19/10/2018/US SEC On October 16, 2018, a judge in federal court in Boston, Massachusetts, sentenced Ross McLellan, a former State Street Corp. executive, to 18 months in prison for his role in a scheme to defraud customers of State Street’s Transition Management line of business. McLellan was found guilty of […]
Investors Bite
9M 2018 Report – Fidelity Bank Announces Closed Period From Oct 19, 2018
October 19, 2018/NSE Please refer to Fidelity Bank’s Insider Trading Policy and be advised that all Insiders (including Directors, Staff and members of The Statutory Audit Committee) and their Connected Persons (including immediate family members and close dependants) are prohibited from Trading (i.e. buying, selling, Transferring or otherwise dealing) in […]
Okomu Oil Palm Plc: Disappointing 9M-18, Q1-18 Performance Now a Pie in the Sky
October 19, 2018/Cordros Report OKOMUOIL released Q3-18 result earlier today, showing revenue dropped 9% y/y to NGN3.74 billion, while post tax profit surged 7.2x y/y to NGN1.3 billion, translating to an EPS NGN1.36 (Q3-17: NGN0.17). Whilst revenue came in short of our expectation, we highlight that the sharp jump in […]
