Tag: stock
The Week Ahead: Another busy week on the corporate earnings calendar
Locally, we expect releases from:
• Dis-Chem Pharmacies (Interim Results) – Headline earnings per share (HEPS) are expected to improve between 43.1% to 45.4% y/y. Excluding once-off acquisition impacts, HEPS are guided...
How the stock market went viral
Stockholm - "Stocks only go up", concludes a video montage of televangelists, dancing Ghanaian pallbearers, and Donald Trump's personal pastor repeatedly saying she can hear the "sound of victory".
The tongue-in-cheek meme,...
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...
Steinhoff finally faces angry investors after 95% stock plunge
When Steinhoff International Holdings NV held its annual general meeting a year ago, the company had a market value of about 20 billion euros ($25 billion). Now it’s less than 1 billion euros.
...
Meet SA’s newest stock exchange
South Africa’s newest stock exchange A2X Markets made its debut on Friday with three secondary listings and four of the industry’s leading brokers on board.
Financial services companies, African Rainbow...
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South Africa can become a global hub for making batteries for...
For the country to become a player in the alternative powered vehicle market, it needed to provide clarity on its battery manufacturing plans and...