News Results for Tesco (TSCO)

  • 25 Jun
    16:44
    Markets remain tense amid lower US open

    As investors continued to weigh threats around trade wars and geopolitical tensions in the Middle East, global stocks remained on the back foot. The FTSE 100 bucked the trend somewhat thanks to...

  • 25 Jun
    12:07
    Investors wary amid geopolitical risks

    As Donald Trump imposed new sanctions on Iran overnight the FTSE 100 posted a decline by lunchtime though was off its lows for the day, down 0.2% at 7,403.00. US futures pointed to a slightly...

  • 19 Jun
    08:20
    Broker Forecast - Deutsche Bank issues a broker note on Tesco PLC

    Deutsche Bank today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and cut its price target to 285p (from 295p). Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 14 Jun
    09:50
    Broker Forecast - Goldman Sachs issues a broker note on Tesco PLC

    Goldman Sachs today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and cut its price target to 276p (from 277p). Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 13 Jun
    16:39
    FTSE 100 loses momentum

    The FTSE 100 was down a smidge at 7,367.16 on Thursday as a June recovery for the index began to run out of steam. By 4.30pm UK time the S&P 500 was up 0.2% at 2,886.80. Crude oil prices...

  • 13 Jun
    10:04
    FTSE opens higher, led by surge in Ferguson

    UK stocks opened higher on Thursday, led by a surge in Ferguson on news that Nelson Peltz’s Trian Fund Management had acquired a stake of about 6% in the plumbing products distributor. At...

  • 13 Jun
    08:54
    Tesco sales growth slows amid 'subdued ' grocery market

    Tesco said sales growth in its core UK business slowed in the first quarter, but added that it had outperformed a 'subdued' grocery market amid a strong easter. The group reported UK like-for-like...

  • 12 Jun
    10:50
    Broker Forecast - HSBC issues a broker note on Tesco PLC

    HSBC today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 275p (from 265p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 11 Jun
    09:50
    Broker Forecast - UBS issues a broker note on Tesco PLC

    UBS today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 315p (from 305p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 30 May
    09:40
    Broker Forecast - Deutsche Bank issues a broker note on Tesco PLC

    Deutsche Bank today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and cut its price target to 295p (from 300p). Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 29 May
    16:34
    US Treasuries spike amid flight to safety

    Investors retreated to the apparent safe haven of US Treasuries, with 10-year yields falling to their lowest levels since 2017. This followed a veiled threat by China to limit access to rare...

  • 21 May
    12:05
    Easing trade fears and weak sterling lift FTSE

    News of a short-term reprieve on US firms doing business with Chinese technology firm Huawei have been taken positively by the market with the FTSE 100 joining in wider strength for European...

  • 21 May
    09:03
    UK stocks open 0.5% higher as Brexit fears pressure pound

    UK stocks opened higher on Tuesday as growing fears of a no-deal Brexit sparked by Tory leadership rumblings heaped pressure on the pound, helping exporters. At 0855, the FTSE 100 was up 39.39...

  • 21 May
    07:15
    Tesco ceases new mortgage lending; explores sale of loan book

    Supermarket giant Tesco said its banking division had ceased new mortgage lending and was actively seeking to sell its mortgage book. A sale would include a complete transfer of related balances...

  • 24 Apr
    15:30
    Director Deals - Tesco PLC (TSCO)

    David Lewis, Chief Executive Officer, bought 2 shares in the company on the 23rd April 2019 at a price of 253.34p. The Director now holds 167,519 shares representing 0.00% of the shares in issue....

  • 24 Apr
    15:30
    Director Deals - Tesco PLC (TSCO)

    Alan Stewart, Financial Director, bought 3 shares in the company on the 23rd April 2019 at a price of 253.34p. The Director now holds 598,495 shares. NOTE: Re: Partnership Share Plan Story...

  • 23 Apr
    08:10
    Broker Forecast - Deutsche Bank issues a broker note on Tesco PLC

    Deutsche Bank today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 300p (from 275p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 17 Apr
    10:40
    Broker Forecast - Goldman Sachs issues a broker note on Tesco PLC

    Goldman Sachs today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 277p (from 265p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 11 Apr
    10:20
    Broker Forecast - JP Morgan Cazenove issues a broker note on Tesco PLC

    JP Morgan Cazenove today reaffirms its overweight investment rating on Tesco PLC (LON:TSCO) and raised its price target to 280p (from 265p). Story provided by StockMarketWire.com Broker Forecasts...

  • 10 Apr
    16:47
    FTSE retreats as sterling rises ahead of EU summit

    The FTSE 100 dipped into negative territory at 7,421 as sterling strengthened ahead of a vital meeting of EU leaders where they will consider whether to grant the UK a delay for Brexit. US...

  • 10 Apr
    12:01
    FTSE continues to flatline ahead of key EU summit

    The FTSE 100 was more or less flat by midday at 7,431.65 and pretty much unchanged from the start of this week. Sterling enjoyed gains ahead of tonight's crucial meeting of EU leaders as they...

  • 10 Apr
    09:05
    Tesco almost doubles dividend after profit jumps 29%

    Tesco booked a 29% jump in annual profit that beat its expectations after the supermarket giant benefited from its acquisition of wholesaler Booker. Pre-tax profit for the year through 23...

  • 10 Apr
    08:54
    FTSE posts modest gains as May contemplates long Brexit delay

    UK stocks opened modestly higher on Wednesday amid growing expectations that European leaders would ask the UK to accept a long Brexit delay. At 0850, the FTSE 100 was up 5.83 points at 7.431.40....

  • 03 Apr
    10:50
    Broker Forecast - Exane BNP Paribas issues a broker note on Tesco PLC

    Exane BNP Paribas today upgrades its investment rating on Tesco PLC (LON:TSCO) to outperform (from neutral) and raised its price target to 275p (from 220p). Story provided by StockMarketWire.com...

  • 25 Mar
    14:15
    Director Deals - Tesco PLC (TSCO)

    David Lewis, Chief Executive Officer, bought 59 shares in the company on the 22nd March 2019 at a price of 236.01p. The Director now holds 167,517 shares representing 0.00% of the shares in issue....

  • 25 Mar
    14:15
    Director Deals - Tesco PLC (TSCO)

    Alan Stewart, Financial Director, bought 58 shares in the company on the 22nd March 2019 at a price of 236.01p. The Director now holds 598,492 shares. NOTE: SIP Purchase Story provided by...

  • 07 Mar
    10:30
    Broker Forecast - Jefferies International issues a broker note on Tesco PLC

    Jefferies International today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 275p (from 265p). Story provided by StockMarketWire.com Broker Forecasts...

  • 06 Feb
    10:00
    Broker Forecast - UBS issues a broker note on Tesco PLC

    UBS today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 305p (from 300p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 04 Feb
    11:20
    Director Deals - Tesco PLC (TSCO)

    David Lewis, Chief Executive Officer, exercised 11,920 shares in the company on the 1st February 2019 at a price of 151.00p. The Director now holds 167,397 shares representing 0.00% of the shares...

  • 04 Feb
    11:20
    Director Deals - Tesco PLC (TSCO)

    Alan Stewart, Financial Director, exercised 11,920 shares in the company on the 1st February 2019 at a price of 151.00p. The Director now holds 598,373 shares. Story provided by...

  • 10 Jan
    16:39
    UK stocks close higher to extend 2019 gains

    The FTSE 100 enjoyed a strong finish to the day to trade up 0.5% at 6,942.87. This takes the gains for the index since the start of the year to 3.2%. In the US warnings from American Airlines and...

  • 10 Jan
    12:02
    FTSE recovers ground to trade only modestly lower

    Having opened noticeably lower in common with other European markets the FTSE 100 had recovered by midday to trade just 0.14% lower at 6,897.07. The fact index heavyweight BHP Group traded...

  • 10 Jan
    09:29
    Weak Christmas trading at UK retailers weighs on UK stocks

    UK stocks are falling on Thursday morning amid weaker Asian overnight trading and as poor Christmas trading for many UK retailers weighed on prices. At 08:58, the benchmark FTSE 100 was 0.46%, or...

  • 10 Jan
    07:56
    Tesco reports strong Christmas period, outperforms market

    Tesco reported strong trading over the Christmas period, saying in a trading statement that it saw a 2.6% rise in like-for-like sales in the UK and the Republic of Ireland. Despite the"more...

  • 07 Jan
    11:40
    Broker Forecast - Goldman Sachs issues a broker note on Tesco PLC

    Goldman Sachs today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and cut its price target to 265p (from 272p). Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 04 Jan
    11:40
    Broker Forecast - HSBC issues a broker note on Tesco PLC

    HSBC today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and cut its price target to 265p (from 290p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 04 Jan
    11:30
    Broker Forecast - Jefferies International issues a broker note on Tesco PLC

    Jefferies International today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and cut its price target to 265p (from 280p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 31 Dec
    12:40
    Director Deals - Tesco PLC (TSCO)

    Alan Stewart, Financial Director, bought 72 shares in the company on the 28th December 2018 at a price of 192.25p. The Director now holds 586,391 shares. NOTE: SIP Purchase Story provided by...

  • 31 Dec
    12:35
    Director Deals - Tesco PLC (TSCO)

    David Lewis, Chief Executive Officer, bought 71 shares in the company on the 28th December 2018 at a price of 192.25p. The Director now holds 155,415 shares representing 0.00% of the shares in...

  • 30 Nov
    14:10
    Director Deals - Tesco PLC (TSCO)

    Stewart Gilliland, Non Executive Director, bought 348 shares in the company on the 28th November 2018 at a price of 206.39p. The Director now holds 348 shares representing 0.00% of the shares in...

  • 27 Nov
    15:05
    Director Deals - Tesco PLC (TSCO)

    David Lewis, Chief Executive Officer, has re-invested 821 shares in the company on the 23rd November 2018 at a price of 202.89p. The Director now holds 155,317 shares representing 0.00% of the...

  • 27 Nov
    15:05
    Director Deals - Tesco PLC (TSCO)

    Alan Stewart, Financial Director, has re-invested 408 shares in the company on the 23rd November 2018 at a price of 202.89p. The Director now holds 586,292 shares. Story provided by...

  • 08 Oct
    09:00
    Broker Forecast - Kepler Cheuvreux issues a broker note on Tesco PLC

    Kepler Cheuvreux today reaffirms its hold investment rating on Tesco PLC (LON:TSCO) and cut its price target to 232p (from 261p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 05 Oct
    14:45
    Director Deals - Tesco PLC (TSCO)

    John Allan, Chairman, bought 22,000 shares in the company on the 3rd October 2018 at a price of 216.70p. The Director now holds 295,951 shares representing 0.00% of the shares in issue. NOTE:...

  • 05 Oct
    14:40
    Director Deals - Tesco PLC (TSCO)

    David Lewis, Chief Executive Officer, bought 50,000 shares in the company on the 5th October 2018 at a price of 213.70p. The Director now holds 154,366 shares representing 0.00% of the shares in...

  • 05 Oct
    14:40
    Director Deals - Tesco PLC (TSCO)

    Alan Stewart, Financial Director, bought 50,000 shares in the company on the 5th October 2018 at a price of 213.70p. The Director now holds 585,757 shares. Story provided by StockMarketWire.com...

  • 05 Oct
    14:40
    Director Deals - Tesco PLC (TSCO)

    Mikael Olsson, Non Executive Director, bought 10,000 shares in the company on the 4th October 2018 at a price of 215.40p. The Director now holds 30,254 shares representing 0.00% of the shares in...

  • 05 Oct
    14:40
    Director Deals - Tesco PLC (TSCO)

    Alison Platt, Non Executive Director, bought 16,286 shares in the company on the 4th October 2018 at a price of 214.50p. The Director now holds 33,979 shares representing 0.00% of the shares in...

  • 03 Oct
    16:48
    Global equities rise on Italian budget concessions

    There was a sea of green across the global markets after the Italian government backed down in a row with Brussels over its budget. The FTSE 100 closed 0.5% higher at 7,510. Wall Street also...

  • 03 Oct
    11:38
    Miners boost FTSE 100

    Rising miners helped boost the FTSE 100 on a quiet day for corporate news, pushing the blue-chip index 0.3% higher to 7,499 around midday. Fresnillo strengthened 2.9% to 843.6p and Evraz gained...

  • 03 Oct
    09:00
    UK stocks open 0.3% higher as Italy debt fears cool

    UK stocks opened higher on Wednesday after an Italian media report indicated the country's government would temper its spending plans. At 0855, the benchmark FTSE 100 index was up 20.11 points, or...

  • 03 Oct
    07:19
    Tesco profit edges higher as one-off costs offset growing sales

    Supermarket giant Tesco booked a small rise in first-half profit after rising sales were offset by one-off restructuring and store closure costs. Pre-tax profit for the six months through 25...

  • 01 Oct
    12:56
    Tesco Bank fined £16.4m over cyber attack

    Tesco said it would pay a £16.4m fine to UK regulators after its banking unit fell victim to a cyber attack. In November 2016, funds were debited from customer accounts via 35 transactions as part...

  • 01 Oct
    12:15
    Rising utilities push FTSE higher

    Gains in utilities helped the FTSE 100 open in positive territory, up 0.1% at 7,519 around midday. United Utilities sparked 2.2% to 719.8p and Severn Trent nudged 0.4% higher to £18.56. Another...

  • 19 Sep
    16:44
    Mining rally supports FTSE

    The FTSE 100 benefitted from a mining rally as the sector dismissed the latest round of tariffs from China on US goods. Antofagasta topped the blue-chip risers with a 5.9% rise to 837p, Peers...

  • 19 Sep
    11:33
    FTSE dips on Chinese retaliation to US tariffs

    China retaliated to US President Donald Trump's tariffs with $60bn worth of taxes on US imports, but this was not as bad as feared with the FTSE 100 broadly unmoved at 7,305 around midday....

  • 12 Sep
    16:52
    Surging oil prices supports FTSE rise

    Oil prices surged following a fall in US crude inventories and on the potential loss of supply from Iran, helping to propel the FTSE 100 into positive territory. Brent crude oil rose 0.8% to...

  • 10 Sep
    11:00
    Broker Forecast - Barclays Capital issues a broker note on Tesco PLC

    Barclays Capital today reaffirms its overweight investment rating on Tesco PLC (LON:TSCO) and raised its price target to 280p (from 255p). Story provided by StockMarketWire.com Broker Forecasts...

  • 06 Aug
    16:27
    UK stocks flat on Monday as trade concerns are reheated

    The FTSE 100 ended up broadly flat by the end of Monday against the backdrop of the ongoing trade dispute between China and the US. The indifferent performance of UK stocks was largely reflected...

  • 06 Aug
    11:49
    FTSE 100 becalmed as flurry of news slows

    UK stocks are seeing a relatively slow start to the week after a series of big corporate and economic releases. A big fall in Germany factory orders offered some insight into the real world impact...

  • 06 Aug
    07:03
    Tesco seals strategic alliance deal with Carrefour

    Tesco confirmed that it had had formally entered a strategic alliance with French group Carrefour. As previously described, the pact would cover a strategic relationship with global suppliers,...

  • 10 Jul
    09:05
    FTSE opens 0.1% lower as May tries to steady Brexit ship

    UK stocks edged lower at the open on Tuesday as investors mulled Prime Minister Theresa May's chances of survival amid a week of major political upheaval over Brexit. At 0859, the benchmark FTSE...

  • 10 Jul
    07:17
    Tesco UK and Ireland head stands down due to cancer diagnosis

    Supermarket giant Tesco said that the head of its UK and Ireland business, Charles Wilson, would step down from the role while he deals with a cancer diagnosis. Wilson would also stand down from...

  • 03 Jul
    15:15
    Director Deals - Tesco PLC (TSCO)

    Charles Wilson, Executive Director, exercised 1,500,647 shares in the company on the 3rd July 2018 at a price of 256.10p. The Director now holds 115,146,189 shares. Story provided by...

  • 02 Jul
    16:57
    FTSE struggles on trade concerns

    The FTSE 100 continued to struggle amid friction in Germany over immigration issues, falling oil prices and renewed trade war fears following Canada's imposition of tariffs on US goods. The FTSE...

  • 02 Jul
    12:00
    FTSE falls on political tensions in Germany and trade war fears

    It was a tough start to the week for UK equities amid friction in Germany over immigration issues, resulting in interior minister Horst Seehofer offering his resignation. Canada's tariffs on US...

  • 02 Jul
    09:05
    UK stocks open 1.0% lower as trade tensions brew

    UK stocks opened substantially lower on Monday as global trade tensions simmered and German Chancellor's Angela Merkel's grip on power looked increasingly tenuous. At 0858, the benchmark FTSE 100...

  • 02 Jul
    07:25
    Tesco forms strategic buying partnership with France's Carrefour

    Tesco said it and French retailer Carrefour had formed a strategic relationship with global suppliers that would involve joint purchasing of own-brand products and goods not for re-sale. The pact,...

  • 27 Jun
    12:20
    Director Deals - Tesco PLC (TSCO)

    Alan Stewart, Financial Director, has re-invested 374 shares in the company on the 26th June 2018 at a price of 262.80p. The Director now holds 535,593 shares. Story provided by...

  • 26 Jun
    17:20
    Director Deals - Tesco PLC (TSCO)

    Alison Platt, Non Executive Director, has re-invested 134 shares in the company on the 26th June 2018 at a price of 258.20p. The Director now holds 17,693 shares representing 0.00% of the shares in...

  • 26 Jun
    17:15
    Director Deals - Tesco PLC (TSCO)

    David Lewis, Chief Executive Officer, has re-invested 763 shares in the company on the 22nd June 2018 at a price of 260.77p. The Director now holds 104,237 shares representing 0.00% of the shares...

  • 26 Jun
    17:15
    Director Deals - Tesco PLC (TSCO)

    Mikael Olsson, Non Executive Director, has re-invested 153 shares in the company on the 22nd June 2018 at a price of 260.77p. The Director now holds 20,254 shares representing 0.00% of the shares...

  • 20 Jun
    10:40
    Broker Forecast - Berenberg issues a broker note on Tesco PLC

    Berenberg today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 295p (from 265p). Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 20 Jun
    09:40
    Broker Forecast - HSBC issues a broker note on Tesco PLC

    HSBC today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 290p (from 225p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 18 Jun
    08:40
    Broker Forecast - Deutsche Bank issues a broker note on Tesco PLC

    Deutsche Bank today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 275p (from 270p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 15 Jun
    16:47
    Global markets fall on reignited trade war fears

    Global markets tumbled into the red following US President Donald Trump's decision to impose $50bn worth of tariffs on Chinese imports, reviving fears of a trade war. The FTSE 100 fell 1.7% to...

  • 15 Jun
    10:58
    FTSE struggles amid losses in mining sector

    Losses in the mining sector continued to hold the FTSE 100 back this week amid weaker commodity prices, causing the blue-chip index to retreat 0.6% to 7,715. Anglo American (AAL) was down 2.2% at...

  • 15 Jun
    07:09
    Tesco first-quarter sales rise following Booker merger

    Tesco said first-quarter sales rose 1.8% on a same-store basis, as demand continued to recover following severe storms in March. For the 13 weeks to 26 May, total sales grew by 2.3% or by 1.8% at...

  • 24 May
    14:40
    Director Deals - Tesco PLC (TSCO)

    Lindsey Pownall, Non Executive Director, bought 50,000 shares in the company on the 23rd May 2018 at a price of 246.40p. The Director now holds 52,000 shares representing 0.00% of the shares in...

  • 22 May
    08:40
    Broker Forecast - Bernstein issues a broker note on Tesco PLC

    Bernstein today reaffirms its outperform investment rating on Tesco PLC (LON:TSCO) and raised its price target to 290p (from 285p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 21 May
    09:30
    Broker Forecast - Citigroup issues a broker note on Tesco PLC

    Citigroup today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 290p (from 230p). Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 02 May
    14:25
    Director Deals - Tesco PLC (TSCO)

    Alison Platt, Non Executive Director, bought 6,317 shares in the company on the 2nd May 2018 at a price of 236.05p. The Director now holds 17,559 shares representing 0.00% of the shares in issue....

  • 13 Apr
    11:00
    Broker Forecast - Independent Research issues a broker note on Tesco PLC

    Independent Research today upgrades its investment rating on Tesco PLC (LON:TSCO) to hold (from sell) and raised its price target to 240p (from 165p). Story provided by StockMarketWire.com Broker...

  • 12 Apr
    11:40
    Broker Forecast - Kepler Cheuvreux issues a broker note on Tesco PLC

    Kepler Cheuvreux today reaffirms its hold investment rating on Tesco PLC (LON:TSCO) and raised its price target to 219p (from 189p). Story provided by StockMarketWire.com Broker Forecasts data...

  • 12 Apr
    10:40
    Broker Forecast - Berenberg issues a broker note on Tesco PLC

    Berenberg today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and raised its price target to 265p (from 255p). Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 11 Apr
    16:58
    FTSE nudges lower on weak production figures and mixed Wall Street opening

    The FTSE 100 is modestly off as it heads towards the market close, weighed down by a weak start on Wall Street, ongoing global tensions over Syria and downbeat UK production figures from the Office...

  • 11 Apr
    11:33
    FTSE slides after weak production numbers

    The FTSE 100 lost some ground heading towards midday after downbeat UK production figures from the Office for National Statistics and amid ongoing global tensions over Syria. Around lunchtime the...

  • 11 Apr
    07:13
    Tesco ups dividend as profit jumps

    Tesco reported a large jump in annual profit and upped its dividend as the supermarket chain's recovery got into full swing. Pre-tax profit jumped to £1.30bn, up from just £145m in 2016, when the...

  • 06 Apr
    11:00
    Broker Forecast - Deutsche Bank issues a broker note on Tesco PLC

    Deutsche Bank today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and cut its price target to 220p (from 240p). Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 06 Apr
    09:30
    Broker Forecast - Goldman Sachs issues a broker note on Tesco PLC

    Goldman Sachs today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and set its price target at 220p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 15 Mar
    13:00
    Broker Forecast - JP Morgan Cazenove issues a broker note on Tesco PLC

    JP Morgan Cazenove today reaffirms its overweight investment rating on Tesco PLC (LON:TSCO) and set its price target at 265p. Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 06 Mar
    09:40
    Broker Forecast - Barclays Capital issues a broker note on Tesco PLC

    Barclays Capital today reaffirms its overweight investment rating on Tesco PLC (LON:TSCO) and set its price target at 255p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 05 Mar
    12:50
    Broker Forecast - Jefferies International issues a broker note on Tesco PLC

    Jefferies International today upgrades its investment rating on Tesco PLC (LON:TSCO) to buy (from hold) and set its price target at 250p. Story provided by StockMarketWire.com Broker Forecasts...

  • 05 Mar
    07:05
    Tesco completes £3.7bn Booker Group takeover

    Tesco said it had officially completed its £3.7bn takeover of Booker Group after the deal received shareholder and court approval. New Tesco shares issued in connection with the deal would be...

  • 28 Feb
    13:08
    Tesco shareholders approve £3.7bn acquisition of Booker Group

    Tesco said shareholders had approved the supermarket chain's £3.7bn acquisition of wholesaler Booker Group. Around 85% of votes were cast in favor of the deal, while around 15% were cast against...

  • 07 Feb
    16:57
    Oil majors, utilities and housebuilders boost FTSE

    The FTSE 100 bounced back after a difficult period earlier this week. It closed 1.9% higher at 7,279, supported by positive movements in oil majors, utility companies and housebuilders among...

  • 07 Feb
    11:37
    FTSE rises as global recovery begins

    The global markets started to recover from an intense sell-off earlier this week with the FTSE 100 following the US and Asia into positive territory. Oil majors helped the recovery as they have...

  • 05 Feb
    16:45
    FTSE remains weak on rate concerns but US steadies

    The UK and Europe were in the red as concerns over potential rises in interest rates this year soured the market. The FTSE 100 was 1.4% lower at 7,334. However fears of a more significant...

  • 05 Feb
    11:49
    FTSE hit by global sell-off

    The global sell-off continued in the US last week and Asia today on the back of rising government bond yields and an expected hike in interest rates. The negative sentiment spread to the UK's FTSE...

  • 05 Feb
    07:14
    Tesco expects FY profit of at least £1.575bn; final dividend of 2p/share

    Tesco said that trading since its Christmas update had been in line with management's expectations and that it expected to deliver a full-year operating profit before exceptional items of at least...

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