FTSE 100 barely changed after PM's speech; Centrica slides
Not much happening among the blue-chips but Image Scan and Future were among the big movers in the small caps sector
Company
Tesco PLC
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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Tesco set for 'upbeat interims', but Topps Tiles' trading update expected to be drab
The day ahead includes first half numbers from supermaket giant Tesco PLC and a fourth quarter trading update from struggling tiles retailer Topps Tiles PLC
Sainsbury's the only 'buy' as Berenberg sizes up the winners and losers in the UK grocery sector
The German bank warned of: “Slow market growth, market share losses in the supermarket channel and intensifying competitive and cost pressures will continue to restrict growth and margin expansion for Tesco, Sainsbury and Morrison”
FTSE 100 closes higher, boosted by weak sterling and Ferguson
The pound's weakness is the source of the Footsie's late strength
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Healthier options expected to help drive growth at food-on-the-go specialist Greggs
Day ahead includes a trading update from food-on-the-go specialist Greggs PLC, and first half results from Ferguson PLC - the plumbing supplies group formerly known as Wolseley
Credit Suisse says Tesco is “most at risk” from Aldi and Lidl’s continued growth
Analyst Stewart McGuire says only 65% of Tesco stores have an Aldi or Lidl within two kilometres of them - the lowest percentage of the 'Big Four'
FTSE 100 closes firmly higher as weak pound gives it a boost
FTSE 100 closed over 66 points higher at 7,438 with budget carrier easyJet the top flyer
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Tesco and Greggs to give a taste of high street conditions; hurricanes could have blown away US jobs
Week ahead to include first half results from supermarkets giant Tesco PLC, an update from high bakery chain Greggs PLC (LON:GRG), and the latest US jobs data
More price-cutting sees Aldi UK’s profits fall for third straight year
Aldi has been forced to respond as the so-called ‘big four’ fight back with price reductions of their own
UK supermarkets sales up by over 3% for sixth month, with Tesco again leading the ‘Big Four’
Kantar Worldpanel said its latest grocery market share figures showed an overall increase of 3.6% in sales for the 12 weeks to 10 September 2017, compared with the same period last year
Booker says Tesco takeover competition review is progressing as it reports quarterly sales growth
Booker's like-for-like sales in the 12 weeks to 8 September rose 1.3%, boosted by a strong performance in catering and retail supply.
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Bank of England meeting key on retail Thursday, with updates due from Next, Morrison's, and Booker
Day ahead includes Bank of England Monetary policy meeting, UK retail sales data, updates from Next PLC, William Morrison Supermarkets PLC, and Booker PLC
Tesco 2014 accounting scandal trial adjourned until September 25 for legal reasons
Christopher Bush, who was managing director of Tesco UK, Carl Rogberg, who was its UK finance director, and John Scouler, who was the UK food commercial director, are all charged with one count of fraud by abuse of position and one count of
UBS raises Tesco target price on expectations for strong margin recovery, Booker merger prospects
The Swiss bank’s analysts said: “We expect Tesco to hit the upper end of its 3.5-4.0% mid-term EBIT margin guidance and, moreover, to do so in a healthy way”
FTSE 100 finishes in debit as Fed chair Janet Yellen stays mum on policy direction
The FTSE dipped 6 points to 7,401 points after Janet Yellen left monetary policy out of her Jackson Hole speech
Tesco opens £85mln compensation scheme for investors affected by 2014 accounting scandal
Thousands of investors sued Tesco claiming that they had lost millions after buying shares based on false and misleading accounts
Lidl now UK’s seventh biggest supermarket, but ‘Big Four’ led by Tesco also seeing sales growth
The wet weather didn’t deter shoppers, with overall UK supermarket sales rising 4% year-on-year
Sainsbury’s to axe more than 1,000 jobs as part of latest £500mln cost-cutting drive
The latest efficiency drive follows on from similar measures brought in last November and back in 2015
Asda's 2016 profits and sales dented by the rise of discounters Aldi and Lidl
Asda reported an 11.5% decline in full-year profits as it tackles mounting competition
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Morrison's and McColl's put Tesco under the spotlight with 'win-win' combination
In a £1bn deal, won against five other tenders, Morrison's will supply Safeway products and other national brands to 1,300 McColl's stores and 350 newsagents
Investments and investor services
Patience still a virtue for Aurora Investment Trust
Aurora is now worth £70mln, from £15mln, when Phoenix was appointed in January 2016
Sainsbury's planned takeover of Nisa 'not conditional on retaining McColl's contract'
McColl's has fallen prey to speculation it could become a takeover target as UK supermarkets try to get a slice of the convenience market
Wattle Health Australia to buy into nutritional dairy manufacturer
The company is acquiring a 5% equity interest in Blend and Pack.
Tesco's proposed Booker takeover to undergo in-depth competition investigation
The UK's competition regulator has raised concerns about Tesco's plans to buy Booker
Aldi threatens to take larger slice of UK grocery market share with expansion plans
Tesco, Sainsbury, Morrison's and Aldi have been losing market share to discounters Aldi and Lidl
Booker shares gain after reporting first quarter sales growth amid Tesco takeover probe
Booker's first quarter results were boosted by favourable weather and a late Easter
Investments and investor services
FTSE 100 drifts off highs as US stocks make weak start
The FTSE 100 index was closed up 10.37 at 7,367 on Wednesday
Grocery surprises in Sainsbury's quarterly sales beat, but Argos still doing the heavy lifting
Sainsbury’s surprised the market with an increase in first-quarter like for like sales, excluding fuel, of 2.3%, exceeding analysts’ expectations for a 1.9% rise
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Argos to put some zip into J Sainsbury
Week ahead, J Sainsbury, Non-farm payrolls, Ocado, Imagination Technologies
Tesco asks competition regulators to speed up investigation into its £3.7bn Booker acquisition
Tesco and Booker have requested that the CMA to wrap up its phase one investigation early and get on with the more in-depth phase two process
Tesco cuts another 1,200 jobs as cost-drive touches all areas
Cost-cutting drive is designed to save the grocery giant £1.5bn
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Trending: Interest rates, Philip Green, Costa and Google
Tesco to cut 1,200 jobs, Interest rates, Philip Green, Costa and Google
Tesco strong as UK supermarkets see highest sales growth in five years, driven by rising inflation
Kantar Worldpanel said overall supermarket sales rose by 5.0% in the 12 weeks to June 18, a stark contrast to the 0.2% decline seen this time last year
Tesco, Sainsbury's and Morrisons all set to trial ‘Uber-style’ surge pricing
Electronic labelling would allow stores to hike or lower prices at the press of a button
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Conservatives reach deal with DUP to support minority government
Theresa May's Tories have agreed a pact with the DUP while Italy's government has committed up to €17bn to rescue two banks
Supermarket Income REIT set for £200mln London float next month
The company is looking to pay a whopping 5.5% dividend starting in October, with plans to grow it over the coming years
HSBC says sentiment towards UK food retailers after Amazon/Whole Foods Market seems to be "creating a self-fulfilling prophecy"
The bank's analysts pointed out that while there remains a fear of Amazon entering the UK, the food retail sector is likely to remain depressed
Tesco fined £8mln for petrol station leak that polluted river and made residents ill
Tesco has pleaded guilty to health and safety breaches and an environmental offence
Tesco's sales rise as price cuts attract customers but analysts warn inflation may hit margins
Tesco's first quarter sales growth was driven by its core UK supermarket business as the supermarket's restructuring under boss Dave Lewis continues to gather pace
FTSE 100 heads higher despite supermarket shake-out as Amazon pounces
Late surge sees FTSE 100's loss on the week sliced to 83 points
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Tesco update should show revival continuing, but plenty of uncertainties for food retailers
Day Ahead: Tesco, SThree trading updates; Bank of Japan policy meeting
Berenberg downgrades rating for TalkTalk in note flagging up uncertainties in the UK telecoms and broadband sector
The broker’s analysts cut their stance on the FTSE 250-listed firm to ‘sell’ from ‘hold’ after chopping its target price by 37%, to 140p from 224p
FTSE 100 finishes lower amid UK political uncertainty and US tech sell-off
Around 8.45am, the UK blue chip index was about 24 points lower at 7,503, having gained around 1% on Friday after international stocks benefited from sterling’s falls
Tesco accounting scandal investigation by FRC into auditor PwC concludes
The FRC is continuing to investigate chartered accountants who were auditors of Tesco in the accounting scandal
Tesco and Morrison's best 'Big Four' players as all grocers again see sales grow with inflation rising
Grocery price inflation was up 2.9% year-on-year in the 12 weeks to May 21, from a 2.6% increase in the previous three month period.
Tesco confirms Competition and Markets Authority starts "standard phase 1 review” of Booker takeover
The FTSE 100-listed firm said the phase 1 review was triggered today after it filed a formal notification with the CMA in respect of the proposed merger
Credit Suisse raises target prices for Tesco, Sainsbury's and Morrison's after revisiting bearish thesis
In a note to clients entitled ‘The re-invention test’, the Swiss bank’s food retail analyst, Stewart MacGuire pointed out that although market share declines continue, deep cost cutting has raised operating profits
FTSE 100 trades sideways as big oilers dented by OPEC decision
FTSE 100 closed at 7,517 - up 2.81. points, or 0.04% and failed to make a record close
Tesco's boss Dave Lewis receives 10% pay cut despite return to sales growth
Tesco's chief executive and finance director received pay cuts last year after fines related to its accounting scandal hit profits
Morrison's up as it reports sixth consecutive quarter of underlying sales growth
In a trading update for the 13 weeks to April 30, the FTSE 100-listed group said sales at stores open over a year, excluding fuel, rose by 3.4% in the period
Sainsbury's and Argos were unlikely bedfellows, but partnership looks to be working - at least for Argos!
John Ibbotson, director of the retail consultancy Retail Vision, commented: “What began as a bolt-on has turned into a lifeboat. For the embattled Sainsbury’s, the Argos acquisition is looking more inspired by the day”
Easter sugar rush: Kantar Worldpanel data shows all 10 major food retailers in growth for the first time in three-and-a-half years
Kantar Worldpanel’s latest data revealed that the overall grocery market has grown by 3.7% – the fastest rate since September 2013 - worth almost £1bn in additional sales
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Deterioration of conditions for grocers eyed in updates from Sainsbury and Ocado
Day ahead; J Sainsbury, Ocado, Imperial Brands, Paddy Power Betfair ...
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HSBC may struggle to match rivals
HSBC is the last of the big four banks to report with more uncertainty over the outcome than for its UK-centric rivals.
Supermarket sweep: Updates from Sainsbury's, Morrison's to be closely-eyed amid margin concerns
In an update in March, Sainsbury’s move to diverse from grocery with the acquisition of high street catalogue retailer Argos looked to be paying off as its total like-for-like sales grew by 0.3%
Partnership deal with Tesco helps N Brown overcome drop in full-year profits on mis-selling charge
The firm saw its pre-tax profit drop to £57.6mln for the year to March 4, down from £72.2mln a year earlier, impacted by an exceptional cost of £25.2mln relating to customer complaint redress in its financial services business
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Osborne to stand down as an MP to concentrate on his other jobs
Theresa May's decision to dodge the televised party leader debates attracts derision while George Osborne's decision to stand down as an MP is front page news in the paper he edits
Looking ahead: Tesco sells its opticians business in the UK and Ireland to VisionExpress
Tesco Opticians currently operates in 206 of the retail giant’s stores across the UK and three stores in the Republic of Ireland, as well as online, and employs approximately 1,500 staff
Tesco slumps as Goldman’s bearish streak continues
The banking giant has lowered its estimates for the next few years and said free cash flow generation “remains the concern”
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Torrent of tweets on toxic Tesco
To say opinions are divided on Tesco would be to imply that someone actually likes them ...
Tesco: On track or going back?
The underlying performance seems to be heading in the right direction, but Tesco isn’t out of the woods just yet
Tesco slumps despite better-than-expected results
Underlying profits beat forecasts at £1.28bn, but investors still weren't convinced
FTSE 100 closes lower as supertanker Tesco sinks
With US stocks tipped to open lower, the top-share index has slipped into the red
Where to invest as inflation begins to grip UK-focused stocks
Stocks with pricing power, such as pharmaceuticals and utilities, are most likely to weather the impact of rising inflation.
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Tesco hoping to put Booker doubts to bed
Tesco is expected to underline recent progress and that legacy issues are being dealt with
Fraud Office ends Tesco investigation after £129mln settlement
The supermarket group agreed to pay a £129mln fine for overstating its profits
Investments and investor services
FTSE 100 closes flat as war of words over Syria continues
AstraZeneca is under the weather after being downgraded but Shaftesbury is a hot property on bid speculation
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Week ahead: Recruiters to provide Brexit insight while Tesco delivers finals
Week ahead: Tesco, Pagegroup, Hays, JD Sports, WH Smith ...
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Tesco hoping to put Booker doubts to bed
Tesco is expected to underline recent progress and that legacy issues are being dealt with.
Tesco, Sainsbury's see sales decline in latest Kantar data, although Morrison's maintains recent recovery
In the 12 weeks ended March 26, Morrison’s achieved sales growth of 0.3% year-on-year, although its market share slipped to 10.4% from 10.5%
FTSE 100 finished higher as miners support; supermarkets weigh
FTSE set to rise by fifteen points when the market opens
Tesco's proposed Booker merger unlikely to transform the supermarket, analysts say
Tesco will need to do a lot more convincing to gain shareholder approval for its merger with Booker, according to analysts
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Booker Group to post trading update after Tesco merger thrown into doubt
With Brexit’s Article 50 out of the way, the attention turns to corporate news tomorrow.
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Trending: Tesco facing battle to nab Booker prize
Tesco, Twitter, Google and the launch of the new pound coin
Tesco committed to Booker merger despite shareholder opposition, says boss Lewis
Tesco's major shareholders Schroders and Artisan Partners have asked the supermarket to pull its offer for Booker Group
Tesco to pay £129mln fine to settle 2014 accounting scandal
Tesco expects to take an exceptional charge of £235mln in its full year results to cover its fine for its 2014 accounting scandal
Investments and investor services
FTSE 100 closes higher as Brexit returns into view
FTSE 100 was little changed as investors mull US President Donald Trump's next move after his healthcare setback
FTSE 100 closes lower on Trump fears; miners take a hit
The FTSE 100 is off over 60 points as US shares dive on infrastructure concerns
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Bitter taste as Tesco pulls over half Heineken's beer range after brewer's Brexit price hikes
Britain’s biggest retailer has scrapped 31 of the Dutch company’s brands and is now stocking only 22 of the 53 it was selling at the start of the year
Deutsche Bank sees Tesco and J Sainsbury going in opposite directions
Deutsche Bank moved Tesco to a ‘buy’ from ‘hold’, while it went in the opposite direction with Sainsbury.
FTSE 100 closes higher with retailer Next top riser
FTSE 100 was three points higher at 7,238, Next rises strongly.
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Tesco chairman only "joking" when he said white men an "endangered species" in UK boardrooms
John Allan, who became Tesco chairman in 2015, told the Retail Week Live conference last week that women and people from an ethnic background were in an "extremely propitious period" when it came to getting top jobs in business
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Nice work if you can get it - George Osborne to trouser £650k a year working for BlackRock
The US asset manager announced in January that the former UK Chancellor of the Exchequer would work as a part-time senior adviser
FTSE 100 stocks endure a refund as supermarket Morrison falls
FTSE 100 stocks bagged a net loss on Thursday after supermarket chain WM Morrison fell on an uncertain outlook
Morrisons enjoys strongest sales growth among Big Four supermarkets, data reveals
The Big Four supermarkets are continuing to lose market share to Lidl and Aldi as shoppers begin to spend more cautiously due to rising prices of grocery items
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FTSE shares fall ahead of Budget, as Paddy Power Betfair slumps
FTSE 100 shares end lower on Tuesday ahead of the Spring Budget speech on Wednesday and as Paddy Power Betfair shares slump
Tesco to cut 1,700 deputy manager roles at Express convenience stores
Tesco will replace deputy managers at Express convenience stories with "shift leaders" as part of a major shake-up of the business
Investments and investor services
FTSE 100 ends higher as food groups power gains on takeover battle
Around 3.15pm, the UK blue chip index was up over 21 points at 7,299, not far from the day’s peak of 7,307, and well above the day’s low of 7,253.
What does US$250,000 get you at Berkshire Hathaway?
The answer is one share, but there’s more to it than that
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Roll-outs: The good, the bad and the ugly
He's one of the big players in UK fund management, although for the purposes of this column his identity is a closely guarded secret as he gives his views on investment from the heart of the Square Mile.
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Discounter Aldi has overtaken the Co-operative to become Britain's fifth biggest supermarket group
Aldi's sales rose 12.4% year-on-year in the 12 weeks to January 29, taking its market share to 6.2% ahead of the Co-op's 6.0%, market researcher Kantar Worldpanel said.
FTSE 100 shares soft but Randgold and small caps jump
FTSE 100 stocks ended lower with sombre Wall Street shares on Monday although gold miner Randgold Resources was the stand out gainer while small-caps scaled record highs
FTSE 100 shares fall after Trump’s travel ban order
FTSE 100 shares ended lower on Monday, following falls in Asia and Europe after President Donald Trump's decision to impose a travel ban on seven Muslim-majority countries
HSBC thinks it was a good Christmas for all the food retailers, with Tesco and Morrison's standing out
HSBC believes the gap between winners and losers in the sector is likely to widen, and repeated a ‘buy’ rating on sector leader, Tesco,
The Booker prize: Tesco gets its mojo working
Unexpected item in the blagging area. Five reasons to consider buying Tesco.
Tesco's "skinny" bid terms may flush out other bidders for Booker
The deal looks like a cracking one for Tesco, but is it paying enough and will the CMA sanction it?