Tesco shares fall on dividend cut fears
18th Aug 2014 15:08
Tesco's share price was under pressure on Monday as investors expressed concerns with the sustainability of its dividend after a major shareholder suggested that the company should slash its payout. David Herro of Harris Associates, which owns a 3% stake in the UK's biggest retailer, told The Sunda
Read moreSector movers: Tesco drags supermarket sector lower on divi outlook
18th Aug 2014 14:37
Grocery stocks were bucking the trend on Monday with supermarket heavyweights Tesco and Wm Morrison under pressure on concerns over their dividends. Despite wider market strength on the back of easing geopolitical concerns - London's FTSE 100 was up around 0.8% in afternoon trade - Tesco's share pr
Read moreLondon midday: Stocks rise as geopolitical tensions ease
18th Aug 2014 11:34
- Investors focus on crisis talks in Berlin - Carney says rate hike may come before wage growth - UK asking prices drop by record 2.9% in August - Bovis Homes impresses with 166% increase in H1 profit techMARK 2,779.40 +0.86% FTSE 100 6,733.96 +0.67% FTSE 250 15,763.23 +0.61% A reduction in geopol
Read moreLondon open: Stocks rise amid Ukraine crisis talks
18th Aug 2014 09:14
- Crisis talks in focus in Berlin - UK rates could rise before wage growth sets in, Carney says - Bovis gains after strong growth in H1 profits techMARK 2,780.09 +0.89% FTSE 100 6,734.04 +0.67% FTSE 250 15,757.36 +0.57% UK stocks rose strongly on Monday on the back of a slight reduction in geopoli
Read moreMonday newspaper round-up: Asking prices, Tesco, Sainsbury's...
18th Aug 2014 07:05
House sellers' asking prices fell steeply by 2.9% month-on-month to £262,401 typically in August as the mood of the market grows calmer in London in particular, website Rightmove has reported. The dip as sellers adopt a "summer sales" attitude is the largest for the month of August that Rightmove ha
Read moreSunday newspaper round-up: Mark Carney, Carillion-Balfour, Tesco
17th Aug 2014 15:49
The UK economy is more than halfway to full recovery, the Governor of the Bank of England (BoE) told the Sunday Times. Mark Carney, in an interview marking the first anniversary of his forward guidance policy, told the paper economic expansion was proceeding and that momentum was more assured. "Wher
Read moreBritish Land fully pre-lets shopping mall extension in York
13th Aug 2014 09:08
Developer British Land and supermarket group Tesco have fully pre-let the £19m extension of a shopping centre in Yorkshire. The pair have let all the units in the new wing of the Clifton Moor Shopping Park in York to tenants including Wren Living, DFS, Harvey's, Oak Furniture Land and JYSK. Britis
Read moreFTSE 100 movers: Prudential impresses with H1 profits, oil stocks fall
12th Aug 2014 14:49
Insurer Prudential impressed the market on Tuesday after the insurer's US and Asia businesses helped to boost group operating profits by a better-than-expected 17% to £1.52bn in the first half, despite a drop in UK annuity sales sparked by government pension changes. Oil stocks such as Shell, BP a
Read moreSunday newspaper round-up: Barclays, Carillion-Balfour, Ofgem
10th Aug 2014 18:30
Rona Fairhead, the former boss of the Financial Times, and Howard Davies, the ex-chief City regulator, are the two leading candidates to chair Barclays, the Sunday Times reported. Fairhead ran the FT for seven years and is a non-executive director at HSBC. Davies is the Government's favourite troubl
Read moreLondon close: Stocks pare losses despite geopolitical jitters
8th Aug 2014 17:17
- US authorises Iraq airstrikes - Fighting resumes in Gaza - Banks, supermarkets, precious metals limit losses techMARK 2,694.22 -0.58% FTSE 100 6,567.36 -0.45% FTSE 250 15,243.38 +0.02% UK stocks had pared earlier losses by the close of trading although risk-averse traders remained on the sidelin
Read moreTesco shares hit 10-year low following S&P downgrading
8th Aug 2014 16:50
Tesco shares reached their lowest point in a decade on Thursday, as Standard & Poor's (S&P) cut its rating on the supermarket's stock following last month's profit warning. The profit alert was issued in July as David Lewis, president of Unilever's personal care division, was announcement as the re
Read moreLondon midday: Losses pared but geopolitics still a concern
8th Aug 2014 12:10
- US authorises Iraq airstrikes - Fighting resumes in Gaza - TUI Travel and wider sector tumbles - Banks, supermarkets, precious metals limit losses techMARK 2,684.77 -0.93% FTSE 100 6,559.47 -0.57% FTSE 250 15,185.28 -0.36% UK stocks had pared early losses but were still firmly in the red by Frid
Read moreFriday newspaper round-up: Iraq, Tesco, RBS...
8th Aug 2014 06:45
Barack Obama has authorised targeted air strikes against Islamic militants in Iraq, as the US military began an airborne operation to bring relief to thousands of minority Iraqis driven to a grim, mountain-top refuge. Describing the threats against stranded Yezidi refugees as holding the potential f
Read moreSunday newspaper round-up: Carillion-Balfour, share sell-off, Lloyds Banking
3rd Aug 2014 18:04
Carillion plans to put Balfour Beatty in a "bear hug" to tempt Balfour's shareholders to support its attempted takeover, the Sunday Times said. Carillion last week scuppered a planned all-share merger when it backtracked on the agreed sale of Balfour's Parsons Brinckerhoff US design consultancy. Wit
Read moreBroker tips: RBS, Tesco, Capita
1st Aug 2014 13:08
Investors should 'sell' shares of Royal Bank of Scotland following the bank's second-quarter results on Friday, according to Investec. The broker highlighted that RBS pre-released a better-than-expected set of second-quarter numbers last week, which sparked "wild euphoria and an 11% one-day spike".
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