

Trakm8 Holdings PLC - Shaftesbury, England-based provider of fleet management software and data to insurers - Extends its contract with J Sainsbury PLC's Information Systems Ltd business by two years to December 31, 2026. The contract is for the Sainsbury's Goods Online delivery solution, which is built on the Trakm8 insight artificial intelligence optimisation platform algorithms, supplied through an application programming interface. It says more than 4,000 tonnes of carbon per year have been saved since Sainsbury's first use of Trakm8's algorithm. Read More

LONDON MARKET MIDDAY: Stocks drift lower despite economic growth tonic

11th Oct 2024 12:12

(Alliance News) - London's FTSE 100 was down heading into Friday afternoon, with Sainsbury's struggling, as US banking results kick off the third quarter earnings season. Read More

PRESS: Sainsbury's largest investor QIA trims stake — Reuters

11th Oct 2024 10:26

(Alliance News) - J Sainsbury PLC's largest shareholder has cut its stake in the London-based supermarket chain, Reuters reported Friday. Read More

LONDON MARKET OPEN: FTSE 100 struggles for direction after US data

11th Oct 2024 09:03

(Alliance News) - European stocks opened mixed on Friday, in uncertain trade following a hotter-than-expected US inflation data, which came alongside a weaker reading of the nation's labour market. Read More

TOP NEWS: UK grocery price inflation hots up ahead of budget

8th Oct 2024 09:13

(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

IN BRIEF: Hollywood Bowl hires former Sainsbury CFO as new chair

7th Oct 2024 08:46

Hollywood Bowl Group PLC - ten-pin bowling centre operator in UK and Canada - Picks Darren Shapland to be its next chair, replacing Peter Boddy, who will step down at Hollywood Bowl's annual general meeting on January 30 after 10 years in post. Shapland was chief financial officer of supermarket chain J Sainsbury PLC, as well as CFO and chief executive officer of former London listing Carpetright PLC. Shapland currently is a non-executive director of retailer JD Sports Fashion PLC. He will join the Hollywood Bowl board as a non-executive director on December 1 and take the chair after the AGM. Read More

LONDON MARKET MIDDAY: Housebuilders boost FTSE amid declines elsewhere

3rd Oct 2024 11:55

(Alliance News) - Dovish remarks from Bank of England Governor Andrew Bailey helped to boost the FTSE 100's housebuilders on Thursday at midday, while grocers rose following a strong interim showing from Tesco. Read More

LONDON MARKET MIDDAY: Pound falls, housebuilders rise after BoE remarks

3rd Oct 2024 11:50

(Alliance News) - Stock prices in London were mixed at midday on Thursday, with grocers outperforming, while housebuilders headed higher after dovish comments from Bank of England Governor Andrew Bailey. Read More

Sainsbury's sells ATM machines after offloading main banking business

25th Sep 2024 11:48

(Alliance News) - J Sainsbury PLC has agreed to sell its ATM machines to operator NoteMachine, as the chain sharpens its focus on the retail business after offloading its main banking arm. Read More

LONDON BROKER RATINGS: Berenberg, Peel cut TT Electronics to 'hold'

17th Sep 2024 09:50

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More

LONDON MARKET CLOSE: Dollar softens as market weighs Fed rate options

16th Sep 2024 17:03

(Alliance News) - London's FTSE 100 nudged higher late on Monday while the dollar flagged, as bets rose that the US Federal Reserve could deliver a jumbo sized interest rate cut on Wednesday. Read More

LONDON BROKER RATINGS: Deutsche Bank cuts Fevertree price target

16th Sep 2024 09:39

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More

LONDON BRIEFING: TI Fluid rejects M&A move; Phoenix Group ups payout

16th Sep 2024 07:48

(Alliance News) - London's FTSE 100 is set to open a touch lower at the start of the week, with poorly-received data out of China hurting the mood ahead of the week's major central bank decisions. Read More

LONDON BROKER RATINGS: Barclays cuts Asos to 'underweight'

10th Sep 2024 09:42

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More

TOP NEWS: UK grocery price inflation ebbs as Ocado leads sales rose

10th Sep 2024 08:47

(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

IN BRIEF: J Sainsbury buys 10 Homebase stores to become supermarkets

29th Aug 2024 12:32

J Sainsbury PLC - London-based supermarket chain - Agrees to buy 10 leasehold stores currently trading as Homebase to convert into Sainsbury's supermarkets. Homebase is a do-it-yourself store chain. The 10 stores being bought by Sainsbury from HHGL Ltd are scattered across England, Northern Ireland and Scotland, including in Birmingham, Londonderry and Inverurie. They will add 235,000 square feet of new trading space. Sainsbury says the total cost of buying and fitting out the stores is expected to be GBP130 million. Its free cash flow targets remain unchanged, despite the investment, it said. Sainsbury continues to target at least GBP500 million in retail free cash flow in financial year 2025 and at least GBP1.6 billion over the three years to financial 2027. Read More

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