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Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

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Share Price: 355.60
Bid: 357.00
Ask: 357.50
Change: 0.00 (0.00%)
Spread: 0.50 (0.14%)
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Prev. Close: 355.60
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Tuesday preview: Parliament, employment report in focus

Mon, 18th Mar 2019 12:45

(Sharecast News) - After House Speaker, John Bercow's, decision that the Prime Minister would be best advised not to pursue a third vote on her withdrawal proposal, global investors' attention is now likely be trained on Westminster all the more intensely.For some observers, the probability of a 'no deal' Brexit is now increased, but so too perhaps the potential political capital to be gained from avoiding such an outcome, which until recently many MPs appeared to see as a 'step too far'.It is against that backdrop that, at 0930 GMT, the Office for National Statistics is set to publish its employment report for the month of February.Commenting on the likely contents of that report, economists at Barclays Research told clients: "Recent survey data suggest that political uncertainty may now be weighing on job market as PMI, GfK and recruiter surveys signal increased expectations of rising unemployment."We expect the unemployment rate to remain stable at 4% in January but see upside risks in the coming months. We forecast core and headline earnings growth to remain steady at 3.4% 3m/y as surveys suggest wage growth plateauing around recent highs."On the corporate side of things, and for Ocado's trading update, Numis's Andrew Wade expects the online retailer to report retail sales growth of 6%, albeit versus a 12% increase one year ago.Furthermore, the fire at its customer-fulfilment-centre at Andover was expected to result in flat full-year sales in Retail, Wade said.Actions to compensate for the fire and a quicker ramp-up of its operations at fourth CFC meanwhile were expected to take a toll on operating profits in its retail arm.Tuesday 19 MarchFinalsTribal Group, TP ICAP, Zotefoams, Wood Group (John), Team17 Group, NAHL GROUP, Mears Group, JPJ Group, Ocean Outdoor Limited NPV (DI), Judges Scientific, Kape Technologies, Elecosoft, Learning Technologies Group, Antofagasta, Mortgage Advice Bureau (Holdings), Applegreen, BangoInterimsSCS Group, SoftcatTrading announcementASOS, Ocado GroupAGMsChenavari Toro Income Fund Limited NPV, Blue Prism Group, BB Healthcare Trust (Red), Sureserve GroupAnnual reportArrow Global GroupFinal Ex-Dividend DateSeplat Petroleum Development Company (DI)Final Dividend Payment DateBlackrock Income And Growth Investment TrustCC Japan Income & Growth TrustQuarterly Ex-Dividend DateTotal SAUK Economic AnnouncementsClaimant Count Rate (09:30)Retail Sales (09:30)International Economic AnnouncementsWholesale Price Index (GER) (07:00), ZEW Survey (EU) - Economic Sentiment (10:00), ZEW Survey (GER) - Current Situation (10:00), ZEW Survey (GER) - Economic Sentiment (10:00), Building Permits (US) (12:30)Housing Starts (US) (12:30), Factory Orders (US) (14:00)
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21 Apr 2024 16:47

Sunday newspaper round-up: IDS, Ocado, Foxtons

(Sharecast News) - Asset manager Redwheel told regulators they should reduce the UK postal service's legal obligations. The move followed a failed buyout attempt by Daniel Kretinsky for International Distributions Services, its parent company. The billionaire investor was said to be evaluating a possible improved bid. The company meanwhile has petitioned Ofcom to let it cut the number of days per week during which it must deliver second-class mail from six to two or three. That would save the company £300m and see it shrink its workforce by 1,000. According to Redwheel, as first reported by the Sunday Times, the enforced costs of its legal obligations left the company "vulnerable to corporate predators". - Guardian

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PRESS: Ocado facing call to shift listing from London - Telegraph

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LONDON MARKET CLOSE: New York stocks tumble as US data dashes cut hope

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10 Apr 2024 11:56

LONDON MARKET MIDDAY: European stocks get boost ahead of US inflation

(Alliance News) - Stock prices in London were higher at midday on Wednesday, despite some nerves centred around the latest US inflation rate reading, out this afternoon.

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8 Apr 2024 16:52

London close: Stocks rise at start of busy week

(Sharecast News) - London markets closed with gains on Monday as investors exercised caution ahead of key events later in the week.

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5 Apr 2024 17:31

London stocks log weekly declines on geopolitical, rate uncertainty

FTSE 100 down 0.8%, FTSE 250 off 0.7%

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London close: Stocks finish lower as US payrolls top forecasts

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.

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4 Apr 2024 17:04

UK stocks climb on boost from auto, mining stocks after upbeat data

Ocado drops as chairman to step down next year

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4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

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TOP NEWS: Ocado chair to step down to focus on NatWest role

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Ocado chair Haythornthwaite to step down next year

(Sharecast News) - Ocado said on Thursday that chairman Rick Haythornthwaite will be stepping down next year "due to his increasing commitment" as the recently-appointed chair of NatWest.

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London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

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