2015年3月18日 星期三

2015-03-19 Australia Business


Brisbane Times
   
UPDATE 2-Australia's Myer sees fifth year of profit decline, shares slump   
Reuters
... * Full year profit seen at A$75-80 mln vs A$98.5 mln a year ago. * H1 net A$62.2 mln vs A$71.5 mln consensus. * Shares tumble 9 pct but are up 1 pct for year to date. * Not yet considering store closures - CEO (Recasts and adds comments from CEO, fund ...

Myer pledges 'courageous' action after surprise double-digit downgrade   Sydney Morning Herald
Myer's new CEO Richard Umbers faces baptism of fire   ABC Online
Richard Umbers faces huge task as Myer loses its way   The Australian Financial Review
MuMbrella   
The New Daily   
Courier Mail   
all 57 news articles »   


Sydney Morning Herald
   
Rupert Murdoch's News Corp takes 14.9pc stake in APN as Independent News ...   
Sydney Morning Herald
Rupert Murdoch's News Corp has taken a 14.9 per cent stake in APN News & Media after the trans-Tasman newspaper and radio group's two largest shareholders sold out of the company for about $300 million. Fairfax Media understands that News Corp has ...

30pc of APN News & Media sold in $300m block trade   The Australian Financial Review
Ireland's INM exits APN News & Media as $300m in shares change hands   The Australian
Murdoch buys major stake in APN   Sky News Australia
Business Insider Australia   
MuMbrella   
New Zealand Herald   
all 22 news articles »   


Reuters
   
FOREX-Dollar licks its wounds after Fed gores bulls   
Reuters
... * Dollar steadies after its biggest fall vs euro in six years. * Fed statement is far less hawkish than expected. * Some see USD as vulnerable to further correction. By Lisa Twaronite and Ian Chua. TOKYO/SYDNEY, March 19 (Reuters) - The dollar nursed hefty ...

Markets bet RBA will fire rate cut sooner   Sydney Morning Herald
Dollar surges above US78c on US Fed   The Australian
Dollar sags, bonds boom as Fed takes dovish tack   Livemint
THE BUSINESS TIMES   
Bloomberg   
all 800 news articles »   


Sydney Morning Herald
   
Markets Live: ANZ now a $100b stock   
Sydney Morning Herald
2:03pm: Here's the slightly belated midday recap of today's session: local shares are on track for their biggest day in five weeks, led by the big banks, after the Federal Reserve suggested it may raise US rates later than previously thought while energy stocks ...


and more »   


Sky News Australia
   
Upbeat manufacturers reluctant to hire   
NEWS.com.au
MANUFACTURERS appear to have finally recovered from the shock of last year's federal budget, although there's still a reluctance to hire staff. THE Australian Chamber of Commerce and Industry-Westpac survey of industrial trends showed business ...

Manufacturers cautious on economy   Perth Now

all 11 news articles »   


ABC Online
   
Oroton profit more than halves, dividend slashed; share slump   
ABC Online
It has been a bad day for shareholders in retailers; with luxury leather and clothing retailer Oroton revealing a slump in profitability and slashing its dividend. Oroton's first-half profit dropped to $2.2 million dollars, down 57 per cent from the same period last ...

OrotonGroup slashes interim dividend after net profit falls 57pc   The Age
Oroton's profit falls 57% on establishing Brooks Brothers and GAP in Australia   Business Insider Australia
Stocks to watch   Trading Room
Sky News Australia   
all 17 news articles »   


Sydney Morning Herald
   
RCG Corp confirms $200m deal to buy Accent Group   
Sydney Morning Herald
ASX-listed shoe group RCG Corporation has confirmed it will pay around $200 million to buy New Zealand's Accent Group, the owner of the retail chain Platypus Shoes and the distributor and retailer of big name brands including Vans, Sketchers and Dr ...

Retailers' numbers just not cricket   The Australian
Athlete's Foot owner has cornered the Australian shoe business with the ...   Business Insider Australia
RCG buys Accent Group for $200m   Herald Sun
Proactive Investors Australia   
Motley Fool Australia   
all 16 news articles »   


ABC Online
   
Melbourne Cup Carnival brings in millions of dollars to Victoria's economy in ...   
ABC Online
Victoria's Melbourne Cup Carnival added $195 million to the state's economy in tourism revenue last year, an increase of almost 10 per cent on 2013 figures. More than 46,000 interstate tourists and 7,700 visitors from overseas came to Melbourne for the 2014 ...

Melbourne Cup carnival's record economic benefit of $374m   The Australian
Record economic benefit from Melbourne Cup - Yahoo7   Yahoo7 News
Cup carnival injects $374 million   Racing.com

all 7 news articles »   


The Australian Financial Review
   
RBC casts new doubt on Mike Baird's $13b power sale   
The Australian Financial Review
NSW premier Mike Baird's prediction that he can raise $13 billion from the sale of the state's electricity network has been put in doubt a second time, after investment bank RBC Capital Markets valued them at between $8.9 billion and $11.3 billion.
Baird tries to win back trust in Hunter, Central Coast   Sydney Morning Herald
Baird must come clean on UBS note: Foley   NEWS.com.au
NSW govt launches Hunter charm offensive   9news.com.au
The Daily Telegraph   
The Conversation AU   
all 86 news articles »   


Sydney Morning Herald
   
Second time lucky for Study Group as Vocation sells Endeavour for $75m   
Sydney Morning Herald
Embattled education group Vocation has cut loose one of its best performing businesses in a bid to ensure the survival of the mother ship, selling the Endeavour College of Natural Health for $75 million to British-based global company Study Group. Ironically ...

Vocation flags third asset sale   The Australian
Vocation continues to sell businesses   TheBull.com.au

all 7 news articles »   

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