Four profit warnings in the space of six months, an accounting scandal, a drop of almost 50% in the share price and a dividend slashed by 75%: 2014 was not the best of years for Tesco.
http://www.whatinvestment.co.uk/financial-news/shares-and-trading/2480612/can-tesco-turn-it-around.thtml
Showing posts with label TESCO (TSCO). Show all posts
Showing posts with label TESCO (TSCO). Show all posts
Monday, March 9, 2015
Friday, March 6, 2015
Warren Buffett likens investing in Tesco to living with cockroaches
In his annual letter for his Berkshire Hathaway shareholders, released Saturday, Buffett revealed that he lost £288 million ($444 million) in the embattled British supermarket and he is "embarrassed" by taking too much time in exiting the beleaguered stock.
Read more: http://www.businessinsider.com/warren-buffett-annual-letter-on-tesco-and-losses-cockroach-2015-3#ixzz3TckPSW98
Read more: http://www.businessinsider.com/warren-buffett-annual-letter-on-tesco-and-losses-cockroach-2015-3#ixzz3TckPSW98
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