{"id":56748,"date":"2017-02-23T10:03:39","date_gmt":"2017-02-23T15:03:39","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56748"},"modified":"2017-02-23T10:03:39","modified_gmt":"2017-02-23T15:03:39","slug":"marshall-wace-bets-grocer-sainsbury-may-need-rights-offering","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2017\/marshall-wace-bets-grocer-sainsbury-may-need-rights-offering.html","title":{"rendered":"Marshall Wace Bets Grocer Sainsbury May Need Rights Offering"},"content":{"rendered":"<p>(Bloomberg) J Sainsbury Plc may need a rights offering as margins shrink amid fierce competition among U.K. supermarket operators, according to Marshall Wace LLP, a U.K. hedge-fund firm that\u2019s betting on a decline in the company\u2019s shares.  <\/p>\n<p>\u201cSainsbury\u2019s balance sheet leaves it in a precarious position,\u201d Marshall Wace wrote in a letter to investors sent Wednesday and seen by Bloomberg News. The company, one of Europe\u2019s biggest hedge funds, sees the \u201cpotential need for a rights issue if margins compress as we believe they will.&#8221; A Sainsbury spokeswoman declined to comment. <\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-22\/hedge-fund-marshall-wace-bets-sainsbury-may-need-rights-offering\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) J Sainsbury Plc may need a rights offering as margins shrink amid fierce competition among U.K. supermarket operators, according to Marshall Wace LLP, a U.K. hedge-fund firm that\u2019s betting on a decline in the company\u2019s shares. \u201cSainsbury\u2019s balance sheet [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56748","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=56748"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56748\/revisions"}],"predecessor-version":[{"id":56749,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56748\/revisions\/56749"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}