FTSE inches up despite Sainsbury’s glum update March 23, 2011 BRITAIN’S top shares edged up higher yesterday, on a budget day that brought a mixed outlook for UK corporates. J Sainsbury fell sharply after a downbeat trading update, while sector peers firmed after the budget, as did housebuilders which got a first-time property buyers boost, while North Sea-focused oil firms were hit by a tax [...]
Tesco wins ad battle v Asda September 22, 2010 Supermarket giant Tesco has won a battle to get a campaign run by rival Asda banned after complaining to the ad watchdog that claims in the ad that it offers lower prices than rivals were misleading. Tesco lodged a complaint with the Advertising Standards Authority challenging three claims made by Asda as part of its [...]
Tesco wins ad battle v Asda September 22, 2010 Supermarket giant Tesco has won a battle to get a campaign run by rival Asda banned after complaining to the ad watchdog that claims in the ad that it offers lower prices than rivals were misleading. Tesco lodged a complaint with the Advertising Standards Authority challenging three claims made by Asda as part of its [...]
THE TIPSTER May 9, 2011 SAINSBURY’S, the third largest supermarket by market share after Tesco and Asda, is expecting a rise in pre-tax profit by eight per cent to £659m when it reports on Wednesday. The top three chains have all dropped market share since April 2010, which suggests shoppers may be looking for cheaper alternatives such as Aldi and [...]
THE TIPSTER May 9, 2011 SAINSBURY’S, the third largest supermarket by market share after Tesco and Asda, is expecting a rise in pre-tax profit by eight per cent to £659m when it reports on Wednesday. The top three chains have all dropped market share since April 2010, which suggests shoppers may be looking for cheaper alternatives such as Aldi and [...]
FTSE shares rebound but debt worries still dog bank stocks April 19, 2011 STRENGTH in oversold commodity issues fuelled a modest rally by Britain’s top share index yesterday, while sovereign debt worries continued to dog banking stocks. At the close, the FTSE 100 index was up 26.79 points, or 0.5 per cent at 5,896.87, having dropped 2 per cent on Monday to hit its lowest level since March [...]
Co-operative campaign sustaining momentum April 19, 2011 TWO months ago we looked at the impact of The Co-operative’s “good food within easy reach” advertising campaign that launched at the start of the year. We saw that it had had the effect of increasing perception scores for The Co-operative, taking it, almost overnight, from being below the average for the supermarket sector and [...]
THE TIPSTER May 8, 2011 SILVER saw its biggest drop since 1980 on Thursday and has declined a massive 30 per cent since hitting its all time high at the end of April. The unwritten rule is that a fall of 20 per cent marks the start of a new bear market, but considering that the bulk of the selling [...]
A truly useful, if less than sexy, resource for the novice investor May 5, 2011 HOW TO BUILD A SHARE PORTFOLIO BY RODNEY HOBSON Harriman House, £16.99 Phillip Salter IF you own a handful of UK shares but lack a strategy beyond: “I like to shop at Tesco, so I bought a few of its shares,” this book will help you build a financial future upon more secure foundations. Written [...]
Lawyers eye IPO market to raise funds April 20, 2011 A SWATHE of City law firms are said to be considering plans to list on the stock market, ahead of sweeping changes to the way they are funded due later this year. Personal injury specialist Irwin Mitchell fired the starting gun yesterday, after it revealed it had hired investment bank Espirito Santo to advise it [...]