Intel plans $15 billion share sale as turnaround rally lifts stock
Aug 10 : Intel on Monday said it is planning to raise $15 billion through a share sale, as it looks to fund the costly build-out of its chip contract manufacturing business by cashing in on a stock surge fueled by its turnaround efforts.Once a dominant force in the global chip industry, Intel is investing heavily in ne
Stock market extends rally as investors position for earnings season
By Peter Egwuatu The Nigerian stock market has sustained its positive momentum on Week-on-Week, WoW, as renewed buying interest in blue-chip stocks outweighed widespread profit-taking across the broader market. The benchmark, Nigerian Exchange (NGX) All-Share Index, ASI, closed marginally higher by 0.1% at 245,573.6