Author: InvestAdvocate

Unilever Nigeria Q2 Post Tax Profit Down 46.6 Percent

By InvestAdvocateLagos (INVESTADVOCATE)-Soap maker, Unilever Nigeria Plc said on Friday that its post tax profit went down 46.6 percent to N1.464 billion in the second quarter (Q2) of 2014 from N2.740 billion reported in the same period of 2013. In the same vein pretax profit declined 47.6 percent to N2.077 […]

UBA Capital Profit up 23.5 Percent in Q2

By Yakubu LAAH InvestAdvocateLagos (INVESTADVOCATE)-UBA Capital Plc on Friday said its profit for the period climbed up 23.5 percent to N1.245 billion in the second quarter (Q2) of 2014 from N1.008 billion in the same period of 2013 according to its filing to the Nigerian Stock exchange (NSE). Profit before […]

GE Retail Credit Arm Synchrony to Seek Up to $3.3 Billion in IPO

Synchrony (SYF) Financial, the consumer credit business being spun off by General Electric Co. (GE), is seeking to raise as much as $3.25 billion in its U.S. initial public offering, according to a regulatory filing today. Synchrony, whose products include store credit cards for retailers such as Wal-Mart Stores Inc. […]