Finance News
From some recent feedback we are going to include each week this section called “who’s done what”, this will include some company announcements that we find of interest. This week: The bumpy ride continues as markets look for action – For the coming week we have Central Bank Board meetings and some key US data…
Read the rest of the entry »These are the latest findings from the Roy Morgan Monthly Business Confidence Survey conducted amongst a sample of 2,750 businesses across Australia in August 2011. The Roy Morgan Business Confidence Rating stood at 128.2 in April 2011, immediately prior to the decline in the ASX. The confidence rating continued to slide down to 99.8 in…
Read the rest of the entry »The CEO of Australian brewer Foster’s has defended the decision to accept a $12 billion takeover deal which will see the company head into foreign ownership for the first time in its 150-year history. Foster’s, which controls leading beer brands including VB, Crown and Carlton Draught, has accepted an improved takeover deal from Anglo-South African…
Read the rest of the entry »Treasurer Wayne Swan has insisted that the budget will be returned to a surplus, as promised, by 2012/13. But he says the slowing global economy has made conditions just a bit more difficult. In a much-needed confidence boost for the Gillard Government, Wayne Swan this week won the prestigious global award of Finance Minister of…
Read the rest of the entry »The ASX 20 makes up over 60% of the market. Given recent volatility, I thought the chart below may be of interest. The chart below shows the percentage change in share prices over the last 3 months (grey) and the upside to target prices from Stockbroker RBS Morgan (gold). Whilst the argument can be that…
Read the rest of the entry »From some recent feedback we are going to include each week this section called “who’s done what”, this will include some company announcements that we find of interest. This week: The Australian dollar fell to a five-week low on renewed concerns about Europe’s debt crisis after Italy’s credit rating was downgraded this morning. The RBA…
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Grocery prices, frozen and fresh, in light of the floods what will happen, what % price increase can we expect and what should we do we will speak to Jos de Bruin the CEO of the Master Grocers Australia who will give us a more realistic insight as to what will occur. The facts are…
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Last week Scott got a pleasant surprise when apart from the Saturday show he got a bit of extra time with Glenn on air late Sunday afternoon talking all things finance which was good. The highlight: Glenn: I got a new set of golf clubs for my wife Scott: Great trade. Glenn Stevens didnt put…
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