Investments and investor services
FTSE 100 closes below 7,000 on Brexit and US jobs worries
IGas was on a charge after a milestone decision for the UK shale gas industry
Company
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 43 of 52
Investments and investor services
IGas was on a charge after a milestone decision for the UK shale gas industry
“If Tesco's profit and loss [account] stopped at the operating line then we feel pretty convinced that we would be much more sanguine on the group's shares,” said Shore Capital’s veteran retail analyst Clive Black.
Analysing the supermarket's chart technical analyst Zak Mir told traders to watch out for a "golden cross" buy signal.
Main share price risers and fallers in London at 3.15pm
The top-share index spurned another chance to hit an all-time high.
Archive
ITV and Inmarsat were the only two media and telecoms firms downgraded by Barclays in its latest note on the industry
According to one City heavyweight, the answer is a resounding yes.
Investments and investor services
FTSE 100 shares had a good start to the fourth quarter, helped by good manufacturing data and hopes that the pound's sharp fall on Monday will help exporters
Retail titans dominate the corporate schedule this week
Archive
An early look at some City analyst views on Monday morning
The broker Credit Suisse this morning provided an in-depth look at the grocers and gave its take on just which of the biggies will prosper in the current environment.
While there are still some ‘buyers’ out there, the majority (eight out of 12 analysts polled by the Broker Forecasts site) have either ‘sell’ or ‘neutral’ recommendations on the online shopping specialist.
Builders and building materials
London’s blue-chip stocks rose and ended just shy of their highest point of Thursday, up 0.9% at 6,730 after gains by supermarkets as well building firms after the government’s nod to construction of nuclear power station Hinkley Point C
Tim Martin's big Brexit regret, Mike Ashley's unexpected allies, and the Tesco fraud trio charged.
The Serious Fraud Office has charged three former Tesco (LON:TSCO) executives with fraud following the profits warning in 2014 that plunged the supermarket chain into chaos.
Tim Mason launched the Tesco Clubcard and was the former boss of the supermarket giant’s failed Fresh & Easy venture
The retail billionaire’s new £100mln yacht was renamed ‘BHS Destroyer’ by a TV comedian, and Christmas has come early for some UK supermarkets
UK shares closed higher on Tuesday, as miners once again outperformed other stocks, along with housebuilders and grocer Tesco, while the FTSE 250 index headed to May 2015 highs
London's blue chip index was 46 points higher at 6,874
Tourists visiting Britain went on a spending binge last month, with the Japanese visitors proving particularly profligate.