Retailing: Kathmandu Down On Big Fall, Oroton Punished For Profit Rise
And as we have seen, David Jones wasn’t alone in delivering bad news to investors yesterday.
Read MoreAnd as we have seen, David Jones wasn’t alone in delivering bad news to investors yesterday.
Read MoreDavid Jones hasn’t been competitive with the emerging online retailing sector for years, and in the past six to eight months, its efforts in the analogue retailing space haven’t been too flash either.
Read MoreEven though the RBA says there is "ample scope" to cut interest rates if there is a threat to the health of the Australian economy, the prospects of that threat appearing is on the retreat, according to the minutes of the central bank’s March board meeting.
Read MoreQueensland coal miner New Hope has become an early warner among Australian coal exporters after telling shareholders yesterday that current talks in Japan on thermal coal contracts could impact earnings in the coming years.
Read MoreNow, people are fretting about iron ore exports after BHP Billiton said demand for the steelmaking raw material had "flattened".
Read MoreBrisbane-based mining and environmental testing group Campbell Brothers is back on the takeover trial in a new area of business.
Read MoreShares in department store group David Jones are in a trading halt while the company hammers out the final make up of a new strategy to try and reinvigorate the group after the trading slump seen in 2011.
Read MoreIf you listen to the some of the commentary in Australia and overseas, China is now something of a threat to Australia’s well being, especially with the lower target growth rate of 7.5%.
Read MoreThe Reserve Bank is back on centre stage in Australia this week with a series of public commentaries or speeches planned.
Read MoreNew York gold finished with a tiny gain in after hours trading after losing ground in the normal trading session on Friday night, our time.
Read MoreAnother solid week for markets, even if the finish on Friday night in the US was uneven.
Read MoreAfter a brief flurry of optimism that saw the shares rise yesterday in the wake of the expected fall in interim earnings, Myer shares closed the day down 9c or 3.3% at $2.28.
Read MoreJudging by recent speeches and comments, the RBA is clearly wondering why the value of the Australian dollar hasn’t fallen after that 4.7% dip on our terms of trade in the final quarter of 2011.
Read MoreOn February 14, the Bank of Japan broke with tradition and announced an inflation target of 1%.
Read MoreIt wasn’t a surprise that consumer sentiment fell in the latest survey from Westpac and the Melbourne Institute, nor was it a surprise that housing construction finished 2012 on a weak note.
Read MoreWhen is a billion dollar debt raising not enough?
Read MoreProperty developer Stockland Group yesterday took another move to expand its share buyback by selling another asset to finance the expansion.
Read MoreDays after being rejected by a Kiwi billionaire, is there a new saviour on the horizon for embattled Tasmanian wood products group Gunns and its pulp mill project?
Read MoreBusiness conditions improved a little in February, according to the latest monthly survey from the National Australia Bank, while business confidence fell.
Read MoreLast Friday’s strong jobs report for February and the revisions to December and January (producing nearly 290,000 new jobs in total) saw the US Federal Reserve sit on its hands for another six weeks at least at its latest meeting overnight.
Read MoreSydney-based building products group, Alesco, continues to slim itself with another asset sale.
Read MoreThe move on Canadian grain group Viterra sent shares in Graincorp, our last independent grain group, up sharply yesterday.
Read MoreBehind China’s surprise $US31 billion trade surplus was a surge in demand for key commodities from Chinese industry, a development that will upset plenty of preconceived notions about the strength of Chinese industry and demand.
Read MoreA quieter, less hectic week is ahead of us here and offshore after the flood of data and the triple treat on Friday of the good US jobs data, the successful Greek bond swap and some good inflation figures from China which then reported a huge trade deficit for February on Saturday.
Read MoreA sense that the US economic rebound seems to be strengthening and the Chinese economy has survived its inflationary scare, look like helping the ‘risk on’ rally to continue on global markets.
Read MoreChina had its biggest monthly trade deficit 22 years in February: a massive $US31.5 billion as imports soared.
Read MoreForget all the noise and protests about coal seam gas and fracking in the US, there’s a much more important development at work, one that could change the world as we know it.
Read MoreYesterday’s labour force data from the Australian Bureau of Statistics won’t make the current state of the economy’s health any clearer. They were confusing.
Read MoreInsurance giant QBE and packing multi national yesterday announced expansion deals valued at more than $600 million in Australia, Asia and South America.
Read MoreThe Reserve Bank has made clear that it sees no reason to cut interest rates or force the value of the Australian dollar lower simply to help sections of the economy that are doing it tough at the moment.
Read MoreThe Australian economy slowed in the 4th quarter of 2012, but we still ended up doing better than many other leading economies.
Read MoreNo worries about the ‘dangers’ from a ‘slowing’ Chinese economy yesterday in one high profile deal yesterday involving a major Chinese investment in Australia: the Gloucester Coal merger with China’s state-owned Yancoal Australia.
Read MoreA confident outlook forecast for the Australian rural sector yesterday has already been overtaken by the surprise ban by India on all exports of cotton, a move that has already started sending prices higher.
Read MoreA replay of February in the Reserve Bank interest rate decision yesterday with no change as the cash rate was left at 4.25% and the reasoning much the same.
Read MoreChina aims to grow its economy by 7.5% in the coming year, the last where the current leadership of the country will be in control before being replaced by a new team later in the year.
Read MoreWhile retailing shrinks, car sales remain very buoyant, even after taking into account the extra day in February.
Read MoreCommodity prices eased last week, despite more concerns about Iran and Israel.
Read MoreA breather for global markets at the end of a week when the Greek bailout edged towards finalisation, European leaders said nice things to each other about the economy and oil prices continued to worry investors.
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