Culled—Proshare March 16, 2018/CardinalStone Research Following the release of TOTAL’s FY’17 results, we have reviewed our projections and revised our target price downwards to N232.17. Our target price implies a downside potential of 5.6% to the current market price. Thus, we downgrade our rating to a SELL. Lubricant business buoys […]
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SEC Charges U.K. Brokerage Firm, Investment Manager, CEO, and Others for Manipulative Trading in U.S. Microcap Stocks
March 16, 2018/US SEC Litigation Release No. 24067 / March 16, 2018 Securities and Exchange Commission v. Beaufort Securities Ltd. and Panayiotis Kyriacou a/k/a Peter Kyriacou, No. 18-cv-01317 (Eastern District of New York, Complaint filed March 2, 2018) Securities and Exchange Commission v. Dennis J. Mancino, William T. Hirschy, DJK […]
NSE Declines -0.59% in Last Trading Sessio, Week-to-Date Down -2.85%
March 16, 2018/InvestmentOne Update The Nigerian equities market ended the last trading session of the week in the red, losing 0.59%, WTD down by 2.85%. Market breadth index was negative with 16 gainers against 37 decliners. CUTIX (+4.67%) was the best performing stock while FIDELITYBK (-9.41%) had the worst performance. […]
