Archive for May 25th, 2010

Philip Saunders of Investec Asset Management picks his way through a minefield of market negativity. … »

It’s been around for 15 years, a beacon of real BBEE. We chat to the driving force behind the company Fred Robertson, on the eve of the… »

Operational performance for the three months ended 31 March 2010

Group overview

Metropolitan/Momentum merger update

* The merger process has continued as detailed in the SENS announcements dated 31 March and
17 May 2010.
* The due diligence is being finalised, and we anticipate posting the circular to shareholders around the
end of June, with a shareholders’ meeting scheduled for July.
Operational… »

LONDON (Dow Jones)–European stock markets slumped Tuesday, hit by higher inter-bank lending rates, concerns about the banking industry following the weekend rescue of Spanish regional savings bank CajaSur and worries about the growing tensions between North and South Korea.

Meanwhile, the euro, core European bond yields, gold and oil prices all tumbled, while stock-index futures… »

South Africa’s real gross domestic product (GDP) at market prices on a quarter-on-quarter (q/q) seasonally adjusted annualised (saa) basis rose by 4.6% in the first quarter of 2010 from 3.2% in the fourth quarter of 2009, Statistics South Africa (Stats SA) data showed on Tuesday.
GDP growth was expected at 4.3% q/q, according… »

South Africa’s real gross domestic product (GDP) at market prices on a quarter-on-quarter (q/q) seasonally adjusted annualised (saa) basis rose by 4.6% in the first quarter of 2010 from 3.2% in the fourth quarter of 2009, Statistics South Africa (Stats SA) data showed on Tuesday.
GDP growth was expected at 4.3% q/q,… »

The JSE was sharply in negative territory on Tuesday tracking global sentiment, amid growing tensions between North and South Korea, and continued fiscal concerns for Europe.
By 09:25 the JSE all share index was 2.39% weaker, with resources 2.39% worse off, and platinum miners 3.41% lower. Gold miners declined 1.15%.
… »

Johannesburg, May 25 (I-Net Bridge) - Healthcare group Adcock Ingram (AIP) on Tuesday reported an 11% rise in diluted headline earnings per share to 225.9 cents for the six months ended March 2010 from 203.7 cents a year ago. A dividend per share of 78 cents was declared - an increase of… »

— Stats SA releases Q1 2010 GDP.
— Weekly government bond auction.
— Metropolitan releases trading update for 1st quarter.
— ACSA briefing on 2010 operational readiness plan.
WHAT TO WATCH FOR:
The main focus of attention today is GDP data, due for release by Stats SA at 11:30.
GDP growth in SA is seen improving to 4.3% quarter-on-quarter (q/q)… »

Asian stocks and the won plunged to 10-month lows after a report that North Korean leader Kim Jong Il ordered his military to prepare for combat last week. The euro weakened and commodities declined on concern Europe’s debt crisis will spread…. »