Sydney Morning Herald
Myer to raise $221m to fund $600m turnaround plan as net profit falls 70 pc
Sydney Morning Herald
Myer has announced a $221 million entitlement offer to fund a $600 million, five-year turnaround plan aimed at reversing a 20-year decline in sales and restoring earnings growth after a 70 per cent plunge in bottom line profits in 2015. The long ...
Myer CEO Richard Umbers. Source: News Corp AustraliaHerald Sun
Myer to raise $220m after profit slideThe Australian
New Myer boss Richard Umbers launches $600m turnaround planThe Australian Financial Review
NEWS.com.au
Sky News Australia
Reuters
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Sydney Morning Herald
Myer has announced a $221 million entitlement offer to fund a $600 million, five-year turnaround plan aimed at reversing a 20-year decline in sales and restoring earnings growth after a 70 per cent plunge in bottom line profits in 2015. The long ...
Myer CEO Richard Umbers. Source: News Corp Australia
Myer to raise $220m after profit slide
New Myer boss Richard Umbers launches $600m turnaround plan
Sydney Morning Herald
ASX dividend windfall heading for $81.8bn, defying downgrades
Sydney Morning Herald
Australia's top 200 companies are on track to pay out a record $81.8 billion this financial year, shrugging off earnings downgrades in the wake of a downbeat profit season to boost their returns to shareholders. The forecast dividend total for 2015-16 ...
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Sydney Morning Herald
Australia's top 200 companies are on track to pay out a record $81.8 billion this financial year, shrugging off earnings downgrades in the wake of a downbeat profit season to boost their returns to shareholders. The forecast dividend total for 2015-16 ...
Herald Sun
Stocks dive after China data
The Australian
The Australian sharemarket was down by more than 1 per cent at noon amid a broadbased sell-off across Asian sharemarkets and as investors waited for today's Reserve Bank rates decision. Weak manufacturing data out of China sparked a sell-off on Asian ...
The oil price has bounced back, but the stockmarket is losing ground. Source: AFPHerald Sun
Aust stocks open weakerCourier Mail
Shares open 16.7pts lowerBusiness News
all 45 news articles »
The Australian
The Australian sharemarket was down by more than 1 per cent at noon amid a broadbased sell-off across Asian sharemarkets and as investors waited for today's Reserve Bank rates decision. Weak manufacturing data out of China sparked a sell-off on Asian ...
The oil price has bounced back, but the stockmarket is losing ground. Source: AFP
Aust stocks open weaker
Shares open 16.7pts lower
Sydney Morning Herald
Gordon Cairns' path to enlightenment could be a long one for Woolies investors
Sydney Morning Herald
If Woolworths investors felt a warm inner glow envelop them last night it might just have been the peace and serenity being projected by their newly appointed chairman – Tibetan meditation guru, Gordon Cairns. His serenity took the chairmanship from ...
Why Woolies is a basket caseNEWS.com.au
Aldi to launch 80 stores in Australia by the end of 2016, driving supermarket ...Daily Mail
Opportunity for small business as Aldi plans to open 80 stores in a yearSmartCompany.com.au
Press Examiner
Rapid News Network
Ledger Gazette
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Sydney Morning Herald
If Woolworths investors felt a warm inner glow envelop them last night it might just have been the peace and serenity being projected by their newly appointed chairman – Tibetan meditation guru, Gordon Cairns. His serenity took the chairmanship from ...
Why Woolies is a basket case
Aldi to launch 80 stores in Australia by the end of 2016, driving supermarket ...
Opportunity for small business as Aldi plans to open 80 stores in a year
9news.com.au
RBA tipped to keep rates steady
Herald Sun
The Reserve Bank is expected to look through recent market turmoil and keep the cash rate unchanged for the foreseeable future. All 16 economists surveyed by AAP expect the RBA to keep the cash rate unchanged at its September meeting on Tuesday, and ...
Cash rate likely to remain steadyThe Adviser
Cash rate to remain steadySmart Property Investment
Your 10-second guide to today's rate decisionBusiness Insider Australia
ABC Online
all 104 news articles »
Herald Sun
The Reserve Bank is expected to look through recent market turmoil and keep the cash rate unchanged for the foreseeable future. All 16 economists surveyed by AAP expect the RBA to keep the cash rate unchanged at its September meeting on Tuesday, and ...
Cash rate likely to remain steady
Cash rate to remain steady
Your 10-second guide to today's rate decision
Wall Street Journal
China Factory Activity Slips to Three-Year Low in August, Service Sector Weak
Wall Street Journal
BEIJING—China got another poor picture of its economic health on Tuesday, as an official gauge of manufacturing activity in August slumped to a three-year low while the usually strong services sector showed new weakness. Meanwhile, private gauges of ...
Caixin's China PMI hits more than 6-year lowThe Australian
UPDATE 1- China Caixin factory, service PMIs suggest economic slowdown worseningReuters
Chinese Manufacturing Index Hits Lowest Level Since 2009New York Times
Livemint
ABC News
all 103 news articles »
Wall Street Journal
BEIJING—China got another poor picture of its economic health on Tuesday, as an official gauge of manufacturing activity in August slumped to a three-year low while the usually strong services sector showed new weakness. Meanwhile, private gauges of ...
Caixin's China PMI hits more than 6-year low
UPDATE 1- China Caixin factory, service PMIs suggest economic slowdown worsening
Chinese Manufacturing Index Hits Lowest Level Since 2009
Sydney Morning Herald
Atlas Iron's Ken Brinsden steps out of executive director role to save costs
Sydney Morning Herald
Atlas Iron's Ken Brinsden has stepped back from his executive director role at the Pilbara iron ore miner just a few months after vacating his position as managing director. As foreshadowed by The Australian Financial Review's Street Talk, Mr Brinsden ...
Atlas' Brinsden move to non-exec roleThe Australian (blog)
Atlas Iron reshuffle executive teamSky News Australia
Atlas iron makes executive changesBrisbane Times
all 19 news articles »
Sydney Morning Herald
Atlas Iron's Ken Brinsden has stepped back from his executive director role at the Pilbara iron ore miner just a few months after vacating his position as managing director. As foreshadowed by The Australian Financial Review's Street Talk, Mr Brinsden ...
Atlas' Brinsden move to non-exec role
Atlas Iron reshuffle executive team
Atlas iron makes executive changes
Sydney Morning Herald
Sharemarket: Morgan Stanley slashes 12-month ASX target
Sydney Morning Herald
A pullback in earnings expectations and a struggling Australian economy have led Morgan Stanley to slash its target for the ASX over the next 12 months to just 5150. The benchmark S&P/ASX 200, having fallen 12 per cent from its April high when it ...
Morgan Stanley cuts S&P 500 price targetMarketWatch
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Sydney Morning Herald
A pullback in earnings expectations and a struggling Australian economy have led Morgan Stanley to slash its target for the ASX over the next 12 months to just 5150. The benchmark S&P/ASX 200, having fallen 12 per cent from its April high when it ...
Morgan Stanley cuts S&P 500 price target
Sydney Morning Herald
Metgasco prepares to sue NSW government over Bentley licence cancellation
Sydney Morning Herald
Energy company Metgasco is preparing to sue the NSW government for tens of millions of dollars in damages amid claims negotiations have broken down over compensation for the illegal cancellation of its gas licence at Bentley on the NSW north coast.
Metgasco to take court action seeking damages over drilling suspension in ...ABC Online
Metgasco to sue after talks with NSW stallNEWS.com.au
Coal seam gas war to resume in NSW Northern RiversThe Australian Financial Review
Herald Sun
Northern Star
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Sydney Morning Herald
Energy company Metgasco is preparing to sue the NSW government for tens of millions of dollars in damages amid claims negotiations have broken down over compensation for the illegal cancellation of its gas licence at Bentley on the NSW north coast.
Metgasco to take court action seeking damages over drilling suspension in ...
Metgasco to sue after talks with NSW stall
Coal seam gas war to resume in NSW Northern Rivers
Brisbane Times
Qantas lifts passenger numbers
The Australian
Passenger numbers are on the rise at Qantas, with a solid increase in overseas travellers. The airline lifted total passenger numbers by 2.1 per cent during July. Driving the result was a 5.3 per cent rise in Qantas (QAN) international passenger ...
Qantas Airways could buy back $1.5b of shares, UBS saysSydney Morning Herald
Qantas Airways increases passenger numbersBrisbane Times
all 13 news articles »
The Australian
Passenger numbers are on the rise at Qantas, with a solid increase in overseas travellers. The airline lifted total passenger numbers by 2.1 per cent during July. Driving the result was a 5.3 per cent rise in Qantas (QAN) international passenger ...
Qantas Airways could buy back $1.5b of shares, UBS says
Qantas Airways increases passenger numbers
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