Ultime notizie per Tesco (OTC:TSCDF) Azioni

Tesco

Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. It recently sold its Asia business. According to Kantar, Tesco is the market leader in the UK with a share around 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the UK, the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.

Tesco PLC

Reuters
<a class="editor-rtfLink" href="https://www.benzinga.com/government/23/07/33128854/google-challenges-indias-antitrust-body-over-alleged-favoritism-towards-amazon" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Google Challenges India&#39;s Antitrust Body Over Alleged Favoritism Towards Amazon</a>
<ul>
<li>Alphabet Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) Google criticized India&#39;s antitrust body for changing its business model &quot;only to protect&quot; rival&nbsp;Amazon.Com Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>).</li>
<li>Amazon complains about difficulties developing a modified Android system due to Google&#39;s restrictions.&nbsp;</li>
<li>Google appealed to India&#39;s Supreme Court to overturn the Competition Commission of India&#39;s order.&nbsp;</li>
<li>The order demanded ten changes to Google&#39;s business model for alleged abuse of its position with Android. Google claims the CCI copied parts of a European ruling against the company in a similar case.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/07/33128506/samsung-electronics-q2-profit-expected-to-plummet-96-lowest-in-over-14-years" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Samsung Electronics Q2 Profit Expected to Plummet 96%, Lowest in Over 14 Years</a>
<ul>
<li>Samsung Electronics Co, Ltd&#39;s&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssnlf#OTC">SSNLF</a>) June-quarter profit will likely plunge 96% year-on-year to the lowest for any quarter in over 14 years, as an oversupply of chips continues to drive significant losses in its cash cow business amid a supply cut.</li>
<li>The operating profit likely fell to 555 billion won ($427 million) in the April-June quarter.</li>
<li>Samsung is amid efforts to grow its share of chip demand from the field of artificial intelligence (AI), such as with high bandwidth memory (HBM) and chip contract manufacturing.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/07/33128843/general-motors-cites-compliance-doubts-in-new-emissions-rules-report" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">General Motors Cites Compliance Doubts In New Emissions Rules</a>
<ul>
<li>General Motors Co&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gm#NYSE">GM</a>) will reportedly face compliance challenges under the Environmental Protection Agency&#39;s (EPA) proposed vehicle emissions rules due to tighter electric vehicle requirements.</li>
<li>In its comments to the EPA, the automaker cited six state and federal regulations that &quot;could require each automaker to exceed 50% EVs in at least a dozen vehicle averaging sets in the approximate 2030 timeframe.&quot;</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/07/33129103/tescos-new-health-initiative-tesco-introduces-virtual-gp-appointments-for-uk-staff-amid-nhs-pressure" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Tesco&#39;s New Health Initiative: Tesco Introduces Virtual GP Appointments For UK Staff Amid NHS Pressure</a>
<ul>
<li>Supermarket group&nbsp;Tesco plc&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/tscdf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">TSCDF</a>) (OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/tscdy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">TSCDY</a>), Britain&#39;s largest private-sector employer, plans to provide its 310,000 U.K. workers with virtual appointments with a private family doctor.&nbsp;</li>
<li>The move comes in response to Britain&#39;s tight labor market, where companies are offering increased hourly wages, bonuses, free food, and other benefits to attract and retain staff. Over the past year, Tesco has increased staff wages by more than 15%. This new initiative might inspire other large employers to introduce similar benefits.</li>
</ul>
&nbsp;
Benzinga
<a class="editor-rtfLink" href="https://www.benzinga.com/news/earnings/23/07/33130988/exxon-flags-lower-quarterly-profit-amid-low-natural-gas-prices-refining-margins" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Exxon Flags Lower Quarterly Profit Amid Low Natural Gas Prices, Refining Margins</a>
<ul>
<li>Exxon Mobil Corp&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xom#NYSE">XOM</a>) anticipates a decrease in second-quarter earnings by roughly $4 billion due to lower natural gas prices and refining margins.</li>
<li>For the first quarter this year, Exxon booked record earnings of $11.6 billion, double from $5.48 billion a year ago and down from $12.75 billion for the fourth quarter of 2022.</li>
<li>In an SEC filing on Wednesday, the U.S. supermajor estimates lower Q2 earnings due to up to $2.2 billion lower earnings in the upstream division because of low U.S. benchmark natural gas prices and another up to $2.2 billion decline in the energy products division due to lower industry margins.&nbsp;</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/07/33127663/stellantis-ends-feud-over-windsor-battery-plant-with-canadian-government-to-resume-construction" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Stellantis Ends Feud Over Windsor Battery Plant With Canadian Government, To Resume Construction</a>
<ul>
<li>On Wednesday, Automaker&nbsp;Stellantis NV&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/stla#NYSE">STLA</a>) said it would resume construction immediately at its CAD 5 billion ($3.76 billion) battery plant in Windsor, Canada. The automaker had put the plant on hold in May following disagreements with the Canadian government over financial support.</li>
<li>The Canadian government has met its commitment to leveling the playing field with the U.S. Inflation Reduction Act, and we are now resuming construction in Windsor, Stellantis, and LG Energy Solution, said in a joint statement. It is not evident how much the plant will receive from the government in subsidies.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/07/33131711/fidelity-national-sells-55-stake-in-worldpay-to-gtcr-for-11-7b-net-proceeds-retains-45-stake" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Fidelity National Sells 55% Stake In Worldpay To GTCR For $11.7B Net Proceeds; Retains 45% Stake</a>
<ul>
<li>Fidelity National Information Services Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fis#NYSE">FIS</a>) signed a definitive agreement to sell a majority stake in its Worldpay Merchant Solutions business to private equity funds managed by GTCR.</li>
<li>GTCR will acquire 55% of Worldpay, and FIS will retain the remaining 45% in a transaction that values the business at $18.5 billion.&nbsp;</li>
<li>Worldpay is a provider of payment processing solutions with $2 trillion in payments volume in 2022.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/07/33124691/whats-going-on-with-bank-of-america-stock" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Bank Of America Boosts Its Quarterly Dividend By 9%</a>
<ul>
<li>Bank Of America Corp&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bac#NYSE">BAC</a>) shares are trading slightly higher after the close Wednesday after the company announced plans to increase its dividend by 9%.</li>
<li>BofA said it plans to increase its quarterly dividend from 22 cents per share to 24 cents per share beginning in the third quarter. The dividend increase still needs to be approved by the company&#39;s board.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/07/33128825/coty-raises-q4-fy23-outlook-on-strong-demand-acceleration" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Coty Raises Q4 &amp; FY23 Outlook On Strong Demand Acceleration</a>
<ul>
<li>Coty Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/coty#NYSE">COTY</a>) increased its Q4 and FY23 outlook before its investor event in Paris on the strong demand growth in most categories and markets.&nbsp;</li>
<li>Outlook: COTY increased Q4 FY23 guidance for revenue growth to +12% to +15% on a like-for-like basis, vs. the previous outlook for +10% growth, led by solid momentum in Prestige and the recovery in the China market.&nbsp;</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/07/33129299/why-genius-sports-shares-are-surging-today" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Genius Sports Extends Its Existing Deal With The National Football League.</a>
<ul>
<li>Genius Sports Ltd&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/geni#NYSE">GENI</a>) inked a multi-year extension of their existing strategic deal with The National Football League (NFL).</li>
<li>As per the extended deal, Genius Sports will remain the exclusive distributor of NFL&#39;s official live game data, and Next Gen Stats (NGS) feeds to global media and betting markets.</li>
<li>The deal will run through the end of the 2027-28 season and includes the GENI&#39;s exclusive right to internationally distribute NFL internationally Watch &amp; Bet low latency live game video feeds to sportsbooks.&nbsp;</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/07/33130298/marathon-digitals-june-bitcoin-production-jumps-599-yy-jv-in-abu-dhabi-begins-mining-operations" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Marathon Digital&#39;s June Bitcoin Production Jumps 599% Y/Y, JV in Abu Dhabi Begins Mining Operations</a>
<ul>
<li>Marathon Digital Holdings Inc&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/mara#NASDAQ" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">MARA</a>) produced 979 bitcoin in June, up 599% on a year-over-year basis. The print is down 21% from last month.</li>
<li>The decreased production relative to last month was due to weather-related curtailment in Texas and a significant decrease in transaction fees.</li>
<li>The average BTC produced daily jumped 599% to 32.6 in June on a Y/Y basis. However, the metric fell 19% compared to May.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/07/33131437/buckle-registers-june-sales-decline-of-1-8-comps-down-2-4" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Buckle Registers June Sales Decline Of 1.8%, Comps Down 2.4%</a>
<ul>
<li>Buckle Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bke#NYSE">BKE</a>) reported that comparable store net sales for the five weeks ended July 1, 2023, decreased 2.4%. Net sales for June declined 1.8% Y/Y to $108 million.</li>
<li>Comparable store net sales year-to-date for the 22-week period ended July 1, 2023, decreased 7.3%.</li>
<li>Net sales for the 22-week fiscal period ended July 1, 2023, decreased 6.5% Y/Y to $480.2 million.</li>
</ul>
&nbsp;
SCMP
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/07/33131695/whats-going-on-with-alibaba-stock-thursday" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Alibaba, Chinese Peer Stocks Fall On Further Signs Of Slowdown</a>
<ul>
<li>Alibaba Group Holding Limited&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>) and Chinese peer stocks are trading lower Thursday as further signs of a slowdown in mainland China hurt the nation&#39;s currency.&nbsp;</li>
<li>A selloff in Chinese banks deepened, while minutes from a Federal Reserve meeting showed officials still favor more tightening this year.</li>
<li>Goldman Sachs&#39;&nbsp;downgrading of top Chinese lenders, including ICBC and the Agricultural Bank, sparked an extended selloff in banking stocks.</li>
</ul>
&nbsp;
Wall Street Journal
<a class="editor-rtfLink" href="https://www.benzinga.com/m-a/23/07/33128405/jetblue-plans-job-cuts-in-new-york-and-boston-but-assures-no-furloughs-as-american-airlines-partners" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">JetBlue Plans Job Cuts In New York And Boston, But Assures No Furloughs As American Airlines Partnership Ends</a>
<ul>
<li>In a recent announcement,&nbsp;JetBlue Airways&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jblu#NASDAQ">JBLU</a>) CEO&nbsp;Robin Hayes&nbsp;informed employees that the airline would likely require fewer jobs in New York and Boston due to the termination of its partnership with&nbsp;American Airlines. However, he assured that there are no plans for worker furloughs as the company shifts its focus to its proposed acquisition of&nbsp;Spirit Airlines&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/save#NYSE" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">SAVE</a>).</li>
<li>JetBlue executives have decided not to join American in contesting a judge&#39;s ruling against their partnership, resulting from a Justice Department lawsuit. Instead, JetBlue will concentrate on its $3.8 billion Spirit deal, which the department has also challenged.</li>
</ul>
Photo by Pierre Lecourt via Flickr

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Samsung Electronics Expects Lowest Quarterly Profits In 14 Years, Exxon Anticipates Lower Natural Gas Prices & Refining Margins To Hit Profits, Bank Of America Boosts Dividend After Stress Test: Today's Top Stories

Supermarket group&nbsp;Tesco plc&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/tscdf#OTC">TSCDF</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/tscdy#OTC">TSCDY</a>), Britain&#39;s largest private-sector employer, plans to provide its 310,000 U.K. workers with virtual appointments with a private family doctor.&nbsp;
The move comes in response to Britain&#39;s tight labor market, where companies are offering increased hourly wages, bonuses, free food, and other benefits to attract and retain staff. Over the past year, Tesco has increased staff wages by more than 15%. This new initiative might inspire other large employers to introduce similar benefits.
This new employee benefits package will also extend to their families, offering unlimited appointments with a general practitioner (GP) seven days a week,&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/business/retail-consumer/with-uk-health-service-crisis-tesco-gives-staff-virtual-doctors-appointments-2023-07-06/" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Reuters</a>&nbsp;reported.
The U.K.&#39;s National Health Service (NHS) is under strain due to the COVID-19 pandemic and an aging population. Many individuals struggle to get timely appointments with their local GPs or face long waiting lists for hospital treatment.
Research by Health Hero, in partnership with Tesco&#39;s health partner YuLife, indicates that while 84% of GP patients required an appointment last year, only 53% who sought a same-day appointment were successful.&nbsp;
As per NHS data, nearly five million patients in England wait more than two weeks for a GP appointment every month.
The YuLife GPs, in collaboration with Tesco, can issue private prescriptions that can be collected at pharmacies on the same day or delivered to the employee&#39;s home.&nbsp;
The appointments will be conducted either via online video calls or phone calls.
Other health services available to Tesco staff will include access to sleep therapists, nutritionists, counselors, exercise coaches, and physiotherapists.
Photo via Wikimedia Commons

Penny Stocks

Health Care

Tesco's New Health Initiative: Tesco Introduces Virtual GP Appointments For UK Staff Amid NHS Pressure

<ul>
<li>Britain&rsquo;s biggest retailer&nbsp;Tesco PLC&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/tscdy#OTC">TSCDY</a>),&nbsp;<a class="editor-rtfLink" href="https://www.tescoplc.com/news/2022/interims-announcement-202223/" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">forecasts its FY22/23 profit at the lower end</a>&nbsp;of its previous guidance.</li>
<li>The company currently expects retail adjusted operating profit of &pound;2.4 billion - &pound;2.5 billion versus the previous forecast of &pound;2.4 billion - &pound;2.6 billion.</li>
<li>Tesco noted significant uncertainties in the external environment still exist, most notably how consumer behavior continues to evolve.</li>
<li>Also Read:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/22/09/29011201/walmart-in-the-metaverse-coming-soon-thanks-to-this-gaming-company" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Walmart In The Metaverse? Coming Soon Thanks To This Gaming Company</a></li>
<li>First-half retail adjusted operating profit was &pound;1.248 billion, down 10% from &pound;1.386 billion last year.</li>
<li>First-half group sales rose 3.1% to &pound;28.178 billion.</li>
<li>As an Inflation-busting move, Tesco announced a vast new price-lock commitment, freezing the prices of more than a thousand everyday products until 2023.</li>
<li>Price Action:&nbsp;TSCDY shares closed higher by 2.13% at $7.18 on Tuesday.</li>
</ul>

Guidance

UK Retailer Tesco Eyes Lower End Of Profit Outlook Citing Macro Uncertainties

Love Hemp Group PLC (AQSE:LIFE) (OTCQB: <a class="ticker" href="https://www.benzinga.com/stock/wrhlf#OTCQB">WRHLF</a>), the brand-led consumer goods company focused on CBD health and wellness solutions, revealed that TESCO PLC, (OTCQX: <a class="ticker" href="https://www.benzinga.com/stock/tscdy#OTCQX">TSCDY</a>) (OTCQX: <a class="ticker" href="https://www.benzinga.com/stock/tscdf#OTCQX">TSCDF</a>) is now stocking Love Hemp CBD products.
Tesco will initially stock a range of six Love Hemp products across more than 200 Tesco stores including &quot;Tesco Extra&quot; in the UK. Tesco Extra stores are larger, mainly out-of-town hypermarkets that stock nearly all of Tesco&#39;s product ranges, although some are in the heart of town centers and inner-city locations. The Love Hemp products will also be available online on Tesco&rsquo;s website. The Love Hemp products available include CBD oil drops, sprays, chocolate balls and a new sugar free, gluten free plant-based CBD gummy product.
The company expects to launch its latest range of benefit driven, functional products in calendar Q4 2022. The range will be available in various delivery forms such as capsules and edibles. The company expects that the new products will open further revenue streams across direct-to-consumer sales, marketplaces, and other major retailers.
Tony Calamita, CEO at Love Hemp stated: &quot;I&#39;m delighted that Tesco have chosen to stock Love Hemp products. Tesco is a major British household name and we are very proud to work with them. It has always been our mission to make CBD accessible and available to as many consumers as possible, and having our products stocked in the vitamin aisles of Tesco brings great visibility to our products and brand. We anticipate that Tesco is the first of several new launches in major UK retailers since the publication of the Novel Foods register on March 31st.&quot;
Photo by <a href="https://unsplash.com/@fortheloveofsmoke?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Jeff W</a> on <a href="https://unsplash.com/s/photos/cannabis?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>
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