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.
1014 stories · page 9 of 11
Till-roll data analysis by research firm Kantar Worldpanel showed Tesco's sales rose 1.6% year-on-year in the 12 weeks to December 4, taking its UK market share up to 28.3%, up from 28.0% a year earlier.
Investments and investor services
FTSE 100 shares extended gains in the second half of Tuesday to close comfortably up in tendem with record-breaking gains on Wall Street
HSBC was impressed by a very detailed presentation and recovery plan
FTSE 100 shares sank on Friday as gold miners were out of love in the midst of the rising dollar which hit yellow metal prices
"Industry growth of +1.1% was higher than the +0.2% in Oct, but adjusted for comps, growth rate was flat," said Macquarie
Investments and investor services
UK stocks ended higher on Tuesday but off their day’s best as speculation mounted over a December US rate hike
The shares, up 36% in the last year, added a further 6.05p to settle at 204.5p.
The betting group expects full-year operating profits to come in at the top end of forecasts after strong growth outside of the UK
Investments and investor services
FTSE 100 shares ended Monday firmer, as bank stocks gained on the prospect of higher global interest rates
FTSE 100 shares closed higher on Wednesday in a snap back from initial losses on news of Donald Trump's US presidential election victory
Tesco Bank admits hacking attack was more widespread than initially indicated. Life's a gas for Chevron on seventies North Sea find
Investments and investor services
FTSE 100 shares closed 1.7% higher on Monday as a sharp intraday gain came early in the session on news that US presidential candidate Hillary Clinton had been cleared by the FBI, and it remained on helium for the rest of the session. Minin
The investment arm of Deutsche Bank restated its ‘buy’ target and 280p a share price target.
Morrisons weighed in with better-than-expected underlying sales figures, which will come as a surprise to those speculators betting on the grocer's failure.
Themes of interest are how the turnaround is going and what is the impact of the weaker pound
In a note to clients, the American bank said that while valuations are inflating, input cost pressures are also “escalating”.
McGuire reckons cost saving will remain key to any upside for the share.
Last week it was the Unilever spat, now it emerges three former Tesco executives are to stand trial accused of fraud.
Builders and building materials
FTSE 100 stocks closed higher on Wednesday after fashion house Burberry bounced back
Latest figures show that Tesco, fresh from its ruck with Unilever, is back on the march
Investments and investor services
FTSE 100 shares were dragged lower by education publisher Pearson on Monday which plunged as much as 11% after it reported falling sales amid "challenging" trading
Details of an agreement struck late yesterday have not been publicly revealed after what ironically a very open argument, but if the market is any gauge as to who fared better, then Tesco won.
The group's results yesterday were sidelined by the Marmite-gate affair.
FTSE 100 shares closed back above 7,000 level on Friday after Tesco’s (LON:TSCO) trolley was ahead throughout the session.
FTSE 100 shares end down after a Brexit-linked spat between two blue-chip stocks sends their stock lower on Thursday
Archive
“Our key concern is that cash generation does not support [the] valuation,” the Wall Street investment bank said.
Tesco shares are trading at the higher end of an optimistic guidance, according to JP Morgan Cazenove.
Investments and investor services
IGas was on a charge after a milestone decision for the UK shale gas industry
“If Tesco's profit and loss [account] stopped at the operating line then we feel pretty convinced that we would be much more sanguine on the group's shares,” said Shore Capital’s veteran retail analyst Clive Black.
Analysing the supermarket's chart technical analyst Zak Mir told traders to watch out for a "golden cross" buy signal.
Main share price risers and fallers in London at 3.15pm
The top-share index spurned another chance to hit an all-time high.
Archive
ITV and Inmarsat were the only two media and telecoms firms downgraded by Barclays in its latest note on the industry
According to one City heavyweight, the answer is a resounding yes.
Investments and investor services
FTSE 100 shares had a good start to the fourth quarter, helped by good manufacturing data and hopes that the pound's sharp fall on Monday will help exporters
Retail titans dominate the corporate schedule this week
Archive
An early look at some City analyst views on Monday morning
The broker Credit Suisse this morning provided an in-depth look at the grocers and gave its take on just which of the biggies will prosper in the current environment.
While there are still some ‘buyers’ out there, the majority (eight out of 12 analysts polled by the Broker Forecasts site) have either ‘sell’ or ‘neutral’ recommendations on the online shopping specialist.
Builders and building materials
London’s blue-chip stocks rose and ended just shy of their highest point of Thursday, up 0.9% at 6,730 after gains by supermarkets as well building firms after the government’s nod to construction of nuclear power station Hinkley Point C
Tim Martin's big Brexit regret, Mike Ashley's unexpected allies, and the Tesco fraud trio charged.
The Serious Fraud Office has charged three former Tesco (LON:TSCO) executives with fraud following the profits warning in 2014 that plunged the supermarket chain into chaos.
Tim Mason launched the Tesco Clubcard and was the former boss of the supermarket giant’s failed Fresh & Easy venture
The retail billionaire’s new £100mln yacht was renamed ‘BHS Destroyer’ by a TV comedian, and Christmas has come early for some UK supermarkets
UK shares closed higher on Tuesday, as miners once again outperformed other stocks, along with housebuilders and grocer Tesco, while the FTSE 250 index headed to May 2015 highs
London's blue chip index was 46 points higher at 6,874
Tourists visiting Britain went on a spending binge last month, with the Japanese visitors proving particularly profligate.
Supermarket WM Morrison Supermarkets PLC could announce as soon as Tuesday morning that it has reached a deal to take capacity at an Ocado warehouse in Erith, Kent, according to media reports on Monday
Archive
Analyst Anna Mulholland said that free cash flow yields for the sector now average 14% and 16% this year and next respectively and among the broker's top picks - Rio Tinto (LON:RIO), Acacia (LON:ACAA) and Vedanta (LON:VED) are yielding abov
Archive
London’s FTSE 100 closed down on Wednesday in a repeat of the previous session’s gyrations over the ongoing Brexit vote shock
Investments and investor services
The FTSE 100 Index reversed modest gains to stand 103.29 points adrift at 6442.08
The FTSE 100 Index increased 11.54 points to 6556.91
Kantar Worldpanel suggested Brexit uncertainty would not hit sales to any great degree.
London’s FTSE100 closed firmly higher, anticipating a Remain victory in Britain’s European Union referendum on Thursday
Traders are betting that the Brexiters will be vanquished in today’s plebiscite, though of course, the plebs may yet vote the “wrong” way.
More than 45mln voters are eligible to have a say and many have done so already, reportedly.
Pricing pressure remains a feature with deflation knocking around 0.7 percentage points off Tesco's 0.3% LFL sales growth in the UK
The FTSE 100 up 40 points on the morning of the EU referendum.
Drastic Dave has been in the hot seat at Tesco for almost two years
Archive
Poundland and Tesco have both been downgraded today, while brokers disagree on the prospects of Imperial Brands…
Elsewhere, one of the biggest diamonds ever to come out of Russia has just been discovered
The pruning of assets at cash-strapped supermarket giant Tesco continues
Archive
UK newspapers all pay tribute to MP Jo Cox who was murdered on Thursday, while in business, MPs call for the National Grid to be split up
Having held its own for most of the week, the top shares index finished down on the week, laid low by fears over a UK exit from the European Union
“The disposal of Giraffe was thought to be off the table, so the apparent change of heart suggests a level of desperation," said Jasper Lawler, analyst at CMC Markets.
Investments and investor services
All but two of the top-share index's constituents were in the red
UK shares finished lower as big cap miners fell down a hole, US stocks started weaker and there were further concerns about a slow down in China
London investors were in subdued mood on the back of more disappointing data out of China.
Amazon has plans to roll out its Fresh service throughout the UK
Supermarket chain's first quarter like-for-like sales fell 0.8% excluding fuel and by 1% including fuel
The FTSE 100 Index closed 24.02 points up at 6209.63
Archive
A look at some broker upgrades and downgrades on the day
Tesco racked up the smallest fall in sales among the UK’s “big four” chains in the last three months
The FTSE 100 Index kept most of its early gains, standing 33.8 points ahead at 6253 by lunchtime
Taking its lead from Wall Street, the Footsie moved gently into positive territory
Tesco AGM set for Brexit day. Fracking approved in Yorkshire and Manu makes a mint
Archive
Also, Tullow Oil, Astra Zeneca, Next, Armadale Capital, Eland Oil...
As if the UK retail sector hadn't had enough coverage last week, it's now the turn of Sainsbury's....
Archive
Poundland, JD Sports, Tesco, Johnson Matthey, and Imagination Technologies were all in Thursday’s broker spotlight.
There has been lots of legal wrangling today, affecting Churchill Mining, Kimberly, Providence Resources, Lansdowne Oil & Gas and SeaEnergy
Main share price risers and fallers in London at 4.00pm
Investments and investor services
The sharp increase in Chinese exports has done wonders for big-cap miners but has had little impact on London's Aim-listed growth comanies
Supermarket chain made a statutory operating profit to £1.05bn against a loss of £5.75bn last time
Investors will want to know how Tesco’s performance stacks up against discounting rivals Lidl and Aldi, as well as main market competitors like Sainsbury, Asda and Morrisons.
Archive
Alibaba plans to buy about US$500mln of new shares in Lazada
Life sciences company boosted gross product revenue by 154% to $7.1mln
Archive
Great news for the pension funds of UK PLC if Barclays is right about BP's dividend. Also covered: Gemfields, Tesco, Anglo American
Investors likely to look for news on project progress
Tesco managers told to be nicer, Donald Trump a 'global risk' and FTSE 100 casualties.
Archive
The FTSE 100 ended in the red, weighed down by big payers Astra, Glaxo and Shell going ex-dividend.
US-owned supermarket chain's revenue dropped 5.8% over the final three months of 2015
Investments and investor services
The FTSE 100 Index fell 34 points to 5,996 after Chinese inflation hit its highest point since last September
Archive
Are we looking at a new dawn for shares in Britain's largest retailer?
Investments and investor services
It was the top-share index's best day since August of last year
FTSE100 continued to build on gains as US futures point to a positive open Stateside and Rolls Royce (LON:RR.) cheered the market.
Tesco has its best sales since September last year, but they still fell 1.6% in the 12 weeks to January 31
Archive
FTSE100 closed 50 points down as traders were put off equities....
Archive
Fund manager says it now backs supermarket's £1.3bn bid for catalogue retailer
Supermarket chain "knowingly delayed payments to suppliers", regulator claimed
