AIR Midday Market Roundup
The market is down 66. The SFE Futures were down 45 this morning. Wall St. down 94 overnight. The Dow was down 1 at best and down 170 at worst. Biggest fall in a month. Economic figures were in line...
Australasian Investment Review -
Friday November 20, 2009, 10:59 am
Singapore Out Of The Red, Sees Growth in 2010
Singapore now sees its economy solidly back in the black in 2010 after confirming that it grew strongly in the third quarter. The country's Trade and Industry Ministry issued a flash third...
Australasian Investment Review -
Friday November 20, 2009, 8:14 am
Brambles Sees Lower Revenues
Brambles has changed CEOs and other senior managers and now the market is changing Brambles' outlook to one not so rosy. The company told yesterday's AGM in Melbourne that group sales for...
Australasian Investment Review -
Friday November 20, 2009, 8:05 am
Gold To Go Higher, But Be Careful
More records for the gold price this week as the futures price reached over $US1,150 an ounce. Of course the rising value of the Australian dollar continues to clip those gains for local...
Australasian Investment Review -
Friday November 20, 2009, 8:01 am
US Still Fragile
Another week for the US economy in which statistics, speeches and interviews, all underlined just how tough it is going to be in the world's biggest economy for the next year or more. In...
Australasian Investment Review -
Friday November 20, 2009, 12:13 am
Resources Boom Bounces Back
The return of the resources boom was again confirmed by the news yesterday that the value of mining and energy projects under development in Australia had jumped 40% from April to October...
Australasian Investment Review -
Thursday November 19, 2009, 8:46 am
Macarthur Coal Faces Tough Half
Macarthur Coal warned yesterday that it faces a huge drop in profit, but the news should be viewed very carefully. The AGM in Brisbane was told yesterday the company faces a sharp drop in...
Australasian Investment Review -
Thursday November 19, 2009, 8:45 am
High Aussie Dollar Hits Emeco
Heavy equipment group, Emeco Holdings has revealed what appears to be a small earnings downgrade in guidance issued at yesterday's AGM in Sydney. The about-to-leave CEO, Laurie Freedman told the...
Australasian Investment Review -
Thursday November 19, 2009, 8:44 am
AWB Loss/Patties Foods Upgrade
AWB Ltd has joined the ranks of rural groups cleaning up their financial house by revealing big write-downs and a big red bottom line. The company yesterday revealed a full-year loss because...
Australasian Investment Review -
Thursday November 19, 2009, 8:43 am
Public Sector Boosts Wages
Nothing at all for interest rates from the September quarter Labour Price Index from the Australian Bureau of Statistics except to say that once again the public sector has been very generous with...
Australasian Investment Review -
Thursday November 19, 2009, 8:42 am
Small, Medium Business More Confident
The National Australia Bank's latest quarterly survey of confidence and conditions for small and medium businesses has shown a sharp improvement. The rise echoes the big improvement reported last...
Australasian Investment Review -
Wednesday November 18, 2009, 8:33 am
Bad News For Billabong From Big US Retailer
Now, this could be bad news, or rather, unwanted news from the US for Billabong, the big Gold Coast-based surfwear group. One of its major American retail outlets, the huge Pacific...
Australasian Investment Review -
Wednesday November 18, 2009, 8:32 am
AMP Spins The Same Line On AXA Bid
AMP Ltd CEO, Craig Dunn, said yesterday that if a merger with Axa Asia Pacific Holdings Ltd's Australia and New Zealand units went ahead, it would allow the company to improve its scale and cost...
Australasian Investment Review -
Wednesday November 18, 2009, 8:30 am
Centro Properties' US Optimism
Hope springs eternal at Centro Properties Group. The group, which was the first listed casualties of the global credit crunch back in late 2007, says there are signs the retail environment in...
Australasian Investment Review -
Wednesday November 18, 2009, 8:29 am
Rate Rises Will Happen, Month By Month, If Necessary
Australia faces regular speculation about interest rate rises from the Reserve Bank and the banks because the economy is expected to continue growing strongly into 2010. The minutes for the...
Australasian Investment Review -
Wednesday November 18, 2009, 12:35 am
