By InvestAdvocate Lagos (INVESTADVOCATE)- Financial and investment services firm, United Capital Plc said on Friday its pretax profit for the period ended December 31, 2015 grew 41.3 percent to N3.62 billion from N2.31 billion declared a year ago. Similarly, profit after tax (PAT) of the company increased 39.2 percent to […]
Tag: Share
Herbalife Plans Offering of Notes to Fund Share Repurchases
Herbalife Ltd. (HLF), the vitamin maker accused by hedge fund manager Bill Ackman of being a pyramid scheme, said it will offer $1 billion in convertible senior notes and use some of the money to repurchase common shares. The initial buyers of the notes, due in 2019, will be Bank […]
Wall Street falls on first trading day of 2014; techs weigh
U.S. stocks fell on their first day of trading in 2014 as investors booked profits in the wake of the S&P 500’s best yearly advance since 1997. Shares of Apple Inc (AAPL.O) fell 1.3 percent to $555.59, leading a decline in technology stocks, after Wells Fargo cut its rating on […]
