Sports Direct’s share price tumbles after Tesco investment

CityAM – 26 Sept 2014

http://www.cityam.com/1411725383/sports-direct-shares-tumble-after-tesco-investment

De La Rue shares tumble on profits warning

Telegraph – 26 Sept 2014

http://www.telegraph.co.uk/finance/newsbysector/epic/dlar/11122741/De-La-Rue-shares-tumble-on-profits-warning.html

Banknote printer De La Rue faces uphill struggle after shock profit warning

MindfulMoney – 26 Sept 2014

http://www.mindfulmoney.co.uk/shares/banknote-printer-de-la-rue-faces-uphill-struggle-after-shock-profit-warning/

UK Index LIVE: London shares edge lower after sell-off in the US and Asia

This is Money – 26 Sept 2014

http://www.thisismoney.co.uk/money/markets/article-2770520/UK Index -LIVE-London-shares-edge-lower-sell-US-Asia.html

Sports Direct’s Mike Ashley Bets on Tesco Recovery — Market Talk

Dow Jones – 25 Sept 2014

UK businessman Mike Ashley is betting that Tesco will be able to bounce back from its troubles. Through Sports Direct International, Ashley — who also owns UK soccer club Newcastle United — has bet that Tesco shares will rise, through a put option for 23 million Tesco shares with Goldman Sachs. He did something similar in January with Debenhams-but those shares have since fallen 25% in value, says Mike van Dulken at Accendo Markets. The Debenhams bet could cost Sports Direct a maximum of GBP64 million if it goes bad; the Tesco bet could ultimately cost a maximum of GBP43 million, the firm said.

Eccentric Billionaire Mike Ashley Just Bet $70 Million On Tesco’s Resurgence

Business Insider – 25 Sept 2014

http://www.businessinsider.co.id/mike-ashley-bet-70-million-dollars-on-tescos-resurgence-2014-9/

Mike Ashley’s Sports Direct bets on Tesco recovery

Real Business –  25 Sept 2014

http://realbusiness.co.uk/article/27807-mike-ashleys-sports-direct-bets-on-tesco-recovery

Mike Ashley’s Sports Direct bets on 23 million Tesco shares

CityWire – 25 Sept 2014

http://citywire.co.uk/wealth-manager/news/mike-ashley-s-sports-direct-bets-on-23-million-tesco-shares/a774415

Private investors join Mike Ashley in punt on Tesco

CityWire – 25 Sept 2014

http://citywire.co.uk/money/mike-ashley-bets-on-23-million-tesco-shares/a774415

Why No One Should Follow Newcastle United’s Mike Ashley’s Lead on Stock Buying

International Business Times – 25 Sept 2014

http://www.ibtimes.co.uk/why-no-one-should-follow-newcastle-uniteds-mike-ashleys-lead-stock-buying-1467114

Message to Sports Direct’s Ashley: spoof not lest thou are spoofed

Financial Times – 25 Sept 2014

http://www.ft.com/cms/s/0/70a445ca-4497-11e4-bce8-00144feabdc0.html

UK Index sell-off slows as Draghi reiterates recovery plan

CityWire – 24 Sept 2014

http://citywire.co.uk/money/UK Index -sell-off-slows-as-draghi-reiterates-recovery-plan/a774222

China to avoid a hard landing

CityAM – 24 Sept 2014

http://www.cityam.com/1411520418/china-avoid-hard-landing

Tesco loses profits due to flaws in accounting

Stocks – 23 Sept 2014

http://stocks.org/company/tesco-lontsco-loses-its-profit-due-to-flaws-in-accounting/25938/

Tate & Lyle warning leaves bad taste

Interactive Investors – 23 Sept 2014

http://www.iii.co.uk/articles/193929/tate-lyle-warning-leaves-bad-taste

Tate & Lyle shares dive in fresh profit warning

Independent – 23 Sept 2014

http://www.independent.co.uk/news/business/news/tate–lyle-shares-dive-in-fresh-profit-warning-9750893.html

UK Index slumps again while Tate & Lyle loses 17% after profit warning

Guardian – 23 Sept 2014

http://www.theguardian.com/business/marketforceslive/2014/sep/23/UK Index -slumps-tate-lyle-profit-warning

Tate & Lyle profit warn sees shares slump

Proactive Investors – 23 Sept 2014

http://www.proactiveinvestors.co.uk/companies/news/72513/tate-lyle-profit-warn-sees-shares-slump-72513.html

Tesco loses nearly HALF its value in a year: Shares plunge 12% after supermarket giant shocks investors with £250m black hole

This is Money – 23 Sept 2014

http://www.thisismoney.co.uk/money/news/article-2764887/Tesco-shares-plunge-10-supermarket-giant-finds-250m-black-hole.html

Tesco chief handed £1m payoff just a week before the scandal: So how much did suspended bosses know of profit rigging?

Daily Mail – 22 Sept 2014

http://www.dailymail.co.uk/news/article-2765842/Tesco-chief-handed-1m-payoff-just-week-scandal-So-did-suspended-bosses-know-profit-rigging.html

http://www.dailymail.co.uk/news/article-2765802/Shaming-Tesco-Retail-giant-suspends-four-managers-cooked-books-hide-slump-profits-2billion-wiped-market-value.html

China’s Scotch Indicator Is Signaling Disaster

Business Insider – 22 Sept 2014

http://www.businessinsider.com/chinas-scotch-indicator-is-signaling-disaster-2014-9

Monday’s most followed – Tesco, Alibaba, Goldplat and Magnolia Petroleum

Proactive Investors – 22 Sept 2014

http://www.proactiveinvestors.co.uk/companies/market_reports/72476/mondays-most-followed-tesco-alibaba-goldplat-and-magnolia-petroleum-0000.html

MARKET COMMENT: Miners And Tesco Drag UK Stocks Lower

Alliance News – 22 Sept 2014

http://www.lse.co.uk/AllNews.asp?code=b79z5d1r&headline=MARKET_COMMENT_Miners_And_Tesco_Drag_UK_Stocks_Lower

Miners add to UK Index ‘s Tesco woes as gold and silver slump

CityWire – 22 Sept 2014

http://citywire.co.uk/money/miners-add-to-UK Index s-tesco-woes-as-gold-and-silver-slump/a773813

Tesco Suspends Executives, Probes Accounting Error

Nasdaq – 22 Sept 2014

http://www.nasdaq.com/article/tesco-suspends-executives-probes-accounting-error4th-update-20140922-00336

Tesco shares dive as it overstates half-year profits by £250m

Your Money – 22 Sept 2014

http://www.yourmoney.com/your-money/news/2371305/tesco-shares-dive-as-it-overstates-half-year-profits-by-gbp250m

FCA to investigate Tesco after £250m accounting error

Investment Week – 22 Sept 2014

http://www.investmentweek.co.uk/investment-week/news/2371293/tesco-admits-overstating-half-year-profits-by-gbp250m

Tesco tumbles on probe into overstated profits

Citywire – 22 Sept 2014

http://citywire.co.uk/money/tesco-tumbles-on-probe-into-overstated-profits/a773729

Tesco shares plunge as it suspends four staff in ‘serious issues

Telegraph – 22 Sept 2014

http://www.telegraph.co.uk/finance/newsbysector/epic/tsco/11112744/Tesco-shares-plunge-as-it-suspends-four-staff-in-serious-issues-probe-as-it-happened-22-September-2014.html

Tesco admits incredible error

Interactive Investor – 22 Sept 2014

http://www.iii.co.uk/articles/193694/tesco-admits-incredible-error

Profit shock not the best start for Tesco boss Dave Lewis

ITV – 22 Sept 2014

http://www.itv.com/news/2014-09-22/profit-shock-not-the-best-start-for-tesco-boss-dave-lewis/

Tesco Suspends Executives, Probes Error That Triggers New Profit Warning

Wall St Journal – 22 Sept 2014

http://online.wsj.com/articles/tesco-error-triggers-new-profit-warning-1411367294

Traders Abandon Tesco’s Stock as They Wipe Books of Retailer’s Shares

Int Businesss Times – 22 Sept 2014

http://www.ibtimes.co.uk/traders-abandon-tescos-stock-wipe-books-retailers-shares-1466541

Tesco – No Longer a Viable Investment, Says Accendo — Market Talk

Dow Jones – 22 Sept 2014

Supermarket giant Tesco (TSCO.LN) is no longer a viable investment, says Marc Kimsey at Accendo Markets.  “Traders are clearing the books of all holdings and reallocating funds in sector peers. The last two years have tested investors’ patience but with the dividend being cut back and today’s revelation, justification to hold is non-existent.” Tesco announced Monday it had overstated its most recent profit forecast by GBP250 million. Tesco shares trade 10% lower at 207p