Steinhoff shares fall again after credit rating is slashed to junk

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Steinhoff shares fall again after credit rating is slashed to junk

Moody's has piled further pressure on Steinhoff International, slashing the South African retail conglomerate's credit rating deeply into junk territory after the emergence of “accounting irregularities” this week. Steinhoff's chief executive resigned on Tuesday as the South African-headquartered,
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Is DekelOil Public Limited (AIM:DKL) Undervalued After Accounting For Its Future Growth?

DekelOil Public Limited (AIM:DKL) is a stock well positioned for future growth, but many investors are wondering whether its last closing price of £0.08875 is based on unrealistic expectations. When an investor is questioning how much value a company is showing at this time, I regularly advise they
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Steinhoff shares bounce off 14-year low in volatile trade

Steinhoff's problems deepened on Thursday after Moody's cut its credit rating and raised concerns about its governance. “Given that allegations of accounting irregularities were raised and rebutted in August 2017 and again in November 2017 it calls into question the quality of oversight and governance
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Brexit Breakthrough Deal Shows Give and Take: Some Key Points

Follow @Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter. European Commission President Jean-Claude Juncker described it as a negotiation where both sides — the European Union and the U.K. — “had to listen to each other, adjust their position and show a willingness to
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Starbucks touts Christmas drink for a limited time

Starbucks is getting into the Christmas spirit with a festive drink just in time for the holidays. >> Read more trending news.
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