NEW YORK/LONDON Oct 5 (Reuters) - U.S. hedge fund firm Harbinger Capital Partners said on Tuesday that it had halved its stake in British satellite operator Inmarsat ( ISA.L ) at a time the $9 billion fund firm is making a large wireless bet. New York
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UK grocer Tesco says 1st half profit up 15 percent, sales up 8 percent - Republic
LONDON — Tesco PLC, the world's third-largest retailer, said Tuesday that its first-half profit rose by 15 percent as the grocery company benefited from recovering economies, particularly in Asia. For the six months ending Aug. 28, Tesco reported a net
Source: www.therepublic.com
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UPDATE 2-Tesco sees robust global recovery, no double dip - Reuters
LONDON, Oct 5 (Reuters) - Tesco ( TSCO.L ), the world's third-biggest retailer, believes the global economy is recovering strongly and growth in emerging markets will help to prevent developed economies from falling back into recession. The British group
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Tesco First-Half Profit Advances 9.1% as Its International Sales Rebound - Bloomberg
Tesco Plc , the U.K.’s largest retailer, reported a 9.1 percent gain in first-half earnings as sales improved at its international division and said its money- losing U.S. Fresh & Easy unit will be profitable in fiscal 2013. So-called trading profit, a measu
Source: www.bloomberg.com
Tesco’s Leahy Marks Last Results With Forecast for U.S. Profit - BusinessWeek
Oct. 5 (Bloomberg) -- Tesco Plc Chief Executive Officer Terry Leahy marked his last announcement of the U.K. retailer’s results by reporting profit that beat estimates and forecasting an earlier end to U.S. losses than some had anticipated. So-called trading
Source: www.businessweek.com
European Stocks, U.S. Futures Fluctuate; Tesco, E.ON Shares Move - San Francisco Gate
Tuesday, October 5, 2010 Oct. 5 (Bloomberg) -- European stocks were little changed as Moody's Investors Service said it may cut Ireland's credit rating, offsetting better-than-estimated profit at Tesco Plc. U.S. futures fluctuated and Asian shares slipped
Source: www.sfgate.com
