July 3, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed the second trading session of the week negative as benchmark index lost 0.90 percent to close at 37,605.12 points, driven by sell-offs across sectors. InvestmentOne reports that market breadth index was negative with 13 gainers compared to […]
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Intraday Update: Stocks Decline -0.18% on Sell-Offs in Banking, Oil & Gas Sectors
July 3, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) benchmark index as at midday Tuesday has declined by -0.18 percent and driven by sell-offs in the Banking and Oil & Gas indices. InvestmentOne reports that current market movers include leasing firm, C & I Leasing Plc and beverage […]
SEC Charges KBR for Inflating Key Performance Metric
July 2, 2018/US SEC The Securities and Exchange Commission today charged global engineering and construction company KBR Inc. for inflating a key performance metric known as work in backlog. KBR agreed to pay a $2.5 million penalty to settle the SEC’s charges. According to the Commission’s order, KBR’s public disclosures […]
