Financial Times • 5 days ago
Mark Carney's timing was immaculate. Speaking the night before the release of UK consumer price inflation, the Bank of England governor remarked pointedly about what would happen to inflation if the pound ...
Fool.co.uk • 6 days ago
Royston Wild considers the investment case for Premier Foods plc (LON: PFD), Just Eat plc (LON: JE) and Tesco plc (LON: TSCO).
Financial Times • 8 days ago
A Small Talk ancestress worked for the John Lewis Partnership in the 1940s. She extolled until she died the virtues - and perks - of working for a business owned by staff. She is not alone. The partnership, ...
Reuters - UK Focus • 11 days ago
Cadbury chocolate owner Mondelez International said it is taking selective price increases across its brands, as it grapples with higher commodity costs and a weaker British pound. Mondelez in November attracted consumer criticism when it changed the shape of its Toblerone bars, putting more space between its distinctive jagged peaks, in order to recoup some higher costs. Britain's Guardian newspaper reported that Mondelez was raising the price of its Freddo bars from 25 pence to 30 pence in the spring.
Sky News • 11 days ago
Britain's biggest supermarket Tesco (Frankfurt: 852647 - news) has delivered a Christmas sales rise but warned it faces pressure from the slump in the pound. Shares (Berlin: DI6.BE - news) fell 1.3% on the day after chief executive Dave Lewis said the retailer would try to mitigate the impact of the collapse in the value of sterling - which makes imported goods more expensive. Tesco saw stronger growth in the 13 weeks to 26 November, when UK like-for-like sales rose by 1.8%, its eighth consecutive quarter of improvement and the best for more than five years.
Reuters - UK Focus • 11 days ago
European shares fell on Thursday weighed down by Fiat Chrysler, which wiped out one sixth of its value in a late session slide after the U.S. accused the car maker of excess diesel emissions, raising worries ...
Reuters • 11 days ago
European shares fell on Thursday weighed down by Fiat Chrysler, which wiped out one sixth of its value in a late session slide after the U.S. accused the car maker of excess diesel emissions, raising worries of heavy fines. The STOXX 600 fell 0.7 percent with the auto sector index leading sectoral fallers, dragged down by 16.1 percent slump in Fiat Chrysler shares, the biggest faller on the pan-European benchmark index. In spite of the auto woes and continued losses among pharma stocks on worries over pricing pressure in the U.S., Britain's blue chip FTSE 100 index inched up 0.03 percent, thinly extending to 13 days its record winning streak.
MarketWatch • 11 days ago
The U.K.’s benchmark stock index eked out a gain on Thursday to close higher for a 13th straight session, with miners and oil pushing higher.
Reuters • 12 days ago
Britain's biggest retailer Tesco reported its best quarter of UK underlying sales growth for over five years and more growth over Christmas, continuing a major recovery in its fortunes, though it cautioned it would not be immune to inflationary pressures. Tesco, which like rivals has been battling the rise of German discounters Aldi and Lidl and has also had to deal with the fallout from an accounting scandal in 2014, said on Thursday progress across the group meant it could reiterate forecasts for its 2016-17 financial year. "We look at the performance over the last four months and say it's another significant step in the turnaround of the business," Chief Executive Dave Lewis told reporters.
TSCO.L: Summary for TESCO PLC ORD 5P - Yahoo Finance
Tesco PLC (TSCO.L)
LSE - LSE Delayed price. Currency in GBp
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|Bid||190.60 x 215000|
|Ask||202.00 x 175000|
|Day's range||194.75 - 197.70|
|52-week range||143.08 - 219.40|
|PE ratio (TTM)||38.24|
|Earnings date||12 Apr 2017|
|Dividend & yield||0.00 (0.00%)|
|1y target est||196.68|