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Tesco Cuts Profit Outlook Amidst Accounting Error
In an announcement on Monday, Tesco Corporation (USA) (TESO) is reported to have suspended four senior executives, on the back of the overstatement of its first-half profit guidance for the current year by �250 million ($408.8 million), representing a ...
Business Live: Monday 22 September 2014  BBC News
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Tesco "overstates" profits by �250m - equivalent to a billion cans of beans
Tesco has been forced to admit that its half-year profit guidance overestimated its profits by a quarter of a million pounds.
Rape charge after Dumfries car park incident
The appearance follows an alleged attack at the Tesco car park in Dumfries earlier this month. A spokesperson for the procurator ... Longstanding Labour voters who deserted the party to vote for Scottish independence "shocked and worried us greatly," a ...
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Asia Market Report: Softbank shares slide in Tokyo
Softbank has a 32% stake in Alibaba, and shares of the Japanese company have surged by around 30% in anticipation of Alibaba's listing.
Tesco Corporation Announces Succession Plans
21, 2014 /PRNewswire/ -- Tesco Corporation (NASDAQ: TESO) today announced that Julio M. Quintana, President and Chief Executive Officer, has elected to retire at the beginning of January, 2015.
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Morning Agenda: Alibaba's IPO Aftermath
The company officially set the record for the biggest initial public offering ever, after its bankers on Friday decided to exercise a so-called green shoe option, allowing them to increase the size of the deal by 15 percent, from $21.8 billion to $25 ...
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Branson Voted 'Most Admired' Boss In Britain
Mr O'Connell said: "Our highest-rated businesspeople included Sir James Dyson of vacuum cleaner fame, Sir Ernest Harrison, the man who brought us the mobile phone, and Arnold Weinstock, the former boss of GEC. "Away from manufacturing, the stars ...
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The more power is devolved, the faster tax revenues race to the bottom
But since an independent Scottish nation, the one Alex Salmond proposed, was already primed to cut corporation tax by 3p in the pound, such a race is not such a fanciful prediction.
White Eagle Partners Issues Letter to Board of Tesco Corporation
NEW YORK - White Eagle Partners, LLC ("White Eagle"), a shareholder of Tesco Corporation (NASDAQ: TESO) (the "Company"), sent a letter today to the Company's Board of Directors criticizing management's proposed plans which suggest spending $250 ...
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Tesco Corp. Downgraded to "Hold" at Deutsche Bank (TESO)
Tesco Corp. (NASDAQ:TESO) was downgraded by investment analysts at Deutsche Bank from a �buy� rating to a �hold� rating in a note issued to investors on Thursday.
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