Imperial falls on forecast for profit declines

2016-08-23 13:16

Imperial Holdings has fallen for a third consecutive day after the logistics and automotive firm said operating profit will probably decline in the year through June

Estee Lauder forecast trails estimates as skincare struggles

2016-08-19 14:00

Estee Lauder has forecast full-year profit that trailed analysts’ estimates as restructuring costs and softer sales of skin-care products weigh on earnings.

Standard Bank first-half net profit falls 18%

2016-08-18 10:06

Standard Bank says first-half profit dropped 18% compared with a year earlier, with net income declining to R10.8bn from R13.2bn a year earlier.

Emira achieves solid performance - CEO

2016-08-17 14:27

Emira Property Fund has reported distribution growth of 8.8% per share for its full financial year, meeting its market guidance for 2016, says CEO Geoff Jennett.

AngloGold says dividends may return next year

2016-08-15 18:55

AngloGold Ashanti will consider resuming dividend payments next year after a four-year hiatus.

SHARE WATCH: Mixed bag on share results and movements

2016-08-15 12:54

Overberg Asset Management analyst Kirk Swart looks at South African share results and movements in this week's five shares to watch.

Old Mutual Zim reports steady earnings

2016-08-12 16:16

Old Mutual Zimbabwe has recorded 11% revenue growth to $139.7m with adjusted operating profit flat at $33.1m for the six months to end-June 2016.

J.C. Penny posts $56m loss

2016-08-12 14:55

J.C. Penney has posted a fiscal second-quarter net loss of $56m, a sign that it still has work left to do in a multiyear effort to rebuild its business.

Sabre builds on consistent track record

2016-08-11 17:49

Sabre's second quarter results builds on its growing and consistent track record of solid execution, says CEO Tom Klein.

Is MTN losing control of key markets?

2016-08-05 18:32

Africa's biggest mobile phone operator MTN has lost control of key markets, claimed a shareholder after the group reported its first-ever half-yearly loss.


Shoprite profit rises 17% amid tough retail conditions

2016-08-23 08:22

Shoprite’s full-year profit has risen to 17% due to its focus on giving the lowest prices while also subsidising the prices of basic foodstuffs.

Exxaro first-half profit rises 2% on gains

2016-08-18 09:25

Exxaro Resources has reported a 2% gain in first-half profit due to of an increased contribution from the South African miner’s coal business.

BHP profit tumbles 81% on prices collapse

2016-08-16 10:07

BHP Billiton's reported full-year underlying profit has declined 81% for the worst result since 2001 after raw materials tumbled to a 25-year low in January.

City Lodge expansion on track

2016-08-15 16:14

The City Lodge Hotel Group has begun the development of a Town Lodge hotel in Windhoek and is making progress with developments in Nairobi and Dar es Salaam.

AngloGold profit more than doubles

2016-08-15 08:31

AngloGold Ashanti has said first-half profit more than doubled as a higher gold price boosted revenue and a weaker rand relative to last year lowered costs.

JSE delivers robust performance

2016-08-12 15:50

The JSE has delivered robust performance for the first half of 2016, driven by strong growth from almost all divisions.

Maersk gains as company meets tough market with cost cuts

2016-08-12 10:15

Maersk has reported an 88% drop in second-quarter profit as its oil and container divisions both suffered from falling prices, but earnings came in at $656m.

Weak rand dents Old Mutual interim results

2016-08-11 14:02

Volatility in global markets and persistent stress in the rand saw Old Mutual report a decline in earnings for the six months to end-June 2016.

Hugo Boss rises on signs of recovery

2016-08-05 16:45

Hugo Boss shares have picked up after showing its first signs of a potential turnaround under new boss Mark Langer as second-quarter revenue beat estimates.

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