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SBRY 252.30 -7.40 (-2.85%)
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Bonus cuts at Sainsbury and M&S as goals missed
LONDON (Reuters) - The chief executives of major retailers J Sainsbury and Marks & Spencer have both taken cuts in their bonuses after failing to meet targets and as recession forces them to scale back growth plans.
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Sainsbury beats Tesco but still disappoints
J Sainsbury suffered a surprise slowdown in sales over the past three months, with its first-quarter performance coming in below analysts' expectations, despite the extra demand from the Diamond Jubilee celebrations.
Published in Company Comment on 13 June 2012  Motley Fool UK
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Stocks that could win gold at the Olympics
"The Olympics will not fundamentally boost earnings," he says, reminding investors of the "challenging consumer outlook and intense competition".
Split over Sainsbury's Westfield supermarket plans
Plans for a 55,000 sq ft Sainsbury's store in Westfield in Somerset have split the local community. Some are concerned that a store planned at St Peter's Park could take business away from nearby Radstock and Midsomer Norton and cause traffic problems.
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Tesco urged to shake up US business
Tesco is facing fresh calls to shake up its lossmaking US business from a group that works with US union-sponsored pension funds. The Change to Win Investment Group, which works with pension plans that serve the interests of the members of five US ...
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Small cap funds win recognition
Investment in smaller companies can be exceptionally rewarding. Not only do they tend to grow faster than larger businesses, they are often less well researched by professional investment analysts, so they are more likely to be undervalued.
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It's time to get over the gilt complex
The unending flight to quality in sovereign bonds has seen gilt prices soar and yields sink to levels that have rarely, if ever, been seen.
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The Week Ahead: Tesco & Carphone Warehouse
J Sainsbury (LSE: SBRY) will follow with a first-quarter update on Wednesday, and hopefully it will lend support to current forecasts for an even stronger dividend than Tesco's.
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Stock to Watch: Home Retail Group
This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall.
Nautical accepts Cairn buyout offer
Nautical Petroleum (NPE) has accepted a buyout offer from Cairn Energy (CNE) with a cash value of �414 million. Cairn is offering 450p per share in the independent oil and gas explore.
Looking For The Next Oil Takeover  Motley Fool UK
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