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Tuesday, August 20, 2019

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Tag: Shares

Truworths shares hit nine-year low on R1.7bn UK write-down

Retailer cuts value of its UK business by more than a third on Brexit uncertainties and a shift to online shopping. Shares in Truworths International have hit a nine-year low after the...

Spotify revenue beats on higher paid subscriber addition, shares rise

Spotify Technology SA reported a better-than-expected rise in first-quarter revenue on Monday as the music streaming company hit 100 million paid subscribers for its premium service, sending its shares up nearly...

Uber plans to sell around $10 billion worth of stock in IPO

Most of the shares sold would be issued by the company, while a smaller portion would be owned by Uber investors cashing out, one of the sources said. Uber Technologies Inc has...

BMW shares plunge over emissions investigation

BMW shares fell after the luxury carmaker warned of a probable first-quarter charge exceeding 1billion (R15.87bn) related to an EU investigation into alleged collusion by German automakers to delay the rollout...

Aspen shares on the rise after deal news

Aspen Pharmacare's share price continued to rally on the JSE, gaining more than 4 percent yesterday morning as the market welcomed the pending sale of Africa’s largest drug manufacturer’s milk formula...

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Cape Town airport to receive multibillion-rand boost over next five years

ape Town International Airport (CTIA) is set to receive an estimated R7.5-billion capital investment over the next five years. By 2024, CTIA will boast a...

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