April 4, 2018/Cordros Report EQUITIES Proceedings in the equities market remained bearish, as the ASI dipped further by 0.26% to 40,749.86 points, as investors continued to book profit. Accordingly, the Month-to-Date loss increased to 1.82%, while the Year-to-Date gain dropped to 6.55%. The Banking (-0.92%), Insurance (-0.63%), and Consumer Goods […]
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SEC Warns of Government Impersonators
April 4, 2018/US SEC The Securities and Exchange Commission today issued an Investor Alert warning investors of fraudsters claiming to be SEC employees in an attempt to trick investors into sending money or revealing sensitive account information. The alert makes clear that the SEC does not contact investors to confirm […]
INTBREW Reports Q4 2017 Results – Neutral to Negative Reaction Expected by The Market
Culled—Proshare April 4, 2018/FBNQuest Research Event: International Breweries reports Q3 2017 (end-Dec) results Implications: Neutral-to-negative reaction expected by the market Positives: Limited Negatives: Pre-tax loss of –N3.5bn Earlier today, the NSE published International Breweries’ Q3 2017 (end-Dec) results. The company officially merged with Pabod Breweries (Pabod) and Intafact Beverages (Intafact) on […]
