|Bid||200.00 x 215000|
|Ask||213.00 x 175000|
|Day's Range||208.31 - 212.50|
|52 Week Range||165.35 - 217.10|
|PE Ratio (TTM)||24.98|
|Forward Dividend & Yield||0.02 (0.93%)|
|1y Target Est||N/A|
U.K. blue-chip stocks finish slightly higher, helped by gains for supermarket giant Tesco, as investors focus on the decision by Anglo-Dutch consumer goods giant Unilever to consolidate its two headquarters ...
There are a number of reasons that attract investors towards large-cap companies such as Tesco PLC (LSE:TSCO), with a market cap of UK£20.63B. Big corporations are much sought after byRead More...
The John Lewis Partnership expects further pressure on profits in 2018 after a 22 percent drop last year as a result of persistent competition on the British high street. Margins at its upmarket supermarket chain Waitrose were squeezed in 2017 as the group tried to keep prices competitive while costs rose due to a fall in the value of sterling. John Lewis Partnership chairman Charlie Mayfield on Thursday blamed falling disposable income, a lack of activity in the housing market and the negative impact of Brexit on consumer sentiment for Britons reining in their spending.
Profits at the John Lewis Partnership fell by more than three-quarters in its latest financial year, with drab demand and pressure on margins at its premium supermarket Waitrose underlining the breadth ...
U.K. stocks rise for a second straight session, boosted by a rally in shares of Smurfit Kappa and Intertek, as fears over Trump-inspired global trade wars abate.
Sainsbury's, Britain's second largest supermarket group, plans to increase the base rate of pay for staff working in stores but stop paid breaks and an annual bonus, in a move it said would leave most staff better off. Sainsbury's employs 195,000 in Britain and Ireland and is the UK's second biggest private sector employer after rival Tesco. Sainsbury's, which also owns the Argos chain, said it would finance the pay increase through an ongoing cost savings programme within the business.
Love was in the air this February . . . at least as far as demand by British consumers for ready-meals was concerned. Sales of chilled ready meals as part of a ‘meal deal’ soared 26 per cent in February ...
Market leader Tesco and No. 4 Morrisons were the best performers of Britain's big four supermarkets over the last three months, industry data showed on Tuesday. Grocery inflation was 2.9 percent during the period, down from 3.6 percent in Kantar's February report. Market researcher Kantar Worldpanel said Tesco and Morrisons' sales both increased 2.7 percent year-on-year over the 12 weeks to February 25 - ahead of growth of 2.3 percent at No. 3 Asda and 1.1 percent at No. 2 Sainsbury's.
U.K. stocks end in the green on Monday, snapping a four-session slide, as supermarket chains Tesco and Morrison’s advanced, and as last week’s selloff offered opportunities to investors.
Tesco's 4 billion pound takeover of Booker has completed, both companies said on Monday, creating a new powerhouse in Britain's 200 billion pound-a-year food market. The cash and shares deal to combine Tesco, Britain's biggest retailer, with Booker, the country's largest wholesaler, received court approval on Friday and is now in effect. Booker shares have now been de-listed from the London Stock Exchange.
Three former senior Tesco executives look set to face a London jury for a second time over 250 million pound accounting scandal after their first trial was called off shortly before the jury was due to consider its verdict. The Serious Fraud Office (SFO), which is prosecuting the case, said on Friday it had written to the court to seek a retrial of former finance director Carl Rogberg, former managing director of Tesco UK Christopher Bush, and former UK food commercial director John Scouler. In 2016 the SFO charged the men each with one count of fraud by abuse of position and one count of false accounting.
Tesco's 4 billion pound ($5.5 billion) takeover of Booker was overwhelmingly backed by shareholders of both companies on Wednesday, clearing the final hurdles to the creation of a new powerhouse in Britain's 200 billion pounds-a-year food market. Investor approval, which followed the regulatory green light in December, means the cash and shares deal to combine Tesco, Britain's biggest retailer, with Booker, the country's largest wholesaler, is set to complete on March 5. The support is a personal victory for Tesco Chief Executive Dave Lewis, who stunned the market in January 2017 with an agreed deal with Booker that was originally valued at 3.7 billion pounds.
Two leading investors in British wholesaler Booker are backing a takeover by retail giant Tesco, despite a late push by an activist hedge fund and shareholder advisers to secure better terms. Tesco agreed a 3.7 billion pounds ($5.2 billion) deal for Booker in early 2017 and received regulatory approval in December. It now needs 75 percent of votes cast at a Feb. 28 meeting of Booker investors to proceed.
Investor advisory firm Glass Lewis has urged shareholders in British wholesaler Booker Group (BOK.L) to reject a takeover by retailer Tesco (TSCO.L), dealing a fresh blow to the proposed 3.7 billion-pound deal. The premium offered by Tesco's shares-and-cash bid "clearly lags regional trends," and Booker shareholders should vote against the deal at a meeting on Feb. 28 called to approve it, Glass Lewis told clients in a report on Tuesday.
Asda, the British supermarket arm of Walmart (WMT.N), underperformed its main rivals over the Christmas quarter, reporting only a small rise in underlying sales despite industry inflation. The outcome illustrated the challenge facing Asda's new boss Roger Burnley, who succeeded Walmart veteran Sean Clarke as chief executive at the start of January. Burnley re-joined Asda in 2016 as chief operations officer after a stint at Sainsbury's (SBRY.L).
Asda, the British supermarket arm of Walmart, underperformed its main rivals over the Christmas quarter, reporting only a small rise in underlying sales despite industry inflation. The outcome illustrated the challenge facing Asda's new boss Roger Burnley, who succeeded Walmart veteran Sean Clarke as chief executive at the start of January.
Investors in retailer Booker (BOK.L) should reject a "less than compelling" 3.7 billion pounds takeover bid by British market leader Tesco (TSCO.L), a top advisory firm said. Institutional Shareholder Services (ISS), which advises pension schemes and others on how to vote on corporate issues, said in a note dated Feb. 14 the planned cash-and-shares deal was skewed towards Tesco shareholders at its current level. The view of ISS mirrors that of activist hedge fund Sandell Asset Management, which owns 1.75 percent of Booker and has said it wants the deal scrapped unless the target can secure better terms.
Assessing Tesco PLC’s (LSE:TSCO) past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company has met or exceedRead More...