By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigerian equities on Wednesday closed on red amidst blue chip losses as the Nigerian Stock Exchange all-share index (NSE ASI) declined by 0.22 to close at 34,965.88 points, while the market capitalisation decreased by N26.05 billion to close at N11.91trillion. With the loss at […]
Capital Market
Wall St. up as earnings worries recede, oil jumps
Wed Apr 15, 2015/Reuters U.S. stocks rose on Wednesday led by gains in the energy sector as crude prices jumped and as earnings from major companies beat lowered expectations. All 10 major S&P 500 sectors posted gains with the energy index .SPNY up 1.7 percent. U.S. crude CLc1 jumped more […]
Exclusive: Ernst & Young nears $10 million settlement with N.Y. over Lehman accounting – sources
Wed Apr 15, 2015/Reuters Ernst & Young LLP [ERNY.UL] is near settling a high-profile lawsuit filed by New York state that accused the accounting firm of helping Lehman Brothers Holdings Inc [LEHMB.UL] deceive investors in the years leading up to its 2008 collapse, people familiar with the matter told Reuters. […]
