Tesco Share News (TSCO)

JPMorgan Cazenove cuts Tesco, Sainsbury's price targets

(Sharecast News) - Tesco and Sainsbury's were in the red on Friday after JPMorgan Cazenove cut its price targets on the shares, saying it remains cautious on the UK grocery space fundamentally, which based on its investor feedback "appears still to be a contrarian stance".

LONDON BROKER RATINGS: Morgan Stanley ups Rightmove; Deutsche cuts IHG

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Staffline shares fall as profit declines; notes headwinds

(Alliance News) - Staffline Group PLC on Tuesday said underlying operating profit fell in line with market expectations in 2023 as it aimed to "deliver progress into 2024" despite headwinds.

Grim UK retail sales knock sterling and lift gilts

LONDON, Jan 19 (Reuters) - The pound sagged and UK government bond prices rose on Friday, after a shock drop in British consumer spending in December raised the risk of recession, putting a stop to the currency's recent gains.

UK retail sales slump points to new risk of recession

Retail sales slump 3.2% in December, biggest drop since Jan 2021

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Royal Mail owner IDS has "best Christmas" in four years, hires new CFO

(Alliance News) - International Distributions Services PLC on Thursday appointed a new chief financial officer with immediate effect, alongside noting its "best Christmas" performance in four years.

LONDON BROKER RATINGS: UBS cuts Shell, Admiral and M&G to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

IN BRIEF: Tesco Non-Exec Carolyn Fairbairn buys GBP105,000 in shares

Tesco PLC - London-based supermarket chain - Non-executive Director Carolyn Fairbairn buys 35,000 shares at at GBP3.00 each, worth GBP104,842, in London on Monday.

LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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London close: Stocks fall as US inflation comes in hot

(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.

Partying Britons boost Tesco and M&S at Christmas but cautious for new year

LONDON, Jan 11 (Reuters) - Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions.

LONDON MARKET MIDDAY: Stocks level out as US inflation nerves kick in

(Alliance News) - Upbeat morning trade for European markets gave way to caution by midday on Thursday, as investors look to a make-or-break US inflation reading, and what it could mean for the Federal Reserve interest rate outlook.

Tesco raises profit outlook again after strong Christmas sales

6 weeks to Jan 6 UK like-for-like sales up 6.8%

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Sterling gains vs dollar ahead of US inflation data

LONDON, Jan 11 (Reuters) - The British pound edged up against the dollar on Thursday ahead of U.S. data that could reinforce the expectation that the Federal Reserve will soon start cutting interest rates, thereby giving sterling a greater competitive edge.