Tesco cuts prices on travel insurance - Published:14/11/06
The company, already one of the UK's top-ten journey insurance providers, plans to cut alive prices by around 20 per cent this summerstart on June 21st until September 12th 2006, the travel insurance policies are obtainable across the UK from storesTesco describes its form-free cover as "sole", for the ease and speed with which it can be obtainedAllan Burns, skull of Tesco travel insurance, comments: "We all sight travel insurance as the necessary but boring and frequently costly part of a holiday"By by efficient sales routes through Tesco stores we're clever to pass on savings to our customers giving them more money to spend on holiday"The company also notes that solitary trip policies can be specified for a later date, while annual travel insurance policies are also available, cover all trips engaged in the next twelve monthsThousands of England fans, many of whom will have travel insurance policies, are put to journey to Germany this summer, with the team boasting a collection of first-rate players and having already qualified for.
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This Week's Market Movers - Published:08/11/06
strong miners and brawny banks hoisted the FTSE to within moving distance of the 6,000 point-level this week By mid-morning on Friday, the benchmark directory was up 177 points on the week at 5,999Miners were given a greeting boost this week as commodity prices continued to recover from new weakness Anglo American (LSE: AAL) was up 8% to 2,306p, and Rio Tinto (LSE: RIO) gained 7% to 2,584p Kazakhmys (LSE: KAZ) rose 1% to 1,140p even though sociable boss YK Cha supposed he will sell 2m sharesBanks were in high feelings as they were given a lift by fanciful speculation of mergers and acquisitions HSBC (LSE: HSBA) hard-bitten 2% to 972p and regal Bank of Scotland (LSE: RBS) rallied 4% to 1,832p Barclays (LSE: BARC), which has signed a 3 year additional room to sponsor football's Premier League, put on 2% to 659pSticking with takeover matters, Hanson (LSE: HNS) surged 9% to 743p in the middle of speculation that Mexico's Cemex may be a suitor, and condom maker SSL International (LSE: SSL) hard-bitten 12% to 355p on offer rumours Inter-dealer broker ICAP (LSE: IAP) confirmed press conjecture that it has had merger discussions with London Stock Exchange (LSE: LSE), which enthused down 1% to 1,243p But ICAP, static at 512p, said negotiations have been terminated Meanwhile, Grainger Trust (LSE: GRI) surged 20% to 635p after confirming that it had received a preliminary approachStandard existence (LSE: SL) gained 1% to 272p in spite of missing profit estimates The insurer said it took a first-half charge of £100m to wrap a rise in customer defections since its stock market debut In the meantime, course of action capitalist 3i (LSE: III) inched ahead 1% to 934p after it said realisation profits were better than usualRHM (LSE: RHM) sank 3% to 273p as squidgy squash sales took the gloss of a better presentation by Mr Kipling cakes Dairy Crest (LSE: DCG) was motionless at 590p as it announced the sale of most of its cheese commerce, and Lurpak owner Arla (LSE: ARU) compressed 10% to 54p on an upbeat trading update Irn-Bru maker AG Barr (LSE: BAG) bubbled up 1% to 1,125p on marks, and Britvic (LSE: BVIC) jumped 4% to 233p on an positive outlookMitchells & Butlers (LSE: MAB) rose 4% to 591p as demand for pub-grub boosted collection sales Strong revenues were reported at bar outfit Wolverhampton & Dudley (LSE: WOLV), too But its shares slipped 1% to 1,418p Regent Inns (LSE: REG), which reported a little drop in annual income held firm at 73p On the other side of the high street, Comet proprietor Kesa (LSE: KES) receded 3% to 321p despite a rise in fundamental profit, and HMV (LSE: HMV) was unaffected at 160p after a trading updateOther companies in the information included PZ Cussons (LSE: PZC), which surged 8% to 160p on strong lather sales, and Electrocomponents (LSE: ECM) shot up 11% to 273p after it flagged up physically powerful first-half growth BAT (LSE: BATS) wafted 2% lower to 1,441p as American tobacco firms are emotional over deceptive low-tar cigarette promotions, and Tesco (LSE: TSCO) slipped 1% to 365p on concerns that Thailand's military best may restrict its growthWilliam Hill (LSE: WMH), up 3% to 307p, shrugged off information that it will stop taking bets from US customers, and free time & Gaming (LSE: LNG) tumbled 16% to 38p next a profit warning Hardman Resources (LSE: HNR) surged 55% to 82p after it agreed to be taken over by Tullow Oil (LSE: TLW), which rose 5% to 376pBP (LSE: BP) is pencilled in for a trading inform, and Tesco has interim results Look out also for teddy Baker's (LSE: TBK) mid-year results© patent 1998-2006, The Motley Fool Limited All rights reserved This fabric is for personal use only The Motley trick, trick, and the "trick" logo are registered trademarks of The Motley Fool, Inc Legal Information Disclaimer solitude and.
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Tesco moves into software - Published:01/11/06
Tesco is to launch a variety of budget own-brand PC software, in a move that will playing field the grocery giant against the likes of Microsoft and SymantecTesco said it would proffer six packages, including office software, security systems and a photo editing toolBritain's biggest seller said each title would cost less than £20, challenging what it described as the present "high" cost of PC softwareIn August, the firm announced it was launching a new home shopping service for a variety of 8,000 items counting sofas, bikes, golf clubs and cameras - taking the superstore into direct competition with retailers such as ArgosWhen it comes to software there is small choice and prices are high - our new variety of software changes thisTesco said its own-brand software variety, which will also include a CD/DVD on fire tool, would be available in 100 of its stores from afterwards in OctoberThe supermarket group said it had developed the variety of titles with UK software distributor FormjetFormjet's products include aptitude Office, a software package which includes word processing, worksheet and photo editing applications, the basic account of which retails at £2099"When it comes to software there is little choice and prices are high," supposed Tesco buyer Daniel Cook"Our novel range of software changes this, bringing choice and worth to the market that has offered little of either for too long"The software and house shopping services are the latest in a rising list of non-food products offered by Tesco, which also includes finance and insurance packages and telephone and broadband servicesTesco's successful move into retail areas not previously linked with supermarkets has helped the firm hold on to its position as Britain's leading retailerThe latest data published last month by marketplace retail analysts TNS Worldpanel showed that Tesco had a 314% share of the UK grocery marketplace, followed by Asda with a 164% and Sainsbury's with.
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