Archive for May 20th, 2010

A mini bloodbath. Gory details from I-Net Bridge, autopsy from Graeme Korner of Alpha… »

A fund manager looks at the giant brewer’s year end… »

Hendrik du Toit, CEO of Investec Asset Management casts an eye over the bank’s books, and an indulgent eye at asset management’s stellar… »

Johannesburg, May 20 (I-Net Bridge) - Investec Asset Management announced on Thursday that assets under management had risen to a record
sterling 46 billion (R515bn) as it reported results for the financial year to end 31 March 2010.
Over the twelve months, earnings increased by 26% year-on-year to… »

Johannesburg, May 20 (I-Net Bridge) - Global brewing giant SABMiller (SAB) on Thursday reported adjusted earnings per share of US 161.1 cents from the year ended March 2010, up 17% from 137.5 cents in 2009. This amounted to 100.6 pence, up 26% from a year ago, and 1,253.8 SA cents, up 3%… »

Johannesburg, May 20 (I-Net Bridge) - International specialist bank and asset manager Investec (INP, INL) on Thursday reported adjusted earnings per share up 6.4% to 45.1 pence for the year ended March 2010 from 42.4 pence a year ago.
Operating profit before tax was up 8.9% to GBP432.3 million, while earnings attributable to… »

Shocked European ministers are preparing for emergency talks to shore up the euro after markets fell in reaction to panic measures in Germany.

Angela Merkel stunned EU capitals by warning that the euro was in danger and triggered fears of a fresh financial meltdown by announcing a ban on risky trading practices by speculators…. »

SA Today: Key events to watch, May 20
— Stats SA releases March civil cases for debt.
— SARB releases Monetary Policy Review.
— Crop Estimates Committee releases Summer: fourth production forecast.
— Investec releases annual results.
— SABMiller releases annual results.
— Spescom releases interim results.
WHAT TO WATCH FOR:
Markets are likely to open weaker this morning as global equities are… »