Harmony reports &#39;significant turnaround&#39;
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Harmony Gold Mining today reported a cash operating profit of R133 million for the first quarter of the 2005 financial year. It described this as a &quot;significant turnaround&quot; following the loss of R43.
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South African gold producer Harmony, with backing from Russian metals giant Norilsk Nickel, is poised to make a surprise takeover bid today for Gold Fields, the world&#39;s fourth biggest producer, the Financial Times has reported.
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Harmony Gold yesterday undermined its ambitions to take over rival Gold Fields and create the world&#39;s biggest gold producer by reporting a headline loss that was worse than expected for the first quarter.
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After much restructuring, the health-care software provider scored a particularly important achievement: a profitable 2004.
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Here we go! The not-so-surprise announcement by Harmony Gold Mining that it was looking to &quot;merge&quot; with Gold Fields is sure to provide plenty of entertainment.
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The company posted strong second-quarter sales, and an acquisition could help long-term results.
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the continuing brouhaha between Oracle (Nasdaq: ORCL) and PeopleSoft (Nasdaq: PSFT) being a notable exception. South Africa&#39;s Harmony
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Management changes might make this a good value play.
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The company's shares have recovered from legal settlement sticker shock.
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Turnarounds are great ... when they actually turn around.
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JOHANNESBURG (Dow Jones)--Consolidation in the gold mining sector was shaken awake Monday as Harmony Gold Mining Co. (HMY), the world&#39;s sixth-biggest producer by output, launched
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The company says its revenue is stabilizing. If so, a value stock is in the making.
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No news was good news for South Africa&#39;s Harmony Gold Mining Company (NYSE: HMY) today. Over at rival and takeover target Gold Fields Limited (NYSE: GFI), a shareholder vote was held to endorse
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The score is now two out of two for Harmony Gold in its hostile bid for Gold Fields after the Securities Regulation Panel and the Johannesburg high court last week handed down judgments favourable
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A surprising source may spur a Gap turnaround.
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In what could be perceived as a signal of a thaw in relations between the recording industry and digital music technology, this morning's annual report from its chief international representative points to a turnaround in the piracy problem.
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The worldâs largest soft drink maker reported higher-than-expected quarterly profit on Wednesday, helped by higher sales, acquisitions and foreign exchange rates.