Deals: Axa Says Profit Up, Down, Amcil’s Profit Likewise
AXA Asia Pacific Holdings says it expects first-half operating earnings to rise 5.7% as it continues discussions with the National Australia Bank.
Read MoreAXA Asia Pacific Holdings says it expects first-half operating earnings to rise 5.7% as it continues discussions with the National Australia Bank.
Read MoreThe ongoing merger between the gold mining industries big players, Newcrest and Lihir, has reportedly sparked its first repeat with two smaller miners, Bendigo and BCD Resources (Beaconsfield) expected to reveal wedding plans shortly.
Read MoreChevron continues to push towards getting a second huge WA LNG project on the rails and underway.
Read MoreAs we said in Monday’s Air, the outlook for interest rates will proceed according to a fixed timetable, with the first items on the list happening yesterday with the release of the minutes of the July 6 RBA board meeting and a speech by Governor Glenn Stevens.
Read MoreDepartment store group, David Jones has pulled out of a major shopping centre in the second decision of its kind in the past couple of weeks.
Read MoreShares in telecommunication services group, M2 Telecommunications Group are within sight of their all time high after a strong upgrade and outlook for sales and earnings for the June, 2011.
Read MoreIluka Resources saw a sharp improvement in second quarter sales of its mineral sands products.
Read MoreNo wonder the board of private hospital operator and pathology group, Healthscope, have grabbed a rich $6.26 a share takeover offer from private equity firms Carlyle Group and TPG Capital.
Read MoreThe National Australia Bank is persisting with its attempts to buy AXA Asia Pacific Holdings, in the face of its continuing inability to get a deal that will make the competition regulator, the ACCC, happy.
Read MoreMelbourne-based listed investment company, Djerriwarrh Investments (DJW) Ltd has posted a lower annual profit of $25 million for the June 30 year, down on a revised result from last year due to lower dividends.
Read MoreThe proposed $700 million Tropicana gold project of AngloGold Ashanti in Western Australia is a step closer to happening after the project got the greenlight from the state’s Environmental Protection Authority (EPA).
Read MoreShares in Sundance Resources naturally fell yesterday after a month long suspension in the wake the death of its entire board in a plane crash in Africa.
Read MoreIn view of the election campaign, some important dates for investors to be aware of.
Read MoreNormally it’s a profitable trade: buy commodities or derivatives based on them, and when the US dollar weakens, watch commodity prices rise as the greenback sells off.
Read MoreA slumping US dollar, weak gold and oil, poor US consumer sentiment, weak quarterly reports and low inflation.
Read MoreWe’ve seen the outline for the coming election campaign in Australia, starting with the RBA minutes tomorrow, but the key event in the week for global markets will be the release of the stress tests of 91 major European banks.
Read MoreMiner OZ Minerals says it has lifted its annual gold production guidance after higher than expected production in the June quarter.
Read MoreThe Chinese Government appears to be successfully slowing the economy and the hot housing sector without too much danger of a crunch.
Read MoreNow we know just how pessimistic the Federal Reserve has become about the American economy.
Read MoreIt’s no wonder growth expectations among big global and regional institutional investors have slumped in recent months.
Read MoreThe takeover plays involving Healthscope and Sigma Pharmaceuticals are now looking a bit doubtful.
Read MoreAgricultural chemicals supplier Nufarm is in trouble after its shares plunged 28% in trading yesterday after Wednesday’s profit warning shock, and the news yesterday that it had breached a loan covenant.
Read MoreA mixed bag of comment from Rio Tinto in its second quarter and first half production report issued yesterday.
Read MoreAnd, after a couple of weak months, consumer confidence has rebound strongly in July.
Read MoreThe federal government is now forecasting a $3.1 billion budget surplus in three years’ time, larger than the $1 billion estimate in the May budget.
Read MoreSingapore enjoyed better than expected economic growth in the second quarter, according to government data published yesterday, a move that saw an upgrade to the official 2010 growth forecast.
Read MoreAGL Energy’s move to buy explorer Mosaic Oil NL for around $130 million for a big hole in Queensland will succeed.
Read MoreThe Chinese government has laid down the law to the country’s property and steel industries, and in doing so caused consternation in the stockmarket.
Read MoreMeanwhile, mineral sands miner, Iluka Resources, has warned that rutile production at its Murray Basin stage 2 project in Victoria will be lower than previously forecast.
Read MoreEnergy Resources of Australia shares fell more than 4% yesterday after it reported a 36% slump in first-half uranium oxide production and warned the market to expect full-year output to be down by at least 18% on 2009.
Read MoreThe National Australia Bank says business confidence and conditions were mixed in June.
Read MoreA big day yesterday for earthmoving equipment provider, Emeco Holdings.
Read MoreMore signs of China’s slowing, but confirmation that the South Korean economy is doing better than previously thought.
Read MoreThe board of Mirrabooka, the Melbourne-based listed investment company, has made a big call.
Read MoreInvestors are back driving the home loan market as they seek to capitalise on the six rate rises from the Reserve Bank.
Read MoreThe chances of Sigma Pharmaceuticals getting a workable takeover offer from South Africa’s Aspen Pharmacare seem to be receding.
Read MoreMixed news for surf wear retailer Billabong from North America where it has two deals on the go.
Read MoreThe iron ore boom powered by China is cooling, holding out the prospect that if it continues, Australia’s current boom will take a hit in coming months.
Read MoreChina’s trade surplus jumped sharply in June, a development that will get all the American loudmouths yapping again about an undervalued currency.
Read MoreGlobal stocks rose on Friday, recording their best week in nearly a year, as risk aversion eased.
Read More