TSCDY News and Press, Tesco PLC ADR From 10/09/20

Tesco's first half results showed higher revenue but lower operating profits. Banking booked a large loss. But there is good news inspiring confidence: a dividend increase, and also a likely benefit from the south east Asian exit. I don't see a long-term investment case yet, b...

U.K.-listed retailer Tesco (TSCDF, TSCDY) plans to offer free delivery to members of its paid loyalty program, a step seen as bringing it closer to Amazon Prime. This could be a good move, but I see it primarily as defensive and don't expect it to help grow the Tesco business substantially,...

NEW YORK , July 16, 2020 /PRNewswire/ -- OTC Markets Group Inc.  (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Tesco PLC (OTCQX: TSCDY ; TSCDF ; LSE: TSCO ), a leading multinational retailer with outlets across Europe and&#x...

British supermarket Tesco went through a difficult period several years ago and under chief executive Dave Lewis worked hard to return to health. One of the long-term challenges which has dogged Tesco throughout is the rise of foreign discounters, specifically Lidl and Aldi. The company has re...

When Tesco ([[TSCDF]], [[TSCDY]]) released its recent quarterly trading results ( COVID-19 Means Supermarket Sales Increase, But Flat Profits: Analyzing Tesco's Results ), I suggested that its results (sales up, profits flat or even down) might be indicative of what to expect across the sector...

From the initial surge in panic shopping for staples such as pasta and tinned food to a massive ramp-up in home deliveries, the COVID-19 concern and then lockdown have had a big impact on the food and general retail scene in the U.K. as elsewhere. Tesco (TSCDY) (TSCDF) just released a detail...

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...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . If you could pick one word to define the market leading into this week it would be "chaos." An oil price war is in the making, tr...