|Day Low/High||9.78 / 9.86|
|52 Wk Low/High||9.79 / 17.70|
Walmart struggling U.K. subsidiary could be blocked from merging with a larger rival over concerns from the country's competition watchdog that the tie-up would lead to higher prices and a "poorer experience" for shoppers in Europe's second-largest market.
NEW YORK, Jan. 15, 2019 /PRNewswire/ -- J Sainsbury plc (OTCQX: JSAIY, JSNSF) Head of Investor Relations James Collins was interviewed by OTC Markets Group (OTCQX: OTCM) in its prominent OTCQX® Video Series.
The market is breathing a little easier after Apple's better-than-expected quarter. But it still must contend with a terrible quarter from Snap and what could be a disaster from Tesla on Wednesday evening.
Stocks finished lower as Wall Street processes a mega-merger between Sprint and T-Mobile US and as Walmart says it will sell its supermarket business in the U.K.
Global stocks kicked-off the week in a bullish mood Monday, with merger activity and a robust U.S. corporate earnings season helping boost markets in Europe and Asia and set up Wall Street for a positive start to the final trading day of the month.
U.S. stock futures are rising Monday, as Wall Street processes a mega-merger between Sprint and T-Mobile and as Walmart says it will sell its supermarket business in the U.K.
What happened to the weekend? These are the stories you need to catch up on your Monday morning commute.
Walmart retreats from Britain's fiercely-competitive grocery market as J Sainsbury plc, the country's second-biggest grocery store chain, confirms a $10 billion deal to merge the Bentonville, Arkansas-based group's Asda business.
Tesco said it would resume an interim dividend -- of 1 pence per share -- for the first time since December 2014 when the company found itself embroiled in an accounting scandal.
Investors show concern that Amazon will flex might in European food market
Amazon move heaps further pressure on sector
Supermarkets absorb news that Amazon will lower prices at Whole Foods Market.
J Sainsbury shares gained in early Tuesday trading after the supermarket reported better-than-expected first quarter sales.
Slumping U.K. consumer confidence, which fell to a one-year low Friday amid signs of a slowdown in spending, has sent domestic retail stocks into a tailspin.
Aided by favorable political news-flow and an absence of adverse economic or earnings data, Europe's benchmarks posted some of the strongest gains seen in the last two months.
Amazon's blockbuster buy of Whole Foods knocks down supermarket shares in Europe, as the big grocers fear the implications of the U.S. deal in their home markets.
European stocks rebounded with a bang Friday as recent central bank actions fell by the wayside and markets took heart from the latest bailout deal between Greece and the EU.
Premier Foods stock gained Monday after it said it had renewed its license agreement with Mondelez
Wm Morrison stock gained in early Thursday trading as sales growth gathered pace in the first quarter, with same-store sales up 3.4%.
Stocks were mixed across Europe as investors responded to the latest raft of corporate earnings while also remaining cautious ahead of the Federal Reserve
J. Sainsbury's posted modestly stronger full year earnings Wednesday even as sales rose by more than 12% in the country's fiercely competitive grocery store market.
Britain's biggest supermarkets see market share trimmed as competition from low-cost competitors heats up.
Ocado shares surged to their highest level of the year Tuesday after reports of a possible tie-up with Marks & Spencer.
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