 The U.S. Department of Justice has stepped up a probe in recent weeks into Bear Stearns & Co’s mortgage dealings in the run-up to the financial crisis, according to two sources familiar with the situation, raising the possibility that JPMorgan Chase & Co may face yet another case over […]
Author: InvestAdvocate
Russia’s Megafon to buy 4G provider Scartel for $1.2 billion
Megafon (MFON.MM) (MFONq.L), Russia’s second-biggest mobile phone operator, is to buy next-generation service provider Scartel for $1.2 billion to extend its lead in the race to provide high-speed internet. The deal unites assets belonging to Russia’s richest man Alisher Usmanov, and boosts Megafon’s position against rivals MTS (MBT.N) and Vimpelcom […]
Financial Services Sector Boost Activities to Close for Holidays
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Financial Services sector boosted activities at the Nigerian Stock Exchange (NSE) to Close ahead of the Eid-el-Fitri Holidays after a three-day (3) trading week. Reports from the NSE said measured by volume, the sector led the activity chart with a turnover of 856.026 […]
