Tesco Shares News & Articles

Market report: Retail reports defy high-street gloom while Indivior swoons on US court ruling

UK stocks are mostly treading water on Wednesday ahead of yet another Brexit Summit in Europe and a meeting of the European Central Bank. The FTSE 100 is unchanged on last night's close at 7,427 points while the FTSE 250 is up a smidge at 19,463 points. Supermarket giant Tesco (TSCO) reports full year sales and margins which are above its own forecasts, under-pinning the stock’s recent ...

Market report: Brexit, Bonmarche, Wizz Air in focus as Asda over takes Sainsbury in supermarket sales battle

Brexit headlines dominate the news agenda in an otherwise very quiet day for company news on the stock market on Tuesday. This follows politician’s failure again last night to come to any sort of consensus over the best way forward for the UK. That puts the pound under more pressure early on Tuesday with Sterling losing ground against both the euro and dollar. But UK stock markets remain ...

Marks & Spencer marked down as transformational Ocado tie-up comes at great cost

After admitting to talks yesterday, Marks & Spencer (MKS) confirms plans to form a £1.8bn grocery joint venture with technology delivery firm Ocado (OCDO). The fact the latter’s shares ripen another 4% to £10.30 on the news reflects a perception the deal makes more sense for Ocado than for Marks & Spencer, whose entry into the food delivery business for the first time comes at a hefty ...
Showing 1 to 20 of 520