Author: InvestAdvocate

Guinness Nigeria Q1 2011 profit dip by 2.7%

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Guinness Nigeria Plc Thursday reported a 2.7 percent (2.7%) dip in Profit After Tax (PAT) in its First Quarter (Q1) Report for the period ended September 30 2011. This was contained in the Result Announcement released at the Floor of the Nigerian Stock Exchange (NSE) […]

Tokyo stock exchange warns Olympus could be delisted

TOKYO (Reuters) – Tokyo’s stock exchange has warned scandal-hit Olympus Corp it will be delisted after 62 years as a publicly traded company if it fails to report earnings by December 14, deepening concerns about the camera-maker’s future. Olympus said it was unlikely to issue results by an earlier November […]

Ex-banker Papademos is new Greek prime minister

ATHENS, Greece (AP) — Senior banker Lucas Papademos was named Thursday as the prime minister of the new Greek interim government, charged with keeping the debt-strapped country out of bankruptcy and firmly in the 17-nation eurozone. After four days of intense political negotiations, the 64-year-old former vice president of the […]