Updates: Campbell, BHP Billiton, Harvey Norman, Premier, Brickworks
Brisbane-based Campbell Brothers expects full year net profit to be in the range of $200 million to $220 million, after reporting a 54% jump in first half profit.
Read MoreBrisbane-based Campbell Brothers expects full year net profit to be in the range of $200 million to $220 million, after reporting a 54% jump in first half profit.
Read MoreIt’s not quite clear why Qantas shares rose strongly yesterday.
Read MoreSo is this the "Big Bazooka" than many have said that Europe needs to convince sceptical markets that the eurozone crisis can be controlled and conquered?
Read MoreIt was good timing for Rio Tinto to hold its quarterly investor update yesterday; the bounce on markets on reports of moves to try and fix the eurozone crisis offset an escalation in warnings from the company about the impact of the volatility on customer demand and sales.
Read MoreAccording to Bloomberg, last week was the worst Thanksgiving week for US markets since 1932, when the Depression deepening after a string of bank collapses sent economies around the world plunging into a deep freeze.
Read MoreCould this be the crucial week for the euro, the eurozone and financial stability in Europe and the rest of the global economy?
Read MoreA train crash sort of week ahead?
Read MoreWhat a contrast.
Read MoreIn late October there seemed to be room for optimism that Europe was going to head off a worst case blow up and that a “comprehensive” plan would be in place by the early November G20 leaders’ forum.
Read MoreAs global liquidity dries up, gold and silver prices remain under downward pressure from investors selling off positions to go to cash and head for safety in the US dollar.
Read MoreProperty developer Stockland says it’s still on track to match 2010-11 earnings per share figures, despite a slow start to the current financial year.
Read MoreGlobal and Chinese crude steel production slowed in October to their lowest levels in 10 months, figures from the World Steel Association this week confirmed.
Read MoreMarkets were rattled yesterday by the news that Chinese manufacturing activity contracted sharply this month to a 32-month low.
Read MoreThe World Bank is more optimistic about China’s prospects than some of its putative leaders.
Read MoreBlueScope Steel, which will get hundreds of millions of dollars money under the carbon tax in compensation and free permits for the steel industry, has surprised investors by launching an ”accelerated "fund raising to cut debt.
Read MoreUS and European stocks were hammered on Monday, after Moody’s Investors Service issued a dire warning on French bonds, and Asian markets were dampened by pessimistic remarks made by a high-ranking Chinese official.
Read MoreAn unexpected trade deficit in October for Japan, thanks to a surge in expensive energy imports, such as LNG, while exports fell for the first time in three months.
Read MoreOil grabbed the attention last week in New York with the first move above the $US100 a barrel mark for the first time in four months
Read MoreOnce again it’s going to be events in Europe, plus the US which will dominate financial markets this week.
Read MoreDespite all the claims and counter claims about global warming, carbon taxes, and new sources of ‘green’ energy, one thing continues to standout when you look at the global energy scene: Australia is sitting pretty.
Read MoreWe had two very different outlooks from companies at opposite ends of the current corporate ladder in Australia.
Read MoreIn contrast to the caution at the BHP meeting, the upbeat nature of Thursday’s strategic briefing from Goodman Fielder’s newish CEO, Chris Delaney, was at odds with the company’s lacklustre performance.
Read MoreThere was a clear sense of ‘flight’ by some of the world’s biggest investors in the November Bank of America Merrill Lynch survey of global fund managers.
Read MoreThe National Australia Bank says the outlook for Australia’s manufacturing industry is bleak with output falling by almost 1% in the September quarter.
Read MoreThe contrast yesterday on global markets was dramatic: in Europe another spike in market interest rates renewed pressure on Italy, Spain, the euro and the eurozone itself.
Read MoreThe shape of the new prudential management system for Australia’s banks and financial system generally is taking its final shape and should be finalised next year.
Read MoreShares in Melbourne-based industrial services company Spotless Group Ltd closed up a few cents yesterday, after media reports claimed that it was about to get a second approach from a private equity group.
Read MoreSome commentators would have you believe that the country’s banks are about to fall on hard times as the eurozone problems lift the cost of money and make life generally tougher for financial stocks.
Read MoreWe learned nothing really significant from the minutes of the Melbourne Cup meeting of the Reserve Bank board which cut interest rates by 0.25%.
Read MoreFertiliser and explosives maker Incitec Pivot delivered a 20% jump in annual profit yesterday but sees a much slimmer rise this year.
Read MoreDuluxGroup shrugged off the impact of floods, a sluggish building industry and weak retailing to report a solid 13% rise in underlying net profit for the September 30 year to $77.6 million.
Read MoreAs expected, the Japanese economy rebounded sharply in the September quarter, ending the recession thanks to the impact of the early reconstruction efforts after March’s devastating earthquake and tsunami.
Read MoreItaly is due to auction three billion euros of five-year government bonds tonight our time, an event that will tell us much about how the market sees the weekend changes in the country’s government and leadership.
Read MoreAustralian shares are expected to start the week higher with the futures market pointing to a 1% gain when trade resumes today.
Read MoreEurope will again dominate the coming week (see the first story), but there other issues we should be alert to, such as the approaching deadline for US to find more than a trillion dollars of spending cuts by November 23, the day before Thanksgiving.
Read MoreThe outlook for Europe is worsening by the day, it seems, despite a steadying in markets overnight Thursday.
Read MoreChinese crude steel output has fallen nearly 10% since last May as the slowdown in Australia’s most important export partner continues.
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