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Metro Inc (MRU.TO)

MRU.TO on Toronto Stock Exchange

43.03CAD
17 Aug 2018
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Tue, Aug 14 2018

Germany's Ceconomy sees results dented by Metro impairment

BERLIN, Aug 14 German consumer electronics retailer Ceconomy said quarterly earnings were dented by another impairment on its stake in Metro even as it reported that its strategy to push online sales and offer more services is bearing fruit.

BRIEF-Lafargeholcim acquires Denver-based ready-mix concrete company Metro Mix

* HAS ACQUIRED METRO MIX, LLC, A LEADING PROVIDER OF READY-MIX CONCRETE IN THE DENVER METROPOLITAN AREA IN COLORADO

Metro shares soar on signs of Russia revival

BERLIN Shares in Germany's Metro jumped the most in more than a year on Thursday after the retailer raised hopes that its shrinking Russian business had turned a corner despite a quarterly drop in profit and sales.

UPDATE 2-Metro shares soar on signs of Russia revival

* Shares jump 10 percent to two-month high (Releads on share jump, adds CEO and analyst comments)

Metro Q3 EBIT falls 38 pct amid Russia, Real market woes

BERLIN, Aug 2 German retailer Metro on Thursday said third-quarter operating profit plunged 38 percent, weighed down by its struggling Russian business and Real hypermarkets in Germany.

UPDATE 1-German union threatens further strikes at Metro's Real hypermarkets

* Real says sees no need to discuss pay with union Verdi (Recasts with further union comment, adds company comment)

Metro has no plans to sell Real hypermarket chain, CEO tells magazine

BERLIN Retailer Metro has no plans to sell its German hypermarket chain Real, Chief Executive Olaf Koch told a magazine in an interview published on Friday.

Metro has no plans to sell Real hypermarket chain, CEO tells magazine

BERLIN, July 13 Retailer Metro has no plans to sell its German hypermarket chain Real, Chief Executive Olaf Koch told a magazine in an interview published on Friday.

German union calls for strike by workers at Metro's Real hypermarkets

FRANKFURT, July 13 Labour union Verdi has called on 34,000 workers at Metro's Real hypermarkets in Germany to strike on Friday in protest over a wage agreement that it said would result in 23 percent lower pay for new hires.

Metro will correct Russia situation soon - CEO

FRANKFURT, June 4 The chief executive of Metro is hopeful that the German retailer will turn around its struggling Russian business soon, he said on Monday.

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