City news: Tesco, Moneycorp, small business investment and Sky TV

City news: Tesco, Moneycorp, small business investment and Sky TV
 

The firm will unveil its half-year results on Tuesday and according to a consensus forecast compiled by Reuters, it should report a pre-tax profit of £333million, excluding exceptional items and pension costs.
That compares with the £158million it registered for the same period last year. Additionally, revenues for the six months to the end of August are forecast to be 1.2 per cent higher at £27.5billion.
The market also expects Tesco to say that the recovery in its like-for-like sales is continuing. In June, Tesco announced that it had seen back-to-back quarterly sales growth for the first... read more

 
2 October 2016 in Business, Views: 58
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