Sainbury issued a promising trading statement last week but why no mention of margins? It's not alone with all the other multiples reluctant to cover margins in their quarterly updates. Good see that Marks gives them a mention.
Commentary at www.investorschampion.com

JP Morgan Cazenove today reaffirms its underweight investment rating on Sainsbury (J) PLC (LON:SBRY) and raised its price target to 260p (from 200p).

Most of the reports I have read, imply that this deal won't go through. JPM Caz seem to agree.

Not that I know anything about supermarkets but won't the deal involve a lot of shops being sold by each company due to competition ....Tesco and others are bound to make up a whole list of objections...wanting such an outlet to be sold...etc.....might take half a year to sort out.....and our supermarkets need to see things on a European scale, not just limiting themselves to the UK.....

Sainsburys got to think again.