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The chain said that the rate of the United Kingdom type-for-like sales increased 1. 5pc 13 weeks for November 27, including VAT, but excluding gasoline. This figure compares with 1. 3pc, in its second quarter and 1. 1pc in his first.

Total sales, including those of Tesco Stores around the world has increased by 8 8pc. In Asia, sales rose by 23 4pc or 4 3pc on a like-for-like basis, which removes stores open for less than one year. Like-for-like sales in its stores in continental Europe has increased by 3 6pc, while type-for-like in its chain of Fresh & easy the United States sales increased by 9 8pc.

Laurie McIlwee, Director of finance to Tesco, the United Kingdom improved progressed in the third quarter sales said. He said that most beautiful range of high-end products Tesco is based on two-year double-digit growth.

"It is the largest food brand United Kingdom bar no and premium." Which should give each trust, "he said."

Sir Terry Leahy, Chief Executive of Tesco, which stages next March, said: "we have made good progress in the third quarter with growth of in all of the group." As the global economic recovery gathers pace, our strategy focused on offshore, combined with our ongoing discussion of productivity, savings is allowing us to maintain growth so lasting, profitable - delivering value for customers and shareholders. ?

Actions in the retailer has increased from 7.45% 427.35.

Philip Dorgan, an analyst at Altium Securities, broker, said that sales of Tesco are slightly ahead of expectations.

Mr. Dorgan said that Tesco shares are undervalued.

"Overall, we believe that education is slightly better than expected and it is encouraging Tesco came out strong quarter UK like-for-like sales continue to underperform Morrison and Sainsbury, if only slightly." This is why the market values only retail trade the Tesco UK in accordance with its peers. This is because if there is a demonstrable benefit to be large and supposedly better than national competitors, then why should be valued at a premium? ", said Mr. Dorgan.

He continued: "in this regard, we believe that the appointment of a Director UK [early next year] for the first time, in fact, more than 10 years, must be the catalyst for the creation of value." "We believe that scale has its advantages and Tesco has also important task forces and property that should lead to better relative long-term performance".

Mr. McIlwee agreed that Tesco shares are undervalued at this time.

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NEW YORK--The pace of economic recovery of the U.S. remain steady but slow in front of high unemployment and heavy debt, according to a new survey.

The National Association for Business Economics inquiry should be released Monday, found economists now expect growth of 2.7% this year, up slightly from the previous forecast of 2.6%.

For 2011, the group is still waiting for a growth of 2.6%.

The likelihood of relapse into recession or stagflation is considered faible.Mais high unemployment, debt and severe loss of wealth are supposed to hinder a more robust rebound, according to the survey

"" Confidence in sustainability of the expansion is intact, but panelists remain concerned about levels high federal debt, a high rate of unemployment, increase business regulation and rising prices of raw materials, said Richard Wobbekind, President of NABE and an associate at the School of business at the University of Colorado Leeds Dean. ""

51 Members interviewed by the group said that they expect also remain modest, with retail holiday sales this year consumption is projected to increase only 2.5 percent last year.

Meanwhile, the number of jobs employers add to their payroll should on average less than 150,000 a month prior to the second half of the year prochaine.Le unemployment rate is expected to remain high or 9.5% by early next year more.It is supposed to do facilitate only slightly to 9.2% at the end of 2011.

Tolls the recovery job started lowest on record, the said group.

Perspectives on the housing also remain warm, with Group scaling back its expectations for starts this year 720,000 its forecast of 750,000 last month.

Bright spot in the survey has been undertaken expenditures, with sustained growth, double-digit laid down at the end of the year prochaine.Les spending on structures now expected to grow by 1.8% in 2011 .c ' is still low, but better than earlier predictions of contraction of 0.2 per cent.

NABE panelists also stated that they expect the federal funds rate remain near zero until the end of the year prochaine.La note 10-year Treasury Board should now give 3.25% at the end of 2011, to the prediction of 3.75% last month.

The survey was taken between 21 Oc.t and November 4.

Copyright 2010 the Associated rights Press.Tous réservés.Ce hardware cannot be published, broadcast, rewritten or redistributed.

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Questor says BUY

There were strong winds in terms of polymer prices, but the company is able to pass these to customers.However, it takes a few months to do this, there is a delay effect if increases the cost of entry. Despite this, the Group expects always respond to forecasts throughout the year.

In its commercial update has a few weeks, the company said revenues for the first half of the year would be higher than in the first half of last year.

This is in part to rising prices of polymer transmitted but volumes were also higher. It means operating profit should be ahead of last year.

Operating margins are also expected to have increased.

About 60pc 70pc of business of the group is in the production of packaging plastic tailor-made contracts lasting from three to five years.This means gains are quite visible.

The company initiated a program called RPC 2010, involving the closure of a number of plants and reduce costs base.De obviously, after the end of this fiscal year, the company will continue to monitor costs.

RPC said volumes in its pharmaceutical, personal care and coffee capsule sectors have experienced growth "substantially" due to a combination of cyclical recovery and growth organique.La company is a market leader in the area of coffee - capsules .the levels of activity in other sectors were generally more discrete.

The shares are trading on March 2011 multiple 10.2 times, falling to 9.3 in 2012.Les pay actions are also producing 3 8pc.

They were initially recommended to 211 p on July 26 and they are now higher than 41pc, compared to a market of 23pc .the ' business must have a broad economic recovery and will continue to pass on rising customer input costs should they occur.

Actions remain a purchase, but the gains are likely to be slow and regular, as they were in the past year.

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