Tag Archives: shares

A Nigerian man, Chijioke Ebube, has slammed those hiding under tradition to deprive widows of their deceased husbands’ assets.   “I know a woman who wasn’t allowed to inherit any of her late husbands assets. She and her only daughter were forced to leave their house in the name of “women don’t inherit properties in our tradition”. Hiding under tradition …

Ford has been grappling with stubbornly high warranty expenses and sluggish cost-cutting efforts. In the July-September quarter, the company took $1billion (€960,000) in accounting charges to write down assets for a cancelled three-row electric SUV. ADVERTISEMENT Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it works to control …

Arm’s cautious full-year outlook caused a sharp decline in its share price, raising concerns about a slowdown in artificial intelligence (AI) chip demand. ADVERTISEMENT Arm reported earnings for the December quarter that significantly exceeded market expectations. However, the company provided conservative guidance for the current quarter, prompting a decline of more than 6% in its share price during extended trading …

Demand for weight-loss drugs surged throughout 2024, outpacing supply for most of the year. In December, Novo Holdings, an investment foundation of Novo Nordisk, acquired three manufacturing sites in Catalent to expand its production capacity. ADVERTISEMENT Europe’s largest pharmaceutical firm, Novo Nordisk, reported fourth-quarter earnings that surpassed analysts’ expectations. The company’s shares jumped more than 6% at the market open …

Alphabet has reported fourth quarter earnings that missed analysts’ estimates in revenue as growth in Google Cloud slowed. ADVERTISEMENT Google’s parent, Alphabet, missed market expectations in a key metric – Google Cloud growth – during the fourth quarter, resulting in a more than 7% drop in its share price in the extended trading hours. The company also provided guidance indicating …

A Nigerian woman has shared her story of recovery a few months after she survived a gas explosion.    The baker, in a post via X on Sunday, February 2, 2025, shared new photos of herself, thanking God for her healing.    According to her, the incident which occurred in October 2024 nearly left her blind.    “The one you …

Stanley Alieke, the former lawyer to controversial rapper, Darlington Achakpo, aka Speed Darlington, has advised people to sign a prenup before marriage in order to protect their assets during divorce   The lawyer, who gave the advice in a post on Sunday, February 2, said in absence of a prenup, one can protect his or her assets by acquiring properties …

Actress Yvonne Jegede has shared a hilarious video of herself and her son, Xavier, “burying” their fish that passed away.    The fish had been with them for over two years but d!ed recently. It appears Xavier forced his mum to hold a ‘’befitting funeral” for the fish. The video shows the actress and Xavier laying the fish down after …

Apple’s December quarter earnings topped analyst expectations in an overall performance. However, sales in China posted the biggest year-on-year decline since the same quarter in 2023. ADVERTISEMENT Apple reported earnings for the fiscal first quarter of 2025, showing that sales in China fell 11% from the same quarter in the fiscal year 2024. Despite this, Apple’s shares jumped more than …

Deutsche Bank posted lacklustre earnings in the last quarter of 2024, as higher litigation costs significantly eroded profit margins. ADVERTISEMENT German banking giant Deutsche Bank released its fourth quarter 2024 earnings on Thursday, reporting worse-than-expected results as the bank continues to deal with high litigation costs.  Net profit attributable to Deutsche Bank shareholders for Q4 2024 came up to €106 …