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Tesco (TSCO) Share News

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Tesco shares fall as sales growth undermined by rising cost pressures

5th Oct 2022 14:34

(Alliance News) - Tesco PLC's shares were coming under pressure in London on Wednesday, with investors unhappy with its interim update - showing the firm is struggling to cope with cost inflation. Read More

LONDON MARKET MIDDAY: Cautious trade as eyes turn to US jobs report

5th Oct 2022 12:00

(Alliance News) - London's FTSE 100 buckled in midday trade on Wednesday, paring some of the week's decent gains, ahead of an oil output decision by major producers, and following a speech by under pressure UK Prime Minister Liz Truss. Read More

TOP NEWS: Tesco lifts interim dividend by 20% despite plunge in profit

5th Oct 2022 08:54

(Alliance News) - Tesco PLC on Wednesday reported steady growth in interim trading, but profit was stung by a "hefty impairment charge", which is the cost of some price reductions due to increased competition from low-budget grocers Aldi and Lidl. Read More

LONDON MARKET OPEN: Stocks lower ahead of OPEC+ meeting

5th Oct 2022 08:53

(Alliance News) - Stocks in London returned some of Tuesday's gains on Wednesday morning, ahead of a key meeting from the world's oil-producing nations, which could see cuts in output to bolster the price of oil. Read More

LONDON BRIEFING: Stocks called lower; Tesco profit hit by impairment

5th Oct 2022 07:42

(Alliance News) - Stocks in London were called lower on Wednesday, ahead of UK Prime Minister Liz Truss' keynote speech at the Conservative Party conference, and a key meeting of the world's oil-producing nations. Read More

UK earnings, trading statements calendar - next 7 days

28th Sep 2022 16:04

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LONDON BROKER RATINGS: Barclays cuts Old Mutual and Mediclinic

28th Sep 2022 09:42

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

Supermarket Income REIT buys 20-acre site in Bristol for GBP84 million

26th Sep 2022 10:10

(Alliance News) - Supermarket Income REIT PLC on Monday announced it has bought a 20 acre site in South West England's largest city. Read More

Supermarket Income buys South Wales Tesco store for GBP66.8 million

14th Sep 2022 08:48

(Alliance News) - Supermarket Income REIT PLC on Wednesday said it has bought a Tesco PLC supermarket in Llanelli, South Wales for GBP66.8 million. Read More

LONDON MARKET MIDDAY: Stocks on front foot heading into US inflation

13th Sep 2022 12:01

(Alliance News) - The market mood was upbeat on Tuesday, heading into a key US inflation release, with investors hopeful the reading will show a further easing of price pressures. Read More

TOP NEWS: UK grocery price inflation sets new record high of 12%

13th Sep 2022 09:34

(Alliance News) - UK grocery price inflation has hit a record pace, prompting customers to switch to low-cost supermarkets and own-label ranges, according to survey figures from data analytics firm Kantar. Read More

LONDON MARKET OPEN: FTSE 100 hovers as Ocado and other grocers fall

13th Sep 2022 08:57

(Alliance News) - Stocks in London were treading water early Tuesday ahead of a key US inflation reading in the afternoon. Read More

LONDON MARKET CLOSE: Stocks in the green; pound and euro stronger

12th Sep 2022 17:01

(Alliance News) - Stocks in London closed in the green on Monday, with the FTSE 100 lifted by a strong performance from retailers like Tesco, Kingfisher, and Sainsbury. Read More

LONDON MARKET MIDDAY: Mood optimistic as eyes turn to US inflation

12th Sep 2022 11:59

(Alliance News) - Stocks in London made headway on Monday morning as investors looked ahead to some key economic indicators, chiefly a US inflation reading due on Tuesday that is expected to show softening price pressures. Read More

Jefferies downgrades UK retailers amid consumer energy bill pressure

6th Sep 2022 17:51

(Alliance News) - Jefferies painted a bleak picture for the UK retail sector on Tuesday, downgrading various high street stalwarts ahead of "multiplying consumer pain". Read More

LONDON BROKER RATINGS: Jefferies cuts Tesco and Sainsbury to hold

6th Sep 2022 09:31

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

IN BRIEF: Love Hemp launches products in 200 Tesco stores

2nd Sep 2022 10:40

Love Hemp Group PLC - London-based cannabidiol products company - Launches products in Tesco PLC's supermarkets. Tesco will initially stock a range of six Love Hemp products across 200 stores in the UK, including in larger Tesco Extra supermarkets. Products will also be available online. Read More

LONDON BROKER RATINGS: Jefferies downgrades Kingspan to 'hold'

30th Aug 2022 09:32

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

Saga makes three senior appointments to help deliver profit

23rd Aug 2022 11:55

(Alliance News) - Saga PLC on Tuesday announced three senior appointments, including adding a former investment banker to the board and creating a new chief data officer role, saying the additions will support the company's growth strategy as travel picks up post-pandemic. Read More

Supermarket Income acquires four supermarket in UK for GBP76 million

18th Aug 2022 10:56

(Alliance News) - Supermarket Income REIT PLC on Thursday said it acquired four supermarkets across the UK for a total purchase price of GBP76.4 million. Read More

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