Similar to Wal-Mart (WMT) being the largest retailer in the USA, Tesco Plc (TSCDY) is the largest grocery and general merchandising retail chain in the UK based on both sales and profit measures. Tesco together with Asda, Morrisons and Sainsbury’s (“Big 4”) have a 75% share of the grocery market in the UK as of …
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1.George Soros: Britain may have to seek IMF Rescue…George Soros, the man who broke the Bank, sees a global meltdown. 2. The Inter-American Development Bank could easily double its annual lending, given the global financial crisis, Luis Alberto Moreno, the bank’s president, said ahead of an expected call on Sunday on the bank’s shareholders to …
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1.Australia’s banking sector is being tipped to emerge stronger than in recent years. Runaway wreck stalling; time for the clean-up 2. Stocks that Matter: BP Continuing our series looking at the most popular stocks in the portfolios of UK Unit Trusts and OEICs, we turn our attention to BP. 3.Wage Deflation Sets In– From MISH’S …
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Guangshen Railway Co (GSH) is the lone foreign railroad listed in the New York Stock Exchange other than the Canadian railroads. From the Wikipedia: “Guangshen Railway Company Limited operator of Guangshen Railway, the 152-kilometre railway link between Guangzhou and Shenzhen in Guangdong, China. The company is engaged in railway passenger and freight transportation businesses between …
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