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Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
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Share Price: 355.60
Bid: 357.00
Ask: 357.50
Change: 5.60 (1.60%)
Spread: 0.50 (0.14%)
Open: 352.00
High: 378.90
Low: 350.70
Prev. Close: 350.00
OCDO Live PriceLast checked at -

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Sector movers: Tesco boosts food retailers as investors welcome CEO change

Mon, 21st Jul 2014 15:00

A profit warning from Tesco sent many UK supermarket stocks lower on Monday, but investors in the firm itself seemed to celebrate the appointment of a new boss, sending shares in the grocery giant higher.Tesco, the largest retailer in Britain and second-largest in the world with a market capitalisation of £23.6bn, was trading over 2% higher in afternoon trade.The stock's gains helped the UK food and drug retail sector in London to the top of the pile, offsetting falls in the shares of rival chains J Sainsbury and Wm Morrison, as well as online grocer Ocado.Tesco announced this morning that Chief Executive Officer (CEO) Philip Clarke, who has run the company since 2011, would be leaving later this year and will be replaced by Dave Lewis, a director at BSkyB who is also the President of Unilever's Personal Care division.The move comes as the grocery giant said current trading conditions "are more challenging than we anticipated" at the time of its first-quarter update in early June. It said the overall market is weaker and recent investments to cut prices and improve customer loyalty mean that sales and trading profit in the first half are "somewhat below expectations".Jonathan Jackson, Head of Equities at Killik & Co, believes that today's news is positive for Tesco, saying: "The current CEO has lost the confidence of many in the market, and a change is likely to be seen as the best move for the company."However, the gloomy assessment of current trading is likely to have dampened sentiment amongst investors or other retailers, who have also been struggling with the rising popularity of discounter chains such as Aldi and Lidl, along with the ongoing resilience of higher-priced Waitrose.Top performing sectors so far todayFood & Drug Retailers 3,707.18 +0.90%Technology Hardware & Equipment 1,021.14 +0.38%Mining 17,677.69 +0.35%Gas, Water & Multiutilities 6,032.41 +0.32%General Industrials 4,056.66 +0.13%Bottom performing sectors so far todayIndustrial Metals & Mining 1,215.64 -1.46%Oil Equipment, Services & Distribution 23,632.17 -1.38%Tobacco 39,815.17 -1.15%Real Estate Investment & Services 2,565.35 -0.93%Electronic & Electrical Equipment 3,729.09 -0.87%BC
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26 Feb 2024 16:54

LONDON MARKET CLOSE: Stocks fall as US inflation data looms

(Alliance News) - The FTSE 100 closed lower on Monday, with miners and housebuilders on the decline, though there was some dealmaking impetus among smaller London listings.

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26 Feb 2024 15:11

London close: Stocks fall as investors look to US data

(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.

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26 Feb 2024 11:08

M&S withholding multi-million pound payment to Ocado over performance failures

(Sharecast News) - Ocado slumped on Monday following a report over the weekend that Marks & Spencer is withholding a multimillion-pound payment to the group after their grocery delivery venture missed key performance targets.

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22 Feb 2024 14:26

UK earnings, trading statements calendar - next 7 days

Friday 23 February 
City of London Investment Group PLCHalf Year Results
Irish Residential Properties REIT PLCFull Year Results
Standard Chartered PLCFull Year Results
Monday 26 February 
Base Resources LtdHalf Year Results
Bunzl PLCFull Year Results
EnSilica PLCHalf Year Results
Kosmos Energy LtdFull Year Results
Made Tech Group PLCHalf Year Results
Tristel PLCHalf Year Results
Tuesday 27 February 
abrdn Equity Income Trust PLCFull Year Results
abrdn PLCFull Year Results
Croda International PLCFull Year Results
Kitwave Group PLCFull Year Results
McBride PLCHalf Year Results
PCI-PAL PLCHalf Year Results
Smith & Nephew PLCFull Year Results
Synectics PLCFull Year Results
Uniphar PLCFull Year Results
Unite Group PLCFull Year Results
Wednesday 28 February 
AB Dynamics PLCTrading Statement
ASA International Group PLCTrading Statement
Aston Martin Lagonda Global Holdings PLCFull Year Results
Avingtrans PLCHalf Year Results
Bluefield Solar Income Fund LtdHalf Year Results
Derwent London PLCFull Year Results
Glenveagh Properties PLCFull Year Results
Grit Real Estate Income Group LtdHalf Year Results
Harmony Energy Income Trust PLCFull Year Results
Hutchmed China LtdFull Year Results
International Personal Finance PLCFull Year Results
Just Eat Takeaway.com NVFull Year Results
Primary Health Properties PLCFull Year Results
Reckitt Benckiser Group PLCFull Year Results
Renewables Infrastructure Group LtdFull Year Results
RHI Magnesita NVFull Year Results
St James's Place PLCFull Year Results
Taylor Wimpey PLCFull Year Results
Thursday 29 February 
Cairn Homes PLCFull Year Results
CVS Group PLCFull Year Results
Drax Group PLCFull Year Results
Faron Pharmaceuticals LtdFull Year Results
Haleon PLCFull Year Results
Hammerson PLCFull Year Results
Howden Joinery Group PLCFull Year Results
Hunting PLCFull Year Results
International Biotechnology Trust PLCFull Year Results
London Stock Exchange Group PLCFull Year Results
Macfarlane Group PLCFull Year Results
Man Group PLCFull Year Results
Mobico Group PLCFull Year Results
Nexus Infrastructure PLCFull Year Results
Ocado Group PLCFull Year Results
PPHE Hotel Group LtdFull Year Results
Schroder Oriental Income Fund LtdFull Year Results
Schroders PLCFull Year Results
Serco Group PLCFull Year Results
Shaftesbury Capital PLCFull Year Results
Spectris PLCFull Year Results
Spire Healthcare Group PLCFull Year Results
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Weir Group PLCFull Year Results
  
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30 Jan 2024 09:02

TOP NEWS: UK grocery price inflation slowdown pauses in January

(Alliance News) - UK consumers continued to hunt for deals during their supermarket shopping in January, numbers from Kantar on Tuesday showed, but more limited promotional activity meant price inflation only eased slightly.

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30 Jan 2024 09:01

LONDON MARKET OPEN: Stocks up; UK grocery price inflation cools

(Alliance News) - Stock prices in London opened higher on Tuesday, after new data showed that UK grocery price inflation eased in January.

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16 Jan 2024 16:17

London close: Stocks finish lower as wage growth eases

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.

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16 Jan 2024 12:00

Britain's Ocado Retail pauses new sites for two to three years

Hatfield site closed in 2023, Luton opened

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16 Jan 2024 11:58

LONDON MARKET MIDDAY: FTSE 100 falls despite cooler UK wage growth

(Alliance News) - The FTSE 100 in London was down at midday Tuesday, as investors nervously eye Wednesday's UK inflation data and what it will mean for interest rates.

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16 Jan 2024 09:08

Britain's Ocado Retail won't open new sites in next 2 to 3 years -CEO

LONDON, Jan 16 (Reuters) - British online supermarket Ocado Retail is currently operating at about 75% of its capacity and does not expect to open any new robotic warehouses in the UK for two to three years, its boss said on Tuesday.

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16 Jan 2024 08:50

Ocado Retail CEO: Red Sea disruption impact will be minimal

LONDON, Jan 16 (Reuters) - The chief executive of Ocado Retail said she is not expecting to see much impact on the British online supermarket from disruption to shipping in the Red Sea.

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16 Jan 2024 08:48

LONDON MARKET OPEN: FTSE 100 in red; UK wage growth cools

(Alliance News) - The FTSE 100 in London opened lower on Tuesday, after data showed that wage growth in the UK slowed in the three months to November.

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16 Jan 2024 08:30

TOP NEWS: Ocado celebrates record Christmas trading; outlook rosy

(Alliance News) - Ocado Group PLC on Tuesday said it is confident its "encouraging momentum" will continue over 2024, forecasting further sales growth as it hailed a record Christmas trading period.

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16 Jan 2024 08:26

Britain's Ocado Retail returns to positive earnings in 2022/23 year

Q4 2022/23 revenue up 10.9%

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16 Jan 2024 07:37

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

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