Earnings

Nestle Nigeria: In line to deliver strong earnings growth in 2017

FBNQuest Research Neutral rating maintained Nestle Nigeria (Nestle) posted earnings of N8.2bn compared with a loss of –N6.2bn in Q2…

BA-owner IAG expects double-digit rise in 2017 operating profit

British Airways owner IAG said on Friday that it expects operating profit for 2017 to show a double-digit percentage improvement…

Transcorp now in black after a year in the red, declares N4.2 billion profit

Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s foremost conglomerate, has announced financial results for its second quarter ended June 30,…

Boeing raises 2017 earnings forecast

Boeing Co reported a quarterly profit compared with a loss a year ago when it booked a charge and raised…

Morgan Stanley claims another trading victory over rival Goldman Sachs

Morgan Stanley beat Wall Street's profit expectations on Wednesday, reporting gains across most of its businesses and producing more trading…

BlackRock, world’s biggest asset manager, reels in cash but earnings disappoint

BlackRock Inc's second-quarter results failed to impress Wall Street on Monday as the world's biggest asset manager cut fees to…