Anglo American’s profit plunge leads to dividend cut and portfolio review
Anglo American Plc reported a steep fall in profit and lowered its dividend after a slump in key commodities it produces.
Anglo American Plc reported a steep fall in profit and lowered its dividend after a slump in key commodities it produces.
The Gavekal group asserts that China’s stock market currently presents the world’s most attractive investment opportunity.
Alec Hogg pointed out how ArcelorMittal shareholders enjoyed a ten-bagging 2021 primarily due to the lobbying efforts of the Indian-owned company.
While ArcelorMittal shareholders have celebrated an astonishing year, those who consume the company’s products are not. Something looks badly out of kilter here.
The trading industry has created an illusion that with a little bit of money and a strategy that you can make a lot of money easily.
MultiChoice added 1.4m 90-day active subscribers in the year ended March 2021, finishing the year with 20.9m subscribers. That’s a subscriber growth rate of 7% per year.
To truly understand profit, you have to understand the concept of economic value, and a good way to think about this is the idea of substitution.
Twitter reported record quarterly revenue and its first full year of profitability, signs the company’s efforts to promote healthy discourse on the platform appear to be paying off.
Tiger Brands tumbled after Africa’s largest listed packaged-food maker said full-year profit fell as much as 37 percent after one of its plants was blamed for South Africa’s listeriosis outbreak.
Absa Group forecast that its return on equity, a measure of profit, will improve slightly this year, helped by the South African lender’s operations in the rest of the continent.