Stats: Housing, Confidence Down
Today we get the Labour force figures for January and these could tell us a lot about the chances for a rate rise next month, or a bit later in the year.
Read MoreToday we get the Labour force figures for January and these could tell us a lot about the chances for a rate rise next month, or a bit later in the year.
Read MoreShares in metal basher, Bradken Ltd jumped by more than 11% yesterday after the company boosted interim dividend 30% and told the market it saw better times ahead.
Read MoreThe greedy analysts had talked Macquarie Group prospective earnings up in recent weeks, and then down, when yesterday’s update fell short of their estimates.
Read MoreDavid Jones shares finished up 13 cents, or 2.8% yesterday after the company upgraded 2010 earnings following a solid first half sales performance.
Read MoreBionic-ear implant company Cochlear has reported record first-half earnings of $75.25 million for the December half and lifted dividend to 95c a share from the previous 80 cents a share.
Read MoreTwo very different results from the still tough property sector.
Read MoreAlcoa associate, Alumina, has reported a net loss for 2009, missing market expectations for a profit, thanks to a deeper impact from the global slump in aluminium demand last year.
Read MoreWhat a way to ruin an upbeat sales and earnings story.
Read MoreMacquarie Group is due to update the market today on its first half performance.
Read MoreSo that’s about it for the AMP and its ambitions to take over rival, AXA Asia Pacific Holdings, with Axa’s French parent, AXA SA.
Read MoreVirgin Blue’s earnings upgrade last week won upgrades yesterday from two leading investment banks and brokers.
Read MoreSome more good news from the resources sector.
Read MoreAre things economic a bit better than markets now think?
Read MoreCommodities are taking the brunt of the selling.
Read MoreShares in retailer Harvey Norman fell as much as 3% on Friday after the company reported a 4% increase in first-half sales and reaffirmed first half profit guidance for a rise of more than 40%.
Read MoreSo what are we to make of the sell down in global markets?
Read MoreShares fell 2% and more in some cases, commodities were sold off and currencies fell as the US dollar jumped as worries about the YUS economy and European sovereign debt hit markets overnight.
Read MoreRetail sales fell, but building approvals remained strong in December, especially for private houses, a sign the building and home owning boom still has some way to run.
Read MoreNo joy for holders of Myer shares (especially those who have held from last year’s float, or who bought in soon after).
Read MoreThe market was undecided about Tabcorp’s interim profit.
Read MoreBHP Billiton and Rio Tinto produce results next week that will once again confirm that they are riding the China boom for all they can get.
Read MoreYou will no doubt read a lot of guff about how QBE should have really moved last year to snap up Insurance Australia Group when the latter was vulnerable and changing CEOs and strategy.
Read More‘Thanks James Hardie’ might have been heard around the boardroom at CSR yesterday after the Federal Court stopped its $3 billion plan to split into two companies.
Read MoreA lot has been made about the commercial closeness of China and Australia in the past couple of years.
Read MoreMedia reports yesterday that Melbourne share sharks, Share Express, were back offering Telstra shareholders below market prices for their holdings made a timely backdrop for a move from Canberra to make these sorts of raids much harder.
Read MoreBuried in the News Corp second quarter and first half result was yet another surprise. A higher dividend.
Read MoreWell, we were all wrong; the Reserve Bank left rates unchanged at 3.75% at yesterday’s board meeting, preferring instead to sit and assess how the three previous rate increases work their way through the economy.
Read MoreShares in Hills Industries jumped sharply yesterday after the company signalled it was over the rough days of 2009.
Read MoreMore positive earnings updates yesterday.
Read MoreRio Tinto said yesterday it had completed the sale of Alcan’s packaging, pharmaceuticals, tobacco and food divisions to Amcor for $US1.9 billion ($A2.1 billion).
Read MoreShares in AJ Lucas Group fell more than 10% after the company told shareholders to brace themselves for disappointing half-year results.
Read MoreAdelaide-based listed investment group, Argo Investments has joined its peers in reporting interim earnings lowered by the decline in corporate dividend payouts.
Read MoreIt was just the thing the Reserve Bank didn’t want to see a day ahead of its board meeting today.
Read MoreNot even a surprise fall in job ads last month will stop the rate rise today.
Read MoreHas Aristocrat Leisure finally seen off the spate of poor news that has damaged its reputation with investors over the past couple of years?
Read MoreShare investors have entered February with a nasty loss in January to contend with.
Read MoreCommodities had their biggest monthly drop in 13 months in January as the sell-off that started almost two weeks ago, gathered pace late last week.
Read MoreUranium miner Energy Resources of Australia posted record earnings in 2009, thanks to higher world prices finally hitting the bottom line through higher-priced supply contracts.
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