Macfarlane Group has annouced its interim results for the six months to 30 June 2016. Graeme Bissett, Chairman of Macfarlane Group PLC, today said: “Macfarlane Group’s performance in the six months to 30 June 2016 is ...
Tags: Macfarlane Group, results
Signalling a key vote of faith in debt-laden Premier Foods, leading City analyst Shore Capital has upgraded its advice on the firm's stock from 'hold' to 'buy'. The Power Brands' ability to deliver continued sustained growth will be a key ...
Tags: Agriculture, Food
After climbing to a five month high last week, cotton futures suffered a near 10% loss this week with the spot December contract dropping over 900 points to close at 84.08 c/lb. Technicals turned weak after futures prices failed to advance ...
ICE cotton futures exploded to the upside this week with the spot December contract advancing 395 points to close at 88.93. New longs entered the market during the rally with the overall open interest rising by over 18k contracts, and specs ...
Tags: ICE cotton, Equity markets
The Aussie slumped to a fresh 33-month low today as the US central bank signalled plans to rein in its stimulus program before the end of the year and China's economy showed more signs of a slowdown. At 5pm AEST, the Aussie was trading at ...
Is the New Zealand equity market a bubble? With global short-term interest rates at close to zero and a number of central banks pumping liquidity into markets as fast as their printing presses allow, there are clear signs that asset bubbles ...
Tags: Paul Glass, Construction
Further falls have been forecast for the Australian dollar, which yesterday dived below the US95c mark to levels not seen since October 2011. Speculation that the US Federal Reserve will begin to slow its monetary stimulus sooner than ...
Tags: Aussie Dollar, US95c
The unveiling of Prime Minister Shinzo Abe's long-awaited growth strategy did little to stem the recent slide in Japanese stocks, with the Nikkei 225 closing down 3.8 per cent yesterday. And analysts warned that the measures announced -- ...
Tags: Abenomics, Growth Strategy
THE S&P/ASX200 has turned down 0.1 per cent to 4966.6, paring a 0.4 per cent rise that followed overseas gains on stronger US economic data. The reversal comes as investors react to higher US bond yields, a falling Australian dollar, and ...
The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
RATTLED investors are on high alert after the stockmarket suffered its worst week in a year and the Australian dollar slid to a 12-month low on fresh concerns about the slowing pace of global economic growth. Capping a wild week for ...
Tags: Sharemarket, Horror Week, Alert
The sharemarket suffered its sharpest one-day fall for two months yesterday after the US Federal Reserve said it could reduce its economic stimulus measures and China's manufacturing showed signs of contraction. "In the next few meetings ...
The sharemarket opened the week with a solid gain yesterday on signs of recovery in the US economy ahead of Federal Reserve chairman Ben Bernanke's monetary policy testimony on Wednesday (US time) before the joint economic committee of ...
Tags: Sharemarket, Solid Gain