May 16, 2018/InvestmentOne Report The Nigerian equities market closed up today as NSE-ASI gained 0.93%. However, market breadth index was negative with 15 gainers against 30 stocks that declined. CUTIX (+5.00%) led the gainersâ chart while SKYEBANK (-9.41%) was the worst performing stock today. DIAMONDBNK(-9.15%) was the most actively traded […]
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Forte Oil Plc – Decent Q1’18 Numbers, AGM To Decide On Plans to Divest Subsidiaries
Culled—Proshare May 16, 2018/Vetiva Research Highlights of Vetiva Analyst Report Decent Q1’18 numbers buoyed by Power earnings Selling all subsidiaries, retaining flagship fuel retailing business Power business divestment comes as surprise Targets 6-9 months to complete the proposed restructuring Total deregulation of downstream sector very key post-divestment Mixed earnings trajectory, […]
SEC Charges California Investment Adviser in Multi-Million Dollar Fraud
May 16, 2018/US SEC The Securities and Exchange Commission today announced that investment adviser William Jordan of Orange County, California, has settled charges for perpetrating a multi-million dollar fraud on his clients. The SEC’s complaint alleges that, from 2011 until 2016, as he raised more than $71 million from approximately […]
