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ASX slips, led by banks, as investors reassess the market

2015-03-04 08:13:47| Automakers - Topix.net

Commonwealth Bank of Australia lost 0.9 per cent off the value of its shares on Wednesday, to $91.13. Photo: Getty Images The sharemarket continued its backward march after the central bank's surprise decision to keep rates on hold, with banks, miners, property trusts and Telstra leading the drop, but healthcare shares rose above the slide.

Tags: the market led banks

 

Update 2-Mideast Stocks-Saudi Arabia edges up, Egypt slips ahead of election ruling

2015-03-01 21:24:40| Chemicals - Topix.net

Saudi Arabia's main index edged up 0.2 percent as petrochemicals giant Saudi Basic Industries climbed 0.2 percent after oil prices rallied on Friday. Al Rajhi Bank, which will pay a 0.5 riyal per share dividend on Monday, edged up 0.5 percent.

Tags: update ahead egypt election

 
 

CIBC Raises Dividend as Profit Slips

2015-02-26 15:11:45| Grocery - Topix.net

Canadian Imperial Bank of Commerce raised its quarterly dividend as its fiscal first-quarter profit fell 22% on lower profits from its retail and business banking operation.

Tags: profit raises dividend slips

 

Deere profit slips, but tops Street 1Q forecasts

2015-02-20 14:14:26| Industrial Machines - Topix.net

Deere's first-quarter profit declined, hampered by softer demand for agricultural machinery. Its performance topped analysts' expectations, but its 2015 guidance appeared to disappoint.

Tags: street profit tops forecasts

 

Japan's SoftBank third quarter profit slips 5.9 percent, no end to Sprint costs

2015-02-10 08:58:59| IT Services - Topix.net

Japan's SoftBank Corp said on Tuesday its third-quarter operating profit slid 5.9 percent, missing estimates, as the ambitious mobile telecom firm continues to soak up the cost of trying to turn around loss-making U.S. unit Sprint Corp. SoftBank, which took over the number 3 U.S. carrier for more than $20 billion in 2012, said October-December operating profit was 191.39 billion yen , down from 203.46 billion yen a year ago. That trailed the 219.08 billion yen average of five analysts' estimates compiled by Thomson Reuters StarMine.

Tags: to end costs percent

 

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