Shares in metal basher, Bradken Ltd jumped by more than 11% yesterday after the company boosted interim dividend 30% and told the market it saw better times ahead. The shares rose 68 cents to...
- Australasian Investment Review
Wednesday February 10, 10:22 AM
Two very different results from the still tough property sector. Australand Property Group saw a fall in profit from operations in the year to December, and reported a bottom line loss after asset...
- Australasian Investment Review
Wednesday February 10, 10:19 AM
Alcoa associate, Alumina, has reported a net loss for 2009, missing market expectations for a profit, thanks to a deeper impact from the global slump in aluminium demand last year. But despite...
- Australasian Investment Review
Wednesday February 10, 10:18 AM
Our market is down 28. The SFE Futures were down 31 this morning. Wall Street fell 103 overnight and closed below 10,000 for the first time in 3 months. It is 11 years since the Dow Jones first hit...
- Australasian Investment Review
Tuesday February 9, 12:49 PM
What a way to ruin an upbeat sales and earnings story. JB Hi-Fi CEO, Richard Uechtritz revealed yesterday that he was stepping down mid year, a move that sent the share price south by more...
- Australasian Investment Review
Tuesday February 9, 10:24 AM
So that's about it for the AMP and its ambitions to take over rival, AXA Asia Pacific Holdings, with Axa's French parent, AXA SA. The AMP said yesterday that it's considering its position in...
- Australasian Investment Review
Tuesday February 9, 10:21 AM
Virgin Blue's earnings upgrade last week won upgrades yesterday from two leading investment banks and brokers. In a statement, the airline said it estimated its net profit before tax and...
- Australasian Investment Review
Tuesday February 9, 10:20 AM
Some more good news from the resources sector. Gold miner Avoca Resources says it is now expecting a maiden first half pre-tax profit of $40.5 million. The Perth-based company said...
- Australasian Investment Review
Tuesday February 9, 08:19 AM
Are things economic a bit better than markets now think? Just as markets fret and worry about the health of the global economy, and especially countries like Greece, Italy, Spain, the UK and...
- Australasian Investment Review
Monday February 8, 10:02 AM
Commodities are taking the brunt of the selling. Oil, gold and copper were all weak late last week as investors took their profits and headed for the safety of US dollar investments, which in turn...
- Australasian Investment Review
Monday February 8, 10:00 AM
So what are we to make of the sell down in global markets? Will it have an impact on the Australian economy? The Reserve Bank is wary, but says China will be more important to the health of our...
- Australasian Investment Review
Monday February 8, 09:59 AM
Shares in retailer Harvey Norman fell as much as 3% on Friday after the company reported a 4% increase in first-half sales and reaffirmed first half profit guidance for a rise of more than...
- Australasian Investment Review
Monday February 8, 09:57 AM
Retail sales fell, but building approvals remained strong in December, especially for private houses, a sign the building and home owning boom still has some way to run. Both figures will have no...
- Australasian Investment Review
Friday February 5, 10:59 AM
Shares fell 2% and more in some cases, commodities were sold off and currencies fell as the US dollar jumped as worries about the YUS economy and European sovereign debt hit markets overnight. This...
- Australasian Investment Review
Friday February 5, 10:57 AM
BHP Billiton and Rio Tinto produce results next week that will once again confirm that they are riding the China boom for all they can get. Even though the profits will be lower than the...
- Australasian Investment Review
Friday February 5, 10:04 AM