International Business News - tesco http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Tesco PLC, the world's third-biggest retailer, said Tuesday it plans to expand its presence in China by opening new stores in the eastern coast provinces of Shandong and Fujian next year. http://www.ibtimes.com/articles/20081111/tesco-plans-further-china-expansion.htm Tue, 11 Nov 2008 13:11:51 EST Tesco PLC, Britain's largest grocer, reported Tuesday that its profits for the first half of the year rose 10.7 percent, despite the difficult retail environment. http://www.ibtimes.com/articles/20080930/tescos-1h-profits-rise-nearly-11-percent.htm Tue, 30 Sep 2008 06:29:18 EDT British supermarket chain Tesco said Wednesday that it had withdrawn a brand of Chinese candies from its shelves amid the poison milk scandal that has killed four Chinese babies and sickened more than 50,000 others. http://www.ibtimes.com/articles/20080924/tesco-withdraws-chinese-candies-amid-milk-scare.htm Wed, 24 Sep 2008 09:17:41 EDT Tesco PLC said Thursday that it has sold $1.1 billion worth of property in leaseback deals, filling the coffers of Britain's biggest grocer for potential further overseas expansion. http://www.ibtimes.com/articles/20080821/tesco-sells-property-as-it-eyes-expansion.htm Thu, 21 Aug 2008 13:04:31 EDT Tesco PLC, the world's No. 3 retailer, is entering India with a wholesale cash-and-carry business, the supermarket group announced Tuesday. Tesco plans to invest up to 60 million pounds ($114 million) over the next two years to establish itself in the fast-emerging economy, whose population of 1.1 billion people is the second-largest in the world. http://www.ibtimes.com/articles/20080812/largest-uk-retailer-tesco-to-enter-india.htm Tue, 12 Aug 2008 11:24:24 EDT Tesco Corp. said its profit more than tripled in the second quarter, results that breezed past Wall Street's expectations, For the period ended June 30, the oil and gas drilling services company said late Thursday it earned a profit of $12.7 million, or 34 cents per share, compared with $3.9 million, or 10 cents per share, in the year-ago period. http://www.ibtimes.com/articles/20080808/tesco-2q-earnings-spike-but-results-miss-street.htm Fri, 08 Aug 2008 10:10:46 EDT The grocer Tesco PLC said Monday it is buying out Royal Bank of Scotland PLC from the pair's personal finance joint venture and signalled its intent to transform the business into a full-service retail bank. http://www.ibtimes.com/articles/20080728/tesco-buys-out-rbs-from-finance-jv.htm Mon, 28 Jul 2008 14:02:04 EDT Oil and gas drilling services provider Tesco Corp. said Wednesday that its vice president and controller, Robert L. Kayl, was named senior vice president and chief financial officer. http://www.ibtimes.com/articles/20080702/robert-kayl-is-appointed-tesco-cfo.htm Wed, 02 Jul 2008 17:52:11 EDT The vice president of manufacturing for oil and gas drilling services company Tesco Corp. exercised options for 6,000 shares of common stock, according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080611/tesco-vice-president-exercises-options.htm Wed, 11 Jun 2008 12:48:07 EDT Tesco PLC, Britain's largest grocer reported group sales rose 13.7 percent in the first quarter, but said Tuesday that the rate of sales growth in nonfood categories for its core market had slowed. http://www.ibtimes.com/articles/20080610/tesco-1q-sales-up-13-7-pct-but-growth-slows.htm Tue, 10 Jun 2008 13:39:06 EDT The vice president and corporate controller of oil and gas drilling services company Tesco Corp. exercised options for 8,000 shares of common stock, according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080606/tesco-vp-and-controller-exercises-options.htm Fri, 06 Jun 2008 12:51:03 EDT A vice president of oil and gas drilling services company Tesco Corp. exercised options for 7,165 shares of common stock, according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080606/tesco-vice-president-exercises-options.htm Fri, 06 Jun 2008 12:50:51 EDT The senior vice president of marketing and business development for oil and gas drilling services company Tesco Corp. exercised options for 18,000 shares of common stock, according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080606/tesco-senior-vice-president-exercises-options.htm Fri, 06 Jun 2008 12:08:14 EDT British grocery giant Tesco PLC says it is close to completing its takeover of Dobbies Garden Centres PLC. Formally launching an offer of 1200 pence (US$23.51; euro15.08) per share, Tesco said Wednesday it had secured an irrevocable undertaking from West Coast Capital Limited to sell its stake of 29.2 percent. Tesco already had acquired 65.5 percent of the shares. http://www.ibtimes.com/articles/20080521/tesco-close-to-dobbies-takeover.htm Wed, 21 May 2008 06:10:18 EDT Wal-Mart is planning to prepare and serve fresh food at delicatessen counters in its new Marketside convenience stores, in a bit to compete with Tesco's Fresh & Easy offering. http://www.ibtimes.com/data/articleimgs/47611-wal-mart.jpg http://www.ibtimes.com/articles/20080516/wal-mart-tesco-stores-asda-stores.htm http://www.ibtimes.com/articles/20080516/wal-mart-tesco-stores-asda-stores.htm Fri, 16 May 2008 17:57:12 EDT Supermarket giant Tesco said on Wednesday that it acquired 36 Homever stores in South Korea from the E-Land Group for £958 million, including existing debt. http://www.ibtimes.com/articles/20080515/tesco-south-korea.htm Thu, 15 May 2008 04:05:27 EDT Tesco PLC, the largest grocer in the United Kingdom, said Wednesday that it is buying 36 Homever stores in South Korea for 958 million pounds (US$1.87 billion; euro1.2 billion), including existing debt. http://www.ibtimes.com/articles/20080514/tesco-buying-homever-stores-in-skorea.htm Wed, 14 May 2008 04:48:27 EDT A director of oil and gas drilling services company Tesco Corp. exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing Monday. http://www.ibtimes.com/articles/20080513/tesco-director-exercises-options-for-10-000-shares.htm Tue, 13 May 2008 13:26:07 EDT The FTSE 100 share index rose 75.3 points to 5,906.9 (up 1.3 per cent) on Tuesday on what was a good day for retailer Tesco. http://www.ibtimes.com/articles/20080416/ftse-finishes-higher-tuesday.htm Wed, 16 Apr 2008 02:44:41 EDT Supermarket chain Tesco has reported an 11.8 per cent rise in pre-tax profit in 2007, taking the group's profits for the year up to £2.846 billion. http://www.ibtimes.com/articles/20080416/tesco-profits.htm Wed, 16 Apr 2008 02:20:17 EDT