|Bid||177.25 x 141600|
|Ask||177.30 x 153800|
|Day's range||175.20 - 177.30|
|52-week range||159.20 - 189.40|
|PE ratio (TTM)||11.31|
|Earnings date||9 Nov 2017|
|Dividend & yield||N/A (N/A)|
|1y target est||182.59|
A South African broker and an energy investment firm fired KPMG on Tuesday, two of a number of local firms weighing whether to ditch the auditor to distance themselves from a scandal involving business friends of President Jacob Zuma. Sasfin and Hulisani, both relatively small financial companies based in Johannesburg, announced they would drop KPMG due to reputational risk. KPMG, one of the biggest and most influential names in accounting, cleared out its South African leadership on Friday after it found that work done for firms owned by the Gupta family "fell considerably short" of its standards.
Lloyd's of London underwriter Hiscox Ltd estimated it would face net claims of about $150 million from Hurricane Harvey and said it has yet to determine losses from Hurricane Irma. Insurers and reinsurers are counting the cost of Harvey, which lashed Texas in the last week of August causing flooding that put it on the scale of Hurricane Sandy in 2012. Hiscox (Swiss: 27373019.SW - news) said it had two main areas of exposure to the hurricane - reinsurance and insurance lines, including flood cover for homeowners and businesses.
European stocks edged up to a five-week high on Thursday, boosted by energy stocks and retailers, while stronger than expected U.S. inflation data also helped lift sectors with high dollar exposure. The ...