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SBRY 263.65 +1.15 (0.44%)
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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.
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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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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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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.
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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.
Dividend-growing firms drive global equity income fund
A new award has been added to the Money Observer trophy cabinet this year for the best global equity income fund. Historically, while growth investors have been well served by a panoply of overseas equity funds, income seekers have mostly been limited ...
New World Oil & Gas dips despite upbeat CPR
New World Oil and Gas (NEW) shed more than 5% despite receiving a positive update regarding the Blue Creek Project, located in the productive Pet�n Basin in north-west Belize.
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5 Shares Held By A Top Investor
Why Barratt Developments Plc, SKY PLC, Legal & General Group Plc, Marks and Spencer Group Plc & Old Mutual plc Are Soaring · Should You Buy NEXT plc, Ted Baker plc Or Jimmy Choo PLC?
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Jubilee Special: 60 Years Of Telecoms
When it comes to telecommunications ('telecoms'), Britain has led the world. For example, the world's first telephone call was made by Scottish scientist Alexander Graham Bell, while the first trans-Atlantic telegraph cable was laid in 1866, followed ...
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