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AngloGold earnings down, output target unchanged
Aug 6th, 2012
JOHANNESBURG (Reuters) - World no. 3 gold producer Anglo Gold Ashanti reported a 41 percent fall in second quarter earnings on Monday, as expected, despite a surprising rise in output. The South Africa-based miner with global operations also declared a dividend of about 12 U.S. cents a share, in line with a Reuters' poll of 5 analysts, and stuck to its 2012 production target of between 4.3 and 4.4 million ounces. ... (Source: Reuters) -
JOHANNESBURG (Reuters) - South Africa's AngloGold Ashanti reported a near six-fold jump in first-quarter earnings on Monday as operations recovered from a wave of illegal strikes late last year. The world's third-largest bullion producer said adjusted headline earnings per share rose to 29 U.S. cents in the January-March quarter from 5 ce... [Full Article]
JOHANNESBURG (Reuters) - South Africa's Tongaat Hulett reported a 15 percent rise in full-year earnings on Friday as sugar production rose and said it expected further growth in the year ahead. The agri-processing company said diluted headline earnings per share for the year to end-March totalled 942.3 cents from 819.4 cents a year ago. Total ... [Full Article]
BANGKOK (AP) - Asian stock markets fell Thursday, weighed down by a contraction in China's manufacturing that adds to signs a shaky recovery in the world's No. 2 economy is slowing. (Source: Associated Press)... [Full Article]
BANGKOK (AP) - Asian stock markets slid Thursday, pulled down by a contraction in China's manufacturing that adds to signs that the shaky recovery in the world's No. 2 economy is slowing. (Source: Associated Press)... [Full Article]
(Reuters) - Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items like clothing. Target warned in April its first-quarter results would be weaker than anticipated, and its performance was even worse than revised ... [Full Article]
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