By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Sterling Bank Plc Tuesday said its profit before tax (PBT) climbed 17.28 percent (17.28%) in its first quarter report for the period ended March 31, 2014. The bank said its PBT went up from N3.020 billion in Q1 of 2013 to N3.542 billion in the […]
Author: InvestAdvocate
Novartis Buying Glaxo Cancer Unit for $16B, Selling Animal Health to Eli Lilly for $5.4B
Novartis AG agreed to buy GlaxoSmithKline Plc’s cancer drugs for as much as $16 billion while selling most of the company’s vaccines division to Glaxo for $7.1 billion and its animal-health unit to Eli Lilly & Co. for $5.4 billion. The transactions, as well as a plan to form a […]
UBA Plc Gross Earnings Up 8.16% in Q1 2014
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-United Bank for Africa (UBA) Plc on Tuesday reported its gross earnings climbed 8.16 percent (8.16%) in its first quarter report for the period ended March 31, 2014. UBA Plc also said profit before tax (PBT) fell by 21% as it recorded N13.544 billion in […]
