Hints and tips:
...AutoStore will pay the UK-listed retailer £200mn as part of the deal over AutoStore’s ecommerce automation technology, Ocado said in a statement without giving a reason for the payment....
...The second is an article on Anglo-Greek wrangling over the return of Parthenon Marbles hoarded by the British Museum, written by George Parker et al....
...They included a group from an ambitious UK company called Ocado. The Anglo-Saxon town of Erith lies on the Thames estuary, in the south-east of London....
...For the year to the end of November, Ocado said on Tuesday, ebitda fell from £73mn to £61mn, matching analysts’ expectations, as the company ploughed money into five new warehouses as well as its technology...
...But profitability next year will be limited by investment, including recruitment, marketing and increased fees payable to parent company Ocado for the use of its technology....
...Both men had already admitted that they pitched Ocado-like services and technology to Waitrose and Marks and Spencer....
...Developed for Ocado’s use, the technology has been sold to supermarket groups including Aeon in Japan, Coles in Australia, Sobey’s in Canada and Monoprix in France....
...Ocado was last month accused of infringing robot technology patents by AutoStore, a Norwegian developer of warehouse automation systems....
...However, it has also faced legal action from Norwegian company AutoStore, which alleges that the UK group has violated its robot patents....
...Yet there are also a few outliers, such as £1.3bn Future PLC, the digital publisher, and Learning Technologies Group, a growing £910m provider of online learning and talent management for corporates....
...This will also be rebranded as Hipgnosis Songs Group. Words and Music administers the Big Deal catalogue as well as several third party catalogues....
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...You say Ocado, I say . . . Is Ocado a lossmaking supplier of basic groceries? Or a fast-growing supplier of robotic technologies? Until recently, opinions were divided....
...“Uncertainty around Homebase, Poundworld et al presents opportunity for B&M from both a property and a capacity withdrawal perspective....
...This was disproved by the trial of US v Zarrab et al, in which a Turkish banker and a gold trader were convicted of laundering Iranian oil and gas revenues....
...Amazonfresh v Ocado Brooke Masters has been comparing Amazon’s Fresh grocery delivery service, launched in the UK this week, with her regular home deliveries from Ocado. Fresh had one key flaw....
...Ocado suffered its biggest fall in more than two years on Thursday after the group’s top-rated analyst raised doubts about its earnings quality and technology value....
...Odey Asset Management has 0.23 per cent, mostly in its Allegra European Fund run by Feras Al-Chalabi....
...Grand Theft Oldie The release of Grand Theft Auto V shows computer games have matured from a cottage industry into a big business....
...well as Skype et al, with total UK mobile minutes now in decline in part due to this, so I doubt the entry of BT and Virgin Media will make a big difference to the overall environment.”...
...We have to familiarise ourselves with our character and Operation Anaconda, an operation in Afghanistan in February 2002 to target al-Qaeda....
...Joining from the California Institute of Technology, or Caltech, the Frenchman was educated at Ecole Nationale Superieure d’Arts et Metiers and received his PhD in civil engineering from Stanford University...
...They were enough to make Ocado the top performer on the FTSE 250, up 10.7 per cent to 131¾p....
...“Today’s news of a small discovery at Al Khairat-1, although promising, pales into insignificance when compared to the group’s larger scale operational issues,” said Canaccord....
...In other words, it isn’t as convinced as Mr Galloway et al of the L2 think tank that Facebook is about to become the key portal to the web community, and two-way interaction is the crucial part of that....
International Edition