|Bid||244.60 x 0|
|Ask||245.00 x 0|
|Day's range||237.00 - 245.40|
|52-week range||187.05 - 254.10|
|Beta (3Y monthly)||1.23|
|PE ratio (TTM)||18.22|
|Earnings date||2 Oct 2019|
|Forward dividend & yield||0.07 (2.97%)|
|1y target est||269.93|
* Brexit concerns have not translated into purchasing * Quarter of UK consumers considering stockpiling * UK grocery sales up 1.3% in 12 weeks to Oct. 6 * Sainsbury's only one of big four to see growth * Aldi and Lidl's combined market share now 14.1% (Adds detail) LONDON, Oct 15 (Reuters) - British consumers have not yet stockpiled groceries ahead of Brexit though they are considering doing so, market researcher Kantar said on Tuesday. It said a quarter of UK shoppers say they are thinking about stockpiling, but they seem to be waiting to see how the coming weeks play out.
At this time of year, Juan Colomina is preparing for the start of the harvest of thousands of tonnes of fruit and vegetables grown under plastic in southern Spain and exported to the world. This year he has an added complication - trying to work out which forms are needed to get crops of fresh produce like lettuce and tomatoes through French and British customs in the event that Britain leaves the European Union without a withdrawal agreement.
Tesco might look great on paper, but is it all that it's cracked up to be? Royston Wild explains why the FTSE 100 share should be avoided at all costs.
Tesco has recently unveiled half-year results; let's take a closer look at the investment case amid further Brexit uncertainty.
Consumer goods giant Unilever vowed to halve the amount of new plastic it uses over the next five years, by shifting to more recyclable and alternative materials and refillable options to meet consumer demand for less waste. The company, which sells Ben & Jerry's ice cream, Dove soap and Knorr soup, said it would achieve this target by cutting its use of plastic packaging by over 100,000 tonnes and accelerating its use of recycled plastic. The Anglo-Dutch firm currently uses more than 700,000 tonnes of virgin plastic - created using raw materials instead of recycled materials - each year and expects to halve that usage by 2025.
Tesco's financial arm intends to appoint John Kingman, the businessman who oversaw Britain's bailout of its banks during the financial crisis, as its chairman, a source with knowledge of the matter told Reuters. Tesco Bank on Monday appointed Kingman to its board as a non-executive director, following a Sky News report on Saturday that the retail lender was lining him up to be its chairman.
Tesco's financial arm confirmed on Monday that it has appointed John Kingman, the businessman who oversaw Britain's bailout of its banks in the financial crisis, to its board as a non-executive director. Kingman was closely involved in the British government's response to the 2008 financial crisis as Second Permanent Secretary to the treasury, and his appointment is effective next month, Tesco Bank said in a statement.
A sharp recovery in London's FTSE 100 led by oil majors BP and Shell on Friday was not enough to stop the index from recording its worst weekly performance in nearly a year amid fears of an economic slowdown and risk of recession. The UK-oriented FTSE 250 climbed 0.7%, led by gains in power generator Drax after sources told Reuters the European Commission was set to approve Britain's roughly one billion pound power backup plan.
Finding stocks that have both positive share price momentum and improving financial health trends is a great way of finding pockets of quality and momentum in8230;
When the little known Ken Murphy takes over next year as CEO of Tesco , Britain's biggest retailer, he will inherit something current boss Dave Lewis did not have the luxury of when he joined in 2014 - a strategy and a stable business. When former Unilever executive Lewis became CEO of Tesco on Sept. 1, 2014, the supermarket group was already reeling from a dramatic downturn in trading. Fast forward five years and Lewis, 54, has declared Tesco's turnaround complete.