Edition:
United Kingdom

Tesco PLC (TSCO.L)

TSCO.L on London Stock Exchange

204.95GBp
11 Dec 2017
Change (% chg)

0.40 (+0.20%)
Prev Close
204.55
Open
204.55
Day's High
205.70
Day's Low
204.40
Volume
1,368,469
Avg. Vol
29,287,861
52-wk High
218.60
52-wk Low
165.35

Latest Key Developments (Source: Significant Developments)

Tesco announces ‍indicative result of tender offer​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - TESCO PLC ::‍INDICATIVE RESULT OF TENDER OFFER​.‍ANNOUNCES INDICATIVE RESULTS OF ITS TENDER OFFER FOR ITS EUR 1,250,000,000 1.375 PERCENT NOTES DUE 2019 AND GUARANTEED BY TESCO PLC​.  Full Article

UK's ‍CMA to look at Vision Express' undertakings offer in detail​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - UK's Competition and Market's Authority::UK'S ‍CMA - TO LOOK AT VISION EXPRESS' UNDERTAKINGS OFFER IN DETAIL​.UK'S ‍CMA - REASONABLE GROUNDS FOR BELIEVING UNDERTAKINGS OFFERED BY VISION EXPRESS, OR MODIFIED VERSION, MIGHT BE ACCEPTED BY CMA.  Full Article

Tesco turnaround "firmly on track" - CEO
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - Tesco :CEO says turnaround "is firmly on track".CEO says inflation in business "running at about 1 percent below peers".CEO says return of dividend a "significant milestone in recovery of business".CEO says does not expect inflationary situation in H2 to change from H1.CEO says "comfortable" with analysts' consensus profit forecasts for 2017-18 of about 1.5 billion stg.CEO "remains confident" Booker <<>> transaction "completely on track".CEO says "was shocked as anybody" by recent Two Sisters chicken food safety issue, says immediately investigated.Shares up 1.8 percent after 27 percent rise in H1 profit, return of dividend.  Full Article

Capita says selected by Tesco mobile for 140 mln stg partnership
Tuesday, 28 Jun 2016 

Capita Plc : Selected by Tesco mobile to form partnership . Deal is worth approximately 140 mln stg for an initial five year term and is due to commence on Aug. 1 2016 . Capita has secured major new and extended contracts worth over 800 mln stg in first six months of 2016 . Following due consultation, approximately 550 permanent employees will transfer to Capita under TUPE regulations .Further 240 temporary staff will continue to work on Tesco mobile account under Capita's management.  Full Article

Tesco comfortable with analysts' 2016-17 profit consensus
Thursday, 23 Jun 2016 

Tesco : CEO says retail market "likely to remain challenging and uncertain" . CEO says no plans for further asset sales . CFO says comfortable with analysts' current 2016-17 profit consensus of 1.175 billion stg Further company coverage: (London Newsroom) ((UK.online@Reuters.com; +44 (0)20 7542 7717;)).  Full Article

Tesco to offload Turkey and Giraffe chains - Sky News
Tuesday, 7 Jun 2016 

: Tesco to offload Turkey and Giraffe chains - Sky News .Tesco is likely to announce the sale of its Kipa chain in Turkey and Giraffe restaurants in the UK on Wednesday - Sky News.  Full Article

Equites Property Fund to buy Tesco distribution centre in Hinckley for 28 mln stg
Friday, 27 May 2016 

Equites Property Fund Ltd : Concluded an agreement with British Oversees Bank Nominees to acquire a Tesco distribution centre in Hinckley, England for £28 000 000 in cash .Transaction will contribute positively to Equites' distributable earnings in current year.  Full Article

Tesco PLC - Tesco product recall of some flavoured butter products - Lincolnshire Echo
Tuesday, 1 Mar 2016 

Tesco PLC:Tesco is recalling some flavoured butter products due to the possible presence of a bacterium that could make people ill - Lincolnshire Echo.The products listed below may be contaminated with Listeria monocytogenes, a bacterium that can cause foodborne illness, particularly among key vulnerable groups, including pregnant women, unborn and newborn babies, those over 60 years old, and anyone with reduced immunity.  Full Article

Tesco PLC considering cutting store staff by 39,000 over three years - Guardian - Reuters
Friday, 26 Feb 2016 

Tesco PLC:Considering cutting store staff by 39,000 over three years - Guardian.  Full Article

Tesco PLC - Asda, Tesco, Lidl and Waitrose recalls thousands of Mars chocolates -Leicester Mercury
Friday, 26 Feb 2016 

Tesco PLC:One of the biggest chocolate manufactures in the world issued a major product recall on Tuesday affecting 55 countries after a customer found a piece of red plastic in Mars' chocolate - Leicester Mercury.Now supermarkets here in Britain have issued their own recalls of various Mars products, with four big chains issuing information to customers.Asda, Tesco, Lidl and Waitrose have now all issued separate notices relating to packets of Celebrations and Mars, Milky Way and Family Funsize.  Full Article

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Companies prepare for disorderly Brexit as talks stall

LONDON Big companies are stepping up their plans in case Britain crashes out of the European Union without a deal as Prime Minister Theresa May struggles to get talks back on track after a major setback. | Video