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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.
*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.
*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.
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.
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.
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.
CNBC's Herb Greenberg and Kelly Evans explain why they like Sodastream and Tractor Supply.
Tractor Supply is exactly the kind of company that can keep working, even if Europe can't get its act together, says Mad Money's Cramer. That's why it's a buy here, and investors might want to buy more on the way down.
Mad Money's Jim Cramer shares his six stocks to watch in under sixty seconds.