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FTSE 100 ends flat as the market awaits the outcome of EU leaders emergency meeting on Brexit
The raft of macro-economic news from the US, the UK and ECB policy failed to cheer the FTSE 100 as the focus turned to the meeting in Brussels
Company
Tesco PLC
LON:TSCO
Tesco - the leading supermarket in Britain With small grocery stores under the Tesco Metro brand name, big supermarkets outside cities (Tesco Extra) and 24-hour stores.
1027 stories · page 26 of 52
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Tesco results to dominate company news on ‘Super Wednesday’
With the latest data showing the supermarket losing market share to discounters, investors will be hoping for news on how the group plans to maintain its position at the top
Investments and investor services
FTSE 100 just about manages to close in positive territory as crude oil hits 5-month high and Brexit talks continue to take centre-stage
Brent crude hit a five-month high, led by OPEC's supply cut and geopolitical tensions
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Retailers Tesco and ASOS to provide the main corporate excitement in coming week
Also on the retail front, WH Smith and Dunelm will issue updates as well in the Week Ahead, while on the macro front an ECB rate decision and US FOMC meeting minutes are also due
Asda overtakes Sainsbury's as UK's second largest supermarket ahead of CMA's merger decision
Sainsbury’s, which is in the process of trying to merge with Asda, lost market share as sales declined over the period
Are tobacco and supermarket stocks not the “safe harbour” investments they once were?
Most safe harbour stocks have been confined to a select group of market sectors that include tobacco and food retailers, although enthusiasm seems to be waning for these once dependable stocks
Frontier IP’s Fieldwork Robotics wins funding to accelerate development of fruit-picking robot
Frontier, which holds a 27.5% stake in Fieldwork, said the funding would put towards a project to create a multi-armed robot prototype
Morrison's shares ease as Bernstein downgrades to ‘market-perform’ on valuation grounds
In a note to clients, Bernstein’s analysts pointed out that although it believes Morrison’s is "a great income stock", they see a fairer balance between risks and opportunities
Sainsbury's-Asda merger to put pressure on Bakkavor and other suppliers, says Barclays
Barclays said it is concerned about the “increasingly competitive” UK ready-meals market, in a note on the European food ingredients sector
Britvic names new chief financial officer to replace Matthew Dunn who is leaving to join ASOS
The FTSE 250-listed group said Joanne Wilson is currently chief financial officer at customer data science company, dunnhumby, which is owned by Tesco PLC
Why you should wait to tuck into Greggs shares
Greggs shares have almost doubled since last summer, driven by a strong guidance upgrades, but that rapid rise has left it looking a little expensive to some City analysts
Sainsbury's continues to trail behind rivals in latest industry data
Sainsbury's was the only big four supermarkets to post a sales decline
M&S ready meal supplier Bakkavor predicts weaker margins in first half
Analysts at Peel Hunt repeated a ‘buy’ rating on the stock but cut its target price to 190p from 200p
Sainsbury's plunges as UK regulators leaning towards blocking £10bn Asda merger
“The CMA's current view is that it is likely to be difficult for the companies to address the concerns it has identified”
FTSE 100 closes higher as markets more optimistic on US, China trade
BIg banking group Lloyds was among the top gainers on Footsie
Tesco's pre-tax profits fall and debts rise under new accounting method
IFRS16 boosts operating profit but also leads to a higher interest cost to the bottom line
Berenberg ups Morrisons rating to ‘buy’ from ‘hold’, sees as beneficiary of Sainsbury's/Asda merger
The German bank's analysts argued that the £7.3bn merger deal, announced last April, would materially improve the investment case the most for Morrisons
Sainsbury's, Tesco, Morrisons and Asda lose market share to discounters over Christmas and New Year
Sainsbury's was the worst performer out of the UK's so-called big four supermarkets
Tesco could cut 15,000 jobs as it considers closing fresh food counters and bakeries
Tesco is understood to have told staff in a memo that it was finalising plans to "refresh and simplify the way we serve customers"
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FTSE 100 closes in the red as global market unease continues
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down