Top Equity News ยป Stocks http://topequitynews.com Mon, 28 May 2012 08:20:06 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Bankia shares open 26.75 percent down after bailout request http://topequitynews.com/bankia-shares-open-26-75-percent-down-after-bailout-request/ http://topequitynews.com/bankia-shares-open-26-75-percent-down-after-bailout-request/#comments Mon, 28 May 2012 08:01:48 +0000 admin http://topequitynews.com/bankia-shares-open-26-75-percent-down-after-bailout-request/ Bankia shares open 26.75 percent down after bailout request is an article from:

]]> MADRID (Reuters) – Shares in troubled Spanish lender Bankia fell 26.75 percent when trading resumed after stock market regulator CNMV suspended it on Friday, before the bank asked for a 23.5 billion euros bailout. The bank revealed a 2.979 billion euro ($3.73 billion) loss for 2011 after restating its accounts and its parent company BFA (Banco Financiero y de Ahorros) is also set to report heavy losses on Monday. (Reporting by Sarah White and Julien Toyer)

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]]> http://topequitynews.com/bankia-shares-open-26-75-percent-down-after-bailout-request/feed/ 0 Bankia shares open 26.75 pct down after bailout request http://topequitynews.com/bankia-shares-open-26-75-pct-down-after-bailout-request/ http://topequitynews.com/bankia-shares-open-26-75-pct-down-after-bailout-request/#comments Mon, 28 May 2012 08:01:47 +0000 admin http://topequitynews.com/bankia-shares-open-26-75-pct-down-after-bailout-request/ Bankia shares open 26.75 pct down after bailout request is an article from:

]]> MADRID (Reuters) – Shares in troubled Spanish lender Bankia fell 26.75 percent when trading resumed after stock market regulator CNMV suspended it on Friday, before the bank asked for a 23.5 billion euros bailout. The bank revealed a 2.979 billion euro ($3.73 billion) loss for 2011 after restating its accounts and its parent company BFA (Banco Financiero y de Ahorros) is also set to report heavy losses on Monday. (Reporting by Sarah White and Julien Toyer)

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]]> http://topequitynews.com/bankia-shares-open-26-75-pct-down-after-bailout-request/feed/ 0 Reliance Comm shares rise on earnings http://topequitynews.com/reliance-comm-shares-rise-on-earnings/ http://topequitynews.com/reliance-comm-shares-rise-on-earnings/#comments Mon, 28 May 2012 07:00:34 +0000 admin http://topequitynews.com/reliance-comm-shares-rise-on-earnings/ Reliance Comm shares rise on earnings is an article from:

]]> A man walks past a logo of Reliance Communication before Annual General Meeting in MumbaiReuters Market Eye – Reliance Communications shares rise 2.3 percent after earnings out late on Saturday smashed analyst expectations. Earnings surged after a sharp fall in costs as well as on tax-related gains. However, the market keenly watching for any progress in the company's talks to raise funds through asset sales. Reliance Communications said on Monday its net debt stood at $7 billion at the end of March, up from $6.9 billion in December.

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]]> http://topequitynews.com/reliance-comm-shares-rise-on-earnings/feed/ 0 Illovo Sugar FY earnings up but lag expectations http://topequitynews.com/illovo-sugar-fy-earnings-up-but-lag-expectations/ http://topequitynews.com/illovo-sugar-fy-earnings-up-but-lag-expectations/#comments Mon, 28 May 2012 06:15:25 +0000 admin http://topequitynews.com/illovo-sugar-fy-earnings-up-but-lag-expectations/ Illovo Sugar FY earnings up but lag expectations is an article from:

]]> JOHANNESBURG (Reuters) – South Africa’s Illovo Sugar Ltd posted an 18 percent rise in full-year earnings on Monday helped by cost cuts but the profit slightly lagged analysts expectations as sugar output fell. Illovo, a unit of Associated British Foods, said diluted headline earnings per share for the year to the end of March totalled 132.5 cents from 112.1 cents the previous year. The diluted headline earnings per share number was expected to come in at 133.037 cents, according to an average estimate of six analysts polled by Thomson Reuters. …

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]]> http://topequitynews.com/illovo-sugar-fy-earnings-up-but-lag-expectations/feed/ 0 Tongaat Hulett says FY earnings, output higher http://topequitynews.com/tongaat-hulett-says-fy-earnings-output-higher/ http://topequitynews.com/tongaat-hulett-says-fy-earnings-output-higher/#comments Mon, 28 May 2012 06:15:24 +0000 admin http://topequitynews.com/tongaat-hulett-says-fy-earnings-output-higher/ Tongaat Hulett says FY earnings, output higher is an article from:

]]> JOHANNESBURG (Reuters) – South Africa’s Tongaat Hulett reported a nearly 11 percent rise in full-year earnings on Monday, boosted by an increase in sugar output and prices and said it expected production to grow further in the next season. The agri-processing company said diluted headline earnings per share for the year to end-March totalled 819.4 cents from 739.6 cents a year ago. Headline earnings are the main profit gauge in South Africa and exclude certain one-off and non-trading items. …

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