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SBRY - J Sainsbury News Story

303.1p 1.7  0.6%

Last Trade - 10:35am

Sector
Consumer Defensives
Size
Large Cap
Market Cap £7.03bn
Enterprise Value £12.30bn
Revenue £29.05bn
Position in Universe 150th / 1785

UPDATE 1-UK Stocks-Factors to watch on Sept. 16

Thu 16th September, 2021 7:34am
(Adds futures, news items)
    Sept 16 - Britain's FTSE 100  .FTSE  index is seen opening
21 points higher on Thursday, with futures  .FFIc1  marginally
up 0.16%.
    
    * IG: Online trading platform IG Group Holdings Plc  IGG.L 
reported a 4% drop in adjusted first-quarter revenue, as volumes
fell compared to high volatility seen last year when the
pandemic took markets by a storm.  urn:newsml:reuters.com:*:nL4N2QI1CE
    * PHILIP MORRIS: Cigarette maker Philip Morris International
(PMI)  PM.N  said it had received about 75% of Vectura  VEC.L 
shares from shareholders as part of a public tender offer
process to acquire the British company.  urn:newsml:reuters.com:*:nL4N2QI1AP
    * WICKES: British home improvement retailer Wickes Group
 WIX.L  raised its annual profit forecast, driven by strong
sales volumes through its digital channels.  urn:newsml:reuters.com:*:nL4N2QI1C9
    * CO-OPERATIVE GROUP: British supermarket group the
Co-operative Group  42TE.L  reported a first half loss and
warned the country's supply chain disruption would put pressure
on full year profit.  urn:newsml:reuters.com:*:nASN001NQP
    * SAINSBURY: British supermarket group Sainsbury's  SBRY.L 
will offer lower prices to customers, deepening ties with
shoppers and cutting costs.  urn:newsml:reuters.com:*:nL8N2QD0GP
    * GOLD: Gold prices inched lower as cautious investors
awaited signals on the U.S. Federal Reserve's timeline on
withdrawal of its pandemic-era stimulus, with analysts expecting
a further slide in prices on a formal announcement.  urn:newsml:reuters.com:*:nL1N2QI083
 
    * OIL: Oil prices climbed, extending the previous day's
solid gains after a larger-than-expected drawdown in crude oil
stocks in the United States.  urn:newsml:reuters.com:*:nL1N2QI07T
    * UK shares ended lower on Wednesday, weighed by industrial
and consumer discretionary stocks, after data showed British
inflation accelerated to a 9-year high, fuelling concerns of a
sooner-than-expected stimulus tapering by the Bank of England.
 urn:newsml:reuters.com:*:nL4N2QH1Z6
    
    * UK CORPORATE DIARY:   
 Galliford Try      GFRD.L      FY results
 IG Group           IGG.L       Trading update
 Ashtead Group      AHT.L       Q1 results
 Kier               KIE.L       FY results
 Hilton Foods       HFG.L       HY results
 C&C Group          GCC.L       Trading statement
 Wickes Group       WIX.L       HY results
 
    * For more on the factors affecting European stocks, please
click on:  LIVE/     
    TODAY'S UK PAPERS
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 

 (Reporting By Geetha Panchaksharam)
 ((geetha.panchaksharam@thomsonreuters.com))
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