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U.K. retailing giant Tesco (OTCPK:TSCDY) plummets 13% in London after it reports disappointing...

Jan. 12, 2012 7:10 AM ETTesco PLC (TSCDY) StockTSCDYBy: Stephen Alpher, SA News Editor
U.K. retailing giant Tesco (OTCPK:TSCDY) plummets 13% in London after it reports disappointing sales surrounding the holiday season. In a note titled "Determined to Move Faster," CEO Philip Clarke speaks of "a challenging economic environment at home," with similar signs beginning to show elsewhere.

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