Next week the US second quarter profit reporting season starts with Alcoa popping up Wednesday night, our time. While the actual figures will be important, what will be more important will be if...
- Australasian Investment Review
Friday July 3, 10:53 AM
Unemployment in the US and Europe continue to rise to levels not seen for a decade or more. The US Labor Department reported that June unemployed jumped by 467,000, far more than the 325,000-...
- Australasian Investment Review
Friday July 3, 10:51 AM
Another monthly trade deficit with those lazy, hazy days of summer and the big trade surpluses banished by the downturn in iron ore and coal prices, while the slump in imports shows...
- Australasian Investment Review
Friday July 3, 08:50 AM
The market is up 29. We were up 36 at best. The SFE Futures were up 16 points overnight. Dow Jones closed up 57. Dow up 133 at best and up 1 at worst. Lowest volume in 3 weeks on the NYSE ahead of...
- Australasian Investment Review
Thursday July 2, 11:55 AM
Melbourne-based whitegoods group, Clive Peeters seems to be one retailer which missed the stimulus boom. The company is facing a 2009 loss, dividend will be skipped and the outlook is grim with a...
- Australasian Investment Review
Thursday July 2, 10:15 AM
Hastings Diversified Utilities Fund (HDF) went into a trading halt yesterday after deciding against selling assets to raise cash in favour of a $250 million capital raising. It will...
- Australasian Investment Review
Thursday July 2, 08:12 AM
The market is down 87 compared to the 24 point fall the SFE Futures predicting this morning. The market popping 20 points on the end of day match out yesterday hasn't helped our performance this...
- Australasian Investment Review
Wednesday July 1, 12:11 PM
A slow end to a big quarter for global markets, with the big question now, where to next? On Wall Street, the Dow slipped 82.38 points, or 0.97% Tuesday to end the quarter at...
- Australasian Investment Review
Wednesday July 1, 10:30 AM
Oil had a last day burst, to a new 8-month high, then fell sharply to close under $US70 a barrel in New York as new doubts emerged about the greenness of those shoots. Gold ended the...
- Australasian Investment Review
Wednesday July 1, 10:29 AM
Despite the surge in profits at our major retailers, private credit dropped 0.1% in May. David Jones joined Myer and JB Hi-Fi in reporting much better than expected profit rises in the current half...
- Australasian Investment Review
Wednesday July 1, 10:25 AM
Junior iron ore explorer, the Kerry Stokes-controlled Iron Ore Holdings has lifted its Iron Valley mineral resource estimate by 50%. Shares in the company were placed in a...
- Australasian Investment Review
Wednesday July 1, 08:22 AM
The market is up 60. The SFE Futures predicted a 41 point rise this morning. The Dow closed up 91 overnight. Dow up 95 at best and down 9 at worst. US Bonds up again - Bond yields have now fallen...
- Australasian Investment Review
Tuesday June 30, 12:28 PM
All those claims that Rio Tinto's rejection of Chinalco, the Chinese Government-controlled aluminium giant, would see investment from China halted, have proven to be false. Chinese steel...
- Australasian Investment Review
Tuesday June 30, 10:56 AM
Ponzi scheme operator, Bernie Madoff was jailed overnight and will now become the pin up criminal for the credit crunch and recession. Bernie got 150 years in the clink, the maximum and will die...
- Australasian Investment Review
Tuesday June 30, 10:48 AM
Toll Group has entered into a $180 million a three year agreement with Chevron Australia to manage logistical services on the Gorgon gas project on Barrow Island off Western...
- Australasian Investment Review
Tuesday June 30, 10:46 AM