Midday Market Roundup 08/08/08 The market is down 25 (down 72 at worst) following the Dow wiping-off nearly an entire week of gains. Seems the cred ... read more
Bears & Rates
It’s now a year since the US sub-prime mortgage crisis really hit with a vengeance. Shares have recently made new ... read more
Midday Market Roundup 07/08/08 The market is up 8. An unremarkable day. Financials down 0.7% after a dull performance overnight in the US. Resource ... read more
Recessionary Fears Weigh On Wesfarmers’ $4 Billion
The global sub-prime crisis and this week’s recessionary fears have rehashed concerns about Wesfarmers' (WES) ability to refinance almost $4 billion in debt by October, with the ... read more Aluminia Cuts Underlying Earnings Forecast
Shares in aluminium producer, Alumina (AWC) fell on Thursday after the company said it cut its underlying earnings for financial year 2007 to $409 million from previously estimat ... read more ASX Falls On US Recessionary Fears
Last updated at 1:30PM AEST January 7.
The Australian stock market has opened significantly lower today following a tumble on Wall Street last Friday, as a sharp rise ... read more
Bears & Rates
It’s now a year since the US sub-prime mortgage crisis really hit with a vengeance. Shares have recently made new lows indicating the ride remains harrowing for investors.
The ... read more Economy Slumping: Rate Cut Needed?
The Australian economy is in danger of slowing to the point where it drops into what's called a growth recession, where a weak and sluggish domestic economy is only supported by ... read more Why The Slowdown Is Happening
Things have been pretty good for the Australian economy over the last 15 years.
The last recession is a distant memory, profit growth has been solid for years and until ... read more
$708 Million Write-down Good News For Tabcorp?
Signs of support for Tabcorp Ltd yesterday, with the shares up a solid 6% or more, despite reporting a loss of $164.6 million because of the Victorian government's decision n ... read more Asciano Comes Clean On Distributions
Life will not be the same again for ports and transport group, Asciano.
This week's opportunistic grab from TPG and a partner for control at a lowball $4.40 a share was a ... read more Hills’ Final Profit Liked
The market liked the modest improvement in earnings for Adelaide-based Hills Industries with the shares up 3.9% (slightly better than the overall rise in the market) or 13 ce ... read more
Nickel Price Falls Takes Its Toll
Two results yesterday, one in Australia and one in Indonesia, should give those resource bulls some food for thought, especially for nickel mining stocks.
Times are tough: ... read more BHP Writes: Dear Rio Shareholders…
Rio Tinto shareholders are receiving an introductory letter from BHP Billiton Chairman Don Argus, five months or so after BHP finally pressed the go button and launched its 3 ... read more Milton/Lihir
Listed investment company Milton Corporation seems to have done a bit better than its rivals, like Australian Foundation Investment Co.
Milton said net profit after signif ... read more
Rates On Hold As Economies Look To Slide
A year after the crunch hit, the world economy is looking tattered around the edges and growth is searching for new lows.
Inflation and unemployment are both on the rise a ... read more The Economy: Now For Jobs
Yesterday poor housing finance figures added to the downward pressure on official interest rates, so what happens with today's jobs figures for July?
The market consensus ... read more WAN, Seven Shares Down
Shares in West Australian Newspapers slumped after the company's earnings fell short of forecasts and it sounded a cautious tone about its outlook for advertising revenue.
... read more
Qantas Booms, Your Say On That Bid
And finally, apart from last year's Telstra T3 sale nothing has generated reader reaction like the Qantas bid did. Thankfully
it is over but Qantas can benefit from the experien ... read more Your Say On TLS, Drought, Interest Rates And More
A mixed group of comments from T3, to the drought, to the Rinker battle and several other situations.Here’s a selection of the best comments from the last two week’s comments on ... read more Air Blog
Telstra remains the big issue for the Air Blog commentary and this week it was joined by the drought.Here's a selection of the week's postings.Watch The Drought: the Yanks Are!By ... read more
