Tesco

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• Tesco SKorea to buy discount chain for 1.86 bln dlrs

  - 2008-05-14

  SEOUL AFP — The South Korean unit of British giant Tesco said Wednesday it has agreed to buy debt-stricken discount retail chain Homever for 1.86 billion dollars. Samsung Tesco Homeplus president Lee Seung-Han said the acquisition of the 35 Homever stores, owned by fashion retailing group E-Land, would cost...

  Tags: Agence France-Presse, FINANCE, Investment, SALES, Samsung Electronics Co. Ltd., Tesco

• FTSE treads water.

  - 2007-10-31

  Investors step back ahead of the US Fed's interest rate decision Jonas Crosland The FTSE100 index was up just 6.6 points at lunchtime at 6,665.6, as renewed weakness in mining stocks offset positive progress in the retail sector. Trading volume was reasonable at GBP1.18bn,...

  Tags: BAE Systems Plc., barrel, Federal Reserve Board, FINANCE, Investment, stock, Tesco

• Hilton stake is acquired by Goodman

  - 2007-06-02

  Irish beef baron Larry Goodman has acquired a 5% stake in the recently floated Hilton Food Group, one of Tesco's largest beef suppliers. His company, Irish Food Processors, spent around 5.5m [pounds sterling] on the deal but, with shares in just 50% of the company floated on the stock...

  Tags: FINANCE, Hilton Hotels Corp., Investment, SALES, Tesco

• Hilton flotation

  - 2007-04-14

  Hilton Food Group, which packs beef and lamb for Tesco, is said to be preparing for a 110m [pounds sterling] stock market flotation to fund further expansion in Europe and a move into packing organic and premium lines.

  Tags: Europe, FINANCE, Hilton Hotels Corp., Investment, lamb, Tesco

• Tesco talks to enter Indian retail market to close by Oct 10: report

  - 2006-09-11

  NEW DELHI AFP — British supermarket giant Tesco and local holding firm Bharti Enterprises are to wrap up talks that would bring the first overseas grocery chain to Indian consumers, a report has said. "Planning is underway and a team is carrying out extensive research and is testing various models,"...

  Tags: Agence France-Presse, FINANCE, India, Investment, NETWORKING, Telephony, Tesco

• Britain's Tesco talks to Bharti about Indian joint venture

  - 2006-03-20

  LONDON AFP — Tesco, Britain's biggest supermarket chain, and Indian telecom giant Bharti Enterprises are in talks to set up a possible grocery chain together in India, a British newspaper said. A senior executive from Bharti told the Financial Times that the company was in discussions with several groups...

  Tags: FINANCE, Financial Times, Investment, Retail, Tesco

• Dealing with a debt wish.

  - 2005-04-25

  There is a lot of upbeat news currently in the UK equity market. The winter results season showed corporate earnings in good form. Shell announced a profit that set a UK historic record, one that is likely to be broken as early as next month by Vodafone....

  Tags: Bank of England, equity, FINANCE, Investment, Tesco, U.K.

• European stocks fall amid British retail news

  - 2005-04-12

  LONDON AFP — European stock markets dropped in early trading, after US stocks skidded lower overnight, amid a batch of news from the British retail sector, dealers said. The London FTSE 100 index fell 0.20 percent to 4,963.20 points, the Frankfurt DAX 30 lost 0.11 percent to 4,391.24 points...

  Tags: Agence France-Presse, FINANCE, Investment, London, stock, Tesco

• European stocks fall in early trading

  - 2005-01-18

  LONDON AFP — European stock markets fell in early trading amid widespread profit-taking, with dealers looking for a lift from Wall Street when it reopens later after a long holiday weekend. The London FTSE 100 index dropped 0.69 percent to 4,813.10 points, the Frankfurt DAX 30 lost 0.75 percent...

  Tags: Agence France-Presse, FINANCE, Investment, London, SALES, stock, Tesco

• Reduced earnings

  - 2004-12-11

  If stock options were expensed under The new IFRS accounting rules, Sainsbury's earnings per share in 2003 would have lowered by 5.8%, and Tesco's by 3.3%, claimed JP Morgan.

  Tags: accounting, Benefits, FINANCE, Investment, J.P. Morgan Chase & Co., Tesco