TSCDF News and Press, Tesco PLC From 06/24/20

A lot of people here in the U.K. agree that one of the few good things about the COVID-19 pandemic has been that it made them forget about Brexit. But while it has been out of the headlines, it’s still coming down the tracks fast. There will likely be currency impact on the sterling, bu...

Did Buffett Sell Airlines Too Early? A Case Study: Tesco After Warren Buffett revealed that Berkshire Hathaway (BRK.A) (BRK.B) had dumped all of its airline shares at a loss , there has been a lot of criticism of Buffett for cutting airline stocks. Some argue that he acted too soon ( Warr...

The lockdown effect As the lockdown went into effect, the supermarkets saw a boom in sales. That's fairly obvious, given that we all saw - or experienced directly - the pictures of empty shelves and so on. Some chains were reporting rises in sales of as much as 50%. Pretty cool. This obvio...

Tesco ( OTCPK:TSCDF ) reports prelim FY20 revenue of £64.8B, up 1.3% Y/Y. More news on: Tesco PLC, Consumer stocks news, Read more ...

For the first time in years, Tesco ( TSCDF ) shares are beginning to look interesting. On most conventional metrics - cash flow, top line, and balance sheet - the company has strongly improved on a standalone basis, while the merger with Booker (UK's largest food wholesaler) adds new addressab...

Tesco PLC (TSCDF) 3Q and Christmas Trading Statement 19/20 January 9, 2020 3:00 AM ET Company Participants Dave Lewis - CEO Jason Tarry - CEO, UK Alan Stewart - CFO Conference Call Participants Bruno Monteyne - Bernstein Rob Joyce - Goldman Sachs Andrew Gwynne - Exane...

A New Level for Cable Prime Minister Boris Johnson's December 12, 2019 triumph sent Cable through the roof, from a 1.29$ handle to over 1.35$ in one day, the highest level since the spring of 2018. Part of that astonishing rise was due to markets anticipating the end of the deadlock that h...

Investment Thesis Alibaba Group Holding Limited (NYSE: BABA ) (Alibaba) reported total revenues of RMB 119.02 billion (US$16.65 billion) in total revenues during the second quarter ending September 30, 2019 (2Q FY 2020), up 40.0 per cent year-on-year (YoY), while net income attributable...

U.K. regulators blocked  the merger between Sainsbury ( OTCQX:JSNSF , OTCQX:JSAIY ) and Asda after concluding that there is no effective way of addressing their concerns on competition in the grocery store market. More news on: J Sainsbury plc, J Sainsbury plc, Walmart Inc., Consume...

Tesco PLC (TSCDF) Q4 2019 Earnings Conference Call April 10, 2019 04:00 AM ET Company Participants Dave Lewis - Group Chief Executive Jason Tarry - CEO, UK & ROI Charles Wilson - CEO, Booker Matt Simister - CEO, Central Europe Alison Horner - CEO, Asia Alan Stewart - ...