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Markets Live: 6000 still too big a hurdle
2015-03-23 09:29:15| Oil & Gas - Topix.net
Shares once again reverse an early drive towards 6000, with gains in the miners offset by drops in the big banks, while retailer Premier's shares surge on a special dividend. Shares in RCG have soared to an all-time high after the footwear retailer raised cash to help pay for its takeover of Accent Group for close to $200 million .
Markets Live: ASX gets the wobbles
2015-03-10 06:36:35| Grocery - Topix.net
Shares are struggling to hold on to the day's gains with strength in the big banks, Telstra and CSL offset by falls in QBE and resources, while the Aussie dollar approaches multi-year lows. Way out in front is Myer with a whopping 19.4 per cent short position , which shouldn't surprise, really, given the fact a new MD routinely carries out the trash in the first few months of taking over.
Tags: live
markets
asx
wobbles
Markets Live: ASX gets the wobbles
2015-03-10 06:11:42| Biotech - Topix.net
Shares are struggling to hold on to the day's gains with strength in the big banks, Telstra and CSL offset by falls in QBE and resources, while the Aussie dollar approaches multi-year lows. Way out in front is Myer with a whopping 19.4 per cent short position , which shouldn't surprise, really, given the fact a new MD routinely carries out the trash in the first few months of taking over.
Tags: live
markets
asx
wobbles
Markets Live: US rates talk spooks
2015-03-09 02:29:13| Grocery - Topix.net
The local sharemarket slumps, shaving another $16 billion off the value of local stocks, as global investors brace for an earlier rise in US interest rates, which has also led to a plunge in the Australian dollar. Local investors have been caught up in the volatility that pummelled global markets on Friday night, with around $16 billion wiped off the local sharemarket this morning.
Markets Live: Shares to drift lower
2015-03-04 00:04:39| Grocery - Topix.net
Shares are poised to follow Wall St down at the open as investors look to this morning's GDP data, while Rio and QBE trade ex-dividend. Myer shareholders are bracing for a sharp fall in earnings and big asset write-downs and provisions over the next few years as the new management team embarks on a multi-year transformation plan to reshape the 115-year-old department store chain.
Tags: live
lower
markets
shares
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