Capital Market

IBM ditches 2015 operating EPS target, shares slump

International Business Machines Corp (IBM.N) said it no longer expected to achieve its 2015 operating earnings target of at least $20 per share after weak client spending resulted in an unexpected fall in quarterly earnings and revenue. IBM’s shares fell more than 9 percent in premarket trading. The world’s largest […]

CIS to collaborate with NBA, ICAN for growth

The Chartered Institute of Stockbrokers has hinted that it is working on a Memorandum of Understanding with the Nigerian Bar Association and the Institute of Chartered Accountants of Nigeria to encourage professionalism in the capital market. A statement from the institute on Sunday said its leadership gave the hint in […]

NSE Partners CBI to Unveil Corporate Governance Rating Nov’3

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) is partnering the Convention for Business Integrity (CBI) to launch the foremost Corporate Governance Rating System (CGRS) in Nigeria on November 3, 2014, a statement from the bourse said. The NSE says the launch will present the details on the […]