World’s largest McDonald’s franchisee Arcos Dorados jumps 25 percent in Wall Street debut Christina Rexrode, AP Business Writer NEW YORK (AP) — Shares of Arcos Dorados Holdings Inc. jumped 25 percent Thursday, the first day as a public company for the world’s largest McDonald’s franchisee. The shares priced at $17 […]

By investadvocate Lagos (INVESTADVOCATE)-Total Nigeria Plc (Total) operating in the Petroleum Marketing Sector of the Nigerian Stock Exchange (NSE) has cut its proposed dividend recommendation to investors of the Company for the year 2010 Financial Year End (FYE) by 48.63 percent (-48.63%); when it recommended N6.00. This was contained in […]

By Abdulwahab Abdulah A Federal High Court sitting in Ikeja, has stalled the planned acquisition of the Union Bank of Nigeria Plc by a proposed core investor, Messrs African Capital Alliance Consortium, the proposed core investor. The court restrained the consortium from proceeding with the transaction. In an interim injunction granted […]