If you’re Michael Dell, you contend you’re doing shareholders of your company a favor. If you’re an investor in Dell (DELL), you may well feel like you’re getting low-balled. Dell’s largest outside investor, Memphis-based Southeastern Asset Management, agrees with the latter position, saying it won’t support the $13.65-a-share management-led buyout […]
Author: InvestAdvocate
Guinness Nigeria Posts Lower Q2 Profit
By Our Correspondent Lagos (INVESTADVOCATE)-Guinness Nigeria Plc Monday says its Half Year (Q2) 2012 Profit After Tax (PAT) fell 15.73 percent (15.73%). This is contained in the Unaudited Half Year Results of the Brewing Firm to the Nigerian Stock Exchange (NSE) and made available to www.investadvocateng.com in Lagos Nigeria. To […]
Nigeria naira eases on dollar demand, liquidity
The Nigerian naira eased against the U.S. dollar on the interbank market on Monday, reflecting strong demand for the greenback from importers, traders said. The naira closed at 157.40 to the dollar, weaker than Friday’s close of 157.30 naira. At a foreign exchange auction on Monday, the central bank […]
