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Market Reports

Market Wrap: Aus shares close 0.4% higher

05 Dec 2012 - Aus shares close 0.4% higher. Santos Limited (ASX:STO) has slashed 100 jobs from its Adelaide head office and Moomba operations in South Australia’s Cooper Basin.

Midday: Aus shares dip on GDP data

05 Dec 2012 - Aus shares dip on GDP data. Premier Investments Limited (ASX:PMV) CEO Mark McInnes has reportedly hinted at embarking on a takeover bid for department store chains My…

Outlook: ASX awaits Q3 GDP figures

05 Dec 2012 - ASX awaits Q3 GDP figures. Ten Network Holdings Limited (ASX:TEN) is reportedly gearing up to launch a deeply discounted $225 million rescue capital raising.

Market Wrap: ASX falls on rate cut

04 Dec 2012 - ASX falls on rate cut. Whitehaven Coal Limited’s (ASX:WHC) New South Wales coal operations are interrupted by a train derailment between its Narrabri mine and the Por…

RBA December Interest Rate Decision

04 Dec 2012 - The Reserve Bank of Australia (RBA) decides to reduce the cash rate by 25 basis points to 3.0 per cent, in line with expectations.

Midday: ASX steady before RBA decision

04 Dec 2012 - ASX steady before RBA decision. News Corp (ASX:NWS) chief Rupert Murdoch appoints Australian Robert Thomson, currently editor in chief of the Wall Street Journal, to …

Outlook: ASX looks down before RBA call

04 Dec 2012 - ASX looks down before RBA call. Singapore Airlines and Etihad consider lifting their stakes in Virgin Australia Holdings Limited (ASX:VAH) to increase Asia-Pacific ex…

Market Wrap: ASX boosted by Chinese data

03 Dec 2012 - ASX boosted by Chinese data. Saracen Mineral Holdings Limited (ASX:SAR) has increased its full year production guidance on the back of strong operational performance …

Midday: ASX up 0.5% on data deluge

03 Dec 2012 - ASX up 0.5% on data deluge. Woodside Petroleum Limited (ASX:WPL) strikes a deal to acquire an interest in Israel’s biggest natural gas field.

Outlook: ASX tipped to start stronger

03 Dec 2012 - ASX tipped to start stronger. Aquila Resources Limited (ASX:AQA) flags more than $2 billion in cost cuts as it strives to finance its projects.

Market Wrap: ASX ends November on high note

30 Nov 2012 - ASX ends November on high note. Rare earths developer Lynas Corporation Limited (ASX:LYC) moves to producer status in Malaysia.

Midday: Aus shares lift above 4500

30 Nov 2012 - Aus shares lift above 4500. Northern Star Resources Limited (ASX:NST) tumbles after revealing its biggest shareholder and board members have sold a stake in the compa…

Outlook: ASX set to extend weekly gain

30 Nov 2012 - ASX set to extend weekly gain. Sirtex Medical Limited’s (ASX:SRX) chief Gilman Wong is named CEO of the year as Chairman John Eady flags increases in executive pay.

Market Wrap: Aus shares close 0.7% higher

29 Nov 2012 - Aus shares close 0.7% higher. Dexus Property Group (ASX:DXS) has confirmed it is in negotiations to sell off the remainder of its US assets with a prospective buyer.

Midday: ASX follows Wall Street up

29 Nov 2012 - ASX follows Wall Street up. Stockland (ASX:SGP) has appointed former UBS fund manager Mark Steinert as its new CEO, to replace departing chief Matthew Quinn in Janua…

Outlook: ASX eyes positive start

29 Nov 2012 - ASX eyes positive start. Treasury Wine Estates Limited (ASX:TWE) denies the wine maker is considering spinning off its $3.1 billion Penfolds brand.

Market Wrap: Aus shares edge down 0.2%

28 Nov 2012 - Aus shares edge down 0.2%. Jetset Travelworld Limited (ASX:JET) expects a flat first-half profit amid soft retail prices in Australia's leisure market.

Midday: Aus shares follow US lead lower

28 Nov 2012 - Aus shares follow US lead lower. OrotonGroup Limited (ASX:ORL) sales have lifted 7 per cent on a like-for like basis, since the end of July and ahead of the Christmas…

Outlook: ASX poised for weakness

28 Nov 2012 - ASX poised for weakness. Aristocrat Leisure Limited (ASX:ALL) buys an online casino operator called Product Madness who create games for Facebook Inc (NASDAQ:FB).

Market Wrap: ASX applauds Greek debt deal

27 Nov 2012 - ASX applauds Greek debt deal. Brickworks Limited (ASX:BKW) believes it is too tough to forecast a housing market recovery given the industry’s ongoing headwinds.

Midday: Aus shares move 0.8% higher

27 Nov 2012 - Australia and New Zealand Banking Group (ASX:ANZ) says it was keen to expand its presence in Thailand.

Outlook: Soft leads to sap ASX gains

27 Nov 2012 - Soft leads to sap ASX gains. Treasury Wine Estates Limited (ASX:TWE) should seriously consider spinning off its Penfolds brand, according to Macquarie analysts.

Market Wrap: Aus shares close 0.3% higher

26 Nov 2012 - Aus shares close 0.3% higher. Leighton Holdings Limited (ASX:LEI) and joint venture partner Grosvenor sell a Paramatta CBD commercial property for $167.5 million.

Midday: Aus shares edge slightly higher

26 Nov 2012 - Aus shares edge slightly higher. Technology One Limited (ASX:TNE) has boosted its annual net profit by 16 per cent and about 10 per cent above its guidance.

Outlook: ASX set to rise into new week

26 Nov 2012 - ASX set to rise into new week. Leighton Holdings Limited’s (ASX:LEI) subsidiary Thiess is named as the preferred contractor on the Pacific Highway upgrade project.

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