Author Archives: Editor - Stock Markets News

African Minerals first-half core earnings fall

Sept 30 (Reuters) – Iron ore miner African Minerals Ltd reported a 97 percent fall in core earnings for thefirst half as operating costs soared. Earnings before interest, taxes, depreciation andamortisation fell to $2.7 million for the six months ended … Continue reading

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African Minerals first-half core earnings fall

Sept 30 (Reuters) – Iron ore miner African Minerals Ltd reported a 97 percent fall in core earnings for thefirst half as operating costs soared. Earnings before interest, taxes, depreciation andamortisation fell to $2.7 million for the six months ended … Continue reading

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Orascom Telecom shares rise 4 percent after trading resumes

CAIRO (Reuters) – Shares in Orascom Telecom Media and Technology Holding rose more than four percent after trading in the stock resumed at midday on Tuesday following a statement from the firm saying it had not taken any decision regarding … Continue reading

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Orascom Telecom shares rise 4 percent after trading resumes

CAIRO (Reuters) – Shares in Orascom Telecom Media and Technology Holding rose more than four percent after trading in the stock resumed at midday on Tuesday following a statement from the firm saying it had not taken any decision regarding … Continue reading

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Sensex rises for fourth straight quarter; earnings key

By Abhishek Vishnoi MUMBAI (Reuters) – The BSE Sensex and Nifty edged higher on Tuesday, marking their fourth consecutive quarterly gain as blue chips rose on hopes upcoming earnings and auto sales will show the economy remains on the mend, … Continue reading

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Sensex rises for fourth straight quarter; earnings key

By Abhishek Vishnoi MUMBAI (Reuters) – The BSE Sensex and Nifty edged higher on Tuesday, marking their fourth consecutive quarterly gain as blue chips rose on hopes upcoming earnings and auto sales will show the economy remains on the mend, … Continue reading

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Walgreen reports 4Q loss

Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance-Boots acquisition, but the drugstore chain’s beleaguered stock climbed after it posted results that met Wall Street expectations. Walgreen Co. said … Continue reading

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Walgreen reports 4Q loss

Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance-Boots acquisition, but the drugstore chain’s beleaguered stock climbed after it posted results that met Wall Street expectations. Walgreen Co. said … Continue reading

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Ashmore appoints Sfakianakis regional director for GCC

DUBAI (Reuters) – London-based fund manager Ashmore Group Plc has hired prominent investment strategist John Sfakianakis to establish its first Middle East office in Riyadh, months before Saudi Arabia opens its stock market to direct foreign investment. Sfakianakis was appointed … Continue reading

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Stocks fall, bonds rise on Hong Kong unrest

By Herbert Lash NEW YORK (Reuters) – Global equity markets fell on Monday as civil unrest in Hong Kong weighed on investor sentiment, while U.S. Treasury debt prices rose over uncertainty sparked by the protests. Stocks on Wall Street opened … Continue reading

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