BAT hunts M&A as western Europe buoys first-half earnings

2016-07-28 19:46

British American Tobacco has said it’s on the hunt for acquisitions as it reported earnings near analysts’ estimates, helped by increased sales in France and Romania.

Impala Platinum shares poised to fall, indicators show

2016-07-28 15:20

Shares in Impala Platinum Holdings,may be poised to drop in trading, technical indicators used by some analysts show.

Anglo American profit drops 23% on commodity rout

2016-07-28 09:15

Anglo American, which is seeking to turnaround its business to withstand a collapse in commodity prices, said first-half profit dropped 23%. Its net debt declined to $11.7bn.

Glaxo's earnings beat analysts' estimates

2016-07-27 15:37

GlaxoSmithKline has reported second-quarter earnings that beat analysts’ estimates and raised its forecast for the year as sales of new products doubled.

McDonald's sales growth misses estimates

2016-07-26 21:00

McDonald’s has reported same-store sales growth that missed analysts’ estimates as the US fast-food industry suffers a slowdown.

Amplats sees limited platinum-supply growth as profits dive

2016-07-25 10:30

Anglo American Platinum says growth in supplies of the metal will be limited this year as capital spending is constrained amid low prices.

AngloGold profit picks up on higher bullion, weaker currencies

2016-07-22 11:45

AngloGold Ashanti has returned to profit in the first half as it benefited from higher bullion prices and weaker currencies in the countries it operates in.

SABMiller first-quarter sales gain as it awaits takeover

2016-07-21 09:11

SABMiller has reported higher first-quarter sales as the brewer enters the final stretch before being bought by Anheuser-Busch InBev in the industry’s biggest deal.

Zim pressing for more disclosure by listed firms

2016-07-20 15:39

Zimbabwe is pressing for more transparency by listed companies and will start requiring more detailed and lengthy financial statements, executives say.

Anglo American cuts full-year copper target

2016-07-20 09:24

Anglo American has cut its full-year copper-production target after bad weather hit its operations in Chile.


Dangote cement signals slows expansion plans

2016-07-28 15:25

Dangote Cement has signalled it may ease the pace of adding new capacity amid foreign exchange constraints in its home market of Nigeria, has reported a decline in first-half profit.

Shell profit drops on lower oil, weaker refining margins

2016-07-28 15:00

Shell's second-quarter profit has plunged, missing analyst estimates by more than $1bn, as lower energy prices, weaker refining margins and production halts weighed in.

Puma earnings beat estimates on soccer, women's shoes

2016-07-27 20:30

Puma has reported second-quarter profit that topped estimates as the German sneaker maker got a lift from Europe’s soccer championships and a focus on the women’s market.

Hyundai heavy posts biggest profit in 3 years

2016-07-27 10:30

Hyundai has reported its biggest quarterly profit in three years as the shipbuilder cut costs under its restructuring efforts.

Ryanair clings to profit target as it navigates Brexit

2016-07-25 18:47

Ryanair has surprised investors by reiterating its fiscal 2017 profit forecast, while warning that targets may come under pressure due to the Brexit decision.

GE tops profit estimates, overcoming sluggish global economy

2016-07-22 14:37

General Electric has reported second-quarter profit that beat estimates as the industrial giant shed finance operations and refocused around equipment manufacturing.

Weak Swiss franc boosts Lindt first-half earnings

2016-07-22 10:16

Lindt & Spruengli has reported higher first-half earnings as the Swiss franc weakened for the first time in years, boosting the value of sales from abroad.

Unilever second-quarter sales growth beats estimates

2016-07-21 09:04

Unilever has reported second-quarter sales growth that slightly beat estimates as it delivered gains in sales of deodorants and hair care products.

Shoprite jumps most since 2008

2016-07-20 12:46

Shoprite Holdings has risen the most in almost eight years after the retailer said growth in full-year sales accelerated, led by gains at stores outside its home market.

Goldman profit rises 74% as bond trading beats estimates

2016-07-19 15:22

Goldman Sachs Group has posted a 74% increase in second-quarter profit as litigation and compensation costs fell and fixed-income revenue surpassed analysts’ estimates.

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