Woolworths has been cleared by the ACCC to buy small hardware retailer and distributor, Danks Holdings to use as the basis for its move into the sector in partnership with US hardware...
- Australasian Investment Review
Thursday November 12, 10:43 AM
Fletcher Building Ltd, one of the biggest building products group in Australasia, is extremely cautious about the outlook and is worried that it faces another year of profit pressures if there's not...
- Australasian Investment Review
Thursday November 12, 10:41 AM
Ten days on and Myer has yet to touch its listing price of $4.10, despite a couple of very solid days trading in the market and a not so bad day yesterday. The overall market is up around 5% in...
- Australasian Investment Review
Thursday November 12, 10:40 AM
The economy is blooming after what the National Australia Bank said yesterday was a ''remarkable' rise in confidence, and a big positive rise in conditions in October. On Monday...
- Australasian Investment Review
Wednesday November 11, 10:20 AM
While the economy looks better than it did even a month ago, according to the NAB, a much broader base of demand is emerging. But that continuing improvement won't be without some...
- Australasian Investment Review
Wednesday November 11, 10:19 AM
Revenue and earnings at Fairfax Media remain under pressure, despite a small rise in activity in recent months. Shareholders at yesterday's noisy AGM in Sydney were told (before all the action...
- Australasian Investment Review
Wednesday November 11, 10:16 AM
Insurance Australia Group is to get a new chairman in 2010, which might be just about when the insurer starts coming out of its self-induced earnings coma of the past three years. The group's AGM...
- Australasian Investment Review
Wednesday November 11, 08:17 AM
Electrical goods importer and distributor Breville Group has upgraded its full year earnings guidance and as it starts fighting off the takeover offer from rival appliance group, GUD Holding...
- Australasian Investment Review
Wednesday November 11, 08:14 AM
Last week it was a $6.8 billion joint bid for Transurban, the big toll road operator, from two large Canadian pension managers that made local investors sit up and think about further takeover...
- Australasian Investment Review
Tuesday November 10, 10:28 AM
Strangely, after an early flurry, the bullish first quarter update from the Commonwealth Bank failed to keep investors very interested in the sector yesterday as the day's trading went on. News of...
- Australasian Investment Review
Tuesday November 10, 10:26 AM
Once again, the final dividend policy of a major industrial has given us a clue as to how the group sees the outlook for the coming year. Higher dividend means confidence, no change, cautious,...
- Australasian Investment Review
Tuesday November 10, 10:25 AM
The falls in on line and newspaper job ads for the first time in three months last month is not an end of the world occurrence, or worthy of leading TV or radio news bulletins, as the yarn did...
- Australasian Investment Review
Tuesday November 10, 10:23 AM
Coal hopeful, Rocklands Richfield said yesterday that a higher offer from Jindal Steel & Power of India isn't superior to a $154 million bid from China's Meijin Energy...
- Australasian Investment Review
Tuesday November 10, 10:22 AM
Gold futures finished at a record close on Friday, after earlier topping $US1,100 an ounce for the first time. It was an historic week for the metal. Traders expect it to go back above...
- Australasian Investment Review
Monday November 9, 10:25 AM
A much quieter week for markets here and offshore, with only Chinese economic data for October likely to be important enough to have a serious impact on sentiment. But the figures on Chinese...
- Australasian Investment Review
Monday November 9, 10:23 AM