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FTSE 100 ends in the red amid Brexit jitters and rise in UK inflation
The FTSE 100 index closed down 10.8 at 7,516 on the day
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 35 of 52
Lidl UK to open new warehouse in Peterborough as it continues rapid expansion
Lidl is to open its 15th and largest distribution centre in the UK, creating 500 jobs
Booker hopeful £3.7bn swoop by Tesco will be tied up early next year
The cash and carry group updated on the deal alongside interim results
FTSE 100 closes at record high bolstered by weak pound on Brexit talks 'stalemate'
In a joint news conference held later in the day, Barnier admitted that some progress had been achieved on citizens' rights and Ireland's common travel area
M&S and Tesco ready meals supplier Bakkavor to float on London Stock Exchange
Bakkavor will float about 25% of its capital on the LSE in a deal that could value it at up to £1.5bn
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UBS raises target price for Tesco, thinks UK margin progression “is fine in context of a major price repositioning”
The Swiss bank’s analysts increased their target for Tesco to 270p, up from 260p previously, and reiterated a ‘buy’ rating on the stock
FTSE 100 closes firmly in positive territory as sterling slides
The FTSE 100 rose to within a couple of points of 7,500 after US markets opened higher
Every little fails to help: Tesco shares reverse as City looks beyond surprise dividend resumption
Mike van Dulken, head of research at Accendo Markets, commented: “A return of dividends has been long awaited as evidence of management faith in the turnaround and recovery
Tesco resumes dividends for first time since 2014/15 accounting scandal, after strong first half profit growth
The FTSE 100-listed firm reported a 27.3% jump in operating profit before one off items to £759mln for the six months to August 31, up from £596mln a year earlier and beating the consensus forecasts for around £700mln
FTSE 100 barely changed after PM's speech; Centrica slides
Not much happening among the blue-chips but Image Scan and Future were among the big movers in the small caps sector
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Tesco set for 'upbeat interims', but Topps Tiles' trading update expected to be drab
The day ahead includes first half numbers from supermaket giant Tesco PLC and a fourth quarter trading update from struggling tiles retailer Topps Tiles PLC
Sainsbury's the only 'buy' as Berenberg sizes up the winners and losers in the UK grocery sector
The German bank warned of: “Slow market growth, market share losses in the supermarket channel and intensifying competitive and cost pressures will continue to restrict growth and margin expansion for Tesco, Sainsbury and Morrison”
FTSE 100 closes higher, boosted by weak sterling and Ferguson
The pound's weakness is the source of the Footsie's late strength
Archive
Healthier options expected to help drive growth at food-on-the-go specialist Greggs
Day ahead includes a trading update from food-on-the-go specialist Greggs PLC, and first half results from Ferguson PLC - the plumbing supplies group formerly known as Wolseley
Credit Suisse says Tesco is “most at risk” from Aldi and Lidl’s continued growth
Analyst Stewart McGuire says only 65% of Tesco stores have an Aldi or Lidl within two kilometres of them - the lowest percentage of the 'Big Four'
FTSE 100 closes firmly higher as weak pound gives it a boost
FTSE 100 closed over 66 points higher at 7,438 with budget carrier easyJet the top flyer
Archive
Tesco and Greggs to give a taste of high street conditions; hurricanes could have blown away US jobs
Week ahead to include first half results from supermarkets giant Tesco PLC, an update from high bakery chain Greggs PLC (LON:GRG), and the latest US jobs data
More price-cutting sees Aldi UK’s profits fall for third straight year
Aldi has been forced to respond as the so-called ‘big four’ fight back with price reductions of their own