November 22, 2016/Reuters By Yashaswini Swamynathan U.S. stock indexes hit record intraday highs for the second straight day on Tuesday, with the Dow topping 19,000 and the S&P 500 moving past 2,200 as the post-election rally continued. The small-cap Russell 2000 index hit an intraday high for the fourth day […]
Updates
Dangote Sugar Refinery Q3 2016 Results Review – Rising Costs Impeding Growth
Culled—Proshare November 22, 2016/FBNQuest Research Price target cut by 13% to N5.3; 2016/17E EPS ests. cut by 9% Dangote Sugar Refinery’s (DSR) Q3 2016 earnings declined -11% y/y and were behind our estimate by 23%. Although sales grew impressively both on a y/y and q/q basis, higher production and operating […]
UBA CFO, Finance Team Shine at CFO Awards
November 22, 2016/UBA Plc Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition of Nigeria CFO awards, with a notch higher when its Group Chief Finance Officer (Group CFO) and the Finance Team bagged the treble at the […]
