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Kennedy Uzoka UBA GMD

UBA Reports 2019 Third Quarter Earnings of N428.22 Billion

United Bank for Africa Plc on Tuesday posted profit and record revenue that exceeded expectations on the strength of consumer banking operations. The Pan African...

Microsoft cloud products pushes earnings higher

U.S. software and online service leader Microsoft Thursday reported third-quarter earnings in fiscal year 2018 hitting 26.8 billion U.S. dollars, a robust growth beyond...
stock market

U.S. stocks close higher amid earnings, data

U.S. stocks closed higher for the week amid earnings reports and treasury secretary's remarks. For the week, all three major indices posted...
Global stock markets continued to rally as tensions in Ukraine eased.

U.S. stocks end mixed amid earnings reports

U.S. stocks finished mixed Wednesday, with the Nasdaq Composite Index eclipsing previous day's closing record, as investors digested a slew of corporate earnings...
High-speed trading is where traders create complicated algorithms to buy and sell stocks in milliseconds

U.S. stocks end higher amid data, earnings

U.S. stocks rallied Tuesday, with the Nasdaq Composite Index eking out a new closing record, as investors digested a batch of economic data and...

Samsung sees earnings surprise amid lingering uncertainty over heirs fate

Samsung Electronics weathered its Galaxy Note 7 fiasco, from the financial perspective, thanks to earnings surprise in the semiconductor business, but uncertainty remained about...

Alibaba sales and earnings buck the economic trend

Alibaba Group Holding Ltd's Tmall Global and Xianyu Auction platforms put three bottles of fresh air collected from New Zealand on auction in Hangzhou,...

Zambia misses chance to maximize earnings after maize export ban

Zambia has banned the export of maize to neighboring countries to avoid undermining local food security following a shortage of the commodity in the...

Non-Traditional Exports Earnings for 2015 Up At $2.522 billion

Mr James Tiigah, the Chief Executive Officer of Ghana Exports Promotion Authority (GEPA), told participants at the launch of the 2015 NTEs Performance Results...

H1 2016: Gold Fields Anticipates An Increase In Earnings

Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) has said that earnings per share (EPS) for the six months ended 30 June 2016 (H1...

Q2 2016 Earnings Of Asanko Gold Out

Asanko Gold Inc. (TSX:AKG)(NYSE MKT:AKG) will release its second-quarter 2016 production results before the North American market opens on Wednesday, July 20, 2016. Management...

Angry Birds Sits Comfortably on top Chinese Box Office

Disney's "Captain America: Civil War" dropped to second place after two weeks of leading the box office. The superhero blockbuster has raked in 1.159...

Austria’s OMV reports huge first quarter profits and revenue drops

The company said its revenues dropped 31 percent to 3.99 billion euros (4.56 billion U.S. dollars), while its earnings before interest and taxes fell...

Ghana Rubber Farmers Stage Protest Against GREL’s Low Prices

More than 1000 rubber farmers in the Western and Central regions have protested against the Ghana Rubber Estates Limited (GREL) over what they term...

Rwanda falls on horticulture sector to shoot up export earnings

Rwanda looks to horticulture sector to spur export earnings Agriculture state minister Tony Nsanganira (left) and a guest listen to Christine Murebwayire, the...

Nasdaq doubles up on data and earnings

U.S. stocks ended mixed on Friday, with the Nasdaq Composite Index refreshing its record intraday and closing highs, as investors were meditating on generally...

GEPA targeting $2.6 billion in NTEs earnings for 2015

The Ghana Export Promotion Authority (GEPA) is targeting $2.6 billion in the non-traditional export (NTEs) earnings for 2015. The target represents an increase of about...

Dubai?s tourism and hospitality industry earnings to suffer this year

A tapering of demand will lower earnings in Dubai?s tourism and hospitality industry this year, though an expected rise in arrivals from emerging markets,...

David Cameron To Seize Earnings Of Immigrants Working Illegally

(dpa/GNA) - Prime Minister David Cameron on Thursday vowed a "relentless drive" to reduce immigration, including seizing the earnings of migrants working illegally, as...

Tourism sector earnings Dip In Kenya

Kenya earned Sh87 billion from the tourism sector, marking the third straight annual decline from the Sh98 billion earned in 2011. The effects of...

U.S. stocks closed mixed with top companies reporting downbeat on economic date

U.S. stocks closed mixed after wavering between gains and losses Tuesday, as major companies reported mixed quarterly results and economic data came out slightly...

TAN tasks FG on measures for non oil export revenue earnings

From Chuks Collins, Awka Following the 2015 Federal Budget of N4.3trillion presented to the National Assembly by the Minister of Finance Mrs Ngozi Okonjo-Iweala with...

Bank of America record $168m for third-quarter

Bank of America reported third-quarter earnings of 168 million dollars on Wednesday, hard hit by costs linked to a billion-dollar mortgage settlement reached earlier...
Ghana banks

Ghana Banks will not record the best of earnings

Banks earnings are expected to slow down in the third and last quarter of this year, Ecobank Research analysis stipulates. In the second quarter of...
Amazon Saw Its Busiest

Amazon stock falls slightly

Online retailer Amazon has reported net profits of $239m, after seeing a strong festive shopping season. It also reported sales of $25.59bn, but these just...

Gold and Cocoa Earnings Droped Due To Trade Deficit Of 2013

Ghana recorded low earnings from the export of cocoa and gold during the first ten months of 2013, according to the central bank. In a...

Ghana recorded low earnings from gold and cocoa export this year

Ghana recorded low earnings from the export of cocoa and gold during the first ten months of 2013, according to the central bank. In a...

CAL Bank Doubles Its 9 Months Earnings

CAL Bank nearly doubled its gross income from GHS124.74 million in? the nine months of 2012 to GHS245.84 million in the nine months of...

AngloGold’s Q3 Earnings Jump On 12%

AngloGold Ashanti today posted a strong set of results for the third quarter, which saw earnings jump on the back of a 12% rise...

Newmont says 80% of earnings is spent locally and denies wrongdoing.

Newmont Ghana says almost 80% of its earnings from gold sales were retained in the country in 2012, contrary to recent claims that it...