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Markets Live: ASX slips on oil
2014-12-01 01:15:27| Grocery - Topix.net
The sharemarket has opened slightly lower, led down by energy stocks after another bruising session for global oil prices, while Metcash takes a beating over this morning's profit warning. Capital city house price growth continued to slow in November , with only Sydney, Brisbane, Perth and Hobart showing any month-on-month advance, according to the latest report from CoreLogic RP Data.
Markets Live: ASX to slip on oil
2014-12-01 00:15:31| Grocery - Topix.net
Investors are bracing for further losses at open of trade as the oil price continues to plunge, ahead of key Chinese manufacturing data at midday. Metcash's first-half underlying net profit fell 9 per cent to $101.7 million as the grocery, liquor and hardware wholesaler cut grocery prices and spent more on marketing to drive sales growth.
Markets Live: S&P peaks, ASX slides
2014-11-21 13:52:32| Agriculture - Topix.net
Shares fall despite Wall Street setting new records, as gains in miners and energy stocks are offset by losses in banks and Wesfarmers, putting the ASX on track for a weekly loss of 2.5%. Chinese demand for Australian resources is likely to stay strong over the long run as the Asian giant continues to urbanise and mature into a consumer-led economy, a top central banker says.
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Markets Live: Woolies offsets miner gains
2014-11-21 01:28:45| Agriculture - Topix.net
Shares are off to a disappointing start, falling despite Wall Street setting new records as gains in miners and energy stocks are offset by more falls in Woolworths and Wesfarmers. The market hates surprises, and Cardno's disclosure that December half earnings would fall year on year certainly isn't a surprise , given the pain the mine services end of the market has been going through for the past 18 months or so.
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miner
Markets Live: Woolies offsets miner gains
2014-11-21 01:28:44| Agriculture - Topix.net
Shares are off to a disappointing start, falling despite Wall Street setting new records as gains in miners and energy stocks are offset by more falls in Woolworths and Wesfarmers. Western Sydney Wanderers owner Paul Lederer and private equity firm Affinity have sold ham, bacon and smallgoods producer Primo Smallgoods to Brazilian food giant JBS for $1.45 billion.
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