TSCO.L - Tesco PLC
| Previous close | 223.90 |
| Open | 224.40 |
| Bid | 223.70 x 0 |
| Ask | 223.60 x 0 |
| Day's range | 221.60 - 230.72 |
| 52-week range | 203.70 - 332.67 |
| Volume | 25,700,048 |
| Avg. volume | 30,955,493 |
| Market cap | 21.702B |
| Beta (5Y monthly) | 0.46 |
| PE ratio (TTM) | 16.54 |
| EPS (TTM) | 13.40 |
| Earnings date | 08 Apr 2020 |
| Forward dividend & yield | 0.07 (3.02%) |
| Ex-dividend date | 10 Oct 2019 |
| 1y target est | 269.93 |
- Reuters - UK Focus
LIVE MARKETS-Coronavirus stock picking: What would mom and pop do?
You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. When it comes to stock picking, UK retail investors seem to trust in what they see around them and that's TV binge watching and Amazon deliveries. "Many retail investors are investing in the companies we are all turning to help us weather the COVID-19 storm, such as streaming services like Netflix, delivery services like Amazon and supermarkets like Tesco", said Iqbal Gandham, UK Managing Director at eToro.
- Reuters - UK Focus
MORNING BID-Markets rally on hopes of virus spread stabilising
UK Prime Minister Boris Johnson was admitted to hospital late on Sunday night with persistent symptoms, and Japan is about to declare a state of emergency for up to six months. The IMF just launched its new “World Pandemic Uncertainty Index” for 143 countries, which shows that the level of economic uncertainty related to the coronavirus is unprecedented.
- Fool.co.uk
2 FTSE 100 shares I’d buy with £2k in this stock market crash
These two FTSE 100 (INDEXFTSE:UKX) stocks could offer improving returns, in my opinion.The post 2 FTSE 100 shares I’d buy with £2k in this stock market crash appeared first on The Motley Fool UK.
- Reuters - UK Focus
British supermarket Sainsbury's to remove most customer purchasing limits
British supermarket group Sainsbury's said on Friday it would start to remove the customer purchasing limits it imposed as a response to increased demand during the coronavirus emergency. Limits will remain in place on the most popular items which include UHT milk, pasta and tinned tomatoes, he said.
- Yahoo Finance UK
Morrisons to give staff £1,050 coronavirus bonus
Morrisons have told staff to expect a bonus of over £1,000 as coronavirus fears made March the biggest month on record for grocery sales.
- Reuters - UK Focus
MORNING BID-Grim coronavirus predictions keep markets on edge
Grim predictions and updates of the human and economic toll the coronavirus is taking around the globe are keeping markets on edge. The safe-haven Japanese yen, however, managed to hold its position against the dollar and even advanced this week.
- Fool.co.uk
Why I believe the Tesco share price could soon return to 300p
Rupert Hargreaves explains why he believes the Tesco share price could soon rally back above 300p as demand for the company's services booms. The post Why I believe the Tesco share price could soon return to 300p appeared first on The Motley Fool UK.
- Reuters - UK Focus
MORNING BID-Fighting the Fed (or trying to)
"Don't fight the Fed" is the old adage, but markets seem to be doing their best to do that anyway – another set of Fed measures on Tuesday was meant to reassure markets that the U.S. central bank was there to backstop and provide an adequate supply of dollars. Many will recall the rush to buy its debut bond some years ago.
- Reuters
Tesco recruits 35,000 workers to get through coronavirus crisis
Britain's biggest retailer Tesco said on Tuesday it had recruited 35,000 additional workers in the last 10 days to help get it through the coronavirus emergency, which has triggered a dramatic increase in demand for groceries. The supermarket group is the country's largest private sector employer with around 340,000 workers in the United Kingdom and Ireland and nearly 3,800 stores. The new workers, including in-store shelf stackers, pickers for online deliveries and drivers, will help fill a gap left by those absent due to sickness or self-isolation.
- Reuters
Britain's Tesco recruits 35,000 workers to get through coronavirus crisis
Britain's biggest retailer Tesco said on Tuesday it had recruited 35,000 additional workers in the last 10 days to help get it through the coronavirus emergency, which has triggered a dramatic increase in demand for groceries. The supermarket group is the country's largest private sector employer with around 340,000 workers in the United Kingdom and Ireland and nearly 3,800 stores. The new workers, including in-store shelf stackers, pickers for online deliveries and drivers, will help fill a gap left by those absent due to sickness or self-isolation.
- Fool.co.uk
A solid FTSE 100 stock I’d buy in this market crash
I think this FTSE 100 stock is a bargain as a result of the recent stock market crash.The post A solid FTSE 100 stock I’d buy in this market crash appeared first on The Motley Fool UK.
- Reuters - UK Focus
MORNING BID-Goodbye to a nightmarish quarter
For European stocks you have to go back even further – to 2002. Mexico's peso is set for its worst month since December 1994, the year of the "tequila crisis", forcing authorities to activate a currency swap mechanism established with the U.S. Federal Reserve.
- Yahoo Finance UK
Record £10.8bn spent on groceries in 'March madness'
A record £10.8bn was spent in supermarkets and corner shops over the last four weeks, according to market research firm Kantar Worldpanel.
- Reuters - UK Focus
March was biggest month on record for UK grocery sales - Kantar
- Reuters - UK Focus
UK supermarket visits jump by 79 mln before coronavirus lockdown -Nielsen
Britons made over 79 million extra grocery shopping trips in the four weeks to March 21 year-on-year as they stocked their "pandemic pantries", driving a 20.5% jump in supermarket sales, industry data published on Tuesday showed. Market researcher Nielsen said British consumers spent an additional 1.9 billion pounds ($2.4 billion) on groceries. The data showed that in the week ending March 21, two days before Prime Minister Boris Johnson announced the full UK lockdown to try to contain the coronavirus spread, sales rose 43% compared to the same period last year.
- Reuters - UK Focus
'Like Glastonbury tickets' - Britons chase online grocery slots in coronavirus crisis
British supermarkets are frantically trying to build up their online operations during the coronavirus emergency but no matter how hard they work they will not have enough capacity to meet unprecedented levels of demand. With Britain in lockdown, analysts estimate about 25% of food purchasing has switched from cafes, restaurants and bars to the grocery retail sector as people adapt to the new way of living. Prior to the health crisis about 8% of British grocery demand was ordered online, with 92% bought in stores.
- Stockopedia
Is Tesco's share price being held back by a weak balance sheet?
In 2009, Morgan Stanley strategy analyst, Graham Secker, used the Z-score to rank a basket of European companies. He found that the companies with weaker balan8230;
- Reuters - UK Focus
MORNING BID-The best laid plans of mice and men...
More than $10 trillion in stimulus – fiscal, monetary and increasingly unorthodox – is being deployed against the crisis, including 150 basis points in Fed rates cuts, repo operations, swaplines and short-term funding to ease strains in money markets. Bob Michele at JPMorgan Asset Management describes it as "the greatest mobilisation of sweeping policy that any of us have ever witnessed." Markets seem uncertain – after Friday's selloff, we had a shaky start in Asia and now Europe markets are up as are U.S. equity futures.
- Zacks
3 Cheap Dividend Stocks Under $20 to Buy Now for Coronavirus Volatility
Today we dive into three cheap stocks trading under $20 a share that also pay a dividend that investors might want to buy now during coronavirus volatility...
- Yahoo Finance UK
Coronavirus: Tesco to limit online orders to 80 items
The grocery giant said it wanted to free up delivery slots for vulnerable customers during the coronavirus pandemic.
- Yahoo Finance UK
UK government helps supermarkets prioritise 'vulnerable shoppers'
Supermarkets in England will prioritise delivery slots for the most vulnerable people during the Covid-19 pandemic, using government data.
- Reuters - UK Focus
Britain's Tesco limits online shop to 80 items during coronavirus crisis
Britain's biggest supermarket group Tesco will limit the number of items customers can order in an online shop to 80 during the coronavirus emergency, it said on Friday. Tesco said the threshold of 80 has been set so that it does not restrict customers doing a normal weekly shop.
- Reuters - UK Focus
MORNING BID-What's the (virus) damage? Singapore offers a hint
On the policy front the news is good – the U.S. $2 trillion stimulus package has been approved and the European Central Bank has given itself unprecedented flexibility in implementing its PEPP 750 billion-euro bond-buying programme. In the UK, already battered by Brexit uncertainty, data showed retail sales failed to grow in February - before the virus really hit Britain.
- Reuters - UK Focus
MORNING BID-Up day on stock market seesaw
After the biggest one-day rise on the Dow Jones since 1933 (!), look for more gains today as Wall Street futures are heading up again. The U.S. Congress finally came through with a $2 trillion spending package that will include things like unemployment benefits and loans for businesses but also $1,200 for citizens under a certain income threshold. JPMorgan flow tracker Nikolaos Panigirtzoglou reckons there are pending equity market inflows of up to $800 billion -- from those who went short or just fled equities -- and now it looks like some of that money is being unleashed.
