Barclays eyes Tesco Bank's credit card and savings divisions
LONDON - Barclays (LON:BARC) is making strategic moves to expand its retail banking sector, setting its sights on acquiring the profitable credit card and savings operations of Tesco...
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Tesco PLC News & Analysis
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Goldman Sachs initiates coverage of Tesco at 'buy' with a price target of £3.50
An analyst from Goldman Sachs initiated coverage of Tesco (LON: TSCO) at 'buy' with a price target of £3.50. Prior to this rating, Tesco had 10 buy ratings, 2 hold ratings, and 0...
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Tesco buys Isle of Man Shoprite stores. What will happen to Shoprite stores now?
First set up in 1972, Shoprite stores in the Isle of Man have been sold to Tesco. Tesco has its own plan for the nine stores it has bought.
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UBS maintains Tesco at 'buy' with a price target of GBP3.15
An analyst from UBS maintained Tesco (LON: TSCO) at 'buy' with a price target of GBP3.15 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 9 buy ratings, 3...
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JPMorgan maintains Tesco at 'neutral' with a price target of GBP2.40
An analyst from JPMorgan maintained Tesco (LON: TSCO) at 'neutral' with a price target of GBP2.40 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 9 buy...
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Citi maintains Tesco at 'buy' with a price target of GBP3.20
An analyst from Citi maintained Tesco (LON: TSCO) at 'buy' with a price target of GBP3.20. Prior to this rating, Tesco had 9 buy ratings, 3 hold ratings, and 0 sell ratings. For...
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Barclays maintains Tesco at 'overweight' with a price target of GBP3.35
An analyst from Barclays maintained Tesco (LON: TSCO) at 'overweight' with a price target of GBP3.35 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 9 buy...
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UK shares waver amid mining sell-off, Tesco and Whitbread make headway
UK shares experienced mixed fortunes on Wednesday, as a decline in metal prices triggered a sell-off of mining stocks, leading to a 0.8% drop in the FTSE 100. In contrast, Tesco (OTC:TSCDY)...
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HSBC maintains Tesco at 'buy' with a price target of GBP3.40
An analyst from HSBC maintained Tesco (LON: TSCO) at 'buy' with a price target of GBP3.40 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 10 buy ratings,...
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UK retailers hit by JP Morgan downgrade amid warning on 2024 downturn
Shares of prominent British retailers, including Tesco (OTC:TSCDY) and B&M European Value Retail, experienced a decline on Tuesday following downgrades by US investment bank JP Morgan. The...
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JPMorgan downgrades Tesco to 'neutral' with a price target of GBP2.50
An analyst from JPMorgan downgraded Tesco (LON: TSCO) from 'overweight' to 'neutral' with a price target of GBP2.50 from a prior price target of %currency%%price%. Prior to this rating,...
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Citi maintains Tesco at 'buy' with a price target of GBP3.20
An analyst from Citi maintained Tesco (LON: TSCO) at 'buy' with a price target of GBP3.20. Prior to this rating, Tesco had 10 buy ratings, 1 hold ratings, and 0 sell ratings. For...
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Barclays maintains Tesco at 'overweight' with a price target of GBP3.25
An analyst from Barclays maintained Tesco (LON: TSCO) at 'overweight' with a price target of GBP3.25 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 9 buy...
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Bernstein maintains Tesco at 'outperform' with a price target of GBP3.00
An analyst from Bernstein maintained Tesco (LON: TSCO) at 'outperform' with a price target of GBP3.00. Prior to this rating, Tesco had 10 buy ratings, 3 hold ratings, and 0 sell...
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HSBC maintains Tesco at 'buy' with a price target of GBP3.30
An analyst from HSBC maintained Tesco (LON: TSCO) at 'buy' with a price target of GBP3.30 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 10 buy ratings,...
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JPMorgan maintains Tesco at 'overweight' with a price target of GBP2.70
An analyst from JPMorgan maintained Tesco (LON: TSCO) at 'overweight' with a price target of GBP2.70 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 10...
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Citi maintains Tesco at 'buy' with a price target of GBP3.20
An analyst from Citi maintained Tesco (LON: TSCO) at 'buy' with a price target of GBP3.20 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 10 buy ratings,...
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HSBC maintains Tesco at Buy, PT $3.05
A HSBC analyst maintained Tesco (LON: TSCO) at Buy and a price target of $3.05 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 11 buy ratings, 2 hold...
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JPMorgan maintains Tesco at Overweight
A JPMorgan analyst maintained Tesco (LON: TSCO) at Overweight and a price target of $2.90 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 11 buy ratings, 2...
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Morgan Stanley maintains Tesco at Overweight
A Morgan Stanley analyst maintained Tesco (LON: TSCO) at Overweight and a price target of $3.04 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 11 buy...
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Bernstein maintains Tesco at Outperform
A Bernstein analyst maintained Tesco (LON: TSCO) at Outperform and a price target of $3.00 from a prior price target of %currency%%price%. Prior to this rating, Tesco had 11 buy ratings,...
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British-Indian boy extends support to Ukrainian kids in Poland
London, Feb 24 (IANS) A 10-year-old British-Indian boy is on a humanitarian mission to Poland to support children who have gone through a year of violence, fear, loss and tragedy in the...
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European stocks edge higher; Eurozone PMI, inflation data in focus
By Peter Nurse Investing.com - European stock markets edged higher Monday, with investors cautious at the start of a week that includes the release of important Eurozone activity data as...
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Tesco inches higher as supermarket reportedly explores possible banking arm sale
By Scott Kanowsky Investing.com -- Shares in Tesco PLC (LON:TSCO) edged marginally higher in early trading on Monday after Sky News reported that Britain's biggest supermarket chain has...
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European Earnings Next Week Show Testing Times for Ericsson
(Bloomberg) -- Bank of America Corp.'s (NYSE:BAC) 49% jump in fixed-income trading last quarter sets a high bar for Deutsche Bank (NYSE:DB) and other European lenders set to release...
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European stocks higher; ASOS soars despite revenue drop
By Peter Nurse Investing.com - European stock markets traded higher Thursday, with investors focusing on more corporate earnings from the retail sector ahead of the release of key U.S....
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Tesco, M&S post solid sales growth over key Christmas period
By Geoffrey Smith Investing.com -- Two of the U.K.'s biggest retail names both posted solid sales growth over the key Christmas trading period, in a further indication that U.K. consumers...
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European stock futures edge higher ahead of U.S. CPI, retail earnings
By Peter Nurse Investing.com - European stock markets are expected to open marginally higher Thursday, ahead of the release of key U.S. consumer price data as well as more quarterly...
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Ocado rises after Morgan Stanley analysts note "strong showing" in Kantar data
By Scott Kanowsky Investing.com -- Shares in Ocado Group PLC (LON:OCDO) surged towards the top of the pan-European Stoxx 600 on Wednesday after analysts at Morgan Stanley said new data...
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European stocks edge higher; U.K. consumer sentiment improves
By Peter Nurse Investing.com - European stock markets edged higher Friday, helped by improved U.K. consumer confidence in the wake of the country’s Autumn Statement, but gains are likely to...
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Sainsbury HY Earnings Beat Estimates Despite Inflationary Pressures
By Scott Kanowsky Investing.com -- Shares in J Sainsbury PLC (LON:SBRY) rallied on Thursday after the British supermarket group delivered better-than-expected first half results and...
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Tesco earnings miss, Revenue beats in Q2
Investing.com - Tesco (LON:TSCO) reported on Wednesday second quarter {{erl-6581||earnings that missed analysts' forecasts and revenue that topped expectations. Tesco announced earnings...
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Tesco Says Annual Profit Now Seen at Lower End of Guidance Range
By Scott Kanowsky Investing.com -- London-listed shares in Tesco PLC (LON:TSCO) fell in mid-morning trading after the U.K. supermarket chain said it expects full-year profits to come in...
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Tesco, Heinz Settle Dispute on Price Hikes Amid Rising Inflation
(Bloomberg) -- Tesco (OTC:TSCDY) Plc and food giant Kraft Heinz (NASDAQ:KHC) Co. have settled a dispute over price increases which left the UK’s biggest supermarket chain without products...
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Wall Street Says a Recession Is Coming. Consumers Say It's Already Here
(Bloomberg) -- The recession calls are getting louder on Wall Street, but for many of the households and businesses who make up the world economy the downturn is already here. Take Gina...
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European Stocks Edge Lower; Tesco Warns of Stagnating Sales
By Peter Nurse Investing.com - European stock markets edged higher Friday, struggling for gains at the end of a bruising week dominated by monetary policy tightening by a number of major...
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Tesco Sticks by Guidance After Gaining Market Share, but Sales Stagnate
By Geoffrey Smith Investing.com -- Tesco (LON:TSCO) said its sales largely stagnated in the three months through May and warned of an "incredibly challenging market environment", as...
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JPMorgan Earnings, U.S. PPI, Canada, NZ Rate Hikes - What's Moving Markets
By Geoffrey Smith Investing.com -- The U.S. earnings season begins in earnest with reports from JPMorgan (NYSE:JPM), Blackrock (NYSE:BLK) and Fastenal (NASDAQ:FAST). Producer price...
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Tesco Plunges After Warning of Profit Fall Due to Inflation
By Geoffrey Smith Investing.com -- Tesco (OTC:TSCDY) shares plunged to their lowest in six months on Wednesday after the U.K. grocery giant said operating profit will fall in the next 12...
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European Stocks Mixed; Inflation Concerns, Tesco Woes in Focus
By Peter Nurse Investing.com - European stock markets traded in a mixed fashion Wednesday, with investors weighing the risks associated with soaring inflation, central bank policies, and...
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European Stocks Edge Lower; U.S. Inflation, U.K. Retail Sector in Focus
By Peter Nurse Investing.com - European stock markets weakened Thursday, with investors digesting the latest red-hot U.S. inflation release while festive trading statements placed the...
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European Stock Futures Edge Lower; Investors Digest U.S. Inflation Surge
By Peter Nurse Investing.com - European stock markets are expected to open in a cautious manner Thursday, as investors digest the latest red-hot U.S. inflation release, cementing interest...
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Stocks - Canopy Growth, ArQule Rise in Premarket; Microsoft Edges Lower
Investing.com -- Stocks in focus in premarket trade on Monday, 9th December. Marijuana products group Canopy Growth Corp (NYSE:CGC) rose 5.9% after saying it has hired David Klein...
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