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Sainsbury's reports second straight year of profit decline

LONDON, May 4 (Reuters) - British supermarket Sainsbury's beat forecasts for full year underlying profit but still reported a second straight year of decline, hurt by an ongoing industry price war. Sainsbury's, which has shown greater resilience to competition from German discounters Aldi

UPDATE 2-Argos owner faces wait for regulator's view on Sainsbury's takeover

* Home Retail agreed 1.4 bln stg Sainsbury's takeover in March * Says does not expect regulator feedback until August * Home Retail's 2015-16 profit falls 28 pct (Recasts with comments on competition regulator) By James Davey LONDON, April 27 (Reuters) - Argos-owner Home

Home Retail hit by impairment charge from Sainsbury's takeover

(ShareCast News) - Argos owner Home Retail Group reported a full pre-tax loss of £804m after taking a hit from a £852m impairment charge as a result of its £1.4bn takeover by Sainbury's. The loss compares with a £93.8m profit in the year to February 2015. Sales fell 1% to £5.68bn, with revenues from

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TOP NEWS: Home Retail Swings To Annual Loss Ahead Of Takeover

Argos-owner Home Retail profit slumps 28 pct

LONDON, April 27 (Reuters) - Argos-owner Home Retail , which last month agreed to be taken over by British supermarket Sainsbury's, reported a 28 percent fall in annual profit on Wednesday. The firm said it made an underlying pretax profit of 94.7 million pounds ($138 mln) for the year to F

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Earnings, Trading Statements Calendar - Week Ahead

PRESS: CVC-Qatar Group Abandoned "Secret" Sainsbury's Bid Plan - Sky

CVC, QIA and Brookfield drop secret bid plan for Sainsbury -report

EDINBURGH, April 16 (Reuters) - CVC Capital Partners , Qatar's QIA and Canada's Brookfield have abandoned a secret plan to bid for British supermarket group J.Sainsbury plc , Sky News reported on Saturday. The report could not immediately be verified. Sky said the trio had dropped a p

BROKER RATINGS SUMMARY: Berenberg Cuts Telecom Plus To Hold From Buy

Union Warns More Than 800 Jobs At Risk From Sainsbury's Shake Up

How will the National Living Wage impact UK stocks?

By Kit Rees LONDON, April 1 (Reuters) - Britain's National Living Wage, a higher minimum wage, came into effect on Friday and could hit the earnings of retailers, restaurants, pubs and outsourcing firms in particular. The National Living Wage starts at 7.20 pounds per hour for workers

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