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Stock Market & Financial Investment News

News Breaks
March 19, 2013
08:17 EDTTSCDY, JSAIYSainsbury benefits as horsemeat scandal hurts peers, FT says
U.K. grocer Sainsbury (JSAIY) has been able to avoid the recent horsemeat scandal impacting Tesco (TSCDY) and its other peers, helping the bounce back from a slow holiday season, according to Financial Times. Reference Link
News For JSAIY;TSCDY From The Last 14 Days
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October 7, 2015
06:41 EDTTSCDYTesco has decided not to sell Dunnhumby
Tesco announced that it has decided not to sell its loyalty card data business, Dunnhumby, following a comprehensive strategic review.
06:39 EDTTSCDYTesco says market remains 'challenging'
The company commented, "In the second half we will continue to benefit from initiatives already undertaken to improve our competitive position and reduce our cost base, leaving our full year expectations unchanged. Our focus remains on doing the right thing for customers and we are prepared to invest further if we see additional opportunity or need to enhance the long-term competitive position of the business."
06:39 EDTTSCDYTesco reports reports EPS 1H Group operating profit of GBP 354M
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October 6, 2015
12:54 EDTTSCDYSFO mulling plea deal with Tesco, FT reports
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12:18 EDTTSCDYTesco to simplify trade terms with suppliers
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October 5, 2015
08:21 EDTTSCDYTesco results likely to impress investors, 'rout bears,' says Bernstein
Bernstein expects Tesco's interim 1H15 results, due to be reported on Wednesday, to show impressive U.K. sales, increased balance sheet stability, and visibility on margins doubling next year. The firm thinks that investors should be pleased by these results, while they will prove the bears' thesis of a "stalled recovery" incorrect. Bernstein keeps an Outperform rating on the shares.

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