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UK grocery inflation edges higher after 17 months of decline

UPDATE 1-UK grocery inflation edges higher after 17 months of decline UK grocery inflation was 1.8% in 4 weeks to Aug 4, says Kantar BRC has warned of renewed inflationary pressures Official UK inflation data for July to be published on Wednesday Shares in Tesco, Sainsbury's rise on solid performance Adds share price reaction in paragraphs 10 and 11 By James Davey LONDON, Aug 13 (Reuters) - UK grocery inflation edged higher this month for the first time since March 2023, industry data showed on
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UK grocery inflation edges higher after 17 months of decline

UK grocery inflation edges higher after 17 months of decline UK grocery inflation was 1.8% in 4 weeks to Aug 4, says Kantar BRC has warned of renewed inflationary pressures Official UK inflation data for July to be published on Wednesday By James Davey LONDON, Aug 13 (Reuters) - UK grocery inflation edged higher this month for the first time since March 2023, industry data showed on Tuesday.
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AstraZeneca, Beazley, Puma

EUROPE RESEARCH ROUNDUP-AstraZeneca, Beazley, Puma Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AstraZeneca, Beazley and Puma on Monday. HIGHLIGHTS * AstraZeneca AZN.L : TD Cowen raises target price to 14,860p from 13,945p * Beazley BEZG.L : Jefferies raises target price to 1,020p from 975p * Puma SE PUMG.DE : Baader Helvea raises to buy from add * Quilter Plc QLT.L : Berenberg raises target price to 135p from 105p * WPP
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Ocado Accepts 427.2 Mln Stg Of Convertible Bonds For Purchase

BRIEF-Ocado Accepts 427.2 Mln Stg Of Convertible Bonds For Purchase Aug 7 (Reuters) - Ocado Group PLC OCDO.L : RESULT OF TENDER OFFER ACCEPTS £276.3M OF 2026 NOTES FOR PURCHASE ACCEPTS £427.2M OF CONVERTIBLE BONDS FOR PURCHASE PURCHASE PRICE FOR NOTES SET AT 93.00% Source text for Eikon: ID:nRSG5461Za Further company coverage: OCDO.L
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Ocado Says Maximum Spend Amount Related To Tender Offer £700 Mln

BRIEF-Ocado Says Maximum Spend Amount Related To Tender Offer £700 Mln Aug 5 (Reuters) - Ocado Group PLC OCDO.L : OCADO GROUP PLC - MAXIMUM SPEND AMOUNT RELATED TO TENDER OFFER OCADO GROUP PLC - MAXIMUM SPEND AMOUNT IS £700 MILLION Source text for Eikon: ID:nRSE0756Za Further company coverage: OCDO.L
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UK's Ocado falls after co extends debt maturity

BUZZ-UK's Ocado falls after co extends debt maturity ** Shares of Ocado Group OCDO.L , the British online supermarket and technology group, down 5.5% at 410p ** Co is extending the maturity of its debt by raising 600 mln pounds ($771.30 mln) in bonds due for 2029 repayment to finance a tender offer of existing bonds due in earlier years ** Says suc
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Ocado Group Pricing Of £250 Million Convertible Bond Offering

BRIEF-Ocado Group PLC - Pricing Of £250 Million Convertible Bond Offering Ocado Group PLC OCDO.L : OCADO GROUP PLC - PRICING OF £250 MILLION CONVERTIBLE BOND OFFERING OCADO GROUP PLC - PRICING OF £250 MILLION CONVERTIBLE BOND OFFERING OCADO GROUP PLC - TO RAISE £600 MILLION GROSS PROCEEDS OCADO GROUP PLC - BONDS CONVERTIBLE INTO ORDINARY SHARES
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UK Stocks-Factors to watch on July 30

UK Stocks-Factors to watch on July 30 July 30 - Britain's FTSE 100 .FTSE index is seen opening lower on Tuesday, with futures FFIc1 down 0.15%. * STANDARD CHARTERED: Standard Chartered STAN.L reported its pretax profit rose 5% in the first six months of the year, just ahead of analysts' estimates and announced its largest share buyback to date. * WPP: Britain's WPP WPP.L is set to pick former BT Group BT.L chief Philip Jansen as its new chair , the Financial Times reported, citing people familia
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Britain's Ocado moves to extend its debt maturities

Britain's Ocado moves to extend its debt maturities LONDON, July 29 (Reuters) - Ocado, the British online supermarket and technology group, is extending the maturity of its debt by raising 600 million pounds ($771 million) in bonds due for 2029 repayment to finance a tender offer of existing bonds due in earlier years. The group said on Monday it had launched an offering of 250 million pounds of guaranteed senior unsecured convertible bonds due 2029 and would also offer 350 million pounds of ste
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Ocado Group Announces Proposed Convertible Bond Offering

BRIEF-Ocado Group Announces Proposed Convertible Bond Offering July 29 (Reuters) - Ocado Group PLC OCDO.L : OCADO GROUP PLC - PROPOSED CONVERTIBLE BOND OFFERING OCADO GROUP PLC - LAUNCHES £250 MILLION CONVERTIBLE BOND OFFERING OCADO GROUP PLC - TO RAISE £600 MILLION IN GROSS PROCEEDS Source text for Eikon: ID:nRSc2677Ya Further company coverage:
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Ocado Group Announces Proposed High Yield Bond Offering

BRIEF-Ocado Group Announces Proposed High Yield Bond Offering July 29 (Reuters) - Ocado Group PLC OCDO.L : OCADO GROUP PLC - PROPOSED HIGH YIELD BOND OFFERING OCADO: LAUNCH OF OFFERING OF £350 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES DUE 2029 OCADO: OFFERING OF ABOUT £250 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF GUARANTEED
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Financial Times - July 29

PRESS DIGEST- Financial Times - July 29 July 29 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - UK Labour's tax pledge will test plan to cut North Sea emissions, warns Equinor boss - Ocado chief plans to retain group's stake in M&S joint venture - UK ports to demand compensation if post-Brexit trade barriers with EU are lowered - Kemi Badenoch enters Tory race with vow to renew party b
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B&M, LVMH, Ocado

EUROPE RESEARCH ROUNDUP-B&M, LVMH, Ocado July 24 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including B&M, LVMH and Ocado on Wednesday. HIGHLIGHTS * B&M BMEB.L : JP Morgan cuts target price to 469p from 471p * LVMH LVMH.PA : Jefferies cuts target price to EUR 690 from EUR 710 * Ocado OCDO.L : HSBC raises target price to 305p from 285p * SAP SE SAPG.DE : Jefferies raises target price to EUR 225 from EUR 210 * Tharisa Plc THST.L : Peel Hu
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Some sun, football and promotions fuel UK groceries spending, says NIQ

Some sun, football and promotions fuel UK groceries spending, says NIQ UK grocers sales up 3.6% yr/yr in 4 weeks to July 13 38% of branded goods sales made on promotion Ocado is fastest growing grocer, Asda the laggard By James Davey LONDON, July 24 (Reuters) - A week of hot summer weather at the end of June, England reaching the final of the Euro 2024 soccer championship and promotions on branded goods drove UK grocery sales over the last month, industry data showed on Wednesday.
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Ocado Launches First CFC In Spain With Alcampo

BRIEF-Ocado Launches First CFC In Spain With Alcampo July 23 (Reuters) - Ocado Group PLC OCDO.L : OCADO LAUNCHES FIRST CFC IN SPAIN WITH ALCAMPO Source text for Eikon: [ID:] Further company coverage: OCDO.L
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UK stocks close higher as investors weigh corporate updates, US politics

UPDATE 1-UK stocks close higher as investors weigh corporate updates, US politics For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 up 0.5%, FTSE 250 adds 0.3% Rentokil surges after report of takeover interest US economic data, corporate earnings on tap Updated at 1559 GMT July 22 (Reuters) - British stocks kicked off the week on a positive note following a slew of upbeat corporate updates, while investors weighed the impact of U
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UK's Ocado soars after Kroger orders new automated technologies

BUZZ-UK's Ocado soars after Kroger orders new automated technologies ** Shares of British online supermarket group Ocado OCDO.L up 7% at 405p ** U.S. partner Kroger KR.N placed order for a wide range of new automated technologies to roll out in warehouses across its network ** Kroger to implement Ocado's technologies across multiple Customer Fulfil
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Ocado boosted as partner Kroger orders new automated technologies

UPDATE 2-Ocado boosted as partner Kroger orders new automated technologies Kroger to roll out Ocado's On-Grid Robotic Pick Order follows Ocado raising guidance last week Ocado shares up 7.1% Adds shares in paragraph 3, analyst comment in paragraph 12 By James Davey LONDON, July 22 (Reuters) - British online supermarket and technology group Ocado OCDO.L said on Monday its U.S.
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UK Stocks-Factors to watch on July 22

UPDATE 1-UK Stocks-Factors to watch on July 22 Adds new items, updates futures July 22 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0 .7%. * ENTAIN: Global sports betting and gaming group Entain BT.L said Gavin Isaacs will take over as chief executive officer effective Sept. 2. * VODAFONE: Britain's Vodafone VOD.L has sold a further 10% stake in Vantage Towers for 1.3 billion euros ($1.41 billion), bringing its shareholding in the European mo
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Ocado partner Kroger orders new automated technologies

Ocado partner Kroger orders new automated technologies LONDON, July 22 (Reuters) - British online supermarket and technology group Ocado OCDO.L said on Monday its U.S. partner Kroger KR.N had placed an order for a wide range of new automated technologies to roll out in warehouses across its network. Ocado said the technologies include innovations such as On-Grid Robotic Pick (OGRP) and Automated Frameload (AFL), which will increase Kroger's efficiency and labour productivity.
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