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Tesco PLC (TSCO.L)

TSCO.L on London Stock Exchange

242.00GBp
2:56pm BST
Change (% chg)

2.60 (+1.09%)
Prev Close
239.40
Open
238.90
Day's High
242.20
Day's Low
238.00
Volume
7,453,597
Avg. Vol
24,732,770
52-wk High
266.80
52-wk Low
175.20

Latest Key Developments (Source: Significant Developments)

UK FCA Proposes Fining Tesco Bank More Than 30 Mln Stg Over A 2016 Cyberattack- Sky News
Monday, 24 Sep 2018 

Sept 24 (Reuters) - :THE FINANCIAL CONDUCT AUTHORITY HAS PROPOSED FINING TESCO BANK MORE THAN £30M OVER A CYBERATTACK THAT TOOK PLACE IN 2016- SKY NEWS, CITING SOURCES.  Full Article

Carmarthenshire Dairy Products Recalls Boksburg Blue Cheese Sold Through Some Tesco Stores
Friday, 31 Aug 2018 

Aug 31 (Reuters) - UK's Food Standards Agency::SAYS CARMARTHENSHIRE DAIRY PRODUCTS RECALLS BOKSBURG BLUE CHEESE DUE TO IT BEING PRODUCED WITHOUT APPROVAL.CARMARTHENSHIRE DAIRY PRODUCTS RECALLED BOKSBURG BLUE CHEESE SOLD THROUGH LIMITED TESCO STORES IN ENGLAND, WALES.  Full Article

Tesco To Close Of 13 Loss-Making Stores In Poland
Friday, 24 Aug 2018 

Aug 24 (Reuters) - Tesco PLC ::TESCO TO CLOSE OF 13 LOSS-MAKING STORES IN POLAND.REPORTED MAXIMUM NUMBER OF ROLES AT RISK FROM POLAND STORE CLOSURES IS 2,200.  Full Article

Innovaderma Names Non-Exec. Director Kieran Callan As CEO
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Innovaderma PLC ::APPOINTMENT OF CEO AND ROOTS TO BE RANGED IN TESCO.APPOINTMENT OF KIERAN CALLAN, A NON-EXECUTIVE DIRECTOR OF COMPANY SINCE DECEMBER 2016 AS ITS NEW CHIEF EXECUTIVE OFFICER.CO'S HAIRCARE BRAND ROOTS WILL BE RANGED INITIALLY IN 432 OF TESCO'S UK STORES FROM NOVEMBER 2018.HARIS CHAUDHRY WILL REMAIN AS EXECUTIVE CHAIRMAN.  Full Article

Tesco And Carrefour Announce Long-Term Strategic Alliance
Monday, 2 Jul 2018 

July 2 (Reuters) - Tesco PLC ::TESCO AND CARREFOUR LONG-TERM STRATEGIC ALLIANCE.TESCO PLC - ALLIANCE WILL COVER STRATEGIC RELATIONSHIP WITH GLOBAL SUPPLIERS, JOINT PURCHASING OF OWN BRAND PRODUCTS AND GOODS NOT FOR RESALE..TESCO PLC - ALLIANCE WILL BE GOVERNED BY A THREE-YEAR OPERATIONAL FRAMEWORK..TESCO PLC - IT IS ANTICIPATED THAT ALLIANCE WILL BE FORMALLY AGREED WITHIN NEXT TWO MONTHS.  Full Article

Tesco Announces Tender Offer To Purchase Outstanding Notes
Thursday, 19 Apr 2018 

April 19 (Reuters) - Tesco PLC ::TENDER OFFER TO PURCHASE OUTSTANDING NOTES.TESCO PLC ANNOUNCES TENDER OFFERS FOR ITS £350 MILLION 5.50 PERCENT NOTES DUE 2019, £900 MILLION 6.125 PERCENT NOTES DUE 2022.TENDER OFFERS FOR £515MLN 5 PERCENT NOTES DUE 2023, £200 MILLION 6 PERCENT NOTES DUE 2029, £200 MILLION 5.50 PERCENT NOTES DUE 2033.TENDOR OFFER FOR £300 MILLION 4.875 PERCENT NOTES DUE 2042 AND £500 MILLION 5.20 PERCENT NOTES DUE 2057.  Full Article

Tesco CEO sees Booker deal boosting revenues by 2.5 bln stg
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Tesco PLC ::CEO SAYS SEES INCREMENTAL REVENUE GROWTH FROM BOOKER DEAL OF 2.5 BILLION STG IN MEDIUM TERM.  Full Article

Tesco Says To Simplify Operational Structures​
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Tesco Plc ::TESCO TO SIMPLIFY OPERATIONAL STRUCTURES​.‍CHANGES TO SIMPLIFY PERATIONAL STRUCTURES TO IMPROVE EFFICIENCY AND GIVE LINE MANAGERS CLEARER ACCOUNTABILITY FOR COLLEAGUE AND CUSTOMER EXPERIENCE​.‍ROLE OF PEOPLE MANAGER AND COMPLIANCE MANAGER WILL BE REMOVED FROM LARGE STORES AND FULFILMENT CENTRES IN UK​.‍CHANGES WILL AFFECT 1,700 COLLEAGUES WHO WILL BE SUPPORTED TO FIND ALTERNATIVE ROLES WITHIN BUSINESS WHEREVER POSSIBLE​.‍ROLE OF CUSTOMER EXPERIENCE MANAGER, PRESENT IN 226 STORES, WILL ALSO BE REMOVED, GIVING LINE MANAGERS MORE DIRECT ACCOUNTABILITY FOR CUSTOMER SERVICE​.‍AS A RESULT OF CHANGES, 900 NEW ROLES WITH BROADER REMITS WILL BE CREATED​.‍NEW COLLEAGUE ADMINISTRATION ROLE WILL ALSO BE CREATED TO SUPPORT MANAGEMENT TEAMS IN EACH LARGE STORE AND FULFILMENT CENTRE​.  Full Article

Tesco CEO says outperformed in food, was happy with pricing, offer
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Tesco ::CEO SAYS SIGNS INFLATION IS ABATING A LITTLE.CEO SAYS REALLY CONFIDENT WITH OUTLOOK.CEO SAYS "FINEST" RANGE DEMAND WAS PARTICULARLY STRONG.CEO SAYS HOME COMPUTING, VISION AND ENTERTAINMENT CATEGORIES WERE WEAK OVER CHRISTMAS.CEO SAYS HE WAS "REALLY HAPPY" WITH PRICING POSITION OF TESCO OVER CHRISTMAS.CEO SAYS OUTPERFORMED IN BOTH VOLUME AND VALUE IN FOOD IN FOUR WEEKS BEFORE CHRISTMAS.CEO SAYS PROMOTIONAL ACTIVITY IN 19-WEEK PERIOD WAS LOWER THAN A YEAR AGO.CEO SAYS 'HAPPY WITH TOY PERFORMANCE', BUT WAS NOT REMARKABLY POSITIVE OR NEGATIVE.  Full Article

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

REFILE-PRESS DIGEST-Financial Times - Sept 25

Sept 25 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.