Tue Mar 29, 2016/Reuters By Noel Randewich The S&P 500 lifted into positive territory on Tuesday after Federal Reserve Chair Janet Yellen said the central bank should proceed “cautiously” on raising interest rates – music to Wall Street’s ears. In her first comments since the Fed held steady on rates […]
Tag: InvestAdvocate
Julius Berger 2015 PAT Drops 70.4%, Offers N1.50 per Share Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Construction giant, Julius Berger Nigeria Plc said on Tuesday its profit after tax (PAT) for the period ended December 31, 2015 declined 70.4 percent to N2.44 billion from N8.24 billion recorded a year earlier. Similarly, pretax profit dipped 50.52 percent to N6.50 billion from N13.13 billion posted […]
CCNN Says 2015 Pretax Profit Drops 37.5%, Proposes 10 Kobo per Share Dividend
By InvestAdvocate Lagos (INVESTADVOCATE)-Cement producer, Cement Company of Northern Nigeria (CCNN) on Tuesday said its pretax profit for the period ended December 31, 2015 dropped 37.5 percent to N1.55 billion from N2.48 billion posted a year earlier. In the same vein, profit after tax (PAT) declined 37.4 percent to N1.20 […]
