Tesco's recovery drive produces festive cheer
Group like-for-like sales in the 19 weeks to January 9 rose 0.4%
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.
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Thursday's agenda: Food deflation on Tesco and BoE minds
With food prices in decline, supermarkets are finding it hard to grow like-for-like sales, but it means the Bank of England is in no hurry to raise interest rates to combat inflation
Retail winners & losers: Sainsbury's, Dunelm, Ted Baker, Shoe Zone and Game Digital
Sainsbury dismayed City with lower same-store sales and lack of news on Home Retail
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FTSE 100 bounces back, with blue-chips leading the way
Unusually, the majority of the big gains today were to be found among the FTSE 350 - especially the FTSE 100
FTSE100 on the up as sentiment improves
FTSE100 was buoyed by retail stocks at lunch and investor sentiment seemed to be improving as the index climbed 1.6% higher.
Most followed: Christmas trading winners & losers
Christmas trading updates from the retailers come thick and fast. In the US, Detroit will be showcasing lots of horseless carriages, while investors can't get enough of Wishbone Gold.
Sainsbury's wins battle of the Big Four over Christmas
Sainsbury's was the only one of the Big Four supermarkets to grow share over Christmas while Tesco exceeded expectations
Asda cuts prices by £500mln as supermarket wars intensify
US-owned chain slashes prices to keep up with discounters
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Bombed out Tesco one to check out, according to Barclays
On a week in which retailers came to the market, largely warned on trading and profitability and definitely failed to conquer, Barclays provided an antidote to the gloom with an upgrade to shares in Britain's largest grocer.
FTSE 100 clings to gains despite weak resource stocks
The weakness of resource stocks is threatening to spoil the Footsie's attempts to end the week on an upbeat note
Risers & Fallers: Direct Line, Elementis, Ophir Energy, Tullow Oil, Tesco, Vectura Group
A recovery in the oil price has not done much for Tullow and Ophir. Vectura surges on completion of a clinincal trial for VR315 in the US.
FTSE 100 takes heart from Chinese recovery
It has been a rough week but the Footsie is currently ending it on an upbeat note
Investments and investor services
FTSE100 suffers triple digit loss
The FTSE100 ended the day around 130 points lower at 5,944, tumbling below 6,000.
Shares crash despite talk of rival bid for Home Retail
Footsie fell to 5916, about 100 points away from lows not seen since last August
John Lewis has good Christmas but Waitrose catches cold
Department stores do well but supermarket sales decline
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Barclays pharma experts bullish on Shire and Glaxo
Shares in drug giants Glaxo and Shire should stay in fine heath this year, Barclays says
Investments and investor services
FTSE100 drops 40 as supermarkets struggle
The FTSE100 ended the day 40 points, or 0.6% lower at 6,274.
Investments and investor services
FTSE100 moves firmly away from three-year lows
The index appears likely to end its run of eight straight daily falls,
FTSE100 registers triple digit gains
The index appears likely to end its run of eight straight daily falls,
Investments and investor services
FTSE100 rally gives investors something to cheer
The FTSE 100 Index was around 1.5%, or 90 points, higher to 5,964