FT 11/04/19 | Vox Markets

FT 11/04/19

Lombard – Is Amazon the undoing of Tesco? Or is Tesco (TSCO) doing an Amazon? Grocer’s emphasis on loyalty scheme and app mirrors US giant’s ways

Indivior (INDV) indictment casts cloud over Reckitt Benckiser Group (RB.). Consumer goods giant sheds £3bn in market value over potential exposure to opioid charges

GardaWorld weighs bid for UK security group G4S (GFS). British company’s shares surge higher as Canadian rival considers approach

Throsby clashed with Staley over ‘sacrosanct’ Barclays (BARC) targets. Ousted head of investment bank thought chief executive’s goals could not be achieved

Lex – G4S (GFS)/Garda World: maple leaf rag. Canadian bid for security group unlikely to catch investors off guard

Lex – Stagecoach Group (SGC): take the bus. The profits from running rail are not worthwhile

Stagecoach Group (SGC) disqualified from 3 rail franchise tenders. Bus and train operator calls government’s franchising system ‘a mess’

Lex – Tesco (TSCO): rolls in the aisles. The prospect of share buybacks or special dividends should support the share price

Dunelm Group (DNLM) expects to surpass full-year profit forecasts. Homeware retailer reports surging online revenues as strategy shift reaps rewards

Tesco (TSCO) raises dividend after 4-year turnround success. Grocer on track to achieve margin targets during coming year

ASOS (ASC) profit shrivels in ‘disappointing’ half. Earnings tumble almost 90% but investors remain confident, pushing shares higher

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Mentioned in this post

ASC
ASOS
BARC
Barclays
DNLM
Dunelm Group
GFS
G4S
INDV
Indivior
RB.
Reckitt Benckiser Group
SGC
Stagecoach Group
TSCO
Tesco