01.04.2015 - Tesco reported a loss

Corporation Tesco, which is engaged in drilling services announced about the 2.1 million loss in the 4th quarter of the fiscal year, against $ 5.1 million profit for the same period last year. Negative for the company became fluctuations in the currency market. Another factor that has led to poor results was the fall in oil prices. Given the weakness in the oil market, we do not recommend buying shares of the company in the near future, but in the end of the year, the situation may change and quotations may grow by 10-15% per year.

Tesco Building

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