TESO - Tesco Corporation

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
4.50
-0.10 (-2.17%)
At close: 4:00PM EDT
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Previous Close4.60
Open4.60
Bid2.05 x 100
Ask4.55 x 2500
Day's Range4.45 - 4.60
52 Week Range3.70 - 9.65
Volume160,295
Avg. Volume649,016
Market Cap210.4M
Beta1.71
PE Ratio (TTM)-3.08
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.00 (0.00%)
Ex-Dividend Date2015-11-10
1y Target EstN/A
Trade prices are not sourced from all markets
  • Sainsbury's cutting 2,000 jobs in UK
    Reuters3 days ago

    Sainsbury's cutting 2,000 jobs in UK

    Sainsbury's is consulting on measures that would lead to a loss of 1,400 jobs by removing all in-store human resource and payroll clerk roles, the spokesman said. Some 600 further job losses will come from a restructuring to consolidate human resource and other support roles, the statement added.

  • Reuters9 days ago

    Tesco whistleblower did not raise concerns in appraisal, court told

    A senior accountant at the centre of a trial of three former Tesco executives did not raise his concerns over a hole in its accounts during his own appraisal, a court heard on Wednesday. Amit Soni, who is described as a whistleblower by the prosecution in the case, was giving evidence for a sixth day at the trial of Christopher Bush, 51, who was managing director of Tesco UK, Carl Rogberg, 50, who was UK finance director, and John Scouler, 49, who was UK food commercial director. The three deny any wrongdoing and have pleaded not guilty to charges of fraud and false accounting relating to Tesco's revelation in September 2014 that its group profit forecast had been overstated by 250 million pounds, mainly due to booking commercial deals with suppliers too early.

  • Tesco whistleblower did not raise concerns in appraisal, court told
    Reuters9 days ago

    Tesco whistleblower did not raise concerns in appraisal, court told

    A senior accountant at the centre of a trial of three former Tesco executives did not raise his concerns over a hole in its accounts during his own appraisal, a court heard on Wednesday. Amit Soni, who is described as a whistleblower by the prosecution in the case, was giving evidence for a sixth day at the trial of Christopher Bush, 51, who was managing director of Tesco UK, Carl Rogberg, 50, who was UK finance director, and John Scouler, 49, who was UK food commercial director. The three deny any wrongdoing and have pleaded not guilty to charges of fraud and false accounting relating to Tesco's revelation in September 2014 that its group profit forecast had been overstated by 250 million pounds ($330 million), mainly due to booking commercial deals with suppliers too early.

  • Tesco's UK forecasts changing overnight in 2014, court told
    Reuters11 days ago

    Tesco's UK forecasts changing overnight in 2014, court told

    Tesco (TSCO.L) had become such a complex business by 2014 that internal forecasts for its UK grocery business were changing overnight, a London court heard on Tuesday. Amit Soni, a senior accountant at Tesco, was giving evidence for a fifth day at the trial of three former senior executives at Britain's biggest retailer who are accused of fraud and false accounting in 2014. Christopher Bush, 51, who was managing director of Tesco UK, Carl Rogberg, 50, who was UK finance director, and John Scouler,49, who was UK commercial director for food, all deny any wrongdoing and have pleaded not guilty.

  • Reuters15 days ago

    Tesco's UK boss told "word by word" of hole in accounts, court hears

    The head of Tesco's (TSCO.L) UK business was read out "almost word by word" a report detailing a 250 million pounds hole in the supermarket's accounts in 2014 a week before the stock market was informed, a court heard on Friday. Amit Soni, a senior accountant at Tesco, was giving evidence for a third day at the trial of three former senior executives of Britain's biggest retailer who are accused of fraud and false accounting in 2014. Christopher Bush, 51, who was managing director of Tesco UK, Carl Rogberg, 50, who was UK finance director, and John Scouler,49, who was UK food commercial director, all deny any wrongdoing and have pleaded not guilty.

  • Reuters16 days ago

    Tesco finance team "falling apart" in 2014, court told

    A senior accountant at Tesco said his team was falling apart in 2014 when Britain's biggest retailer ended a tough first half trading period but bosses refused to reduce targets for the second half, a London court heard on Thursday. Amit Soni was giving evidence for a second day at the trial of three former senior Tesco executives who are accused of fraud and false accounting in 2014. Christopher Bush, 51, who was managing director of Tesco UK, Carl Rogberg, 50, who was UK finance director, and John Scouler,49, who was UK food commercial director, all deny any wrongdoing and have pleaded not guilty.

  • Reuters17 days ago

    Tesco whistleblower tells of mounting anxieties over accounts gap

    A senior accountant at Tesco described mounting pressures on managers as the food business under-performed against targets in 2014, telling a London court that his attempts to have the targets revised down had fallen on deaf ears. Amit Soni was giving evidence at the trial of three former senior Tesco executives who are accused of fraud and false accounting in the run-up to a statement by the retail giant in September 2014 that had over-stated its profit forecast by 250 million pounds. Christopher Bush, who was managing director of Tesco UK, Carl Rogberg, who was UK finance director, and John Scouler, who was UK food commercial director, have all pleaded not guilty.

  • Tesco's first dividend since 2014 crisis cements recovery
    Reuters17 days ago

    Tesco's first dividend since 2014 crisis cements recovery

    Britain's biggest retailer Tesco (TSCO.L) said it would pay a dividend for the first time in three years, signalling further progress in its recovery from crisis under Chief Executive Dave Lewis. "Sales are up, profits are up, cash generation continues to strengthen and net debt levels are less than half what they were when we started our turnaround three years ago," Lewis said.

  • Reuters17 days ago

    PRESS DIGEST- British Business - Oct 4

    The following are the top stories on the business pages of British newspapers. The resignations were disclosed on the third day of the trial of Christopher Bush, John Scouler and Carl Rogberg, each of whom is facing one charge of fraud and one of false accounting. -Britvic Plc said it planned to close its Robinsons squash factory, putting 242 jobs under threat, while Unilever Plc, which co-owns the site, said the move could spell the end of its own operations at a location where it employs 113 workers.

  • Reuters18 days ago

    Two Tesco finance staff quit over accounting concerns, court told

    Two members of Tesco's (TSCO.L) financial team resigned in 2014 because they were concerned that their professional integrity was being compromised by what they were being asked to do by their bosses, a court heard on Tuesday. The case follows Tesco's announcement in September 2014 that its profit forecast had been overstated by 250 million pounds ($332 million) -- a disclosure that saw its shares tumble and plunged the company into the worst crisis in its near 100-year history. Christopher Bush, 51, who was managing director of Tesco UK, Carl Rogberg, 50, who was UK finance director, and John Scouler, 49, who was UK food commercial director, all deny charges of fraud and false accounting.

  • Reuters19 days ago

    Broadbent to give evidence in trial of former Tesco executives

    Former Tesco (TSCO.L) chairman Richard Broadbent will be a witness in the trial of three former executives accused of fraud and false accounting at Britain's biggest retailer, a court heard on Monday. In the second day of opening arguments at London's Southwark Crown Court lead prosecutor Sasha Wass told the jury they would hear evidence from Broadbent, who chaired Tesco from 2011 to 2015.

  • Reuters22 days ago

    Former Tesco executives pressured staff 'to cook books', court told

    Three former executives of Britain's biggest retailer Tesco abused their positions of trust to encourage the manipulation of profit figures, lied to auditors and misled the stock market, prosecutors told a London court on Friday. The senior executives were "cooking the books" to support Tesco's share price and secure huge compensation packages, and "bullied and coerced" subordinates into compliance, lead prosecutor Sasha Wass told London's Southwark Crown Court.

  • Reuters22 days ago

    Former Tesco executives pressured staff 'to cook books', court told

    Three former executives of Britain's biggest retailer Tesco abused their positions of trust to encourage the manipulation of profit figures, lied to auditors and misled the stock market, prosecutors told a London court on Friday. The senior executives were "cooking the books" to support Tesco's share price and secure huge compensation packages, and "bullied and coerced" subordinates into compliance, lead prosecutor Sasha Wass told London's Southwark Crown Court.

  • Market Realist22 days ago

    Rising Oilfield Service Stocks: BAS, EXH, TESO, WFT, and KEG

    In this part of our series, we'll analyze the top percentage gainers from the oilfield service sector in the United States this week.

  • Why We’re Throwing Away $29 Billion in Food Each Year
    Fortune26 days ago

    Why We’re Throwing Away $29 Billion in Food Each Year

    A lot of it has to do with labels.

  • Capital Cubelast month

    ETFs with exposure to Tesco Corp. : September 15, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Tesco Corp. Here are 5 ETFs with the largest exposure to TESO-US. Comparing the performance and risk of Tesco Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)

  • Capital Cube2 months ago

    ETFs with exposure to Tesco Corp. : September 1, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Tesco Corp. Here are 5 ETFs with the largest exposure to TESO-US. Comparing the performance and risk of Tesco Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)

  • Tesco Corp. :TESO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 25, 2017
    Capital Cube2 months ago

    Tesco Corp. :TESO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 25, 2017

    Categories: Yahoo FinanceGet free summary analysis Tesco Corp. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Tesco Corp. – Oil States International, Inc., Newpark Resources, Inc., Flotek Industries, Inc., Dril-Quip, Inc., National Oilwell Varco, Inc., Baker Hughes, a GE Company Class A, Frank’s International NV ... Read more (Read more...)

  • Market Realist2 months ago

    Correlation between Nabors Industries and Crude Oil on August 18

    The correlation coefficient between the price of crude oil and Nabors Industries’ (NBR) stock price from August 19, 2016, to August 18, 2017, is 0.64.

  • Market Realist2 months ago

    Short Interest in Nabors Industries on August 18

    Despite crude oil price’s recovery, NBR's stock price has decreased ~19% since June 30, 2017.

  • Market Realist2 months ago

    How Nabors Industries Is Valued Compared to Its Peers

    The expected rise in NBR’s adjusted operating earnings (or EBITDA) in the next 12 months is less extreme than that of its peers.

  • Market Realist2 months ago

    Why Nabors Plans to Acquire Tesco

    On August 14, Nabors Industries (NBR) announced that it plans to acquire its oilfield equipment and services industry peer Tesco (TESO).

  • Oil & Gas Stock Roundup: Andeavor Logistics & Nabors' Acquisitions, BP's Project Start-Up & More
    Zacks2 months ago

    Oil & Gas Stock Roundup: Andeavor Logistics & Nabors' Acquisitions, BP's Project Start-Up & More

    Acquisitions and deals were in focus in a sign that consolidation is picking up in the energy space.

  • Nabors (NBR) Acquires Tesco for $215M in an All-Stock Deal
    Zacks2 months ago

    Nabors (NBR) Acquires Tesco for $215M in an All-Stock Deal

    The acquisition deal is expected to reinforce Nabors (NBR) position as the equipment and drilling services provider and result into synergies of around $30 million.

  • Forbes2 months ago

    Nabors-Tesco Merger A Rare Win-Win In The Consolidating Oil Patch

    Analysts say Tesco's tubular running services business will accelerate the growth of Nabors' drilling solutions unit, which will help it provide a more integrated offering and drive higher sales per rig in a flattening environment.