Morrison (Wm) Supermarkets Shares News & Articles

Market report: Ferguson flies on activist stake, DS Smith up on new margin targets

UK stocks trade higher on Thursday, pushing to their best level in a month with the FTSE 100 index up 0.3% to 7,390 thanks to strength in construction, industrial and technology stocks. Best performer in the FTSE is plumbing supplies company Ferguson (FERG), up 6% to £56.34 after it emerges that US activist investor Nelson Peltz has taken a 6% stake in the firm. Peltz’s stake, valued at ...

Market Report: Merlin pressure rises as activist calls for action, Serco jumps on naval acquisition

UK stocks are in sharp reverse in early trade on Thursday as growing tensions between the US and China, and doubts over Theresa May's government leadership because of Brexit continue to gnaw away at investor confidence. The benchmark FTSE 100 slumps more than 80 points, or roughly 1.2%, to 7,247.66, although a swathe of companies going ex-dividend today (when new shareholders lose the right to ...

Lessons from latest supermarket data and why UK 'big four' remain under cosh of rampant Aldi and Lidl

Competition remains cut-throat in the UK grocery market with German discounters Aldi and Lidl still rampant. According to the latest grocery market share figures from Kantar, the sector enjoyed its fastest rate of growth in 2019 to date over the 12 weeks to 21 April as late Easter sunshine provided a boost. But the UK's ‘big four’ – Tesco (TSCO), off 0.8p at 247.5p ...

Market report: Brexit, Bonmarche, Wizz Air in focus as Asda over takes Sainsbury in supermarket sales battle

Brexit headlines dominate the news agenda in an otherwise very quiet day for company news on the stock market on Tuesday. This follows politician’s failure again last night to come to any sort of consensus over the best way forward for the UK. That puts the pound under more pressure early on Tuesday with Sterling losing ground against both the euro and dollar. But UK stock markets remain ...

Market Report: Standard Life Aberdeen and Burford Capital lead gainers ahead of key vote

Stocks get off to a better start on Wednesday on hopes that MPs will vote against a ‘no-deal Brexit’ in the House of Commons later today. The FTSE 100 index of leading stocks adds 0.3% to 7,151 points led by BP (BP.), Reckitt Benckiser (RB.) and Rentokil (RTO). Top gainer on the FTSE is Standard Life Aberdeen (SLA) which rises 3% to 253p on news that Keith Skeoch has been appointed as ...
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