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...A bid of 360p a share would be a “reasonable take-out price”, he added. EP said Royal Mail was in a “challenging situation”....
...Two days later Alan Greenspan famously asked whether stock prices reflected “irrational exuberance”....
...Lower promotional prices in the period “positively impacted performance”, according to chief executive Alex Whitehouse, and prices will be cut on products including Loyd Grossman cooking sauces and Mr Kipling...
...J Sainsbury’s fresh plans to boost shareholder returns and cut a further £1bn in costs over the next three years drew a lukewarm response from investors on Wednesday after the supermarket chain also disclosed...
...Lex’s back-of-the-envelope calculations, based on sector price/earnings ratios, suggest a valuation of perhaps £100mn for Sainsbury’s Bank and under £600mn for Tesco....
...Rival J Sainsbury launched its rival scheme, Nectar Prices, in April. Sainsbury’s said at its half year results it had added more than 3mn Nectar card members since April. It now has 18mn members*....
...J Sainsbury was among the biggest fallers on the FTSE 100 on Wednesday after strong grocery sales failed to allay concerns over its struggling general merchandise business....
...Like, it is a sales tactic to say like, the problem I had is a problem I invented for myself that I have now solved for me and for you, with the price of four easy payments of whatever. And so . . ....
...A pioneering rewards card allowed Tesco to overtake rival J Sainsbury nearly 30 years ago. On Tuesday it was the latter’s turn to credit a loyalty scheme for rising market share....
...J...
...That would give them firepower in a price war. This would forestall any revival of populist anti-grocerism. Campaigns against Tesco in the noughties failed largely because its prices were too low....
...Letter in response to this article: UK cost of borrowing is higher for a reason / From J Paul Horne, Alexandria, VA, US...
...“Many of the medicines selected for price setting already have significant rebates and discounts due to the robust private market negotiation that [already] occurs,” said Stephen J Ubl, Phrma chief executive...
...New data on consumer prices will be published on Wednesday....
...In August, Wetherspoons pushed through a 5 per cent price rise in food prices according to people familiar with the details....
...At market close, the stock price was about £3.03 per share....
...On Monday J&J shares fell about 4 per cent — or $17bn — of value on fears the talc litigation could continue for years....
...UK supermarket chain J Sainsbury has forecast that its full-year profit will come in at the upper end of the range it had previously flagged after grocery sales in the first half rose by a tenth and its...
...Others think the share price reaction has been overdone....
...But a 7 per cent share price jump suggests relief more than anything else....
...The club’s executive chairman is one Daniel J....
...Pilot, which also operates the Flying J brand, sells fuel, food and merchandise to truckers and provides showers among other services....
...Křetínský’s bought stakes in supermarket chain J Sainsbury and London football club West Ham United....
...The strong performance from Tesco and M&S comes a day after rival J Sainsbury disappointed investors with weak general merchandise sales....
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