No Change As Japanese PM Goes
The Japanese economy won’t be hurt or hindered by the decision of Prime Minister Yukio Hatoyama to step down.
Read MoreThe Japanese economy won’t be hurt or hindered by the decision of Prime Minister Yukio Hatoyama to step down.
Read MoreThe stockmarket cost to BP’s Gulf of Mexico oil leak has topped the $US100 billion mark for the companies directly involved, and other companies in the sector seeing tens of billions of dollars in market losses as well.
Read MoreThere are some nasty profit downgrades emerging that call into question valuations on the Australian stockmarket and the efforts of various analysts who follow these companies.
Read MoreAs an historical record and explanation, the March quarter national accounts help us understand what the Australian economy was doing in the first three months of the year.
Read MoreDon’t look for the Reserve Bank to lift interests rates any time soon; Europe’s problems are dominating its thinking now, perhaps as much as the health of the Australian economy.
Read MorePerhaps some further stimulus might be needed for the home building sector later in the year.
Read MoreDowner EDI, the engineering group, joined an exclusive club yesterday when it sprung a surprise on the market by revealing write-downs and losses of more than $250 million.
Read MoreWhile the grocery and liquor wholesaler, Metcash, reported a 12.4% rise in its 2010 net profit, it found the going hard in the closing months of the year to April 30, and expects more of the same for the rest of this year.
Read MoreMore signs of the pace of growth in the Chinese economy slowing as the government moves to introduce a tax on property.
Read MoreNo evidence from yesterday’s economic data flow for the Reserve Bank board to do anything but leave interest rates steady at its June meeting today.
Read MoreIndia has joined China in the front ranks of the world’s fastest growing economies.
Read MoreMore action in healthcare yesterday with Sigma granting its South African suitor, Aspen, due diligence rights and Healthscope revealing that it’s now the most popular girl at the dance, with two more takeover offers.
Read MoreAll being well, the Orica spin-off, DuluxGroup, should start trading as a separate listed company around June 12.
Read MoreA possible takeover last week, a rare profit upgrade this week.
Read MoreA big, big week for the economy in Australia.
Read MoreThis week’s first quarter growth figures will tell how the economy went in the March quarter, but we already have some indications that for some parts of business it was tough.
Read MoreA day after reporting a solid rise in exports in April, we had more signs on Friday that the Japanese economy is not as healthy as some figures would suggest.
Read MoreGold rose in late trading on Friday after the Fitch cut of Spain’s debt ratings forced gold investors to cover short positions before the holiday long weekend.
Read MoreTrading for May in the US finished on Friday, with the Memorial Day long weekend closing American markets tonight, our time.
Read MoreThe Australian investment boom remains on track.
Read MoreJames Hardie Industries has posted a full year 2010 net loss of $US84.9 million ($A102.9 million), after reporting an improvement in fourth quarter operating income.
Read MoreShopping mall owner Westfield Group said first-quarter operations confirm positive signs for the markets in which it operates.
Read MoreTabcorp said yesterday that it has no knowledge of a mooted takeover bid for the company, but suggests rumours of a bid may be why its share price rose strongly on Tuesday.
Read MoreMelbourne-based Programmed Maintenance Services has posted a 7% fall in annual net profit, as suggested in a trading update earlier this month.
Read MorePerth-based Ammtec Ltd has rejected the takeover offer from Brisbane-based Campbell Brothers as too low, and has forecast strong earnings growth in the 2011 financial year.
Read MoreAustralia’s major coal miners have found their supposed fears about the proposed resources profit tax no barrier to trying to increase their hold on the Queensland coal transport system.
Read MoreTalk about dud financial deals, especially takeovers.
Read MoreGindalbie Metals yesterday became the second miner to point out that the proposed mining super profits tax will not impact expansion plans from proceeding.
Read MoreLaboratory and chemicals group Campbell Brothers has posted a 29% drop in annual net profit, as forecast in a February guidance update.
Read MoreFor about the third time so far this financial year travel group, Flight Centre has upgraded its fiscal 2010 guidance, and the shares take-off.
Read MoreThorn Group, which owns Radio Rentals, says it lifted earnings in the year to March as Australian rented more appliances.
Read MoreAfrica’s biggest generics drugs group has been revealed as the bidder for the struggling local group, Sigma Pharmaceuticals.
Read MoreTransurban Group has strongly defended the rejection of the takeover bids from three shareholders a fortnight ago.
Read MoreWoolworths has added more stores to its emerging hardware chain by agreeing to pay $40 million to acquire the small group of five hardware stores owned by the struggling Gunns timber and forestry group.
Read MoreNow that Thailand is slowly getting back to something approaching civility, there’s time for an accounting.
Read MoreAustralia’s healthcare sector was hit hard last week with two major earnings downgrades, and possible takeovers for two other struggling groups.
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