OneSteel, Smorgon Decide To Dance
Left like’shag on a rock’, or like a jilted lover: whatever way you describe it BlueScope Steel and its board have some tough decisions to make in the next short while.
Read MoreLeft like’shag on a rock’, or like a jilted lover: whatever way you describe it BlueScope Steel and its board have some tough decisions to make in the next short while.
Read MoreQantas is becoming a bit of a headache for the intending acquirers and the Federal Government.
Read MoreAfter a month of silence Origin Energy says it has started talks with rival AGL Energy on a merger to form a company that would supply power and gas to half of eastern Australia’s households.
Read MoreArgo Investments is planning a strategic capital raising of $441 million from its 54,000 shareholders in an attempt to build cash reserves to position itself to take advantage of any volatility in the market.
Read MoreMondays these past few weeks have usually seen the market in Australia start with a bang after a solid finish to US bourses and commodity prices on the previous Friday night.
Read MoreGold prices stumbled late last week as better than expected US economic figures were released and worries emerged about the health of a hedge fund investor in commodities.
Read MoreIs Coles’ chances of being snaffled by a buyout group led by KKR of the US, disappearing in London where there seems to be a repeat of last year’s bidding for Coles with recovering UK retail giant, Sainsbury?
Read MoreFederal parliament resumes this week for 2007 and you can bet that Iraq, water, climate change, industrial relations and the federal election will be on everyone’s lips and press releases.
Read MoreA solid result from Rio Tinto Group, the world’s third-largest mining company with full-year profit rising 43 per cent to a record $US 7.44 billion (around $A9.6 billion)
Read MoreThe highly competitive Telco markets of mobile, broadband and new generation technologies seem to be on the verge of another war between Telstra, Optus, Vodafone, Hutchison, Telecom NZ/AAPT and anyone else who can keep up.
Read MorePrimary Health Care’s play for the much larger Symbion Health is being seen by some analysts as a ploy to get taken out by its bigger rival.
Read MoreFor a bank the past three months have certainly seen some market action in Adelaide Bank (ADB).
Read MoreWoolworths’ strong second quarter and first half sales gains were well anticipated by investors this week, the shares climbing from just under $23.10 at the start to a high yesterday of $23.94 after they were released.
Read MoreThe ACCC won’t stand in the way of the restructured deal which will see a joint venture between OneSteel and Smorgon Steel Group.
Read MoreA solid result for diversified building industry supplier, Alesco Corporation, and off goes the company’s shares, hitting an all time intra day high of $12.40 at one stage yesterday
Read MoreBe fully invested in this market at the moment and it seems hard to go wrong.
Read MoreSo what did David Jones do that set its shares alight yesterday?
Read MoreIs Telstra about to pull one of those amazing rabbits from the earnings upgrade hat?
Read MoreSales through Harvey Norman’s stores in Australia, New Zealand, Ireland and Slovenia performed well in the first half but there was a late weakening in the growth rate.
Read MoreIn yesterday’s record market, Wesfarmers shares hit a 52 week high of $38.90, a 61c rise as investors again punted on some sort of private equity buyout of Australia’s largest and most diversified industrial conglomerate.
Read MoreSt George Bank has fired the first shot in what could be a rate war for housing finance in the wake of the figures from the Australian Bureau of Statistics showing a fourth month of easing levels of finance for home buying in November.
Read MoreMore hints from the economy that things are not as sedate as you’d think after three interest rate rises.
Read MoreThe economy is the $64 question this year, as it became last year after the smoke cleared from the huge resources/commodities rally in the five months to May, the pause, and then the drive upwards in oil spurred on by the Israel-Hezbollah fighting, North Korea and Iran tensions from July through to early September.
Read MoreThe China growth story will again be one of the continuing ‘tales’ for economists, writers, companies, brokers and others to talk up and wonder about in 2007.
Read MoreOur market will have another of its upward wiggles today of the sort seen a couple of times last week after Wall Street and commodity markets steadied in trading Friday night our time.
Read MoreSo when we broke for Christmas last month the market was worried about inflation, the rising level of corporate activity by private equity groups and their mates in investment banks, economic growth, a strong labor market, bank earnings and debts, commodity prices, whether China will continue to grow this year, oil prices and the drought.
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