Copper To Jump, Markets End February With Gains
The copper market will be rattled by the powerful weekend earthquake that hit Chile and halted production at several major mines and ports.
Read MoreThe copper market will be rattled by the powerful weekend earthquake that hit Chile and halted production at several major mines and ports.
Read MoreThe Australian December half profit reporting season is now essentially complete.
Read MoreThe blind investors and the analysts in various brokerages and banks who have been down on Woolworths in the past few months, got one in the eye on Friday when the country’s biggest retailer revealed higher profits, higher margins, higher dividend and a $400 million buyback.
Read MoreLed by a resurgent mining sector, business investment is rebounding strongly.
Read MoreAs we read lower down today, China’s economic rebound has dragged the rest of Asia back into the black.
Read MoreGunns’ profit drop earlier in the week was a big shocker for investors, but apart from Tasmania, it was not a big deal for the rest of Australian business.
Read MoreMore evidence this week of just how strong a force China has been in driving the economic rebound in the Asian region.
Read MoreThe outlook for gold looks promising in 2010, according to the World Gold Council and will be underpinned by investment demand.
Read MoreThe country’s leading car dealer, Perth-based Automotive Holdings Group Ltd, showed this week that it was one of the biggest direct beneficiaries of the federal government’s 2009 economic stimulus, especially the tax breaks for car purchases for small and medium businesses.
Read MoreQueensland-based Macarthur Coal had a similar story to Woodside and other resources group: both good news and not so good, with the promise of better times ahead.
Read MoreAs it forecast a couple of weeks ago, Virgin Blue returned to profitability in the first half of 2009-10 and maintained annual earnings guidance.
Read MoreAs expected, Woodside Petroleum suffered a sharp fall in 2009 sales because of the slump in world prices (compared to much of 2008).
Read MoreSuncorp Metway baffled the market yesterday and paid for it with a bout of selling in an overall skittish market.
Read MoreThere seems to be life after the credit crunch and recession for GPT.
Read MoreOil Search is another company about to undergo a company-changing experience.
Read MoreAmcor’s interim was a bit anti-climatic after the company-changing the deal it has just closed on which saw it buy much of the packing assets of Alcan from its willing seller, Rio Tinto.
Read MoreThe return to profit by APN News & Media was widely anticipated by the market, so perhaps that’s why some investors took their profits and sold yesterday.
Read MorePoker machine group, Aristocrat confirmed earlier guidance of an operating profit and a loss after one off items for the December 31 2009 financial year.
Read MoreDrilling services provider Ausdrill expects to deliver its best ever operational result in the first half of 2009-10.
Read MoreAustralia’s largest listed oil refiner, Caltex Australia, has warned about a tough outlook, while restoring dividend.
Read MoreFairfax Media will pay a modest interim dividend to shareholders, sending a message that it’s increasingly confident the tough times are behind it.
Read MoreAn initial thumbs down from the market to Kerry Stokes’ plan to back his Westrac business into the Seven Network and grab a controlling stake in the combined group.
Read MoreThe sharemarket is nervous about the future of forestry company Gunns Ltd after it revealed a 98% fall in first half profit yesterday.
Read MoreWe are now just over 50% of the way through the December half profit reporting season in Australia.
Read MoreFriday saw a very mixed bag of interim reports and updates.
Read MoreIron ore miner Fortescue Metals Group has reported a sharp fall in first-half net profit despite an increase in revenue.
Read MoreThe US dollar continues to make gains.
Read MoreThe AMP’s Chief Economist, Dr Shane Oliver believes the Australian economy is set to grow by around 4% through this year, reflecting the lagged impact of monetary and fiscal stimulus, high levels of business and consumer confidence, the rebound in wealth and higher export prices.
Read MoreLower oil and gas prices and the absence of any large scale asset sales saw the bottom line at Santos trimmed by more than 70% in the year to December 2009.
Read MoreUnlike the AMP and Wesfarmers, Qantas muddied the market yesterday, getting its guidance all mixed up and helping send the shares down by the largest amount in 10 months at one stage.
Read MoreSo will the AMP have another run at AXA Asia Pacific?
Read MoreWesfarmers produced a surprise on the upside yesterday in its 2009-10 first half profit announcement.
Read MoreCoca-Cola Amatil shares were on the nose yesterday in the upbeat trading conditions, despite the drinks giant reporting a 16.4% improvement in profit for the year to last December.
Read MoreNo one found much good in the Westfield full year result, except that the company returned to profit in the second half.
Read MoreShares in CSL Ltd, the country’s major pharmaceutical group, rose strong yesterday after a bullish outlook from the company and CEO Brian McNamee.
Read MoreShareholders in Brambles will have to wait a bit longer for any improvement in dividend income from the company.
Read MoreRoll road operator, Transurban Group, says there’s been no new approaches from possible bidders from Canada and Australia.
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