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South Africa's Bidcorp HY profit rises 4%

6 years 7 months ago
Food services firm Bid Corporation Ltd (Bidcorp) reported a 4% rise in half-year headline earnings on Wednesday, as strong performance of its businesses in Europe and New Zealand outweighed weaker operations elsewhere.
Reuters

Stock Alert: Koppers Holdings Drops 18%

6 years 7 months ago
(RTTNews) - Shares of Koppers Holdings Inc. (KOP), a provider of carbon compounds, chemicals, and treated wood products, tanked $6.33 or 18.33% on Tuesday before closing at $28.21. Koppers' preliminary fourth-quarter results were announced yesterday with lower-than estimated ear
RTTNews

How Important Is Asia To Under Armour's Stock?

6 years 7 months ago
Under Armour’s (NYSE: UA) success over the years has been driven primarily by the company’s business outside North America. Although North America is Under Armour’s biggest segment, growth in this region has slowed down in the last couple of years due to the restructuri
Trefis

Why Gap's Profits Likely Declined 35% In 2019

6 years 7 months ago
Gap Inc. (NYSE: GPS) has achieved steady growth over 2015-2018 (ending January), with the company’s revenue increasing by 5% and expenses following a similar trend resulting in stable profits for the company. However, the apparel company’s revenues should have shrunk for f
Trefis

South Africa's Grand Parade to sell Burger King franchise

6 years 7 months ago
Grand Parade Investments (GPI) Ltd, which holds the Burger King franchise in South Africa, said on Wednesday it will sell its 95.36% stake in the business to ECP Africa Fund, in an attempt to close a valuation discount to its net asset value.
Reuters

New Mexico to Ban Medical Pot Sales to Non-Residents

6 years 7 months ago
Out-of-state residents aiming to travel to buy medical marijuana in New Mexico will soon be out of luck. The state's legislature has voted in a new law stipulating that only qualifying New Mexico residents will be eligible for a marijuana card. This ID document is required for t
The Motley Fool

China, Hong Kong stocks firm as new virus cases fall

6 years 7 months ago
Chinese stocks ticked higher on Wednesday as new virus cases in mainland China fell to a more than three-week low, although worries about the financial fallout from the epidemic capped gains. ** At the midday break, the Shanghai Composite index was up 0.3% at 2,994.07 points. The blue-chip CSI300 index was up 0.5%.
Reuters
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