GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 358.00
Bid: 357.70
Ask: 358.40
Change: -4.20 (-1.16%)
Spread: 0.70 (0.196%)
Open: 359.20
High: 361.90
Low: 355.60
Prev. Close: 362.20
OCDO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK WINNERS & LOSERS SUMMARY: Ocado Shares Up; Big AIM Risers Amid M&A

Mon, 02nd Nov 2020 11:01

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.

----------

FTSE 100 - WINNERS

----------

Ocado Group, up 8.3%. The online retailer boosted earnings guidance and unveiled two acquisitions. For the financial year to the end of November, Ocado has raised its Ebitda guidance and expects the figure to be over GBP60 million, compared to previous guidance of GBP40 million. This means a minimum of a 39% rise from GBP43.3 million the year before.

----------

J Sainsbury, up 2.6%, Tesco, up 2.4% and Just Eat Takeaway, up 2.9%. The trio are among those tipped to benefit from the latest UK lockdown. Ahead of the Spring lockdown, grocers were boosted by consumer stockpiling and food delivery firms like Just Eat Takeaway, received a helpful tailwind from restaurant restrictions that banned in-dining. Supermarkets will be allowed to stay open during the upcoming lockdown in England, and restaurants will be allowed to sell food for takeaway and delivery.

----------

FTSE 100 - LOSERS

----------

JD Sports Fashion, down 3.7%, and International Consolidated Airlines Group, down 2.9%. The non-essential retail sector will be forced to close high street units as a result of lockdown measures, hurting JD Sports, while the British Airways owner IAG will see already low levels of demand for international travel take a further hit due to the new restrictions, which ban overnight travel for non-essential reasons.

----------

FTSE 250 - WINNERS

----------

Carnival, up 6.9%. US health authorities late Friday issued a detailed set of requirements that would allow cruise ships to resume services as early as next month. The requirements for a "phased resumption" of cruise ship passenger operations were released by the US Centers for Disease Control & Prevention. This would include "simulated voyages to test cruise ship operators' ability to mitigate Covid-19 risk," the CDC said.

----------

FTSE 250 - LOSERS

----------

Serco, down 12%. The outsourcer was dealt a blow as the UK's Ministry of Defence renationalised the Atomic Weapons Establishment. AWE was managed by a joint-venture with Lockheed Martin and Jacobs since 2000. Serco and Jacobs each had a 24.5% stake in AWE and Lockheed 51%.

----------

Ibstock, down 6.2%. Deutsche Bank cut the brick maker to Hold from Buy.

----------

OTHER MAIN MARKET AND AIM - WINNERS

----------

Horizon Discovery, shares more than doubled. The life sciences firm agreed to a GBP296 million takeover from PerkinElmer, or 185 pence per share. Horizon shares closed at 88.8p on Friday. PerkinElmer has received irrevocable undertakings in respect to 21% of Horizon shares.

----------

LiDCO Group, up 71%. The medical devices firm agreed to a GBP31.1 million takeover from Masimo LHC. The 12p per share offer price is a 78% premium to LiDCO's 6.75p closing price on Friday. Masimo has received the support of 38% of LiDCO shares so far.

----------

OTHER MAIN MARKET AND AIM - LOSERS

----------

Pathfinder Minerals PLC, down 26%. Says the prospects of settling a dispute over a Mozambique licence with its former partners "have diminished" and company may seek recourse against the government of Mozambique. Pathfinder asserts Mozambique "acted improperly" and had no legal right to take away the licences from the company back in 2011.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
27 Jul 2023 10:34

IN BRIEF: Ocado Solutions CEO Jensen to depart; board member replaces

Ocado Group PLC - Hertfordshire-based online grocer and warehouse technology firm - Luke Jensen will step down as chief executive officer of Ocado Solutions on September 30, in order to focus on external non-executive director positions. Jensen has been CEO of Ocado Solutions since 2017. The division offers Ocado's grocery warehouse and delivery technology to other supermarkets.

Read more
27 Jul 2023 08:15

Luke Jensen stepping down from Ocado Solutions

(Sharecast News) - Technology-driven online grocer Ocado Group announced the upcoming retirement of Luke Jensen, the current executive director and CEO of Ocado Solutions, on Thursday.

Read more
24 Jul 2023 17:09

UK's FTSE 100 edges higher on gains in energy shares

Vodafone Group up after Q1 results

*

Read more
24 Jul 2023 16:59

LONDON MARKET CLOSE: FTSE 100 shakes off weak PMI readings

(Alliance News) - Blue-chip European equities took confidence from a decent open in New York, despite some less-than-stellar PMI data darkening the mood earlier on Monday.

Read more
24 Jul 2023 12:04

LONDON MARKET MIDDAY: China stimulus impatience keeps lid on sentiment

(Alliance News) - Equity prices in Europe were mixed heading into Monday afternoon, with a warning of the challenges facing the Chinese economy hurting investor sentiment at the start of a busy week of central banking action.

Read more
24 Jul 2023 08:48

LONDON MARKET OPEN: Lower start with eyes on trio of rate decisions

(Alliance News) - Stock prices in London opened largely lower on Monday as markets looked ahead to a week of interest decisions from three major central banks.

Read more
24 Jul 2023 07:51

LONDON BRIEFING: Stocks to open lower; Vodafone quarterly revenue dips

(Alliance News) - Stocks in London are set to open lower on Monday, ahead of a busy week focused on key interest rate decisions from the three major central banks.

Read more
24 Jul 2023 07:33

Ocado to receive £200m from AutoStore in patent dispute settlement

(Sharecast News) - UK online supermarket Ocado has won a £200m settlement from Norwegian company AutoStore after a three-year legal battle over 'robot' patents.

Read more
23 Jul 2023 09:51

Ocado to be paid GBP200m in deal to settle robot patent case

(Alliance News) - Online supermarket Ocado Group PLC is to be paid GBP200 million in a deal with Norwegian warehouse automation firm AutoStore AS, which accused it of breaching patents.

Read more
22 Jul 2023 14:41

AutoStore and Ocado reach deal to settle patent litigation claims

July 22 (Reuters) - Norwegian robotics firm AutoStore will pay 200 million pounds ($257.1 million) to British online supermarket group Ocado as part of a deal between the warehouse tech pioneers to settle all outstanding patent litigation claims, they said on Saturday.

Read more
22 Jul 2023 13:58

AutoStore, Ocado settle all patent litigation claims

July 22 (Reuters) - AutoStore Holdings and Ocado Group have reached an agreement to settle all patent litigation claims between them, the two firms said on Saturday. (Reporting by Anirudh Saligrama in Bengaluru; editing by Jason Neely)

Read more
21 Jul 2023 09:33

LONDON BROKER RATINGS: Jefferies raises Hargreaves Lansdown to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
19 Jul 2023 09:17

LONDON BROKER RATINGS: Exane raises Segro; Goldman likes Aston Martin

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
18 Jul 2023 17:27

European shares boosted by Novartis, telecom stocks slide

STOXX 600 up 0.6%, Swiss stocks outshine peers

*

Read more
18 Jul 2023 17:04

UK stocks end higher on US bank earnings cheer, homebuilders rally

Homebuilders log best day in five months

*

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.