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Tesco (TSCO) Share News

UK WINNERS & LOSERS: Sainsbury's, Tesco Rebound From Morrisons Knock

14th Mar 2014 11:04

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>J Sainsbury</strong>, up 3.2%, and <strong>Tesco</strong>, up 0.9%. The food retai Read More

UK BROKER RATINGS: SocGen Raises IMI To Buy From Hold

14th Mar 2014 10:08

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES CUTS G4S PRICE TARGET TO 280 (290) PENCE - 'BUY' <br />----------<br />GOLDMAN RAISES PRUDENTIAL PRICE TARGET TO 1600 Read More

UK MORNING BRIEFING: Shares Open Lower; BP Gets US Bid Approval

14th Mar 2014 08:23

LONDON (Alliance News) - Shares have opened lower Friday on geopolitical worries ahead of the weekend, despite some good news for UK companies. <br /><br />The US government on Thursday decided to lift the ban on <strong>BP</strong> from federal government contracts imposed after the Deepwater Read More

MARKET COMMENT: FTSE 100 Closes Down For Fifth Consecutive Day

13th Mar 2014 17:28

LONDON (Alliance News) - The UK's blue-chip index ended the day in the red for the fifth consecutive day Thursday, with about GBP2.4 billion combined wiped off the values of the big three listed supermarkets after a terrible report from Wm Morrision Supermarkets. Morrisons announced a raft Read More

UK WINNERS & LOSERS: Supermarkets Plummet; G4S Falls Again

13th Mar 2014 11:59

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Barclays</strong>, up 2.7%. Numis has upgraded the bank to Add from Hold, increa Read More

MARKET COMMENT: UK Supermarket Price War Weighs FTSE 100

13th Mar 2014 10:54

LONDON (Alliance News) - Supermarkets are heavily underperforming within UK stocks Thursday after Morrisons joined the race to slash costs and cut prices, while European markets as a whole are trading mixed, lacking any clear direction after Wednesday's heavy falls. By mid-morning Thursday Read More

PRESS: Tesco Finance Director Set For Departure - Sky

10th Mar 2014 14:12

LONDON (Alliance News) - Britain's biggest supermarket chain Tesco PLC is said to have held senior level discussions about replacing Laurie McIlwee as finance director, Sky News reported on Sunday. McIlwee, who has served as the group's chief financial officer since 2009, could leave the co Read More

UK WINNERS & LOSERS: Mining Stocks Among The Biggest Fallers

10th Mar 2014 12:07

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS Rolls-Royce Holdings, up 2.9%. The group is the biggest riser on the blue-chip index after it said after the UK equity market Read More

PRESS: Morrisons Plans More Price Cuts, Property Sales - Sunday Times

10th Mar 2014 07:47

LONDON (Alliance News) - WM Morrison Supermarkets PLC is expected this week to announce price cuts and GBP500 million of property sales to combat discount rivals such as Aldi and ease shareholder worries, according to the The Sunday Times. The major British supermarket is poised to go a ste Read More

DIRECTOR DEALINGS: Tesco Executives Acquire Shares

3rd Mar 2014 15:23

LONDON (Alliance News) - Tesco PLC Monday said that the trustees of its "Plan" had bought shares for Chief Executive Officer Philip Clarke, Chief Information Officer Mike McNamara, and a group of other managers, under the Partnership Share Scheme at a price of 329.17 pence per share Friday.<br Read More

MARKET COMMENT: FTSE 100 Closes Lower As Earnings Season Nears Peak

26th Feb 2014 17:21

LONDON (Alliance News) - UK stock indices opened lower Wednesday and never recovered. While a busy day of corporate news provided some stand-out movers, a number of stocks going ex-dividend provided a drag, while a small downgrade to the UK's 2013 GDP numbers appeared to keep overall sentiment ne Read More

UK MIDDAY BRIEFING: ITV Punished For Not Paying Out More

26th Feb 2014 15:19

LONDON (Alliance News) - ITV reported higher profits and revenues for 2013 and gave a bullish outlook for 2014, but has seen its shares punished Wednesday after it failed to increase its special dividend. The television company raised its total dividend for 2013 to 3.5 pence, from 2.6 pence Read More

UK WINNERS & LOSERS: Contrarian Price Moves For ITV And Weir Shares

26th Feb 2014 12:24

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Weir</strong> Group, up 6.5%. Despite reporting a fall in profit and revenue fo Read More

MARKET COMMENT: Stocks Remain Suppressed As UK GDP Revised Lower

26th Feb 2014 10:40

LONDON (Alliance News) - The UK's main stock indices are lower Wednesday, weighed on by a number of disappointing corporate announcements, as well a revision downwards in the annual growth rate of the UK economy last year. By mid-morning Wednesday, the FTSE 100 is down 0.4% at 6,801.25, the Read More

UK MORNING BRIEFING: Shares Open Lower; ITV Down On Payout Level

26th Feb 2014 08:37

LONDON (Alliance News) - Shares have opened lower Wednesday ahead of UK GDP figures at 0930 GMT. <strong>ITV</strong> reported strong 2013 results and expressed confidence for 2014, but its shares are down 4.2% at the open on disappointment in the size of its special dividend.<br /><br / Read More

PRESS: Asda Hits Back In New Price War Sparked By Tesco - The Times

26th Feb 2014 06:55

LONDON (Alliance News) - Tesco PLC fired the opening salvo in a new supermarket price war Tuesday as it announced a multimillion-pound investment in price cuts, but big rival Asda immediately hit back, The Times reports Wednesday. Britain?s biggest supermarket was also forced to concede pub Read More

MARKET COMMENT: Global Stocks Continue Lower While European Commission Increases Growth Forecasts

25th Feb 2014 13:34

LONDON (Alliance News) - Stocks across the UK and Europe continue to trade firmly lower Tuesday, with the US markets looking set to offer little positivity at the opening bell. On Monday US stocks opened strongly, the S&P500 rallied to an all time intraday high, and boosted the FTSE 100 to its hi Read More

UK BROKER RATINGS: JPMorgan Raises View On Home Building Sector

21st Feb 2014 10:17

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES VODAFONE PRICE TARGET TO 275 (260) PENCE - 'BUY' <br />----------<br />UBS CUTS SMITHS GROUP TO 'SELL' ('NEUTRAL') - Read More

UK MIDDAY BRIEFING: Lloyds Appoints TSB Chairman Ahead Of London Listing

14th Feb 2014 13:06

LONDON (Alliance News) - <strong>Lloyds Banking Group</strong> has appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services regulators, as Chairman of TSB Bank, the bank it split out as a separate entity last year and is expected to list this year. Read More

TOP NEWS: Eurozone Economies Grow Faster Than Expected

14th Feb 2014 11:03

LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Lloyds Banking</strong> Group PLC appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services Read More

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