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    Tesoro Posts Unexpected Loss

    Investing News Network
    Jan. 05, 2012 05:45PM PST
    Resource Investing

    Bloomberg reported that Tesoro Corp. (NYSE:TSO) has lost 55 cents to 80 cents a share in the fourth quarter.

    Bloomberg reported that Tesoro Corp. (NYSE:TSO) has lost 55 cents to 80 cents a share in the fourth quarter.

    As quoted in the market news:

    The company had $112 million of hedging gains in the third quarter, Chief Financial Officer Scott Spendlove said in a Nov. 3 earnings call with analysts.

    Click here to read the full Bloomberg report.

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