Stocks Archive
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Reserve Bank of Australia Cuts Interest Rates
Posted on November 1, 2011 | No CommentsAmid concerns over the global economy the RBA announced today that it had cut the benchmark interest rate by one quarter of a percentage point to 4.50%. The reduction in... -
Qantas Shares Rise
Posted on October 31, 2011 | No CommentsQantas shares defied all odds this morning when they opened higher despite the on-going dispute with workers unions. Saturday morning Qantas CEO Alan Joyce took the drastic measure of grounding... -
Macquarie Cut Earnings Forecast
Posted on September 7, 2011 | No CommentsAustralia’s largest investment bank, Macquarie Bank announced the company expects H1 profit to be down year-on-year. Macquarie has seen earnings in fixed income, currencies and commodities divisions signficantly decrease due... -
BOW Energy Takeover
Posted on August 22, 2011 | No CommentsQueensland Coal Seam Gas explorer, Bow energy has become the latest mid-cap gas company to be subject of a takeover offer. Arrow Energy (Owned by Royal Dutch Shell and Petrochina)... -
Newcrest Record Impressive Profit
Posted on August 15, 2011 | No CommentsAustralia’s largest Gold miner, Newscrest Mining yesterday delivered a full year profit of $903 million, which is a 63% increase from the corresponding period last year. Newcrest said the successful... -
JB Hi-Fi’s Net Profit Falls
Posted on August 9, 2011 | No CommentsElectronics retailer JB HI-Fi has reported a loss in Net profit for the 12 months to June 30, 2011. JB saw profit fall almost $9 million to $109.7 million due...