Culled—Proshare March 20, 2018/FBNQuest Research 8-10% cut to our 2018-19E EPS and price target Stanbic IBTC Holdings’ (Stanbic) Q4 2017 PBT missed our forecast by 22% largely due to negative surprises on provisions and opex. Consequently, we have cut our 2018-19E PBT forecasts by around 8% on average and our […]
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Facebook’s value plunges $37 billion on data controversy
March 20, 2018/CNNMoney by Chris Isidore @CNNMoney Facebook shares took a big hit Monday, shaving about $37 billion off the value of the company. The stock tumbled about 7% Monday on news that data firm Cambridge Analytica, which had ties to Trump’s campaign, reportedly accessed information from about 50 […]
GSK Nigeria to pay N8.97b special dividend to shareholders
March 20, 2018/The Nation Taofik Salako GlaxoSmithKline Consumer Nigeria (GSK) Plc will distribute a total of N8.97 billion as dividend to shareholders for the 2017 business year. The board of directors of GSK yesterday indicated that it has approved the payment of N8.49 billion as special dividend and N478.4 million […]
