Steers, Wimpy owner warns of 'intense' price war

2020-03-12 13:33

The company's share price hit levels last seen in 2012.

Growthpoint reports 11% jump in office vacancies

2020-03-11 13:01

SA's largest listed property company Growthpoint reported increased vacancies across the South African sector, most notably office vacancies jumped 11.5%.

MTN CEO to step down

2020-03-11 07:32

The company reported 9.7% growth in its revenue for the past year.

AngloGold half-year earnings more than double, annual dividend up 74%

2020-02-21 12:42

The mining company reported zero fatalities in 2019 – a first in its history.

Blue Label expects earnings hike after Cell C writedown

2020-01-23 15:25

Blue Label Telecoms expects its earnings for the six months ended 30 November 2019 to increase by at least 20%, it said in a shareholder notice on Thursday afternoon.

Caterpillar just flashed the latest warning sign for the global economy

2019-10-23 16:27

The construction equipment titan — a bellwether for global industry — posted a 6% drop in sales and an 8% drop in profit per share.

Afrimat expects a near doubling of profits

2019-10-01 08:20

Afrimat's SENS report said earnings per share for the period ended 31 August 2019 is expected to be between 182.0 cents and 186.8 cents per share, being an increase of between 91% and 96% compared to the earnings of 95,3 cents per share.

UBS slammed a Financial Times journalist for 'embarrassing reporting' and 'agenda journalism' after a minor mistake

2019-07-23 17:49

The Swiss bank, which posted lower wealth-management and investment-banking profits, tweeted the attack to its 426,000 Twitter followers.

These 9 charts from Apple's most recent quarter show the tricky situation it's in as it moves away from the iPhone and towards services

2019-05-01 09:49

Apple is in the middle of a major shift from its long reliance on iPhone sales. These charts show how it's going.

Here's what 10 of the JSE's top 40 CEOs earned in 2018

2019-01-08 09:55

It's no secret that CEOs of some of the biggest companies listed on the local stock exchange are millionaires, some of which are lucky to be earning their salaries in dollars and even in pounds.

 

Exxaro grows profit by 13%, despite Medupi hit and lower export coal prices

2020-03-12 09:31

Exxaro was hit by lower demand from Eskom's Medupi power station after a conveyor belt broke.

Absa grows profit by 3%, loans increased by 9%

2020-03-11 08:53

Its dividend is up only 1%.

Exxaro expects jump in earnings despite lower coal export prices

2020-03-05 18:24

Mining company Exxaro expects its headline earnings to improve between 5% and 19%, however ebitda is projected to decline on lower export prices for coal.

Anglo American expects earnings to more than double

2020-01-28 13:42

Platinum miner Anglo American expects headline earnings to be between R17.5bn and R19.1bn for the 12 months ended December 31, 2019.

Apple CEO's pay dropped about $10m in 2019 on lower bonus

2020-01-04 11:50

Apple Chief Executive Officer Tim Cook made $125m (about R1.8bn) in the company's 2019 fiscal year, less than the year before due in part to a lower bonus.

Netflix has focused on India as a key area for growth. Exclusive data tells the story of its progress.

2019-10-09 15:28

Netflix trails Hotstar and Amazon Prime Video in India, mobile usage data by SimilarWeb suggests. But early signs show a mobile-only plan could help.

After years of losses, the owner of Burger King in SA may finally turn a profit

2019-09-11 21:23

Grand Parade Investments, which owns Grand West casino in Cape Town as well, has been under pressure for some time.

JSE blames economic environment for expected 25% drop in earnings per share

2019-06-24 19:01

The Johannesburg Stock Exchange blamed a unfavourable economic environment for headline earnings per share were expected to register at be between 490.95 cents and 425.49 cents for the six months ended in June, that the exchange announced on Monday.

Tesla just reported an abysmal quarter with Model S and Model X sales falling off a cliff

2019-04-25 10:36

Sales of the company's more expensive cars have slowed with the launch of the Model 3.

Sibanye counts hit to earnings as strike at gold mines drags on

2019-01-07 18:28

Sibanye Gold said a protracted strike at its South African gold mines may hurt earnings at a time when the producer remains under pressure to reduce debt.

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