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Tesco PLC (TSCDF.PK)

TSCDF.PK on OTC Markets Group

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Mon, Dec 5 2016

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No longer the bad guy, Tesco set to reassert UK dominance

LONDON Two years after an accounting scandal plunged Tesco into the worst crisis in its 97-year history, the British supermarket looks set to reassert its dominance, given the edge by a transformed relationship with suppliers.

Former Tesco boss Clarke will not face charges over accounting scandal

LONDON, Nov 28 Philip Clarke, the former chief executive of Tesco, will not face charges from the Serious Fraud Office (SFO) over the accounting scandal that rocked Britain's biggest retailer in 2014, his lawyer said on Monday.

Tesco tells big suppliers: Don't raise prices to prop up results

WELWYN GARDEN CITY, England Nov 17 Britain's biggest retailer Tesco has warned its multi-national suppliers against pushing up prices following a drop in the pound just so they can maintain their reported profits.

UPDATE 2-Tesco recovery gains pace with fastest sales growth in 3 years

* Tesco sales up 2.2 pct in 12 weeks to Nov. 6 - Kantar * Tesco consolidates return to market share growth * Discounters growing at slowest rate since 2011 * Inflation could return in coming months * Tesco shares rise up to 4 pct, up 43 pct this year (Adds detail, analyst comment, Kantar table, updates shares) By James Davey LONDON, Nov 15 Tesco's sales are rising at the fastest pace for three years, industry data showed on Tuesday, signalling the recovery a

Britain's Tesco grows sales at fastest rate in 3 years - Kantar Worldpanel

LONDON, Nov 15 Sales at Britain's biggest supermarket chain Tesco grew at their fastest rate in three years in its most recent trading period, industry data showed on Tuesday, consolidating its return to market share growth last month.

UPDATE 3-Tesco says $3 mln stolen in cyber theft, resumes service

* Other small banks could also be vulnerable -experts (Recasts, adds Tesco statement)

Institutional funds file 100 million pounds damages claim against Tesco

LONDON Some 125 institutional funds have filed a damages claim for more than 100 million pounds ($122 million) against British supermarket Tesco relating to its 2014 profit overstatement, the group coordinating the legal action said on Monday.

UPDATE 1-Institutional funds file 100 mln stg damages claim against Tesco

LONDON, Oct 31 Some 125 institutional funds have filed a damages claim for more than 100 million pounds ($122 million) against British supermarket Tesco relating to its 2014 profit overstatement, the group coordinating the legal action said on Monday.

Institutional funds group together to file 100 mln stg damages claim against Tesco

LONDON, Oct 31 Some 125 institutional funds have filed a damages claim for more than 100 million pounds ($122 million) against British supermarket Tesco in relation to its 2014 profit overstatement, the group coordinating the legal action said on Monday.

Former Tesco executives to face fraud trial in Sept 2017

LONDON, Oct 20 Three former senior executives of Tesco accused of fraud and false accounting at Britain's biggest retailer were told on Thursday that they will face trial next September.

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