July 27, 2024, 3:04 a.m.
The Daily Update: 6 March
July 17, 2023
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FinMeUpThe latest updates from the JSE and NYSE over the past 24 hours.
 
South Africa
Nedbank Group Limited- Trading statement
- Basic EPS is expected to be between 2 873 and 2 989 cents per share, representing an increase of between 24% and 29%.
Sun International Limited- Trading statement
- EPS is expected to be between 211 cents per share and 234 cents per share, representing an increase of more than 100% when compared to the prior EPS of 105 cents.
RCL Foods Limited- Group financial results for the six months ended December 2022
- Revenue grew by 17.6% to R 20.2 billion.
- EBITDA fell by 8.9% to R 1 177.7 million.
- EPS fell by 22.0% to 57.6 cents.
African Rainbow Minerals Limited- Interim Results for the six months ended 31 December 2022 and Cash Dividend Declaration
- Headline earnings increased by 40% to R5 171 million.
- Net cash of R9 548 million was reported compared to R11 175 million in the prior comparable period.
- The purchase consideration for Bokoni Platinum Mine of R3 500 million was fully settled in cash on 1 September 2022.
- The Board declared a dividend of 1 400 cents per share.
The Bidvest Group Limited- Unaudited financial results and cash dividend declaration for the six months ended 31 December 2022
- Revenue grew by 14% to R57.2 billion.
- Trading profit grew by 14.5% to R5.8 billion.
- R7.3 billion cash generated by operations.
- HEPS grew by 15.3% to 938.5 cents per share.
- The Board declared a dividend of 437 cents per share and will be paid on Monday, 3 April 2023.
Stadio Holdings Limited- Trading statement
- First semester students grew by 11% to 38 348.
- EPS is expected to increase to between 18.6 cents and 20.4 cents, representing an increase of 25% and 37%.
 
The U.S.
Apple
- Apple is reportedly expected to use TSMCs 3nm technology for its custom self-developed 5G modem replacing Qualcomm chips by the iPhone 16 in 2024.
Ford
- Ford has filed for a patent that could remotely shut down your radio or air conditioning, lock you out of your vehicle, or prompt it to ceaselessly beep if you miss car payments.
Berkshire Hathaway
- Warren Buffett's Berkshire Hathaway was up 3,787,464% from 1964 to 2022 compared to the S&P 500 which was up 24,708% in the same period.
Costco Earnings
- EPS of $3.30 beating expectations of $3.20.
- Revenue of $54.24B missing expectations of $55.61B.
Broadcom Earnings
- EPS of $10.33 beating expectations of $10.16.
- Revenue of $8.92B beating expectations of $8.9B.
Dell Earnings
- EPS of $1.80 beating expectations of $1.64.
- Revenue of $25.04B beating expectations of $23.5B.
- Dell raised its quarterly dividend of $0.37 from $0.33 per share.
Marvel Earnings
- EPS of $0.46 missing expectations of $0.47.
- Revenue of $1.42B beating expectations of $1.4B.