Page 14 - Tim Steiner News Today

The speculated bid price of £8 today should not excite those who think a return to £28 is conceivable

It is still a little premature to launch a campaign to save Ocado for the nation and keep it out of the clammy hands of Amazon. No offer has been launched.…

Ocado Group topped Britain’s blue-chip share index as investors bought into speculation that Amazon was eyeing a takeover of its grocery technology business. S

A robotics start-up in which the online grocer Ocado is a sizeable shareholder is this weekend on the brink of collapse.

Karakuri, which was founded in 2018, is lining up the accountancy firm RSM to act as administrators after failing to secure new funding, Sky News learns.

Ocado Group plc (LON:OCDO – Get Rating) insider Tim Steiner purchased 37 shares of the stock in a transaction that occurred on Thursday, June 15th. The stock was acquired at an average cost of GBX 409 ($5.12) per share, with a total value of £151.33 ($189.35). Ocado Group Stock Up 7.4 % Shares of LON […]

Ocado Group plc (LON:OCDO – Get Rating) insider Tim Steiner acquired 37 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were bought at an average cost of GBX 409 ($5.12) per share, with a total value of £151.33 ($189.35). Ocado Group Stock Up 4.2 % Shares of OCDO stock […]

At some point Ocado shares may fly and make some lucky investors rich. They'd have to be brave to buy them today, though.

The online grocery delivery firm boomed in lockdown, but the easing of restrictions put it on the back foot as consumers returned to supermarkets.

The London-listed business faces a demotion from the top tier of listed firms next month, according to an advisory note from the LSE.