Results: MAP Sees Improvement
Sydney airport operator MAp Group says "proportional earnings" for the year to date are up 19.5% on traffic growth of 7%.
Read MoreSydney airport operator MAp Group says "proportional earnings" for the year to date are up 19.5% on traffic growth of 7%.
Read MoreYet another profit downgrade from Leighton Holdings yesterday, a move that saw the shares lose 7% of their value in late trading, or well over $2 each.
Read MoreWestfield shares were placed in a trading halt yesterday ahead of an announcement today that will see the company’s Australian operations split from the rest of the business.
Read MoreThe contrast between still growing Asia and faltering America was underlined again yesterday.
Read MoreThailand-based, Mitr Phol has paid $4 a share for most of GPG’s stake in Maryborough Sugar, the small Queensland producer which is perhaps the last pure sugar play left in the country.
Read MoreAnother statistic high on the discussion list at the RBA meeting today will be the sharp slowing in the growth in Australian home prices.
Read MoreSlowing house prices, accelerating Chinese manufacturing, a loosening Fed and subdued Australian manufacturing, all will be on the agenda at today’s RBA board meeting.
Read MoreFriday and yesterday have seen some sharply contrasting economic figures and reports.
Read MoreAccounting for October.
Read MoreIf you want to see what America’s economy might look like in several years time if the Fed’s approaching spending surge can’t break the hold low inflation and high unemployment has, take a look at how the Japanese economy is travelling.
Read MoreDoes Qantas really want investors to follow it, or has it delusions of becoming a "growth" stock by not paying regular dividends and trying to finance its ambitious expansion program?
Read MoreFriday saw two more profit/sales downgrades and one maybe.
Read MoreThe big week for the Australian and global economies.
Read MoreIn many respects the ANZ’s 2010 results yesterday was a carbon copy of the NAB’s earnings news the day before.
Read MoreThe global financial crisis has ushered in a period of more cautious consumers in the US and to a lesser extent in Australia.
Read MoreAs the US Federal Reserve approaches its historic two meeting next week which could see a second round of spending unleashed on the moribund US economy, there’s probably one last item on the organisation’s check list before a final decision is made.
Read MoreAmid all the talk of higher bank profits, there is one institution which saw its financial position go from a record result in 2009, to a huge loss in the year to June with a $US11 billion turnaround.
Read MoreThe profit warnings, or hints continue from the updates and AGM season, with two more warnings yesterday from retailers, including industry major, Harvey Norman.
Read MoreThe move by struggling Sigma Pharmaceuticals to sell its main generic drugs business to Aspen Pharmacare of South Africa may have hit a competition roadblock.
Read MoreWhile a leading coal miner (Macarthur) was upping its profit forecast, one of the country’s major coal carriers was sounding a note of caution about its outlook.
Read MoreShares in the National Australia Bank (NAB) closed up nearly 2.5% after a better than expected profit rise for the September 30 year and a small, but surprising lift in final dividend.
Read MoreMacarthur Coal has sharply upgraded its earnings outlook.
Read MoreYesterday’s consumer price index figures for the September quarter were, for the second quarter in a row, better than expected and good news for the economy, mortgage holders and interest rates generally.
Read MorePerpetual says it expects net profit in the current half year to be $35 million to $40 million, provided equity markets remain stable.
Read MoreFoster’s Group says it sees increasing support for the demerger of its beer and wine businesses.
Read MoreCoca Cola Amatil shares fell yesterday, despite the company maintaining earnings guidance for 2011 in a presentation for an investment conference.
Read MoreCommonwealth Bank shares led the markets and the banks lower yesterday after more gloomy comments from CEO Ralph Norris and chairman David Turner at the AGM.
Read MorePolitical opposition seems to be growing about the proposed $8 billion takeover of the ASX by the Singapore Stock Exchange.
Read MoreThe good news continues for Rio Tinto.
Read MoreSydney-based funds manager and custodian, Perpetual has sort of said ‘go away’ to US private equity firm Kohlberg Kravis Roberts, but not too far.
Read MoreA quiet, billion dollar all paper takeover was revealed in the resources sector yesterday that will have little impact on Australia, other than see two miners with growing offshore interests join together.
Read MoreThe Australian Securities Exchange and Singapore’s stock exchange have reached agreement to merge in a deal worth $A8.4 billion.
Read MoreA sharp rise in utility costs in the September quarter Producer Price data from the Australian Bureau of Statistics yesterday will concentrate the minds in the Reserve Bank ahead of the release of the consumer inflation figures for the same quarter tomorrow.
Read MoreOnce again we face a week of important data here and offshore that will influence our interest rates, share prices and give us an update on the path of the stuttering US economy.
Read MoreEquities and commodities finished the week mixed, with some in positive territory, but gold had its first weekly loss for several months.
Read MoreThis week will underline the stunning difference between the health of Australian and US banks.
Read MoreGroup of 20 Finance Ministers have finished a two-day meeting in South Korea on the world economy, currencies and trade imbalances that will do little to provide a concrete resolution of these contentious and threatening issues.
Read MoreWe could know as early as today if the ASX and the Singapore Exchange are to merge after a flurry of market activity and statements (and obvious briefings to business writers) on Friday.
Read MoreTen Network’s share price rose again yesterday as punters chased possible gains from the buying of James Packer in the country’s third-ranked TV network.
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