UK MARKET TALK ROUNDUP: BROKERS COMMENTS
15th Jun 2010 08:19
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0719 GMT [Dow Jones] Tesco's (TSCO.LN) first-quarter trading update is a mixed bag, says Richard Hunter, Head of UK Equities
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
15th Jun 2010 08:19
0602 GMT [Dow Jones] Thai shares +0.1% at 782.01 midday break but moderate volume suggests lack of conviction; "due to the absence of domestic driver, European markets' movement may dictate the Thai stock market in the afternoon trading session," says Capital Nomura Securities strategist Chai Jirase
Read moreMARKET TALK: Tesco 1Q A 'Mixed Bag' - Hargreaves
15th Jun 2010 08:19
0719 GMT [Dow Jones] Tesco's (TSCO.LN) first-quarter trading update is a mixed bag, says Richard Hunter, Head of UK Equities at Hargreaves Lansdown Stockbrokers, following on from a solid if unexciting set of full year figures two months ago. Says Asian sales are strong, but U.K. sales are flat. "Co
Read moreUPDATE: Tesco Calls For No Rise In VAT As 1Q Sales Slow
15th Jun 2010 08:11
(Adds CEO, FD comment, detail.) By Simon Zekaria Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Tesco PLC (TSCO.LN), the U.K.'s largest retailer by sales, Tuesday called on the government not to damage a fragile economy by raising value-added tax. Finance Director Laurie McIlwee said t
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
15th Jun 2010 07:59
0555 GMT [Dow Jones] Taiwan government bonds end higher on short-covering after bond bears fail to push benchmark 10-year yield through key resistance level, says local brokerage trader. Fresh buying into off-the-run 10-year bond capped its yield at 1.51%, forcing short-covering in current 10-year n
Read moreMARKET TALK: Tesco UK LFL Sales Tad Disappointing - Analyst
15th Jun 2010 07:59
0659 GMT [Dow Jones] Tesco's (TSCO.LN) 1Q like-for-like sales growth of 0.1% ex-VAT are a tad disappointing, but expectations were pretty low, given the moves in petrol and food prices, says Arden Partners analyst Nick Bubb. Notes international sales are solid enough, and says "the detailed and hone
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
15th Jun 2010 07:59
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0659 GMT [Dow Jones] Tesco's (TSCO.LN) 1Q like-for-like sales growth of 0.1% ex-VAT are a tad disappointing, but expectations
Read moreMARKET TALK: Tesco 1Q Broadly In-Line - Shore Capital
15th Jun 2010 07:54
0654 GMT [Dow Jones] Tesco's (TSCO.LN) 1Q update is broadly in line with expectations, if anything a little toward the top end of expectations, says Shore Capital. It notes like-for-like sales are broadly flat, a result Shore is relaxed about, with Europe slightly positive and Asia slightly negative
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
15th Jun 2010 07:54
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0654 GMT [Dow Jones] Tesco's (TSCO.LN) 1Q update is broadly in line with expectations, if anything a little toward the top en
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
15th Jun 2010 07:54
0554 GMT [Dow Jones] Taiwan shares end +0.9% at 7454.06, highest since May 19, led by banks, tourism companies, transportation stocks as they continue to be boosted by recent positive news on progress in planned Taiwan-China trade pact, says Grand Cathay Securities analyst Mars Hsu. Still, says "the
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
15th Jun 2010 07:53
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0653 GMT [Dow Jones] Tesco's (TSCO.LN) trading update is very much in line with expectations, says an analyst, noting sales g
Read moreMARKET TALK: Tesco Update In Line; UK Mkt Still Challenging
15th Jun 2010 07:53
0653 GMT [Dow Jones] Tesco's (TSCO.LN) trading update is very much in line with expectations, says an analyst, noting sales growth in the UK is slowing, which suggests a challenging market outlook. Still, "the international impact on trade has been at the top end of our expectations, with total sale
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
15th Jun 2010 07:53
0554 GMT [Dow Jones] Taiwan shares end +0.9% at 7454.06, highest since May 19, led by banks, tourism companies, transportation stocks as they continue to be boosted by recent positive news on progress in planned Taiwan-China trade pact, says Grand Cathay Securities analyst Mars Hsu. Still, says "the
Read moreMARKET TALK: Tesco 1Q Update Shows Solid Start -RBS
15th Jun 2010 07:52
0652 GMT [Dow Jones] Tesco's first-quarter trading update is in-line with expectations and represents a solid start to the year, RBS analyst Justin Scarborough says. The analyst says international sales are improving again. Buy rating and 523 pence target. Shares closed Monday at 392 pence. (simon.z
Read moreMARKET TALK: Tesco 1Q US Sales Encouraging - Execution Noble
15th Jun 2010 07:41
0641 GMT [Dow Jones] Whilst Tesco's 1Q international like-for-like sales are broadly flat, encouragingly, there is high single-digit, like-for-like growth in the US, says Execution Noble. "Still, investors in the 'wait-and-see' camp might not be convinced by the flat LFL sales in the international
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