RAMS Shakes Market

For all the fear and loathing there was yesterday in the wake of the announcement by newly-listed mortgage group, Rams, that its earnings would be materially impacted by the subprime mess in the US, its been obvious for quite a while that there was an impact here.

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What The RBA Said

The Reserve Bank's open-ended warning on interest rates breathed life into the Australian dollar, boosting it past the 85 USc mark as the punters and other speculators climbed back in the saddle after last week's nasty fall.

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WES-Coles, Brambles

All but married would have to be the bottom line after the market reaction to the news that Wesfarmers would pay fully franked dividends of more than $2 a share ($1.50 in 2006) for at least two years, and would be giving Coles Group shareholders flexibility to mix and match the proposed offer.

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DJS Sales Surge

Another reason perhaps for the RBA wiping its brow and saying 'whew we got the rise in just in time', can be found in the confirmed fourth quarter sales figures from leading department store retailer, David Jones.

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PRY: What About Symbion?

Forget the reasonable profit result – all media and analysts wanted to know from Primary Healthcare and its major shareholder and CEO, Dr Ed Bateman – was ‘what about Symbion?' And all the company had to say was summed up in a slide in its presentation.

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Behind The Air Fares War

There is a war going on at the moment, and it's one you may or may not be aware of. We don't mean the war on Iraq. It isn't the Labor war against John Howard, or John Howard's attacks on Kevin Rudd. Why, we aren't even referring to the new war against smoking…

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RIO Misses Mark

Not the most positive start to the 2007 earnings season with mining giant Rio Tinto revealing a disappointing 14.3% drop in first half net profit, thanks to higher cost pressures and lower returns from copper and coal.

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