Bidvest is consolidating at support. Traders should be buying between R305.50 and R306.50 with stop losses set just below the R300 horizontal support.
$ retesting the break of the R60.00 level. Hourly chart shows a decent buying opportunity off the new support.
Starbucks (NASDAQ: SBUX) is reporting second-quarter earnings on Thursday, April 24th, and we want in!
The company is coming off the best year in its long history and we believe the coffee chain will deliver another robust quarter.
In Q1, it managed to generate a record $4.24 billion in revenue in a strong holiday season with higher store traffic. Recently it’s opened 417 new stores (bringing total store count to 20,184), which has put in on track to achieve the impressive goal of 1,500 new stores in 2014 – which would represent a 7.5% increase in total locations.
Today, in the ongoing battle over the pricing of Mobile Termination Rates (MTR), Judge Haseena Mayat ruled in favour of MTN, Vodacom, Icasa, Telkom Mobile and Cell-C in a confusing verdict where everyone seems to be both the winner and the loser!
Did I mention the legal battle would be “notoriously uncertain (and the verdict… surprising)”? I think I did in the 16th of Feb MTN coverage. Still, who would have expected this sort of tomfoolery from the South Gauteng High Court?