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About 894 results for "tesco"

Tesco cuts profit outlook; suspends 4 post accounting error
Money Control

Tesco boss 'can't speculate' on what caused £250m profit error

The revelation has prompted the suspension of four senior executives and will be investigated independently by Deloitte. ITV News Economics Editor Richard Edgar reports: Shares in Tesco have closed down more than 10% after the shock profit warning ... ITV.com, 12 minutes ago
Tesco probes $408m profit error Arab News, 1 hour ago
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1,383 images for tesco

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Talking Retail, 2 days ago

INVESTOR ALERT: Investigation on Behalf of Tesco PLC Shareholders Announced by Glancy Binkow & Goldberg LLP

LOS ANGELES--(BUSINESS WIRE)-- Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of purchasers of the American Depositary Receipts (ADRs) of Tesco PLC (Tesco or the Company) (OTC:TSCDY) concerning possible ...
 CNBC1 hour ago Tesco PLC PT Lowered to GBX 165 (TSCO)  American Banking News7 hours ago Tesco PLC's Sell Rating Reaffirmed at Societe Generale (TSCO)  American Banking News12 hours ago
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European Stocks Fall Most in Three Weeks on China as Tesco Drops

Sept. 22 (Bloomberg) -- European stocks fell the most in more than three weeks as China's finance minister damped speculation his government will boost economic stimulus. Commodities producers dropped the most among 19 industry groups. Tesco Plc ...
 La Repubblica5 hours ago European Stocks Fall Amid China Concern as Tesco Slides  BusinessWeek14 hours ago European Stocks Fall Amid China Stimulus Concern as Tesco Slides  La Repubblica14 hours ago China slowdown worries hit world stocks, commodities  The Financial Chronicle12 hours ago
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Tesco Suspends Execs, Probes Accounting Error

Tesco PLC has suspended four senior executives and called in outside auditors and legal counsel to investigate the GBP250 million ($408.8 million) overstatement of the U.K. supermarket operator's forecast first-half profit. Tesco's newly ...
 FOXBusiness.com9 hours ago Tesco Error Triggers Profit Warning  Austin American Statesman15 hours ago Tesco suspends executives following accounting error  Food Business News3 hours ago The Fault in Our Books: Tesco Suspends Execs Amid Accounting Probe  Brandchannel.com6 hours ago
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Tesco chairman has no intention of stepping down

Tesco chairman Sir Richard Broadbent has said he has no intention of stepping down despite the slump in Tesco's performance and revelations over misstated profits. He said: "I do not think we are ducking the issues. My intention is to continue to ...
 ITV.com11 hours ago Tesco Chairman Sir Richard Broadbent Will Not Resign in Wake of Profit Misreporting Scandal  International Business Times UK13 hours ago
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Tesco Identifies Overstatement Of Expected Profit For Half Year - Quick Facts

Tesco Plc. (TSCO.L,TSCDY.PK) Monday said that during its final preparations for the forthcoming interim results, the retailer identified an overstatement of its expected profit for the half year, principally due to the accelerated recognition of ...
 RTTNews.com16 hours ago

ALEX BRUMMER: Just as it looked as if things might settle down at Tesco, with the arrival of new boss Dave Lewis, it has all gone horribly wrong

Published: Off their trolley: Tesco put out a profits forecast that is an alarming £250m off target and has been required to suspend four key executives thought to include the UK managing director Chris Bush Just as it looked as if things might ...
 This is Money1 hour ago

Tesco cuts forecast and suspends staff after profits overstated by $408 million

Comment · print · T T T+· T- REUTERS Tesco's new chief executive Dave Lewis said Robin Terrell had stepped in to lead the grocer's UK leadership team in the wake of the firm's accounting issue, which has resulted in four employees ...
 The Hindu9 hours ago Tesco CEO Dave Lewis says Robin Terrell will lead UK business  Economic Times12 hours ago Tesco CEO says Robin Terrell will lead UK business  Reuters13 hours ago Tesco makes £250m profit error says CEO Dave Lewis video  Big News Network3 hours ago
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Tesco loses nearly HALF its value in a year: Shares plunge 12% after supermarket giant shocks investors with £250m black hole

Published: Tesco has lost nearly half its market value over the last twelve months as its shares plunged 12 per cent this morning after the supermarket giant revealed it has overstated half-year profits by about £250million. The troubled ...
 This is Money6 hours ago Tesco's execs suspended in profit probe  CNBC11 hours ago Retailer Tesco suspends 4 execs, launches accounting investigation over inflated profit report  Canadian Business Magazine7 hours ago Tesco Suspends Executives Over Inflated Profit Report  Moneynews9 hours ago
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Tesco Issues Third Profit Warning of the Year

Tesco, Britain's largest retailer by revenue, says it overstated expected half-year profit by 250 million pounds ($407 million) as it issued its third profit warning this year. The announcement shocked the markets, with shares falling 7 percent ...
 ABC News13 hours ago Tesco Identifies Overstatement Of H1 Profit Forecast; Stock Tumbles  RTTNews.com15 hours ago Tesco overstates profit forecast  Austin American Statesman15 hours ago Tesco says profit forecast was overstated by £250 million  Retail Bulletin9 hours ago
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