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Tesco Plunges on Poor Sales
It's been a UK success story in recent years but Tesco has just issued its first ever profit warning. The world's third-biggest retailer suffered its ...
January 12, 2012
Tesco Shares Plunge on Profit Warning
The troubles just keep stacking up for Britain's biggest retailer. First this week Tesco reported falling sales of 4 percent. Now it's cut its profit ...
August 29, 2014
More Misery for Tesco After Dodgy Profits ...
Tesco has been plunged into fresh turmoil following the suspension of four UK executives while it investigates a 250 million pound over-statement of p...
September 22, 2014
Poor Home Sales Overshadow Strong Company ...
March new home sales dropped 14.5 percent to 384,000 from 449,000. The blame was placed on bad weather, mortgage rates and low inventory, but apparent...
April 23, 2014
Tesco Chairman Resigns Over $420 Million A...
The chairman of Britain's largest supermarket chain says he plans to resign after an accounting error resulted in a massive profits overstatement.
October 23, 2014
Britney Spears' Vegas Residency Selling Ou...
Britney Spears' Las Vegas residency has been met with its fair share of nasty rumors in a short amount of time. Now the most recent one about poor tic...
September 25, 2013
The New McDonald's Has Kale, Delivery and ...
Along with introducing new mascots, McDonald’s is overhauling its unhealthy, processed food persona in hopes of turning around poor sales numbers.
May 07, 2015
Markets Dive as Manufacturing Falls
The S&P 500 slid more than 2% to its lowest level since October on poor sales from Ford and General Motors while U.S. ISM and Chinese manufacturing da...
February 04, 2014
Scotland's Harris Tweed Is Fashion Favouri...
The Isles of Lewis in Scotland's Outer Hebrides. Home to one of the world's oldest textiles Harris Tweed. But just five years ago the industry was i...
January 03, 2013
August 2014 U.S. Video Game Sales Up Due t...
The new 8th generation video game consoles from Sony and Microsoft are helping spur the gaming industry, which is suffering from poor software sales. ...
September 14, 2014
Undercover Ambush at McDonald's Reveals 3 ...
McDonald's is struggling mightily despite what long lines in its stores and flashy TV ads might indicate. Belus Capital Advisors' Brian Sozzi uncovers...
March 11, 2014
Tesco in Crisis: Supermarket's Profits Plu...
Tesco has announced a 91.9% plunge in pre-tax profits to £112 million for the first half of the year.
October 23, 2014
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