TCO.F - Tesco PLC

Frankfurt - Frankfurt Delayed price. Currency in EUR
2.804
-0.019 (-0.67%)
At close: 12:50PM CEST
Stock chart is not supported by your current browser
Previous close2.823
Open2.821
Bid2.801 x 500000
Ask2.874 x 500000
Day's range2.804 - 2.821
52-week range1.878 - 2.846
Volume1,000
Avg. volume1,803
Market cap27.354B
Beta0.19
PE ratio (TTM)13.55
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.03 (1.24%)
Ex-dividend date2018-05-17
1y target estN/A
  • Sainsbury's-Asda merger investigated by CMA
    Sky News4 days ago

    Sainsbury's-Asda merger investigated by CMA

    Britain's competition regulator has confirmed it is investigating the planned merger between Sainsbury (Amsterdam: SJ6.AS - news) 's and Asda. The Competition and Markets Authority (CMA) said it was inviting interested parties to comment on the impact of the deal ahead of a formal "phase one" inquiry. A deal between Sainsbury's and Asda, currently the second and third biggest UK supermarkets, would create a grocery powerhouse, overtaking Tesco (Frankfurt: 852647 - news) as the market leader.

  • Returning Mothercare boss takes 20% pay cut to lead ailing firm's turnaround
    Sky News4 days ago

    Returning Mothercare boss takes 20% pay cut to lead ailing firm's turnaround

    Mothercare (Other OTC: MHCRF - news) boss Mark Newton-Jones is taking a pay cut after being re-hired to turn around the struggling retailer's fortunes just over a month after being ousted. Details of the reappointment of Mr Newton-Jones as chief executive were confirmed a day after the move was first announced as part of a shake-up which will see 50 stores axed and 800 jobs go. It is the latest twist in the boardroom drama at the retailer, which saw Mr Newton-Jones leave on 4 April to be replaced by former Tesco (Frankfurt: 852647 - news) executive David Wood - on a basic salary of £430,000.

  • Reuters - UK Focus4 days ago

    UK competition regulator seeks views on Sainsbury's/Asda deal

    Britain's competition regulator has invited all interested parties to submit their views on a proposed 7.3 billion pound ($9.9 billion) deal to combine Sainsbury's with Walmart's Asda supermarket chain. The Competition and Markets Authority (CMA) said the preliminary "invitation to comment" was the first part of its information-gathering process, in advance of a formal investigation starting. The CMA said it was also likely to proactively contact companies and organisations that are active in the markets affected by the deal, such as suppliers, competitors, industry bodies and consumer organisations.

  • Boss takes pay cut to return to Mothercare
    Sky News4 days ago

    Boss takes pay cut to return to Mothercare

    Mothercare (Other OTC: MHCRF - news) boss Mark Newton-Jones is taking a pay cut after being re-hired to turn around the struggling retailer's fortunes just over a month after being ousted. Details of the reappointment of Mr Newton-Jones as chief executive were confirmed a day after the move was first announced as part of a shake-up which will see 50 stores axed and 800 jobs go. Sky News understands that the salary cut is a reflection of the struggle facing the business, many of whose staff are facing an uncertain future after the announcement of the store closure plan.

  • CMA investigating Sainsbury's-Asda merger
    Sky News4 days ago

    CMA investigating Sainsbury's-Asda merger

    Britain's competition regulator has confirmed that it is investigating the planned merger between Sainsbury (Amsterdam: SJ6.AS - news) 's and Asda. The Competition and Markets Authority (CMA) said it was inviting interested parties to comment on the impact of the deal ahead of a formal "phase 1" inquiry. A deal between Sainsbury's and Asda, currently the second and third biggest UK supermarkets, would create a grocery powerhouse overtaking Tesco (Frankfurt: 852647 - news) as the market leader.

  • The Zacks Analyst Blog Highlights: BP, Domino's Pizza Group, Aptiv, Tesco and J Sainsbury
    Zacks5 days ago

    The Zacks Analyst Blog Highlights: BP, Domino's Pizza Group, Aptiv, Tesco and J Sainsbury

    The Zacks Analyst Blog Highlights: BP, Domino's Pizza Group, Aptiv, Tesco and J Sainsbury

  • Reuters - UK Focus5 days ago

    Asda's sales rise for fourth straight quarter

    Asda, the British supermarket arm of Walmart that is set to be acquired by Sainsbury's , on Thursday reported a fourth straight quarter of underlying sales growth, showing a recovery under new management ...

  • Reuters - UK Focus12 days ago

    Morrisons quarterly sales beat forecasts, silent on Sainsbury's-Asda

    Morrisons, Britain's fourth biggest supermarket operator, beat forecasts for first-quarter underlying sales growth helped by growth in its wholesale business. The company, based in Bradford, northern England, also said on Thursday that its expectations for the 2018-19 year were unchanged. Its trading statement made no reference to last week's 7.3 billion pound ($9.90 billion) bid by industry No. 2 Sainsbury (Amsterdam: SJ6.AS - news) 's for No. 3 Walmart's Asda - a deal that would overtake market leader Tesco (Frankfurt: 852647 - news) .

  • Reuters18 days ago

    Battle lines drawn in £7.3 billion Sainsbury's-Asda deal

    If Sainsbury's is to succeed in its $10 billion (7.3 billion pound) bid for Walmart's Asda and become Britain's largest supermarket it will have to persuade regulators that changes in the way people shop mean previous anti-trust rulings no longer apply. Britain's Competition and Markets Authority (CMA) has said it is likely to review the biggest deal in the sector for 15 years. Competition lawyers say Sainsbury's and Asda face an uphill battle to get the bid passed without having to sell off so many stores that it removes the rationale for the deal.

  • Reuters - UK Focus21 days ago

    Merger partners Sainsbury's and Asda lag rivals-Kantar

    Sainsbury's and Asda, the two British supermarkets planning to merge, had the slowest sales of the "big four" chains in the 12 weeks to April 22, market data showed on Tuesday. Sales at number ...

  • Reuters - UK Focus21 days ago

    Sainsbury's and Asda sales growth lags rivals-Kantar

    Sainsbury's and Asda, the two British supermarkets planning to merge, had the slowest sales of the "big four" chains in the 12 weeks to April 22, market data showed on Tuesday. Sales at number ...

  • Reuters - UK Focus21 days ago

    "We're in the Money": Sainsbury's CEO filmed singing after Asda deal

    The chief executive of Sainsbury (Amsterdam: SJ6.AS - news) 's was filmed singing "We're in the Money" hours after announcing that the supermarket he runs would buy rival Asda, boosting his company's value by 860 million pounds ($1.18 billion). CEO Mike Coupe was waiting in a studio when cameras caught him singing the song from the musical 42nd Street in footage that was later released by British broadcaster ITV (Frankfurt: A0BLQP - news) . The Asda deal has already made Coupe significantly richer, with his 1.28 million shares going up in value by 500,000 pounds following the announcement.

  • Sainsbury's and Asda defend £13bn merger to create grocery powerhouse
    Sky News21 days ago

    Sainsbury's and Asda defend £13bn merger to create grocery powerhouse

    Sainsbury (Amsterdam: SJ6.AS - news) 's and Asda say their planned £13bn merger will maintain the number of stores operated by the two brands and cut shoppers' costs. There are no plans to close Sainsbury's or Asda stores though executives are targeting savings of £500m, including "operational efficiencies" and by opening Argos concessions in Asda stores. Sainsbury's chief executive Mike Coupe said however that he could not dismiss the possibility that regulators could order the disposal of some sites.

  • Reuters21 days ago

    Sainsbury's to top Britain's Tesco with $10 billion swoop on Walmart's Asda

    Sainsbury's is to buy Walmart's Asda for around 7.3 billion pounds ($10 billion) in a bold attempt to overtake long-time leader Tesco as Britain's biggest supermarket group by market share. Sainsbury's and Asda aim to generate savings and buying power to better compete with fast-growing discounters, Aldi and Lidl, a bigger Tesco after its recent 4 billion pounds purchase of wholesaler Booker, and the rise of online shopping, particularly the march of Amazon. Monday's cash and share deal also provides a potential exit for Walmart, as Asda, which it bought in 1999 for 6.7 billion pounds, has struggled over the last five years.

  • Why Walmart is willing to check out of Asda in £13bn Sainsbury's merger
    Sky News21 days ago

    Why Walmart is willing to check out of Asda in £13bn Sainsbury's merger

    It's instructive to look back on the promises that were made when, on 14 June 1999, Asda announced it had agreed to a £6.716bn takeover by Walmart. The American behemoth, at that point yet to experience any serious setbacks internationally, said the deal would "provide Asda with access to additional capital for expanding its store portfolio and developing its business". At the time, Asda was the UK's third largest supermarket chain, with annual sales of more than £8bn from 229 stores and employing more than 78,000 full and part-time staff.

  • Reuters - UK Focus22 days ago

    UK grocery merger will help consumers, must be fair to suppliers-minister

    Sainsbury (Amsterdam: SJ6.AS - news) 's purchase of Walmart's Asda can be beneficial for the economy and consumers but it is important that suppliers are treated fairly in the deal, a junior British business minister said on Monday. Sainsbury's has agreed to buy Walmart's Asda for about 7.3 billion pounds ($10 billion) to create Britain's biggest supermarket group by market share, overtaking long-standing leader Tesco (Frankfurt: 852647 - news) . "One of the things that the new merger will offer... is reduced costs for the consumer," junior business minister Andrew Griffiths told parliament.

  • Sainsbury's and Asda agree £13bn merger
    Sky News22 days ago

    Sainsbury's and Asda agree £13bn merger

    Sainsbury (Amsterdam: SJ6.AS - news) 's has agreed to merge with supermarket rival Asda - and plans to maintain both brands. The deal - likely to face close scrutiny by competition authorities - will create a grocery powerhouse overtaking Tesco (Frankfurt: 852647 - news) as the number one player in the sector, with combined revenues of £51bn. There are no plans to close Sainsbury's or Asda stores though executives are targeting savings of £500m, including "operational efficiencies" and by opening Argos concessions in Asda stores.

  • Reuters - UK Focus22 days ago

    Sainsbury's says Asda merger could result in some store sell-offs

    Sainsbury (Amsterdam: SJ6.AS - news) 's chief executive Mike Coupe said that it was possible that competition authorities would force some stores to be sold to allow the British supermarket chain's proposed merger with Asda to go ahead. Sainsbury's and Asda, the UK arm of Walmart, confirmed on Monday they had agreed a 13.3 billion pounds ($18.3 billion) merger to create Britain's biggest supermarket group by market share, surpassing current leader Tesco (Frankfurt: 852647 - news) .

  • Reuters - UK Focus22 days ago

    LIVE MARKETS-European stock futures point up

    April 30 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus22 days ago

    Britain's Sainsbury's and Asda agree merger

    Sainsbury's and Asda, the UK arm of Walmart, confirmed on Monday they are to merge to create Britain's biggest supermarket group by market share, surpassing current leader Tesco. The combination will result ...

  • Reuters - UK Focus22 days ago

    LIVE MARKETS-Sainsbury's-ASDA merger talks and other M&A news

    April 30 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Stores will close if Asda and Sainsbury's merge, union warns
    Sky News22 days ago

    Stores will close if Asda and Sainsbury's merge, union warns

    Stores will close if Asda and Sainsbury (Amsterdam: SJ6.AS - news) 's merge, a union has warned. Sky News exclusively revealed on Saturday (Shenzhen: 002291.SZ - news) that Asda's owner, Wal-Mart, was in advanced talks with Sainsbury's about a shock £10bn tie-up that would create ‎a more powerful rival to Tesco (Frankfurt: 852647 - news) , the current UK market leader. Joe Clarke, national officer for Sainsbury's at the union Unite, told Sky News the potential deal was an "absolute shocker", with "implications for tens of thousands of jobs".

  • Reuters23 days ago

    Sainsbury's, Walmart's Asda to create UK supermarket powerhouse

    Sainsbury's and Walmart's Asda are in talks to create Britain's biggest supermarket group, a combination which would surpass Tesco's grocery market share and be worth up to 15 billion pounds ($20.7 billion). Sainsbury's confirmed on Saturday that it and Walmart, the world's largest retailer, were in advanced discussions regarding a combination of the Sainsbury's and Asda businesses, the UK's No. 2 and 3 UK grocers.

  • Reuters - UK Focus23 days ago

    WORLD-NEWS-SCHEDULE AT 2100 GMT/5 PM ET

    Editor: Chizu Nomiyama + 1 646 223 6200 Picture Desk: Singapore + 65 6870 3775 Graphics queries: + 65 6870 3595 TOP STORIES North Korean media hails summit as Trump presses for full denuclearisation SEOUL ...

  • Sainsbury's and Asda in talks about shock £10bn grocery merger
    Sky News24 days ago

    Sainsbury's and Asda in talks about shock £10bn grocery merger

    J Sainsbury (Other OTC: JSAIY - news) and Wal-Mart, the world's biggest supermarket retailer, are in advanced talks about a shock £10bn tie-up that would create ‎a more powerful rival to Tesco (Frankfurt: 852647 - news) , the current UK market leader. Sky News exclusively revealed on Saturday (Shenzhen: 002291.SZ - news) that the two companies are in negotiations about combining Wal-Mart's Asda business with Sainsbury (Amsterdam: SJ6.AS - news) 's, in a deal that would send shockwaves through the entire British retail industry. Following the story, Sainsbury's released a statement confirming the groups were in advanced talks.

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes