Nov 26, 2013
ConvergeNet Holdings has issued a trading statement, warning shareholders that it will probably increase its loss per share by about 20% for the 12 months ended 31 August 2013 compared to last year. A decrease in the basic and headline earnings per share for the year...
Nov 25, 2013
The global television market is projected to decline for the second year in a row by the end of 2013, with shipments in virtually every quarter this year lower than the same time a year ago, according to a new report from IHS. Worldwide TV shipments for the first...
Nov 20, 2013
Huge Group is expecting a dramatic decrease in its earnings for the latest half-year. The company has issued a trading statement for the six months ended 31 August 2013. The company anticipates that earnings per share will be between 40% and 60% lower than the...
Nov 4, 2013
Card payments are overtaking cash, with FNB reporting that non-cash purchases in its consumer segment surpassed cash withdrawals at its ATMs by R800-million. The dominance of card over cash is very new in the financial services sector – just two years ago, FNB...
Oct 22, 2013
The golden age of telecoms growth and prosperity is waning, according to Ovum. Research from the global analyst firm predicts that global connections will grow by a CAGR of less than 4% between 2012 and 2018, while global revenues will grow at less than half that...