Glaxo forth-quarter profit falls, missing forecast

2016-02-03 15:55

GlaxoSmithKline, the UK’s biggest drug maker, has posted fourth-quarter earnings that missed analysts’ estimates as sales at its pharmaceutical unit declined.

Investec lifts H1 profit, shares rise

2015-11-19 18:05

ank and asset manager Investec has reported a 13.3% increase in first-half profit, boosted by a strong showing at its lending unit.

Pfizer lifts outlook on higher oncology, vaccine sales

2015-10-27 16:45

Pfizer reported better-than-expected earnings, as strong sales in oncology and vaccines offset a hit from patent expirations.

Kumba axes dividend on 61% first-half profit drop

2015-07-21 09:15

Kumba Iron Ore has cut its interim dividend for the first time since it started trading in 2006 as profit declined 61% after prices plummeted.

How to become a lasting entrepreneur

2015-06-01 06:47

There is nothing wrong with being altruistic, as long as you structure your business so that it still makes a profit, says Dr John Demartini.

Brown: Most parastatal CEOs didn't get bonuses

2015-01-04 20:15

Public Enterprises Minister Lynne Brown says most chief executives of key state-owned enterprises have not received performance bonuses.

Strikes fallout impacts Old Mutual sales

2014-08-07 11:52

Old Mutual says the economic fallout from mining strikes across South Africa would weigh on full-year sales.

Chocolatier estimates 51% growth

2014-07-03 21:00

British chocolate maker Thorntons estimates a 51% growth in full-year pretax profit, saying shares have risen by as much as 8%.

Prevent returns from eating into profits

2014-01-06 12:22

Returns can eat into business profits and a lot of money can be lost through poor route planning and theft during the return process, warns an expert.

Barloworld profits up 27%

2013-11-18 13:23

Barloworld has posted a rise in full-year profit, boosted by the contribution from its newly acquired Bucyrus business and a strong showing at its logistics unit.


Shell profit dips at least 42% as oil slump deepens

2016-01-20 13:16

Royal Dutch Shell, which is buying GP Group is expecting fourth-quarter profit to drop at least 42% after the rout in crude prices deepened.

Gold Fields soars over 20% on SA mine turnaround

2015-11-19 12:56

Gold Fields has reported improved production and lower cash outflows at its troubled South African South Deep mine, sending shares soaring more than 20%.

Good for society or good for the bottom line?

2015-08-24 07:55

If science and public understanding of health is biased by the power of money, the consequences could be dire, says Mandi Smallhorne.

Sustainable fishing could produce more fish

2015-06-10 19:00

Research shows global sustainable fishery policies could raise profits in the sector, boost the number of fish in the oceans and provide more food.

Big-bucks bonus for Porsche-builders

2015-03-26 11:22

Workers at Porsche in Germany are to receive a special once-off payment as a result of higher-than-expected profits. How much....?

McDonald's quarterly profit falls 30%

2014-10-21 16:27

McDonald's has reported a 30% fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States.

Weak rand lifts Royal Bafokeng earnings

2014-08-05 10:01

Royal Bafokeng Platinum says interim headline earnings have risen by a third as weakness in the currency lifted the rand price of platinum group metals.

Shell issues shock profits warning

2014-01-17 14:46

Shell has issued a severe profits warning, blaming exploration costs and disruption to Nigerian output, which sparked a sharp drop in its share price.

Emerging market drinkers help SABMiller

2013-11-21 11:21

SABMiller reported a rise in profits for the first half of its financial year, as strength in Africa helped offset declining beer sales in Europe and North America.

Netcare profits up 25%

2013-11-18 09:40

Netcare has reported a rise in full-year profit, helped by a strong performance in its South African market.

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