Credit Suisse Group AG, Switzerland’s second-biggest bank, posted its biggest quarterly loss since 2008 after settling an investigation by the U.S. Department of Justice for $2.6 billion in May. The bank’s net loss in the second quarter was 700 million Swiss francs ($779 million), compared with a profit of 1.05 […]
Author: InvestAdvocate
International Breweries up Dividend 28%, Offer Investors 32 Kobo
By Yakubu LAAH InvestAdvocateLagos INVESTADVOCATE)-The Ilesha based brewing firm, International Breweries Plc on Monday said it has increased its dividend payout to investors of the company by 28 percent to 32 kobo from 25 kobo paid in 2013 audited year end. From the corporate actions of the beer maker filed […]
Transcorp Reports 177.4 Percent Profit Growth in 2014 Half Year
By Peter OBIORA InvestAdvocateLagos (INVESTADVOCATE)-Nigerian Conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) on Monday said its half year 2014 profit for the year grew 177.4 percent to N688.7 billion from N2.483 billion in the same period of 2013. Similarly, first-half 2014 pretax profit of the conglomerate increased 122 percent to […]