Investors Bite

Apple Just Hit a $1 Trillion Market Cap

  The stock rose nearly 3 percent, briefly hitting a session high of $207.05 in midday trading before falling back below $207. Amazon had also been fast approaching the threshold. August 2, 2018/CNBC Sara Salinas hit a $1 trillion market cap on Thursday, making the iPhone maker the first publicly […]

Nigerian Stocks Up +0.21% on Banking Sector Gains, As Notore List Shares

August 2, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday closed the trading session in the green, gaining 0.21 percent to to 36,688.91 points, and driven by gains in the Banking sector, as  agro-allied and fertiliser firm,  Notore Chemical Industries Plc list by introduction on the domestic bourse. […]

Nigerian Breweries H1 2018 Results: PBT Performance Continues To Reflect The Challenging Operating Environment.

August 2, 2018/InvestmentOne Report Mixed topline performance: up 8.11% q/q, down 0.03% y/y. ·         Contracted gross profit margin: down 339bps q/q, 300bps y/y. ·         Higher opex/sales ratio: up 232bps q/q, up 230bps y/y. ·         Declining Profit before tax: down 19.34% q/q, down 33.18% y/y.  Nigerian Breweries Plc’s published Q2 2018 […]