The management of Nigerian Breweries Plc has explained the reasons behind its inability to increase its dividend policy for shareholders for the financial year ended December 31, 2012. It said a major part of its profit was ploughed back into the business, owing to its recent acquisition of major breweries […]
Author: InvestAdvocate
South Africa: Facing the Challenges of the Global Economy
David Lipton, First Deputy Managing Director International Monetary Fund South African Institute of International Affairs, Pretoria May 8, 2013 I would like to thank the Institute for its invitation. I am honored to speak today before an organization so involved in South Africa’s emergence onto the world stage. South […]
AOL Shares Fall After Missing Profit Estimates
AOL Profit, Sales Miss on 9% Subscription Declines AOL Inc. (AOL), the digital publisher that owns the Huffington Post and TechCrunch, fell the most in five months after reporting first-quarter profit that missed estimates. The shares slid 8.9 percent to $37.74 at the close in New York, the biggest one-day […]
