Tag "Sainsbury"

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Analysis , News

Sainsbury: Two-pronged turnaround?

It may be a mixed trading update from Sainsbury this morning but traders like it nonetheless. The result is the shares +1.2%, in silver medal position on the FTSE100.  

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Companies announcing results next week

Tuesday Associated British Foods (Full year results) The last update in September showed a better-than-expected performance at high street clothing business Primark, although recent indicators have suggested some weakening in

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Companies announcing their results next week

Tuesday Costain (Q2 trading update) The share price has performed well over the last 12 months helped by a strong order book. The group aims to focus on winning contracts

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Companies announcing their results next week

Monday Clarkson (Q4 results) The company is a leading provider of specialist shipping services and has been growing its market share, as a result of its full-service client offering. However,

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Sainsbury’s trims dividend

The company noted that the market remains competitive and pricing pressures continue to impact margins and as a result, it now expects second half adjusted profits to be lower than

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Sainsbury’s CEO reports solid start to year

This morning, supermarket Sainsbur6’sy posted a fall in sales, as same store sales fell 0.8% like-for-like. However, investors should appreciate that this was above analysts’ expectations of a 1.7% decline.

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IG’s global market outlook for 2016

September 2016 is unlikely to be the end date for the ECB’s quantitative easing (QE) scheme. ECB President Mario Draghi has done a good job in talking down the strength

News

More working households now live below poverty line

The proportion of adults under 25 in poverty has risen sharply, according to a report published by the Joseph Rowntree Foundation, which has revealed a dramatic change in who is