TSCDF.PK: Tesco Plc Ord Twitter on Stock

Quote & Headlines Market Currents StockTalk

All
| Earnings
| Dividends
| M&A
| On the move

Thursday, June 13, 8:24 AM The Wild Oats grocery chain could launch itself again with a little help from Ron Burkle who is rumored to be close to buying Fresh & Easy stores in the U.S. from Tesco (TSCDF.PK). The investor could also house Wild Oats in A&P and Pathmark stores, according to the buzz. Once upon a time Whole Foods Market (WFM) tried to buy Wild Oats, should it be worried about its possible resurgence now? 9 Comments [Consumer]
Wednesday, April 17, 4:18 AM Tesco (TSCDF.PK) has taken a £1.2B write-down on its failed Fresh & Easy unit in the U.S. after saying last year that it will exit the country. The British supermarket has also written down U.K. property assets by £804M, and its activities in Poland, the Czech Republic and Turkey by £495M. The charges mean that Tesco suffered its first profit fall in 19 years, with FY 2013 net income diving to £124M from £2.81B even though revenues excluding VAT edged up 1% to £64.83B. Shares -2.8% in London. (PR) Comment! [Earnings, Consumer, On the Move]
Wednesday, April 3, 7:35 AM Tesco (TSCDF.PK) inks a content deal with BBC Worldwide to support its streaming service. The retailer is using data mined from consumer shopping habits to target advertising on the service. The plan by Tesco to support its streaming service with ads could be interesting to Amazon (AMZN) and its streaming initiative sometime in the future as the company knows a thing or two about its customers' shopping preferences as well. Comment! [Consumer, Global & FX]
Friday, March 22, 2:35 PM Tesco (TSCDF.PK) tells shoppers in an e-mail that the company doesn't know if it will continue to operate Fresh & Easy Neighborhood Market. If the British company sells the U.S. grocery business, it will mark an embarrassing exit for a venture which was aimed at eventually rattling the market share for Trader Joe's and Whole Foods Market (WFM +1.6%). 3 Comments [Consumer, Global & FX]
Friday, February 22, 2:04 PM Fitch Ratings says the horse meat scandal in Europe will hurt small food producers and manufacturers which in turn could pressure margins and profits up and down the sector. At the top of the food chain (so to speak), a well-diversified Nestle (NSRGY.PK) and Tesco (TSCDF.PK) should remain relatively unscathed while specialty food and catering firms such as Sodexo will feel the most pain. Comment! [Consumer, Global & FX]
Friday, February 15, 8:45 AM The disturbing horsemeat scandal in the U.K. has crossed over into Scandinavia after tainted meat was found in Norway. Though Burger King (BKW) and Tesco (TSCDF.PK) have ceased buying meat from suppliers involved in the affair, the companies are still fighting their way back from a bit of a PR issue in the region. 1 Comment [Global & FX, Consumer]
Friday, February 8, 1:44 PM The meat contamination issue in U.K. takes another twist after a government regulator finds meat in beef lasagna products from Findus UK contained between 60% and 100% horsemeat. So far, the two biggest companies embroiled in the controversy by buying contaminated meat from suppliers are grocery giant Tesco (TSCDF.PK) and Burger King Worldwide, but the scandal is still growing. A major summit on the issue is planned for over the weekend. 5 Comments [Global & FX, Consumer]
Thursday, December 13, 2012, 3:21 AM Wal-Mart (WMT) is reportedly in talks to acquire an 80% stake in leading Turkish retailer Migros from U.K. private-equity firm BC Partners in a deal that would value Migros at over $4B including debt. Wal-Mart could face competition, though, with France's Carrefour (CRRFY.PK) and Britain's Tesco (TSCDF.PK) also having shown interest. Comment! [Consumer, M&A]
Monday, March 5, 2012, 4:56 AM Tesco announces it's adding 20,000 new U.K. jobs over the next two years as the supermarket group tries to extend its lead in the retail sector. Tesco is the U.K.'s largest private-sector employer, and the announcement comes amid growing concerns about the U.K.'s employment situation. Comment! [Global & FX, Consumer]
Thursday, January 19, 2012, 7:48 AM Warren Buffett raised his stake in Tesco (TSCDF.PK) to 5.08% from 3.21% as of Jan. 13, a day after the U.K. supermarket warned that trading profit for its 2012-13 FY would be flat following terrible holiday season sales. The move is likely to be seen as a vote of confidence in Tesco CEO Phil Clarke. Comment! [Consumer]
Wednesday, August 31, 2011, 9:50 AM Tesco (TSCDF.PK) puts its loss-making Japanese business up for sale, calling it quits after an eight-year attempt to break the market. However, Tesco says it remains committed to its U.S. Fresh & Easy stores, which are also unprofitable. (PR) Comment! [M&A]

TSCDF.PK Tesco Plc Ord

TSCDF.PK

Tesco Plc Ord