News for Tesco PLC (TSCDY)

The company planning the world’s longest subsea power cable between the UK and Morocco says the project needs political support to become a reality.

The UK plans to allow companies to invest pension funds surpluses in order to unlock billions of pounds to help drive economic growth, Prime Minister Keir Starmer a…

UBS assigns a 35% chance of a stock market bubble

UBS sees 5% US 10-year Treasury yield as equities' negative threshold

UK's online grocery market to hit £24 billion through 2029: Morgan Stanley

The UK’s FTSE 100 Index may be at an all-time high, but the fallout from the Labour government’s budget is showing up in a slew of weak trading updates with the pai…

UK retailers crank up search for savings ahead of April tax hikes

Tesco shares are outperforming the UK retail sector as the company gains market share and executes well despite competition. Read more on TSCDY stock here.

UK consumer confidence falters after Christmas splurge

UK midcaps slide to 8-month low as retailers tumble, yields jump

Tesco sees strong Christmas sales, maintains guidance

European stocks mostly lower; UK retailers in focus

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Tesco (TSCDY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

THE explosive rise of shoplifting in the UK is reshaping the retail security sector as personnel numbers grow and stores turn to new—sometimes controversial—technology. Almost £2 billion ($2.5 billion) of stock was stolen between September 2022 and August 2023, according to the British Retail Consortium’s latest crime survey—the most on…

Tesco appoints new Non-executive Director

Kroger, Albertsons could turn to ad business as deal termination looms, analysts say

UK grocery inflation rises to 2.6%, says Kantar

Tesco shares have surged 25% this year, outperforming the FTSE 100 and nearing the S&P 500's performance. Click here to find out why I rate TSCDF stock a buy.