Tesco PLC (TSCO.L)
24 Jan 2017
Premier Foods Plc , the maker of Mr Kipling cakes and Bisto gravy, cuts its profit forecasts and said it was taking longer than expected to agree supply deals with food retailers, sending its shares down as much as 16 percent.
* Year-to-date branded products sales down over 3 pct (Adds details, analyst comment, shares)
BRIEF-Tesco Lotus Retail Growth Freehold and Leasehold Property Fund posts qtrly net profit of 547.5 mln baht
Jan 13 Tesco Lotus Retail Growth Freehold And Leasehold Property Fund
LONDON Britain's biggest retailer Tesco reported its best quarter of UK underlying sales growth for over five years and more growth over Christmas, continuing a major recovery in its fortunes, though it cautioned it would not be immune to inflationary pressures. | Video
* Q3 UK underlying sales up 1.8 pct, best outcome for 5 years
* CEO says: "no change in pattern" of UK consumer spending identified so far
European stocks futures down, Tesco reports strong Christmas - For more see the European equities LiveMarkets blog
LONDON, Jan 12 Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets
LONDON, Jan 12 Britain's biggest retailer Tesco reported a 0.7 percent rise in underlying Christmas sales in its home market, capping a year of recovery with a solid performance over the key festive period.
LONDON Britain's Sainsbury's beat forecasts for Christmas trading in its core supermarket business and was upbeat on prospects for its newly acquired Argos general merchandise division after that also surpassed expectations.
LONDON British supermarket Morrisons raised its profit forecast on Tuesday after enjoying its strongest sales growth in seven years over the Christmas 2016 period, while industry data showed market leader Tesco was also a festive winner. Britain's overall grocery market sales grew 1.8 percent in the 12 weeks to Jan. 1, the fastest growth since June 2014, data from market researcher Kantar Worldpanel showed. It said higher prices were returning to the m