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Tesco (TSCO) Share News

IN BRIEF: Selkirk prices IPO on AIM to raise GBP7.5 million as planned

4th Nov 2024 11:58

Selkirk Group PLC - London-based acquisition vehicle focused on consumer, technology and digital media sectors in the UK - Selkirk prices its initial public offering on AIM in London at GBP0.024 per share, giving the company a starting market capitalisation of GBP10 million. At that price, it will raise GBP7.5 million in the placing and subscription of shares that was run by Zeus Capital Ltd as part of the IPO, in line with the target it had set last month. Read More

Tesco set to return GBP700 million as completes bank sale to Barclays

1st Nov 2024 08:50

(Alliance News) - Tesco PLC on Friday said it has completed the sale of its banking operations to Barclays Bank UK PLC, as the UK supermarket chain also pressed on with a plan to return cash to shareholders. Read More

LONDON BRIEFING: Tesco seals bank sale to Barclays; boohoo names CEO

1st Nov 2024 07:53

(Alliance News) - The FTSE 100 is called to open flat on Friday, after a slump in New York, leaving London's flagship index set to register a negative week. Read More

J Sainsbury sells Argos credit cards portfolio for GBP720 million

31st Oct 2024 09:20

(Alliance News) - J Sainsbury PLC on Thursday said it has sold the credit card portfolio of its Argos general merchandise arm for GBP720 million, creating a partnership with buyer NewDay Group. Read More

IN BRIEF: Tesco picks Citi for next part of GBP1 billion share buyback

22nd Oct 2024 09:34

Tesco PLC - Welwyn Garden City, England-based supermarket chain - Contracts with Citigroup Global Markets Ltd to run the third tranche of Tesco's GBP1 billion share buyback. The third tranche will be worth GBP400 million. It will be completed by April next year. The second tranche of the buyback, which was run by Goldman Sachs International, was completed on Friday last week. In total, since the programme began in April, Tesco has bought back 188.3 million shares worth GBP600 million. All shares repurchased will be cancelled to reduce capital. Read More

IN BRIEF: Tesco Bank chief sells GBP2 million in Tesco shares

21st Oct 2024 10:04

Tesco PLC - Welwyn Garden City, England-based supermarket chain - Gerry Mallon, chief executive of Tesco Bank, sells 598,169 shares at GBP3.54 and GBP3.55, worth GBP2.1 million, on Wednesday last week. Read More

LONDON BROKER RATINGS: RBC lifts United Utilities but cuts Pennon

9th Oct 2024 09:37

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

LONDON MARKET CLOSE: Miners slide as Chinese stimulus hopes wane

8th Oct 2024 17:11

(Alliance News) - London's FTSE 100 nursed heavy losses on Tuesday, as the stimulus-driven rally in China ran out of puff, hitting miners and financial stocks exposed to the region. Read More

TOP NEWS: UK grocery price inflation hots up ahead of budget

8th Oct 2024 09:13

(Alliance News) - UK grocery price inflation picked up slightly in September, while Tesco PLC achieved its largest market share since 2017, according to data from Kantar on Tuesday. Read More

LONDON BROKER RATINGS: Jefferies cuts SSE, Barclays cuts Safestore

4th Oct 2024 09:44

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More

UK dividends calendar - next 7 days

3rd Oct 2024 15:45

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LONDON MARKET MIDDAY: Housebuilders boost FTSE amid declines elsewhere

3rd Oct 2024 11:55

(Alliance News) - Dovish remarks from Bank of England Governor Andrew Bailey helped to boost the FTSE 100's housebuilders on Thursday at midday, while grocers rose following a strong interim showing from Tesco. Read More

LONDON MARKET MIDDAY: Pound falls, housebuilders rise after BoE remarks

3rd Oct 2024 11:50

(Alliance News) - Stock prices in London were mixed at midday on Thursday, with grocers outperforming, while housebuilders headed higher after dovish comments from Bank of England Governor Andrew Bailey. Read More

TOP NEWS: Tesco in "good shape" as ups outlook after strong first half

3rd Oct 2024 09:34

(Alliance News) - Tesco PLC on Thursday raised its annual guidance as more shoppers flocked to the aisles of the UK's largest retailer. Read More

LONDON MARKET OPEN: Stocks mixed as BoE may get "bit more aggressive"

3rd Oct 2024 08:50

(Alliance News) - Stock prices in London opened both slightly up and slightly lower on Thursday morning as retailer Tesco reported a profit surge, although the pound dropped following pessimistic comments from Bank of England governor Andrew Bailey. Read More

LONDON BRIEFING: Stocks called up but Bank of England fears oil rises

3rd Oct 2024 08:21

(Alliance News) - The FTSE 100 was called to open higher on Thursday morning, in a sudden reversal of sentiment as market participants wait for UK, US and other regions' composite purchasing managers' index data. Read More

UK earnings, trading statements calendar - next 7 days

26th Sep 2024 15:55

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Sainsbury's sells ATM machines after offloading main banking business

25th Sep 2024 11:48

(Alliance News) - J Sainsbury PLC has agreed to sell its ATM machines to operator NoteMachine, as the chain sharpens its focus on the retail business after offloading its main banking arm. Read More

Union wins Supreme Court fight with Tesco over 'fire and rehire' plans

12th Sep 2024 10:54

(Alliance News) - A union has won a Supreme Court battle against Tesco PLC over so-called proposals to "fire and rehire" workers on less favourable terms. Read More

Microlise signs three new contracts with total value of GBP2 million

11th Sep 2024 15:26

(Alliance News) - Microlise Group PLC on Wednesday announced it has signed new contracts with Goldstar Heathrow Ltd, One Stop Stores Ltd and Romac Logistics Ltd, for a total value of more than GBP2 million. Read More

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