Investors Bite

SEC Charges Walgreens and Two Former Executives With Misleading Investors About Forecasted Earnings Goal

September 28, 2018/US SEC The Securities and Exchange Commission today charged Walgreens Boots Alliance Inc., former CEO Gregory Wasson, and former CFO Wade Miquelon with misleading investors about increased risk that the company would miss a key financial goal announced when Walgreen Co. entered into a merger with Alliance Boots […]

Intraday Update: Nigerian Stocks Down -0.08% on Selloffs in Industrial, Consumer Goods Counters

September 28, 2018/InvestmentOne Update ASI as at 12.00pm: -0.08%.  Market movers: GUINNESS (-9.92%), SOVRENINS (-8.00%), UBN (+6.86%), SUNUASSUR (+5.00%). Sector Performances: Industrial (-0.26%), Consumer Goods (-0.21%), Banking (+0.05%) and Oil & Gas. Market activity: In today’s early trade, total volume and value increased by 109% and 4% respectively compared to this […]

FGN September Bond Auction Oversubscribed to N158.00 Billion-DMO

27/9/2018/DMO The FGN Bond Auction for September 2018, which was conducted by the Debt Management Office (DMO) on Wednesday, September 26, 2018 was oversubscribed, as was the case for the August 2018 Auction.  Total subscriptions received from bidders for three Bonds offered: 5-year, 7-year and 10-year was in excess of […]