StockMarketWire.com - Barclays Capital today downgrades its investment rating on Sainsbury (J) PLC [LON:SBRY] to equal weight (from overweight) and cut its price target to 250p (from 340p). ...
Shares in J Sainsbury (LON:SBRY) have fallen into negative territory following the latest Kantar data which showed that the company’s sales and market share had dropped in the 12 weeks to ...
US private equity giant KKR is mulling a bid for Asda – the Walmart-owned chain whose proposed merger with fellow UK supermarket J Sainsbury PLC (LON:SBRY) was thrown into doubt last week. KKR, which ...
Berenberg Bank has lifted its rating on Wm Morrison Supermarkets (LON:MRW), arguing that the company would benefit from the proposed tie-up between rivals J Sainsbury (LON:SBRY) and Asda ...
J Sainsbury (LON:SBRY)‘s stock had its “buy” rating restated by research analysts at UBS Group in a research report issued to clients and investors on Tuesday, investing.thisismoney.co.uk reports. The...
The update follows results of FTSE 100 rivals Morrisons (LON:MRW) and Sainsbury’s (LON:SBRY) earlier in the week. As of 08:51 GMT, Tesco’s share price had added 1.13 percent to 214.20p.
Shares in Sainsbury (LON:SBRY) fell 1.9% after the food retail team at HSBC downgraded stock in the grocer to ‘reduce’ and hacked its price target down by 70p to 230p a share. Remote Monitored Systems ...
The Competition and Markets Authority (CMA) is delaying publishing its initial findings on the merger of J Sainsbury (LON:SBRY) and Walmart’s Asda from early next month to early February ...
Sticking with the retail sector, Sainsbury’s (LON:SBRY) update received a slightly better reception than Marks’. It told the market the integration of Argos is going to plan while making soothing nois...
The update comes ahead of FTSE 100 rival J Sainsbury’s (LON:SBRY) interim results this Thursday. As of 08:45 GMT, Morrisons’ share price had given up 3.83 percent to 244.80p. The shares are ...
Sainsbury's chief executive Mike Coupe and Asda boss Roger Burnley will face questions from MPs about Sainsbury's proposed £7.3bn takeover of its Walmart-owned rival.
Rio Tinto: Deutsche Bank downgrades to hold with a target price of 4,700p.
Hunting: Canaccord downgrades to hold with a target price of 850p.
UK grocers were boosted by the royal wedding, the FA Cup Final and the warm weather in the 12 weeks to May 20, a new report from Kantar revealed on Wednesday.
The UK competition watchdog has invited all "interested parties" in the proposed merger between Sainsbury's and Asda to submit views on the impact of the deal on competition around the country.
ZPG: RBC Capital Markets downgrades to sector perform with a target price of 490p.
Retail loyalty-scheme software specialist Eagle Eye Solutions has extended its contract with Sainsbury's for the deployment of its digital wallet functionality.
1550: Front month Brent crude oil futures are rising 2.729% to $76.95 a barrel on the NYMEX, helped by the latest US DoE data showing a 2.2m barrel drop in oil inventories for over the latest week.
Domestic US oil ouput was higher again last week, according to the DoE, rising by 84,000 barrels a day to 10.703m b/d.
Synergies from Sainsbury's agreed purchase of Asda from Walmart could be as high as £1.5bn, Berenberg analysts said as they raised their price target for the FTSE 100 grocer.
J Sainsbury: Berenberg reiterates buy with a target price of 369p.