Results: Nufarm Confirms 2010 Disaster
Well, struggling agri-chemicals company, Nufarm made its last of five profit guidances, for what it was worth.
Read MoreWell, struggling agri-chemicals company, Nufarm made its last of five profit guidances, for what it was worth.
Read MoreIf the ASX Ltd and ASIC can’t be expected to get disclosure and timely surveillance spot on, why should other companies be queried or chided for their faulty disclosure or unexplained price movements?
Read MoreThe consolidation of the bottom end of the energy sector continues with junior oil and gas explorer Apollo Gas agreeing to a $145 million offer from dart Energy, the spin off from the recently taken over Arrow Energy.
Read MoreAustralia, along with the 24 other major economies around the world, will undergo a major financial stability check every five years by the International Monetary Fund (IMF).
Read MoreEmbattled agri-chemicals group, Nufarm has won a bit more time from its banks on loan agreement breaches ahead of the release of full year figures later today.
Read MoreAmid reports of yet more stimulus spending in Japan, the country has seen a sharp fall in its trade surplus for August, the first fall for 15 months.
Read MoreCFS Retail Property Trust has completed its $540 million equity sale enabling its purchase of four outlets from the struggling Direct Factory Outlet (DFO).
Read MoreWhile the Aussie dollar hit a new 26 month high in early trading yesterday and overnight, the big mover was the Yuan where the rise since the peg to the US dollar was abandoned on June 19, is now almost 2%.
Read MoreFinancial institutions continue to fail, and it’s just not banks and not just in the US.
Read MoreThe Australian dollar continues to head towards the $US1 parity level (and beyond) after hitting new two year highs on Friday night.
Read MoreSharemarkets continue to enjoy a great September, with Wall Street’s 9%-plus gain the best for a decade, which seems odd given that the economy is in worse shape than a year or ago, or six months ago.
Read MoreWell, gold remains the big story from global markets, having topped the $US1300 an ounce mark on Friday night, our time, and a level many analysts had not expected to be reached until later in the year.
Read MoreUranium explorer and miner, Paladin Energy intends bailing out of its current takeover for NGM Resources after one of the conditions in its bid was breached by a terrorist attack in the African state of Niger earlier this month.
Read MoreA big, big week with end of month and quarter.
Read MoreQE2 is not an old luxury cruise liner, but a reference to more quantitative easing from central banks, especially in the US, the UK Europe and Japan.
Read MoreThe annual results from linked companies Brickworks and Washington H Soul Pattinson, have once again revealed the perils of interlinked groups when earnings slide, or when a big one off profit is no longer in the equation.
Read MoreThe NZ economy is heading for a slide back into negative growth territory after a surprise slowdown in the second quarter took markets by surprise.
Read MoreRemember Macquarie Group’s profit warning earlier this month (September 6)?
Read MoreThe National Australia Bank has become the first major bank to change its interest rate forecast and now sees the Reserve Bank lifting rates at the board meeting next month.
Read MoreDavid Jones shares were easier yesterday after the department store retailer made guidance in reporting its 2009-10 profit of $170.8 million, which was up 9.1%.
Read MoreHead of research at Australian boutique fund manager PM Capital, Ashley Pittard, believes a significant discrepancy in the valuation of blue chip stocks in Australia compared with the US market offer contrarian investors significant opportunities over the coming decade.
Read MoreBHP Billiton remains hesitant about the pace of the global economic recovery.
Read MoreDiversified industrial group, Alesco Corporation continues to find the going tough.
Read MoreCoal company New Hope Corporation Ltd (which is part of the Soul Pattinson group of Sydney) has suffered a sharp fall in operating earnings, despite achieving record levels of production and exports for the year to July 31.
Read MoreIs there life after Babcock & Brown and after reverting to your old name, if you are Alinta Energy, the heavily indebted energy group based in WA?
Read MoreAn interest rate rise is only a matter of time after the release yesterday of the minutes of the September 7 meeting of the Reserve Bank board and the speech on Monday by Governor Glenn Stevens.
Read MoreAustralian commodity exports are now expected to hit an all time high in the year to June, 2011, according to the latest estimate from the Federal Government’s key forecasting group.
Read MoreThe US Federal Reserve sat on rates and other possible bit policy moves at its meeting in Washington overnight.
Read MoreInterest rate rises are live again as an issue after Reserve Bank Governor Glenn Stevens yesterday made sure we all know that the central bank is focused on the danger of cost pressures emerging quickly in the economy and boosting inflation.
Read MoreIt will pay to maintain a sceptical frame of mind over the next few weeks as we will be bombarded with $15 million advertising about the worth of the Queensland Rail National float.
Read MoreAs expected James Hardie Industries will appeal a Federal Court decision that upheld a ruling that it owes the tax man $US318 million ($339 million).
Read MoreIt’s not just the Commonwealth Bank where the amount paid to the CEO and senior managers in 2009-10 has raised eyebrows; faltering insurer, Insurance Group Australia found reasons to pay its senior managers more in the year to June, despite suffering a big fall in earnings and more losses on the unfortunate UK play.
Read MoreShares in Metallica Minerals Ltd rose more than 9% yesterday after the small miner revealed that it was a step closer to developing a multi-metal mine and processing operation in northern Queensland.
Read MoreAs the world markets seemingly recover their poise, the monthly survey of big investor confidence from Bank of America/Merrill Lynch says increased confidence about China has emerged from the September assessment.
Read MoreRenewed strains are emerging on the global banking system.
Read MoreAnother solid week for most global markets with the US ending on an up note Friday, despite renewed fears about the financial health of Ireland and its troubled banks.
Read MoreGold closed a winning week with a bang on Friday, notching a fresh record and helping silver settle at its highest close in three decades.
Read MoreAmerican data grabs our attention again this week with the all important Federal Reserve interest rate policy meeting dominating, plus a slew of reports on the health of the depressed housing sector.
Read MoreShares versus bank deposits, a modern dilemma for investors, especially in Australia where deposit rates are amongst the highest in the major economies because of our stronger economy and the need for our banks to raise more and more money from small investors and not from overseas credit markets.
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