Morrison (Wm.) Supermarkets plc ADR News
Walmart Agrees to Combine UK Division Asda With Sainsburys in $10 Billion Merger
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.
Walmart On Edge of UK Exit as Sainbury's Confirms Asda Takeover Talks
Walmart could be ready to retreat from Britain's fiercely-competitive grocery market as J Sainsbury plc, the country's second-biggest grocery store chain, confirms talks to buy the Bentonville, Arkansas-based group's Asda business.
Tesco's Recovery Could be a Good Sign for U.K. Retail Spending
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.
Amazon Tie-Up Keeps Morrisons Humming, But U.K. Retail Gloom Hits Shares
The fallout from Amazon's purchase of Whole Foods and Britain's broader retail gloom is pushing Morrisons shares lower
The Amazon Whole Foods Beast Sends Shares of France's Largest Grocer Crashing
Investors show concern that Amazon will flex might in European food market
European Supermarket Stocks Extend Declines After Amazon Cuts Whole Foods Prices
Amazon move heaps further pressure on sector
Ahold, Tesco Fall on Amazon's Whole Foods Price Cut
Supermarkets are under pressure.
The Aftermath of Amazon's Deal for Whole Foods Is Spreading Across the Globe
One European online grocer chimes in.
U.K. Consumer Malaise Hammers Domestic Retail Stocks
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.
Lululemon Stock Slides As Muted Holiday Sales Forecast, Inventory Build Cloud Q3 Earnings Beat
"The external environment remains challenging with several high-volume weeks still in front of us (but) I'm encouraged with the beginning of our holiday season," said CEO Calvin McDonald.
Broadcom Stock Jumps On Q4 Earnings Beat, Solid Near-Term Outlook
"Hyperscale spending continues strong, enterprise consumption continues strong and broadband deployment across North America, Europe and even parts of Asia continues their multiyear trend of growth," said CEO Hock Tan.
Tesla will briefly half production of its Model Y sedan in China over the final week of the year, Reuters reported Friday.
Tesla Prepping Short Model Y Production Halt In Shanghai As China Demand Fades - Report