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LON100:TSCO, Nov 21, 04:23 UTC

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Tuesday, November 19


News

What I’d do about the Tesco share price right now

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Shares in UK supermarkets giant Tesco (LSE:TSCO) have been on an upward trend in recent months, with the stock now valued at 10% higher it was a year ago. With the shares currently trading at 235p, is now a good time to buy into the Tesco share price or would my money be better invested elsewhere? Tesco also hit its margin target of 3.5% to 4% a full six months ahead of schedule, although like-for-like sales in the UK were lower than expected. The supermarket chain still holds a significant market share over its competitors, controlling 27% of the market, according to data from research firm Kantar. However, it must be noted that Tesco’s market share has been falling, most recently for the 12 weeks until 3 November, falling from 27.5% on a year-on-year basis. While most of the main players in the supermarket industry also saw a loss of market share, Aldi and Lidl are continuing to grow and chip away at the more established chains.

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  • Business
  • Financial

Friday, November 15


News

Tesco shares? I’d rather buy this FTSE 100 dividend growth stock

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I’d rather buy this FTSE 100 dividend growth stock. On the other hand, there are those who believe that the FTSE 100 company is likely to continue facing challenges in the years ahead and that buying Tesco shares right now is a risky move. The main risk with Tesco, in my view, is that it’s continuing to lose market share at a rapid rate to the German discount supermarkets Aldi and Lidl. One FTSE 100 stock I do like the look of right now is technology company Sage (LSE: SGE), which provides cloud-based accounting and payroll solutions to small- and medium-sized companies, as well as the self-employed.

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  • Financial

Thursday, November 14


News

2020 dividend forecasts: Lloyds Bank, Barclays and Tesco

TSCO BARC +1 more TSCO BARC LLOY

With 2020 not far off now, today I’ll be looking at the 2020 dividend forecasts for three of the UK’s most popular dividend stocks – Lloyds Banking Group (LSE: LLOY), Barclays (LSE: BARC), and Tesco (LSE: TSCO). Below, you’ll find the current consensus dividend forecast, the prospective yield, the forecast dividend coverage, and some thoughts on each dividend stock. But always remember that dividend forecasts may not be accurate and are subject to change. Earnings for 2020 are expected to come in at 7.15p per share, which gives a dividend coverage ratio of approximately two. Lloyds has put together a nice little dividend growth track record since reintroducing its dividend in 2014, and assuming the 2019 payout is higher than the 3.21p per share the bank declared for 2018 (we’ll find out in February), a 3.55p per share dividend for 2020 will represent the seventh consecutive increase.

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Wednesday, November 13


News

How you can help collect food at Tesco in Lancashire with The Trussell Trust and FareShare

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The Trussell Trust and FareShare are appealing to people in Lancashire to help in the UK’s biggest food collection for people in need. From Thursday, November 21 until Saturday, November 23, the two charities will be collecting food in Tesco stores in the area during the annual Tesco Food Collection. To make this year’s collection a success volunteers are needed to hand out shopping lists to customers, so they can see the food items most needed by food banks and community groups in their area, and to encourage people to donate. Having your support in this year’s Tesco Food Collection will make a real difference – the more people who volunteer, the more food will be collected from generous shoppers, and the better prepared food banks will be to help local people.”.

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  • Health
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Tuesday, November 12


News

€25,000 damages for Tesco worker who took €25,000 redundancy unaware of night shift option

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A former Tesco employee, who took a €25,000 voluntary redundancy package unaware he had an option of continuing to work night shifts in the store, has been awarded €25,000 damages on top of his original €25,000 redundancy pay-out. He said Tesco was appealing a decision of the Employment Appeals Tribunal where Mr Gil had succeeded in January 2016 in a claim relating to the termination of his well-paid employment.Gil told Judge O’Connor that had he known there was a chance he could continue working night shifts in Tesco he would never have opted for the voluntary redundancy package. It had taken him a year to find to find new job in a bakery where he had made less money than in Tesco. He said there had been no records of meetings, no minutes, no letters and no explanatory leaflets.Mr O’ Connell said his client had only become aware of the fact 15 out of 32 night workers were remaining on duty after he had signed off and accepted his voluntary redundancy cheque.

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News

Tesco customers urged to help hungry families

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The Ribble Valley Foodbank will be holding its annual Christmas Food Collection at Tesco supermarket in Clitheroe from Thursday, November 21st to Saturday 23rd. Jane Chitnis, Ribble Valley Foodbank Manager, is urging people to donate generously to bring a smile to the faces of the under privileged. She said: “The Ribble Valley Foodbank fed over 1,000 people last year and is a vital resource for local people in need. We are very grateful to our friends at Tesco in Clitheroe, who are so welcoming and helpful to us throughout the appeal and to the people of the Ribble Valley for their generosity and ongoing support for the foodbank.”.

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News

Tesco, Lidl, TK Maxx and Argos are urgently recalling these products - Gloucestershire Live

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Tesco, Lidl, TK Maxx and Argos are urgently recalling these products. Supermarkets and high street retailers are urgently warning customers to return certain foods and household items. Tesco is recalling a pot of instant vegetarian noodles because they contain prawns, while Argos is asking customers to bring back a batch of mattress toppers because they do not comply with UK fire standards. Take a look at the recall warnings below, and find out how to return the items if you've bought them.

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  • Business
  • Health
  • Science
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Monday, November 11


News

Forget Tesco! I’d invest in this cheaper steady dividend-grower instead

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Big annual increases in earnings are likely over, and I’d like to see a bigger dividend yield before investing in Tesco today. That strikes me as a similar dividend yield to Tesco’s but for a lower valuation. And, on top of that, anticipated earnings should cover the dividend just over three times, which looks robust to me. In today’s full-year results report, Carr’s reported a flat revenue performance for the period with adjusted earnings per share up 5% compared to the equivalent period the year before. Holmes said the firm made acquisitions “across both divisions” during the year and plans to develop Animax into “a centre of excellence for innovation and product development for the wider Agriculture division.” The business became part of Carr’s in its September 2018.

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News

Aylesbury charity serves up Tesco food donations to recovering addicts

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Aylesbury charity serves up Tesco food donations to recovering addicts. The charity also provides high-quality social and psychological support services to improve people’s health and wellbeing. “The donations from Tesco allow our service-users to have food items that they would never normally be able to afford. They have already helped so many people, and we are so pleased to be working with them to assist even more people in need.”. Since launching in February 2016, Tesco’s Community Food Connection has donated surplus food to more than 7,000 local charities and community groups.

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  • Business
  • Health

Friday, November 08


News

Sainsbury’s yield hits a tasty 5.4%. Why I still say Tesco is a better buy

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The UK’s second largest supermarket J Sainsbury (LSE:SBRY) posted some pretty rubbish numbers in its interim half-year results. However, bosses pumped up dividends by 3% to 6.6p. So is there any value in buying the cheaper Sainsbury’s share price with the yield now at 5.4%? After all, CFO Kevin O’Byrne highlighted “strong retail cash flow generation of £698m“, and Sainsbury’s shares are trading at only 9 times trailing earnings. Sainsbury’s overall sales across the first half of 2019 were down 0.2%, with retail dipping 0.6% and like-for-like sales under water by 1%. The interim dividend of 2.65p is 59% higher than last year’s effort, and City analysts expect an 11.5% hike in earnings per share over the next three years. So while I think Tesco is a better option, would I buy it?

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  • Business
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