The sharemarket rose yesterday as defensive and high-yield stocks had broad-based gains after stronger-than-expected German business confidence data brightened the eurozone economic outlook and US earnings reports beat expectations. The ...
Tags: earnings, stocks, sharemarket
The food production system is out of control and puts small-scale farmers at risk as it is controlled by few major companies, according to a report from Fairtrade Foundation. The report noted that about 500 million smallholder farmers ...
Tags: Food production, smallholder farmers, food
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
The sharemarket has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close today, the benchmark S&P/ASX 200 index had risen 16.8 points, or 0.33 per cent, to 5098.7 points, while the broader ...
Tags: sharemarket, financial stocks, big miners
The British Columbia government has opened talks with Canada's natural gas industry about a possible new tax on LNG exports, which Premier Christy Clark estimates could generate C$1 trillion in cumulative GDP over the next 30 years. ...
Tags: LNG exports, gas industry, gas
Investors are betting the Australian market index can continue to push decisively beyond the 5000 mark for the first time in seven years as results from some of the blue-chip stocks and a rise in consumer confidence lent support to another ...
Tags: blue-chip stocks, Australia, investment
US frozen-food firm Overhill Farms has seen its first-quarter profits slide after a shift in product mix, less favourable commodity prices and increased costs weighed on margins. Alongside the results, Overhill revealed it was in talks ...
Tags: frozen-food firm, Overhill Farms, profits
Dean Foods' share price was down 9% today (13 February) after the US dairy giant issued a cautious outlook for the year. Shares in the group were down to US$16.73 in early morning US trading today, despite the firm booking earnings of ...
Tags: Dean Foods, share price, dairy giant
The Australian sharemarket was on track for a 10th-consecutive daily rise today, as commodity price strength lifted the resources sector. BHP Billiton rose 1 per cent after the price of London Metals Exchange copper rose 0.6 per cent and ...
Tags: Australian sharemarket, currency, economy
January 30, 2013 - Corporate Knights recently announced its Global 100 list of the world’s most sustainable corporations, and included in that list are some familiar names: Philips Electronics NV (#7); Schneider Electric SA (#13); ...
Tags: Corporate Knights, electric, company news
Australian Commonwealth Government 10-year bond yields rose 12 basis points to 3.44 per cent following a similar move in US Treasury bonds during the Australia Day long weekend. At 11.38am AEDT, the benchmark S&P/ASX 200 was up 0.8 per ...
Tags: Australian Commonwealth Government, US Treasury bonds, sharemarket
The sharemarket surged to a 21-month high yesterday as investors dumped bonds and rushed to buy equities in response to an improving global growth outlook. Overnight on Monday, the US reported a 4.6 per cent rise in durable goods for ...
Tags: sharemarket, global growth outlook, US
Cost cutting is tipped to continue to be the focus of Australian companies when they release earnings results next month with investors looking for a more disciplined approach to growth plans after recent job losses and writedowns. ...
Unilever has booked an expectation-beating increase in underlying sales as growth of its personal care division offset a "weak" food performance. The Anglo-Dutch consumer goods giant said today (23 January) that underlying sales in the ...
Nestle's chairman, Peter Brabeck-Letmathe, has backed those who criticise the use of food crops for biofuels. Speaking at the Global Forum for Food and Agriculture in Berlin, Brabeck-Letmathe said that food should be for people, not for ...