
* Tesco, Sainsbury Morrisons not seen as cheap despite slump * Price war, change in consumer habits make forecasting hard By Francesco Canepa LONDON, Oct 3 (Reuters) - Investors are finding it increasingly hard to put a price on shares of Britain's supermarkets, as a fierce pric
* Paul Coyle charged with insider dealing * Alleged offences relate to trading in Ocado shares Feb-May 2013 * Morrisons sealed partnership deal with Ocado May 2013 * Morrisons says satisfied with governance (Adds detail, Morrison statement) LONDON, Sept 29 (Reuters) - Th
(Adds detail, Morrisons decline to comment) LONDON, Sept 29 (Reuters) - Britain's Financial Conduct Authority (FCA) has charged the former treasurer and head of tax at Morrisons, the country's No. 4 grocer, with insider dealing, it said on Monday. The financial watchdog said Paul Coyl
LONDON, Sept 29 (Reuters) - Britain's Financial Conduct Authority (FCA) has charged the former treasurer and head of tax at Morrisons, the country's No. 4 grocer, with insider dealing, it said on Monday. The financial watchdog said Paul Coyle has been charged with two offences contrary to S
** While supermarkets are among the heaviest shorted stocks in the UK, sellers seem to have missed a trick in avoiding Tesco . Chart: http://link.reuters.com/web92w ** Shares fall 8.5 pct as firm suspends employees after overstating H1 profits by 250 million pounds. ** Short-selling i
The vision behind Ocado is quite alluring, to create a dominant online grocery delivery service. Unfortunately, it does not seem to be working. Instead of supermarkets becoming dependent on it, which would allow the company to raise prices, its wafer thin margins are already under pressure due to th
The top tier index ended Monday's session marginally lower as strong gains by SABMiller helped to partially offset concerns about geopolitical tensions, the Scottish referendum, the latest Fed meeting and weak data from China. Ultimately, the FTSE closed 2.75 pionts lower at 6,804.21. "Trading in E
UK software group Micro Focus International is to merge with The Attachmate Group in a $2.4bn deal which "presents a rare opportunity to achieve a significant increase in the scale and breadth" of the business. The company also assured investors that its previously announced 60p-a-share (£84m) cash
UK consumer confidence remains fragile, making Home Retail Group's shares no better than a hold, Questor said in the Sunday Telegraph. The owner of Argos and Homebase's shares fell last week by saying DIY sales had fallen faster than expected. Argos sales are doing much better, helped by demand for
Aveva shares were tumbling on Friday after the group issued a profit warning. Currency movements and the timing of contract renewals had already been flagged, but the company also said that a sales force reorganisation and a softening of demand in some markets would also have an impact on numbers. A