Highlights of the day: 28 September

Feb. 29, 2024

FinMeUp highlights of the day


South Africa

Barloworld Limited- Trading update for the eleven months to 31 August 2022

  • Revenue improved by double digits for the eleven months ended 31 August 2022.
  • This was driven by the performance of Barloworlds equipment businesses.
  • Value to shareholders was shown through ordinary dividends, special dividends and share buybacks.

Grindrod Limited

  • Industrial Partnership Investments Pty Ltd has sold its entire stake in Grindrod.
  • Remgro Limited has acquired Grindrod shares and now holds 25.0% of the total number of Grindrod ordinary shares.


The U.S.

Jaguar Land Rover

  • Jaguar Land Rover will retrain 29,000 employees and staff at retailers globally over the next 3 years to design, build and service EVs ahead of its shift away from fossil-fuel cars.


  • Apple has ditched its plans to increase production of iPhones due to a decrease in demand.


  • Hugh Jackman will return as Wolverine in Deadpool 3 with Ryan Reynolds.

Blackberry earnings

  • EPS of -$0.05 beating expectations of -$0.07.
  • Revenue of $168M beating expectations of $165.80M.


  • Tesla is making large fleet deliveries at the end of the quarter as it pushes for a new all-time delivery record.


  • Square has launched a tap to pay on iPhone for U.S. users.


  • DocuSign has announced it will cut its current workforce by 9%.

JP Morgan

  • JPMorgan is planning to double the size of its UK retail bank workforce in the next 2 years.

Johnson & Johnson

  • Johnson & Johnson today announced the name of its upcoming consumer health company spinoff as "Kenvue".


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