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Nigeria’s Exchange to list N23.6 billion issues

By Peter OBIORA investadvocate Oct 19 2010 16.02 GMT Lagos (INVESTADVOCATE)-The Council of Nigerian Stock Exchange (NSE) has approved to list shares worth N23.6 billion.   This was contained in a Statement Tuesday 0ctober 19 2010, signed by Sola Oni, Head Corporate Communications of the NSE and made available to […]

Goldman Sachs earns $1.74B, easily tops forecasts

By STEPHEN BERNARD, AP Business Writer NEW YORK – Goldman Sachs Group Inc.’s earnings easily beat analysts’ forecasts again, but the bank saw a big slowdown in trading, its most profitable business.   Net income after paying preferred dividends fell 43 percent from the year-ago period as revenue in the bank’s bond, currency […]

Bank of America posts $7.7B loss on special charge

By PALLAVI GOGOI and STEPHEN BERNARD, AP Business Writers  NEW YORK – Bank of America Corp. said Tuesday it lost $7.65 billion during the third quarter due to a charge related to credit and debit card reform legislation passed over the summer.   The bank also announced a change in its consumer banking strategy […]