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Shoprite cuts chairman Wiese's voting influence

Shoprite cuts chairman Wiese's voting influence
19 April 2019 / Nqobile Dluda, Reuters
The proposed deal will see Wiese's voting interest reduced to 17.8% from 42.3%.
Nestle, Unilever manage to raise prices without stunting growth

Nestle, Unilever manage to raise prices without stunting growth

Thomas Buckley and Corinne Gretler, Bloomberg / 18 April 2019
Nestle and Unilever reported first-quarter sales growth that handily topped analysts’ estimates.
PIC said to court banker for CEO

PIC said to court banker for CEO

UPDATE
Loni Prinsloo, Bloomberg / 18 April 2019
Kennedy Bungane was previously the head of Pembani Group.
Pinterest IPO raises $1.4bn as it shuns social-media tag

Pinterest IPO raises $1.4bn as it shuns social-media tag

Olivia Zaleski and Selina Wang, Bloomberg / 18 April 2019
Pinterest sells 75 million shares for $19 each.
PepsiCo’s classic brands fuel profit beat, sending shares higher

PepsiCo’s classic brands fuel profit beat, sending shares higher

Craig Giammona, Bloomberg / 17 April 2019
Sales growth was boosted by its key Frito-Lay operation and North American beverage unit.
Mediclinic shares lift on positive trading statement

Mediclinic shares lift on positive trading statement

Neesa Moodley / 17 April 2019
Guidance for SA margins perhaps the one 'downside surprise'.
EOH soars on turnaround plan

EOH soars on turnaround plan

Naledi Mashishi, Reuters / 17 April 2019
Shares in EOH doubled in value since Monday.
Morgan Stanley profit beats estimates on wealth management, lower costs

Morgan Stanley profit beats estimates on wealth management, lower costs

Aparajita Saxena, Reuters / 17 April 2019
Wealth management was the only bright spot in an otherwise bleak report.
PIC hikes stake in troubled Texton after BEE defaults 

PIC hikes stake in troubled Texton after BEE defaults 

Colin McClelland / 17 April 2019
Property fund working on 'turning the ship around,' CEO says.
Class action summons issued against Tiger Brands

Class action summons issued against Tiger Brands

Sasha Planting / 17 April 2019
The listeriosis outbreak caused a loss of life.
Mediclinic expects core profit to drop 3.5% for full year

Mediclinic expects core profit to drop 3.5% for full year

Nqobile Dludla, Reuters / 17 April 2019
Citing a challenging healthcare environment.
Strong health and beauty sales lift Clicks HY earnings

Strong health and beauty sales lift Clicks HY earnings

UPDATE
Nqobile Dludla, Reuters / 17 April 2019
Half-year earnings up 13.2%.
Netflix forecast disappoints as streaming competition looms

Netflix forecast disappoints as streaming competition looms

Lisa Richwine and Vibhuti Sharma, Reuters / 17 April 2019
Subscriber growth slowdown unnerves investors.
EOH extends huge rally as Van Coller talks up turnaround

EOH extends huge rally as Van Coller talks up turnaround

Duncan McLeod / 16 April 2019
CEO Stephen van Coller says a new base has been established for the company's future growth.
J&J beats estimates on pharma strength, raises sales forecast

J&J beats estimates on pharma strength, raises sales forecast

Manas Mishra and Saumya Sibi Joseph, Reuters / 16 April 2019
Sales were driven by demand for its Stelara treatment for psoriasis and Crohn's disease and cancer drugs Darzalex and Imbruvica.

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