Contracts to purchase previously owned U.S. homes fell for the second straight month in July, a sign that rising mortgage rates are taking the steam out of America’s housing market recovery. The National Association of Realtors said on Wednesday its Pending Homes Sales Index, based on contracts signed last month, […]
Author: InvestAdvocate
Dangote Flour Posts N2.29 billion Loss in Half Year 2013
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Dangote Flour Mills Plc (DANGFLOUR) Wednesday posted a N2.299 billion loss in its half year report for the period ended June 30 2013. To record the loss, profit after tax (PAT) of the company went from a negative of N464.352 million in the half year […]
GTBank Up Post Tax Profit by 9.06%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Guaranty Trust Bank Plc (GTBank) has increased its profit after tax (PAT) by 9.06 percent (9.06%) in its half year 2013 financial report. To record the 9.0% PAT, GTBank recorded N44.943 billion in the half year of 2012 compared to N49.105 billion recorded in the […]
