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ICT

Vodafone hit by weak southern Europe

Feb 09 2012 11:59

Vodafone has missed quarterly revenue forecasts as increasingly tough trading in Spain and Italy overshadowed solid performances in emerging markets and northern Europe.

Mining

Lonmin wary of targets as stoppages bite

Feb 09 2012 11:46

Lonmin could be forced to review its closely watched 2015 output target if safety stoppages and strikes continue to batter the platinum industry, CEO Ian Farmer says.

Industrial

WBHO expecting dip in earnings

Feb 09 2012 11:08

Construction group Wilson Bayly Homes-Ovcon has advised that for the six months ended 31 December 2011 it expects a 7.5% to 12.5% decline in earnings per share.

Mining

Strikes bite into Optimum Coal profit

Feb 09 2012 10:02

Optimum Coal, the takeover target of Glencore, has forecast a better second half after strikes at one of its mines hit output and led to a 45% drop in profit.

 
Mining

Higher iron ore prices lift Kumba

Feb 09 2012 09:09

Kumba Iron Ore has reported a rise in full-year profit, boosted by higher iron ore prices and said it expects export volumes to rise in the current financial year.

Mining

Rio dividend surprise masks aluminium hit

Feb 09 2012 08:41

Rio Tinto has reported a 6% fall in second-half profit, before $9.3bn in writedowns in its aluminium business, but appeased investors with a massive dividend hike.

Retail

Groupon fails to turn profit

Feb 09 2012 07:28

Daily deals site Groupon has issued its first earnings report as a publicly traded company, saying it failed to turn a profit despite revenue nearly tripling from a year earlier.

Inside Fin24.com

 
Travel & Leisure

Acsa to run Brazil's busiest airport

Feb 08 2012 17:51

Airports Company SA says it is pleased at winning the concession - as part of a consortium - to revamp and run the Guarulhos international airport in Sao Paolo.

Financial Services

Clientele expects higher earnings

Feb 08 2012 17:22

Clientele says first half headline earnings per share are likely to be between 16%-21% higher.

 
Financial Services

Deloitte sued by Dutch shareholder group

Feb 08 2012 17:06

A shareholder association is suing Deloitte and 178 partners over its involvement in Dutch retailer Ahold’s multi-billion-euro accounting scandal.

ICT

News Corp makes more hacking settlements

Feb 08 2012 16:13

The British newspaper arm of Rupert Murdoch's News Corp has reached settlements with 15 more prominent people.

Company Snapshot

For detailed Unit Trust information, click here.
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

NicolaaSmith

General purpose financial reports are designed to show the value of a reporting entity The Conceptual Framework for Financial Reporting (2010), paragraph OB7 states: ‘General purpose financial reports are not designed to show the value of a reporting entity.’ A reporting entity´s value can be one o... Read their blog...

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The Sishen saga

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