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Tesco PLC

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  • PRESS DIGEST - Sunday British business - Oct 7 Sunday, 7 Oct 2012 | 8:15 AM ET

    Sunday Times GERMAN THREAT TO BLOCK BAE DEAL Germany has threatened to scupper the 28 billion pound merger of BAE Systems and EADS unless the headquarters of the combined company is located in Munich.

  • UK shares stall as ECB offers no fresh remedies Thursday, 4 Oct 2012 | 11:53 AM ET

    LONDON, Oct 4- Britain's FTSE 100 share index stalled near the top of its recent range on Thursday, supported by prospects of global central bank stimulus but struggling to break fresh ground ahead of a potentially gloomy earnings season.

  • RESEARCH ALERT-Natixis cuts Tesco PLC to reduce Thursday, 4 Oct 2012 | 3:22 AM ET

    *Natixis cuts Tesco PLC to reduce from neutral* Natixis cuts Tesco PLC price target to 300 p from 320 p. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • RESEARCH ALERT-UBS raises Tesco price target Thursday, 4 Oct 2012 | 2:59 AM ET

    *UBS raises Tesco PLC price target to 350 p from 325 p; rating neutral. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • PRESS DIGEST - British business - Oct 4 Wednesday, 3 Oct 2012 | 8:28 PM ET

    Rail passengers face years of uncertainty over who will run some of Britain's busiest train routes after the Government admitted a huge blunder in awarding the franchise for the West Coast main line. FirstGroup is considering legal action against the Department for Transport after it pulled the controversial West Coast rail bid.

  • European Shares End Mixed on Spain Uncertainty Wednesday, 3 Oct 2012 | 11:33 AM ET

    European markets ended mixed on Wednesday after Spain’s Prime Minister Mariano Rajoy denied reports that he would be seeking a bailout for Spain this weekend.

  • UPDATE 2-Ex-Tesco boss to head up S.Africa's Pick n Pay Wednesday, 3 Oct 2012 | 8:57 AM ET

    named the former head of Tesco's UK business as its new chief executive on Wednesday, as the country's No.2 grocer struggles to regain market share and fend off competition from U.S. giant Wal-Mart. Brasher will take charge of a retailer that has lost market share to domestic rivals and is now facing further pressure from Wal-Mart Stores Inc.

  • JOHANNESBURG, Oct 3- Richard Brasher, the former UK head of Tesco, has been appointed chief executive of South Africa's No.2 grocer Pick n Pay as the retailer looks for ways to regain domestic market share and fend off encroachment from U.S. giant Wal-Mart.

  • Tesco H1 profits fall despite rising sales in UK Wednesday, 3 Oct 2012 | 3:56 AM ET

    LONDON-- Tesco PLC, Britain's largest supermarket operator, has reported a 12 percent fall in half yearly pre-tax profit to 1.7 billion pounds, as a downturn in Asia and Europe offset stronger sales in Britain. Group sales were up 1.4 percent to 36 billion pounds in the half-year period, while sales in Britain rose 2.2 percent to 23.9 billion pounds.

  • A series of recent investor meetings with Fitch's EMEA Food Retail team in London, Frankfurt, and Paris underlined that investors are concerned to what extent ratings are at risk due to increased business and credit risks for European food retail companies.

  • COMPANIES REPORTING: BMO Q4 2012 Monsanto Co BMO Q4 2012 Family Dollar AMC Q3 2012 Marriott International MAJOR MACROECONOMIC DATA/EVENTS: 0743 IT Markit/ADACI services PMI Sep 0743 FR Markit services, composite PMI sep 0753 DE Markit services PMI Sep 0758 EZ Markit services, composite PMI Sep 0828 GB Markit/CIPS services PMI Sep 0900 EZ Retail sales Aug 1215 US ADP National employment Sep 1400 US ISM non-manufacturing PMI, business activity Reuters messaging rm:// francesco.canepa.thomsonreuters.com@reuters.net.

  • RESEARCH ALERT-Seymour Pierce cuts Tesco to reduce Monday, 1 Oct 2012 | 7:06 AM ET

    Oct 1-:* Seymour Pierce cuts Tesco to reduce from hold. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • A man removes paint from the sign of the central bank of Greece following demonstrations in Athens, Greece, on Monday, Feb. 13, 2012.

    European stocks are cheap, but it's important to ask where the companies' profits are coming from.

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  • Exports of Buffalo Meat Soar From India Monday, 11 Jun 2012 | 12:58 AM ET
    Workers process pork at a slaughtering factory September 26, 2007 in Beijing, China.

    India's economy and exports may be waning compared with a year ago, but there is one sector still experiencing big growth – exports of beef in the form of water buffalo meat. The FT reports.

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  • The Earnings Cramer's Watching Next Week Friday, 27 Jan 2012 | 9:33 PM ET

    The "Mad Money" host outlines his "Game Plan.'

  • Cramer’s 5 'Stocking Stuffer' Stocks Monday, 5 Dec 2011 | 10:11 AM ET

    You can count on these five names no matter what’s happening in Europe, the “Mad Money” host says.

  • Cramer’s Stocking Stuffer: McDonald’s Friday, 2 Dec 2011 | 6:31 PM ET

    This is a name that works despite what’s happening in Europe, the “Mad Money” host says.

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