Tag: Shares
The Week Ahead: Earnings releases around the world gain momentum
In SA, the following companies are expected to report next week:
Vodacom (3Q23 Earnings Update) – At the half-year point, the group reported a...
Tiger Brands shares take hit on ‘bleak future’
Tiger Brands slid nearly 6 percent on the JSE yesterday after it slammed the brakes on dividend payments because of what it said would...
Truworths shares hit nine-year low on R1.7bn UK write-down
Retailer cuts value of its UK business by more than a third on Brexit uncertainties and a shift to online shopping.
Shares in Truworths International...
Spotify revenue beats on higher paid subscriber addition, shares rise
Spotify Technology SA reported a better-than-expected rise in first-quarter revenue on Monday as the music streaming company hit 100 million paid subscribers for its...
Uber plans to sell around $10 billion worth of stock in IPO
Most of the shares sold would be issued by the company, while a smaller portion would be owned by Uber investors cashing out, one...
BMW shares plunge over emissions investigation
BMW shares fell after the luxury carmaker warned of a probable first-quarter charge exceeding 1billion (R15.87bn) related to an EU investigation into alleged collusion...
Aspen shares on the rise after deal news
Aspen Pharmacare's share price continued to rally on the JSE, gaining more than 4 percent yesterday morning as the market welcomed the pending sale...
SA’s biggest medicine company is in meltdown
The company has lost more than a third of its value, or nearly R100 per share, since it released its results.
Aspen Pharmacare’s shares slid...
Dischem profit up as market share increases
JOHANNESBURG - South African pharmacy group Dis-Chem’s half-year profit on a per share basis rose 10.5% as it lifted its market share across all divisions.
...
Alexander Forbes fires CEO over a ‘loss of confidence and trust’
Alexander Forbes announced on Tuesday morning that it had terminated the services of CEO Andrew Darfoor.
In a notice to shareholders, the financial services...