Archive for May 17th, 2010

Johannesburg, May 17 (I-Net bridge) - The strike at transport utility Transnet is set to enter its second week after the Commission for Conciliation, Mediation and Arbitration (CCMA) facilitated talks between the utility and unions South African Transport and Allied Workers Union (Satawu) and United Transport and Allied Trade Union (Utatu)… »

— Vodacom releases annual results.
— JD Group releases interim results.
— Astral Foods releases interim results.
— Netcare releases interim results.
— Kelly Group releases interim results.
WHAT TO WATCH FOR:
Data coming out this week will likely bear more evidence of improving domestic economic conditions, analysts predict.
Most anticipated are retail sales figures for March, which will be … »

TOKYO — The euro plunged to its lowest level against the dollar in more than four years in Asia Monday, as investors continued to dump the common currency on concerns over Europe’s debt problems and economic fragility.

More falls are likely for the euro this week as investors remain jittery over solvency problems, dealers… »

Johannesburg, May 17 (I-Net Bridge) - Retailer JD Group (JDG) on Monday reported diluted headline earnings per share of 139.2 cents for the six months ended February 2010 from a loss of 18.9 cents a year ago.
The group declared an interim dividend of 70 cents per share compared with no dividend for… »

The CBOE volatility index, widely considered the best gauge of fear in the market, is trading above 25 Thursday. Is this volatility good for the market? James Hardesty, president, market strategist and chief economist at Hardesty Capital Management and David Hefty, CEO of Cornerstone Wealth Management shared their insights…. »