Culled—Proshare 26/7/2018/Proshare Research Lafarge Africa Plc recently published its Q2 2018 and Half year 2018 results on the floor of the Nigerian Stock Exchange with growth recorded in the Nigerian operations in Q2 reflecting a resilient player in the cement market/sector, while its South African operations continued to show lacklustre […]
Results & Dividends
Facebook stock drops roughly 20%, loses $120 billion in value after warning that revenue growth will take a hit
Facebook earnings include ‘nightmare guidance’ 26/7/2018/MartketWatch By MaxA. Cherney Tech reporter Facebook Inc. is evidently not bulletproof. On Thursday, Facebook FB, -18.96% lost about $120 billion in market capitalization, after its earnings report after the market close on Wednesday missed expectations on revenue and showed slowing user growth. Weak guidance […]
Oando Defies Odds, Declares N8.5 Billion PAT in H1 2018
July 26, 2018/Oando Plc Oando continues to defy skeptics as the company recorded N8.5 billion profit-after-tax (PAT) in its half-year ended June 30, 2018 (H1 2018) results. The impressive result comes in the wake of increase in the price of oil and gas commodities. With each announcement the Company has […]
