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BAT share price surges amid simplification plans

British American Tobacco’s (LON:BATS) share price has climbed higher in London in today’s session, with investors reacting positively to the company’s simplification plans. The move, which will see the company axe more than 2,300 jobs, comes as the cigarette maker...

Morrisons share price rallies on special dividend

Wm Morrison Supermarkets’ (LON:MRW) share price has advanced in London this Thursday even as the blue-chip grocer posted lacklustre sales amid tough comparatives last year. The company, however, cheered investors with a special dividend and said that it was expanding...

Morrisons share price outperforms ahead of interims

Wm Morrison Supermarkets’ (LON:MRW) share price has climbed higher in today’s session, ahead of the grocer’s interims due out tomorrow. The update will come after the latest Kantar data showed that the grocer’s sales had fallen in the 12 weeks...

Sainsbury’s share price: Grocer mulls over banking unit overhaul

J Sainsbury (LON:SBRY) is preparing a radical overhaul of its underperforming banking arm, The Telegraph has reported. The move comes as the blue-chip grocer reconsiders its business model following its failed merger with Walmart’s Asda. Sainsbury’s share price has climbed...

AB Foods share price: Primark owner reiterates outlook

Associated British Foods (LON:ABF) has updated investors on its recent trading, reiterating its full-year earnings expectations. The company noted that strong performance at its Primark chain is likely to be partly offset by downbeat results at its Sugar business. AB...

Morrisons share price: Grocer to post interims next week

Wm Morrison Supermarkets (LON:MRW) is expected to post a rise in revenue and earnings when it updates investors on its interim performance on Thursday. The results will follow an update from Primark owner Associated British Foods (LON:ABF) earlier in the...

AB Foods share price: Results in focus next week

Associated British Foods’ (LON:ABF) will be among the highlights in next week’s corporate calendar, with the Primark owner scheduled to issue a pre-closing trading update ahead of its annual results in November. The statement will come after the blue-chip company...

FTSE 100 watch: Ex-divs and stronger pound pressure index

The FTSE 100 has fallen into negative territory this Thursday, pressured by a rise in sterling, along with a string of companies, whose shares are trading without the attraction of their latest dividend in today’s session. Vodafone (LON:VOD) meanwhile is...

Boohoo share price rallies as group lifts sales guidance

Boohoo’s (LON:BOO) share price has soared in London this Thursday as the online clothing retailer lifted its full-year sales growth guidance following a better-than-expected first half. The news marks another boost for the company which inked a deal to buy...

Marks & Spencer share price: Retailer drops out of FTSE 100

Marks & Spencer Group (LON:MKS) has dropped out of the FTSE 100 index, for the first time in the benchmark index’s history. The move comes after the high street retailer narrowly remained in the blue-chips club at the index’s previous...

Tesco share price: ShoreCap still bullish on grocer

Shore Capital continues to see Tesco (LON:TSCO) as a ‘buy’ as a result of a “quantum of considerable solace,” Sharecast reports. The move comes ahead of the blue-chip grocer’s interims next month. Tesco’s share price has fallen deep into the...

Tesco share price: Grocer to launch ‘affordable’ ethical chicken

Tesco (LON:TSCO) is set to launch the first ‘affordable’ ethical chicken, The Times has revealed. The move comes amid the ongoing supermarket war, with the latest Kantar Worldpanel data showing that sales at Britain’s biggest grocer shrunk by 1.6 percent...

Next share price: Group in product deal with Ted Baker

Next (LON:NXT) has inked a product licence deal with Ted Baker (LON:TED), replacing Debenhams, whose deal with the smaller London-listed group expires in February next year. The update comes after the FTSE 100 retailer recently updated investors on its performance,...

Asos share price: Jefferies trims stance on retailer

Analysts at Jefferies have slashed their rating and share price target on Asos (LON:ASC) following the online fashion chain’s profit warning last month. The move marks another blow for the AIM-listed company, whose shares came under pressure yesterday as it...

Asos share price under pressure amid short-seller attack

Asos’ (LON:ASC) share price has fallen into the red in today’s session amid news that the online retailer has been targeted by short-sellers. The move follows the AIM-listed company’s quarterly results statement last month when Asos cautioned on profits, citing...

Boohoo share price rallies amid Karen Millen and Coast deal

Boohoo’s (LON:BOO) share price has jumped in London this Tuesday as the retailer announced that it had bought British brands Karen Millen and Coast. The update comes after the London-listed group confirmed media speculation that it was in talks to...

Ocado share price dips as group wraps up M&S deal

Ocado’s (LON:OCDO) share price is underperforming the broader market, even as the online grocer announced that it had completed its arrangements with Marks & Spencer Group (LON:MKS). The companies agreed earlier this year to form a joint venture, combining the...

Next share price rallies as retailer lifts guidance

Next’s (LON:NXT) share price has surged in London this Wednesday as the blue-chip retailer hiked its full-year sales and profit guidance. The move came as the company updated investors on its second-quarter performance, posting higher-than-anticipated sales for the period. As...

Reckitt Benckiser share price slides as group trims growth target

Reckitt Benckiser’s (LON:RB) share price has fallen into the red in today’s session as the company trimmed its full-year revenue target following weaker-than-expected performance in the first half of the year. The update comes after the consumer goods giant recently...

Sports Direct share price sinks after delayed results

Sports Direct International’s (LON:SPD) share price has fallen deep into the red in today’s session as the company posted its full-year results in after-market hours on Friday. The update comes after the company had cautioned earlier this month that it...

Unilever share price: Analysts positive on pricing

Markets.com believes that Unilever’s (LON:ULVR) half-year results were clouded by slightly weaker-than-expected second quarter sales growth, Citywire reports. The comments came after the Anglo-Dutch consumer goods giant unveiled a fall in turnover yesterday and posted weaker-than-expected underlying sales growth for...

Tesco share price suffers after latest Kantar data

Tesco’s (LON:TSCO) share price has fallen deep into the red this Tuesday as the latest Kantar data pointed to a fall in the grocer’s market share in the 12 weeks to July 14. The figures further revealed a decline in...

Burberry share price rallies as Q1 sales rise

Burberry’s (LON:BRBY) share price has surged in London in today’s session, as the blue-chip company posted a rise in sales in the first quarter of its financial year. The luxury goods retailer further said that it had increased the availability...

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