Author: InvestAdvocate

FBN Holdings Profit Decline by -8.1% in Q3 2013

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – FBN Holdings Plc Tuesday reported a decline of 8.1 percent (-8.1%) in its profit after tax (PAT) for third quarter (Q3) ended September 30, 2013. From the result released to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate, to record the […]

World indexes finish vintage year, more gains seen in 2014

 Stock closed 2013 by setting record highs and world equity markets ended at six-year peaks on Tuesday, while benchmark bond yields posted their first annual rise since 2009. Ultra-easy monetary policies and an improving economic outlook worldwide led to a stellar year for stocks. Equity strategists see the gains continuing […]