Primary Stalks Symbion
Primary 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 More
ADB Up But Watch Costs
For a bank the past three months have certainly seen some market action in Adelaide Bank (ADB).
Read MoreWoolies Sales Surge
Woolworths’ 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 MoreOneSteel, Smorgon Ready To Go?
The ACCC won’t stand in the way of the restructured deal which will see a joint venture between OneSteel and Smorgon Steel Group.
Read MoreALS Up, But So Is Gearing
A 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 MoreMilton Rides The Boom
Be fully invested in this market at the moment and it seems hard to go wrong.
Read MoreDJS Up As Sales, Profits Surge
So what did David Jones do that set its shares alight yesterday?
Read MoreTLS Re-Rated
Is Telstra about to pull one of those amazing rabbits from the earnings upgrade hat?
Read MoreHVN Sales Strong, But Slowdown Shows
Sales 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 MoreWES At New High
In 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 Cuts Fixed Lending Rates
St 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 MoreHousing Down, Rates To Rise?
More hints from the economy that things are not as sedate as you’d think after three interest rate rises.
Read MoreThe Economy: A Check List
The 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 MoreChina Boom Intact?
The 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 MoreMarkets Kick Higher On Oil, Metals
Our 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 MoreThe Outlook: Only The Year Has Changed (So Far)
So 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.
Read More
