Tag: Investors

Guinness Nigeria Post-Tax Profit drop by 18.2% in 2012

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Brewing Giant, Guinness Nigeria Plc Monday reported an 18.2 percent (18.2%) drop in its Profit After Tax (PAT) for the Financial Year Ended (FYE) June 30 2012. From the Audited Year End 2012 Result released to the Nigerian Stock Exchange (NSE) in Lagos Nigeria and […]

Investors cash-in on land deals as U.S. housing picks up

From the outskirts of Las Vegas to the coast of California, stretches of undeveloped land in some of the most depressed housing markets in the U.S. are in high demand. Money managers such as BlackRock Inc, hedge fund Angelo Gordon & Co and real estate investment firm Starwood Capital, are […]

Asian shares rise on ECB hopes despite uncertainty

Shares rose on Tuesday as investors held on to hopes the European Central Bank can trim borrowing costs and help restore confidence in the euro bloc, even as officials denied a report about the shape of its planned bond buying strategy. But most other assets — from the euro to […]