Tesco is one of the worlds leading international retailers. Since the company first the trading name of Tesco, in the mid 1920s, the group has expanded into different formats, different markets and different sectors. The UKs leading retailer Tesco was floated on the stock exchange in 1947 and in 1995 took over rival Sainsburys position as the UK number one. The principal activity of the group is food retailing, with over 2,000 stores worldwide. Tesco has a long term strategy for growth, based on four key parts: growth in the Core UK business, to expand by growing internationally, to be as strong in non-food as in food and to follow customers into new retailing services. The company launched a home shopping service in 2000, allowing customers to order their shopping online. Tesco is now expanding its convenience stores and overseas into areas such as Taiwan, Malaysia, Poland, the US and Ireland.

Upper graph = 12 month share price with 6 month moving average
Lower graph = 12 month volume (red line = volume average).

Going up nicely today.....happy days.,.

Beware shorters!

Think your right, had to go out for morning, only to find it dropped to 325.9p.,.

Bearish engulfing candle yesterday (as did many blue chips), looking up today (MRW update) - 4 week high is 329.65.

creeping back up again, trading statement dec 5th. which way will it go then??

UP UP AND AWAY

Hardly - its still under performing MRW,SBRY & the FTSE on the day - but at least its up.

Hope they have stopped losing market share ?

Put your money in Sains

in profit at mo, will see if it will get past 3.30 this time.,.

Least my comment attracted some attention. Long way to go

Supermarkets agree to prices and discounts code

Eight supermarkets have agreed to ensure that special offers and price promotions are fair.

Tesco is a FTSE 100 record holder. No other company in the blue-chip index has a longer history of consecutive dividend increases. However, there are signs that this streak may be about to end.

Shares in Tesco fell hard in January. Management reported that the company had failed to sell enough discounted items during the key Christmas trading period. This news saw the shares lose 20% of their value in two weeks. Before this announcement, analysts expected Tesco to make earnings per share (EPS) of 39p for 2013. Today, that forecast has fallen to just 32.3p.

Worryingly, Tesco has been losing market share to its old rival Sainsbury 's. Tesco is a massive business. How quickly can it be turned around?

At the half-year stage, Tesco reported a fall in EPS of 7.9%. The interim dividend was held at 4.63p per share.

Analysts expect that the full-year profits will be 5.5% behind last year's figure. If the dividend is not increased with final results, Tesco will lose its hard-earned dividend-raising record.

trading statement tomorrow is TSCO a short?

sp doesn't know which way to go.

A few broker notes out today - the best is

Deutsche Bank Buy 326.90 322.45 394.00 394.00 Retains

and the worst is

Espirito Santo Execution Noble Sell 326.90 322.45 300.00 275.00 Downgrades

from the latter :- Market round-up: Tesco and Morrisons on the run as Britons taste the difference

set limit sell at 330p, if it hits small profit taken if not will stay till next high.,.

Third Quarter Interim Management Statement

http://www.moneyam.com/action/news/showArticle?id=4497755

Tesco braced for defeat in battle to conquer America: Tesco is poised to pull out of the United States, five years after its bold and loudly heralded arrival in the vast American grocery market. Britain’s biggest supermarket group is expected to announce a strategic review into its 185 Fresh & Easy stores in California, Nevada and Arizona when it updates the City on its third quarter trading

Glad my sell didn't go through,, £4 on it's way.,.