tesco

A number of top fund managers took a hit on their portfolios this week as retail favourite Tesco issued a profits warning, sending its shares down 16% in a day - the largest fall since 1988.

Warren Buffett's retail favourite Tesco has seen its shares plunge 14.2% following a profit warning today.

Warren Buffett has provided a much needed boost to Tesco by saying he is considering upping his stake in the supermarket giant.

JO Hambro Capital Management's (JOHCM) Clive Beagles has bought into UK food giant Tesco for the first time in seven years amid expectations the group will renew its focus on payouts.

Equity managers at F&C and Threadneedle are among those to have been adding to Tesco ahead of today's results which showed profits had risen 12.1%.

The Conjecture panel discusses debt, contagion, and the outlook for European markets