By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) Wednesday announced it has sealed off 32 offices of New Nation a wonder bank. SEC in a Statement by Yakubu Olaleye, head of media and made available to InvestAdvocate in Lagos Nigeria said in an unprecedented clampdown, the commission […]
Author: InvestAdvocate
Morgan Stanley Reaches $1.25 Billion Mortgage Settlement
Morgan Stanley has agreed to pay $1.25 billion to the Federal Housing Finance Agency to resolve claims that it sold shoddy mortgage securities to Fannie Mae and Freddie Mac. In a securities filing late Tuesday, Morgan Stanley said that it had reached an agreement “in principle” with the agency, which […]
Time Warner Raises Dividend As Q4 Earnings Beat Expectations
The latest earnings report will send analysts back to their spreadsheets: With the spin off of Time Inc planned for mid-year, Time Warner has begun to report separate results for the Turner networks and HBO, which were previously lumped together. But the entertainment giant should have a good day with […]
