Tesco considers sale of Malaysia, Thai businesses
9th Dec 2019 07:03
(Sharecast News) - Tesco on Monday confirmed that it was considering a sale of its businesses in Thailand and Malaysia after "inbound interest" from an unnamed buyer.
Read moreMorrisons sales drop as big four supermarkets lose market share
12th Nov 2019 10:23
(Sharecast News) - Morrisons was the worst performer among the big four supermarkets in the 12 weeks to 3 November, according to data from market research firm Kantar.
Read moreShoreCap stays at 'buy' on Tesco, expresses confidence in management
6th Nov 2019 11:53
(Sharecast News) - ShoreCap sounded a confident note on the implications of the impending changes in Tesco's top ranks for the company's share price, reiterating their recommendation to 'buy' in the process.
Read moreSainsbury's returns to sales growth - Kantar
15th Oct 2019 09:40
(Sharecast News) - Sainsbury's was the best performer among the big four supermarkets in the 12 weeks to 6 October as it returned to sales growth, according to data from research firm Kantar.
Read moreFormer Treasury mandarin Kingman to join Tesco Bank
7th Oct 2019 09:42
(Sharecast News) - Sir John Kingman, the City grandee who helped shape the government's response to the 2008 financial crisis, is to join Tesco Bank as a non-executive director, ruling him out of the race to become governor of the Bank of England.
Read moreThursday broker round-up
3rd Oct 2019 12:41
(Sharecast News) - Filtrona: Peel Hunt upgrades to buy with a target price of 140p.
Read moreTesco CEO Lewis steps down as interim profits rise
2nd Oct 2019 07:02
(Sharecast News) - Tesco chief executive Dave Lewis said unexpectedly that he would step down in 2020 to be replaced by Walgreens Boots Alliance executive Ken Murphy as the company reported higher interim profits.
Read moreWednesday preview: US ADP jobs report, Tesco in the spotlight
1st Oct 2019 13:50
(Sharecast News) - Barring surprises, financial markets' focus on Wednesday will begin to shift towards the US labour market.
Read moreMonday broker round-up
23rd Sep 2019 11:33
(Sharecast News) - Petra Diamonds: Berenberg upgrades to hold with a target price of 9p.
Read moreSainsbury's outperforms peers in latest Kantar data
17th Sep 2019 09:26
(Sharecast News) - Sainsbury's was the standout performer among the 'big four' supermarkets in the 12 weeks to 8 September, according to data from research firm Kantar.
Read moreTesco sells mortgage portfolio to Lloyds for ?3.8bn
3rd Sep 2019 07:26
(Sharecast News) - Tesco has sold its mortgage portfolio to Lloyds Banking Group for around £3.8bn in cash.
Read moreShore Capital reiterates 'buy' rating on Tesco ahead of interim report card
2nd Sep 2019 10:22
(Sharecast News) - Ahead of supermarket giant Tesco's interim results next month, analysts at Shore Capital Markets took a fresh look at the group on Monday, reiterating their 'buy' rating as a result of a " quantum of considerable solace".
Read moreInvestec upgrades Morrisons to 'buy', says supermarket weakness unwarranted
28th Aug 2019 14:49
(Sharecast News) - Investec upgraded its rating on Morrisons shares to 'buy' from 'hold' on Wednesday as it took a look at the UK supermarket sector, arguing that current weakness is unwarranted.
Read moreTesco to ditch brands with excessive packaging
22nd Aug 2019 12:05
(Sharecast News) - Tesco CEO Dave Lewis said that brands with excessive hard-to-recycle plastic packaging will be banned from its stores and that the company will eliminate own-brand products with the same packaging.
Read more'Big four' supermarkets see sales and market share declines - Kantar
20th Aug 2019 09:26
(Sharecast News) - Sales at Britain's 'big four' supermarkets fell in the 12 weeks to 11 August, according to figures released by research firm Kantar on Tuesday.
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