Tesco Bank pulls out of mortgage market
21st May 2019 07:05
(Sharecast News) - Tesco's banking arm has quit mortgage lending and will try to sell its £3.7bn of existing mortgages, blaming persistently difficult market conditions for the decision.
Read moreFriday broker round-up
17th May 2019 13:35
(Sharecast News) - Thomas Cook: Citigroup downgrades to sell with a target price of 28p.
Read moreHot Easter helps drive stronger UK grocery sales, Kantar says
30th Apr 2019 08:05
(Sharecast News) - Grocery sales growth increased in the past three months as warm weather prompted shoppers to spend a record £2.5bn during the Easter week.
Read moreTesco publishes prior full-year results on a post-IFRS 16 basis
29th Apr 2019 07:37
(Sharecast News) - Tesco on Monday published its revised results for the year ending in March to reflect the transition to the new accounting standards for leases, known as IFRS 16.
Read moreTuesday broker round-up
23rd Apr 2019 12:19
(Sharecast News) - Smurfit Kappa: Goldman Sachs downgrades to sell with a target price of 2,475p.
Read moreTuesday broker round-up
16th Apr 2019 12:44
(Sharecast News) - Galliford Try: Peel Hunt downgrades to hold with a target price of 700p.
Read moreThursday broker round-up
11th Apr 2019 11:58
(Sharecast News) - Ocado: HSBC downgrades to reduce with a target price of 900p.
Read moreTesco profits jumps as turnaround nearly completed
10th Apr 2019 07:20
(Sharecast News) - Tesco reported a 28.8% jump in full-year pre-tax profit on Wednesday as revenue grew and the company sounded an upbeat note on the outlook.
Read moreWednesday broker round-up
3rd Apr 2019 13:41
(Sharecast News) - Anglo Pacific Group: Berenberg initiates at buy with a target price of 226p.
Read moreTesco looks better value than rivals, Goldman reckons
3rd Apr 2019 12:02
(Sharecast News) - Tesco shares outperformed on Wednesday as Goldman Sachs sang the grocer's praises following the first quarter in a year where its sales have outshone all its Big Four rivals.
Read moreAsda and Aldi overtake supermarket rivals - Kantar
2nd Apr 2019 08:03
(Sharecast News) - Asda moved up to become the second largest supermarket in Britain in recent weeks, while discounter Aldi overtook Morrisons in terms of shopper numbers.
Read moreTesco trials plastic-free packaging for fruit and veg
25th Mar 2019 12:12
(Sharecast News) - Tesco is launching on Monday a trial to remove plastic packaging from fruit and veg in its aim to cut down on plastic pollution.
Read moreSupermarkets benefit as shoppers stockpile food for no-deal Brexit
5th Mar 2019 08:49
(Sharecast News) - One in ten shoppers claim to have started stockpiling food to prepare for a no deal Brexit, according to the latest industry data, while Sainsbury's sales continued to fall.
Read moreTesco 'sitting pretty' amid Sainsbury-Asda merger developments, says Jefferies
20th Feb 2019 16:38
(Sharecast News) - Jefferies stood by its 'buy' rating of Tesco on Wednesday, commenting that the case for investing in the company's shares remains unchanged after the Competition & Markets Authority's airing of "extensive" concerns over a proposed £13bn merger between Sainsbury's and Asda.
Read moreTesco leads big four as vegan trend boosts sales - Kantar
5th Feb 2019 08:04
(Sharecast News) - Tesco, Asda and Morrisons led the way as sales of fruit and vegetables in supermarkets grew as 'Veganuary' took hold, but Sainsbury's had a dry January even though the sector's alcohol sales fizzed higher.
Read more