UK MARKET TALK ROUNDUP: SHARES GAINING

22nd Jun 2010 15:40

Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1440 GMT [Dow Jones] Renumeration levels are an issue for Tesco (TSCO.LN), PRIC analysts say. Says shareholders should oppose the group's remuneration report at the annual general meeting on July 2. Says Terry Leahy's financial renumeration, which last year was the second-highest paid director within the FTSE 100 consumers services sector in terms of salary, is not calculated on a sufficient number of industry comparative criteria. Shares +1.3% at 393p. ([email protected]) 1025 GMT [Dow Jones] Whitbread's (WTB.LN) 1Q update shows the strength of its performance coming out of a recession and how strongly it is geared to recovery, says Evolution Securities. Says momentum at the business is growing, and new CEO Andy Harrison will have an excellent platform to exploit any recovery when he joins the business this autumn. Adds the company's balance sheet is strong. Has the stock at buy, with 1585p price target. Shares +2.6% at 1516p. ([email protected]) Contact us in London. +44-20-7842-9288 [email protected] (END) Dow Jones Newswires June 22, 2010 10:40 ET (14:40 GMT)