|Bid||0.00 x 1003200|
|Ask||0.00 x 250000|
|Day's range||247.70 - 251.00|
|52-week range||177.60 - 251.10|
|PE ratio (TTM)||19.18|
|Earnings date||14 Sep 2017|
|Dividend & yield||0.07 (2.15%)|
|1y target est||220.63|
Asda, the British supermarket arm of Wal-Mart Stores, is considering a 4.4 billion pounds ($5.7 billion) takeover of B&M European Value Retail , the discount retailer run by the billionaire Arora brothers, The Sunday Times reported. The newspaper said Asda, which trails market leader Tesco (Swiss: TSCO.SW - news) and Sainsbury’s in annual sales, is in the early stages of assessing a bid for B&M, which is chaired by Terry Leahy, the former chief executive of Tesco (Frankfurt: 852647 - news) . It said Asda has commissioned external research on B&M and cited an unidentified industry source as saying that buying B&M would reduce Asda’s reliance on food sales and provide it with a network to stock its George clothing range.
Royston Wild looks at two stocks with very different growth profiles.
A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** 5-star analyst Exane BNP Paribas raises Wm Morrison Supermarkets to "outperform", pointing out attractive ...