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Author Archives: InvestAdvocate

PepsiCo Announces Timing and Availability of Third Quarter Financial Results and Conference Call

August 14, 2018/PRNewswire PepsiCo, Inc. (NASDAQ: PEP) today announced that it will issue its third quarter 2018 (ending September 8) financial results on Tuesday, October 2, 2018 at approximately 6:00 a.m. Eastern Daylight Time (EDT) by… Read more »

SEC Obtains Final Judgment Ordering Pyramid Scheme Promoter to Pay Over $1 Million

August 14, 2018/US SEC A promoter of a pyramid scheme targeting Latino communities has agreed to transfer assets valued at over $1 million in a related bankruptcy proceeding and admit… Read more »

Oil Prices Fall Despite Supply Fears

August 14, 2018/OilPrice.com Trader Update: Imagine having the same intel as energy ‘insiders’ or even high level government officials. Information that traders and money managers pay $50,000 and more to access…. Read more »

Average Price of PMS Down -0.9% to N146.80 in July 2018 from N148.10 in June 2018

August 14, 2018/NBS Average price paid by consumers for premium motor spirit (petrol) decreased by -0.09 year-on-year and -0.9% month-on-month to N146.80 in July 2018 from N148.10 in June 2018…. Read more »

Saudi Arabia And Iran Reignite The Oil Price War

 Culled—Proshare August 14, 2018 By Tsvetana Paraskova for Oilprice.com The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle… Read more »

Seplat Announces Shareholder Agreement and Share Subscription Agreement with NGPTC

13/8/2018/NSE Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian indigenous oil and Gas Company listed on both the Nigeria Stock Exchange and London Stock Exchange, announces… Read more »

Forex: Wholesale Market, Others Get $210m CBN Boost

Culled—Proshare August 14, 2018/CBN The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting yet another sum of $210,000,000 into various sums… Read more »

SEC Bars Perpetrator of Initial Coin Offering Fraud

August 14, 2018/US SEC The Securities and Exchange Commission today obtained permanent officer-and-director and penny stock bars against the founder of a company who perpetrated a fraudulent initial coin offering… Read more »

Nigerian Equities Market Sustain Bearish Run, Amidst Continuous Selloffs

August 14, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Sentiments remained bearish in the Nigerian equities market on Tuesday, as the all-share index (ASI) dropped further by 0.31 percent to 35,288.23 points, amidst… Read more »

SEC Files Charges in Municipal Bond “Flipping” and Kickback Schemes

August 14, 2018/US SEC The Securities and Exchange Commission today charged two firms and 18 individuals in a scheme to improperly divert new issue municipal bonds to broker-dealers at the expense… Read more »

 

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