SFO report into Tesco out this week, claims broker
Supermarket chain may face hefty fines warns Cantor.
Company
LON:TSCO
Tesco - the leading supermarket in Britain With small grocery stores under the Tesco Metro brand name, big supermarkets outside cities (Tesco Extra) and 24-hour stores.
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Supermarket chain may face hefty fines warns Cantor.
Investments and investor services
The FTSE 100 Index ended the session 97 points higher at 5,876..
Tesco reported its first group like-for-like sales increase for more than four years
Investments and investor services
The Footsie recovered from a 5829 intra-day low to stand 89.32 points off at 5871
Discounter's UK sales revenue in the 13-week period rose 24.4% to £614.5mln
The FTSE 100 Index dropped 106.7 points to 5854 after Wall Street fell
The bomb attacks in Jakarta have hit travel stocks hard.
Group like-for-like sales in the 19 weeks to January 9 rose 0.4%
With food prices in decline, supermarkets are finding it hard to grow like-for-like sales, but it means the Bank of England is in no hurry to raise interest rates to combat inflation
Sainsbury dismayed City with lower same-store sales and lack of news on Home Retail
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Unusually, the majority of the big gains today were to be found among the FTSE 350 - especially the FTSE 100
FTSE100 was buoyed by retail stocks at lunch and investor sentiment seemed to be improving as the index climbed 1.6% higher.
Christmas trading updates from the retailers come thick and fast. In the US, Detroit will be showcasing lots of horseless carriages, while investors can't get enough of Wishbone Gold.
Sainsbury's was the only one of the Big Four supermarkets to grow share over Christmas while Tesco exceeded expectations
US-owned chain slashes prices to keep up with discounters
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On a week in which retailers came to the market, largely warned on trading and profitability and definitely failed to conquer, Barclays provided an antidote to the gloom with an upgrade to shares in Britain's largest grocer.
The weakness of resource stocks is threatening to spoil the Footsie's attempts to end the week on an upbeat note
A recovery in the oil price has not done much for Tullow and Ophir. Vectura surges on completion of a clinincal trial for VR315 in the US.
It has been a rough week but the Footsie is currently ending it on an upbeat note
Investments and investor services
The FTSE100 ended the day around 130 points lower at 5,944, tumbling below 6,000.
Footsie fell to 5916, about 100 points away from lows not seen since last August
Department stores do well but supermarket sales decline
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Shares in drug giants Glaxo and Shire should stay in fine heath this year, Barclays says
Investments and investor services
The FTSE100 ended the day 40 points, or 0.6% lower at 6,274.
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The index appears likely to end its run of eight straight daily falls,
The index appears likely to end its run of eight straight daily falls,
Investments and investor services
The FTSE 100 Index was around 1.5%, or 90 points, higher to 5,964
Tesco, Asda and Morrisons all saw sales slump in the 12 weeks to December 6.
Investments and investor services
The FTSE100 ended the day almost 15 points lower to 6,223.
Investments and investor services
Below are the main news-driven share price movements at 4pm.
Britain's blue-chips keep legal eagles busy; Topshop seeks to fatten the bottom line with Beyoncé; DMGT offloads Wowcher
Supermarket chain settles legal action launched by investors in US
Update: Comment added on Bezant and Galileo.
B&M warned "greater-than-budgeted" store opening costs had brought short-term operational challenges.
Sales at Tesco fell 2.5% in the 12 weeks to November 8
Sainsbury's said underlying pre-tax profit fell 17.9% to £308mln
Lewis says business rates and wage plans may create "lethal cocktail" of costs
Travel firms, car sales and Facebook,were among the eclectic topics brightening up a grey and dismal Guy Fawkes day.
The City expects Morrisons to provide an update on its turnaround plan
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Costa Coffee and Premier Inn owner Whitbread and Holiday Inn-owner Intercontinental Hotels Group did their best to boost the index.
As London's blue chips looked like they were heading in one direction - south - the rest of the City was focused on China's state visit..
Rob Collins, Waitrose’s retail director, will take over from Price.
Headline dividends totalled £27.2bn in third quarter of 2015, up 6.8%
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Two heavyweights came together on Monday, with JP Morgan Cazenove posting a note on much-in-the news miner and trader Glencore.
Tesco (LON:TSCO) is a regular In the most followed section, but today the chatter was about a revival as it revamped its price matching Price Promise scheme.
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Caution on the growth outlook and the lack of any increase in the number of hawks on the committee makes a rate hike this year unlikely
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Miners were the big risers of the day but Footsie finished flat at 6,325 after some volatile trading at the end of play.
Investments and investor services
The FTSE 100 Index lifted 41.87 points to 6368 in early afternoon trading
There was a mixed bag attracting interest in web world today...
Investments and investor services
The price of a barrel of Brent crude increased 1.5% to US$52.7
Profits more than halved in the first half of this year...
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Resource stocks returned to favour, pushing the top-share index into positive territory
The pressure is on for Tesco, after Sainsbury's surprised to the upside with its results last week.
Interim results are due on Wednesday and investors will look for improvement on last year’s horror show.
Tesco is far from out of the woods, according to Cantor Fitzgerald, which wants the retailer to set out its turnaround plans stretching forward to 2020.
News of lower US oil production capacity buoyed markets
Glencore CEO Ivan Glasenberg is reportedly ready to listen to takeover offers
The markets are expected to continue to react positively to a seemingly negative nugget of US data released last week.
Tesco and Vedanta catch the eye next week which kicks off with the Conservative party conference.
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Companies covered: HSBC, Learning Technologies Group, Sainsbury's, Tesco, Wolseley
Sainsbury's fuelled rise by forecasting annual profits above expectations
Investments and investor services
Sainsbury's forecasted annual profits above expectations
Supermarket chain said full-year pre-tax profit was set to top expectations
Investments and investor services
Unless you were a holder of resource stocks or supermarket shares, it was another glum day in the markets
Regulator said it did not expect deal to reduce competition
The supermarket group will receive net cash of £3.35bn, while overall debt will be reduced by £4.26bn.
South African billionaire Wiese said to be interested in UK supermarkets
Supermarket group names MBK Partners as preferred bidder, according to reports
Investors are taking money off the table ahead of the long weekend, and it is hard to blame them after a tumultuous week.
Spare a thought for China's richest man, who dropped more than US$3.6bn yesterday in the stock market crash.
Market research group Kantar Worldpanel says supermarkets have become used to pedestrian growth rates
The People’s Bank of China cut its main interest rate by from 4.85% to 4.6%, doing its bit to shore up confidence
Asda was hit hard by lower prices and slow growth which saw sales drop 2.7%.
Investments and investor services
In the UK, the FTSE 100 climbed 50 points by lunch to sit at 6,727.
ABF said Primark stores in Spain, Portugal and Ireland performed very strongly
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London’s stocks rallied strongly as George Osborne delivered the first Conservative Party Budget for twenty years.
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Footsie was 22 points higher at 6,454 despite another torrid night for shares in Asia and more uncertainty over Greece.
George Osborne delivered the first Conservative Party budget for 20 years.
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Footsie was 29 points lower at 6,591 having clawed back ground on talk of a Greek compromise..
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FTSE10O was lower as supermarkets and Greece were in focus.....
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The full weight of the Greek saga made its presence felt on Footsie at the close....
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US shares start positively despite Greece; Nike results cheer
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FTSE100 was 53 points lower at 6,755 as the Greece saga rumbled on.
Investments and investor services
Tesco is a top riser on the FTSE 350 by virtue of things getting worse at a slower rate than previously.
CEO Dave Lewis says it is a step in the right direction
FTSE 100 ends lower as reaches last chance saloon - again...
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Portuguese finance house BESI thinks Tesco needs a rights issue, but it would be a major shock were it to announce one on Friday
Investments and investor services
The Footsie ebbed in the afternoon as Greek debt negotiations took a turn for the worse, but the index still finished in positive territory.
Investments and investor services
London's blue chips are higher despite some last minute wrangling in the set-to between Greece and its pay-masters, but the mid-cap index takes some lumps.
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Traders stay optimistic about deal between Athens and Brussels
The morning's gains ebbed away as negotiations between Greece and its creditors took a turn for the worse
Investments and investor services
Tesco's new boss has followed the text-book by "kitchen sinking" everything in sight and putting non-core assets up for sale, but how is the core business doing?
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City firm Investec reckons Premier Foods (LON:PFD) is tasty and has upgraded the share to 'buy' from 'hold'. It also punts up the target price a tad - to 51p from 47p each.
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Britain's blue chips closed around 16 points higher, at 6,846 as gains were halted by news that Greek talks had stalled.
Investments and investor services
Investors took the news that Greece and its creditors are ramping up their discussions as a positive sign.
The Dow Jones climbed 72 points, or 0.4% to 18,069, while there were similar gains for the Nasdaq and the S&P 500.
Chain says strong food price deflation and competition hitting trading
Share-borrowing in big UK grocers has hit new highs in last few weeks, Markit says
the supermarket chain is lowering the price of 200 items as it battles an increase in popularity for discounters Lidl and Aldi.