US distributor United Natural Foods has cut its full-year profit outlook, despite booking an increase in first-half profit. The company today (26 February) booked an 18.8% increase in profit in the six months ended 26 January, to ...
Tags: Natural Foods, Foods, profit
Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
The sharemarket recovered as investors piled into high-yield stocks after Thursday's steep decline, which followed the release of US Federal Reserve minutes showing growing concern among Fed members about potential side-effects of its ...
Tags: sharemarket, stock, US Federal Reserve
The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
Shares were on track for their biggest fall in three months after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about the US central bank's recent stimulus efforts. Domestic earnings reports had ...
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 sharemarket closed at its highest level in more than four years, with gains across the board. The benchmark S&P/ASX 200 index had risen 18.5 points, or 0.37 per cent, to 5081.9 points, while the broader All Ordinaries index had added ...
Tags: Stocks, sharemarket, benchmark
The sharemarket resumed its upward march yesterday as corporate earnings encouraged investors to continue moving from cash and bonds to equities. The benchmark S&P/ASX 200 closed up 0.6 per cent at 5063.4 -- its highest since the ...
Tags: earnings, sharemarket, benchmark
The sharemarket has closed at its highest point since September 2008, led by the major banks. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 29.5 points, or 0.59 per cent, to 5063.4 points, while the broader All Ordinaries ...
Tags: Stocks, sharemarket, Ordinaries index
But passing the half-way mark of this interim profit season, we now have proof that his real error was putting a super-profits tax on the wrong industry. While profits were sliding at Rio Tinto, OZ Minerals and Wesfarmers' coal division, ...
Tags: Stocks, investment, Australia
The benchmark S&P/ASX200 index rose 33.2 points, or 0.66 per cent, to 5,036.9 points, and the broader All Ordinaries index was up 32.7 points, or 0.65 per cent, at 5,057.2 points. On the ASX 24, the March share price index futures ...
Tags: Rio Tinto, annual net loss, finance market
Weaker investor sentiment sent the Australian dollar to its lowest levels since October in thin trading conditions because of the Lunar New Year celebrations in Asia. The sharemarket was flat, also in thin trading, as investors remained ...
Tags: Australian dollar, October, lowest levels
The Australian sharemarket closed half a percentage point higher as investors chased higher-yielding financial stocks. At the close today, the benchmark S&P/ASX 200 index was 25.0 points, or 0.52 per cent higher at 4835.2, while the ...
Tags: Stocks, sharemarket, financial stocks
MERAFE Resources said that benchmark ferrochrome prices for the coming quarter remained nearly flat, rising just 2% to USD 1.125/lb dashing hopes that reduced supply would help prices rebound. Merafe announced last Wednesday that ...
Tags: Ferrochrome prices, MERAFE Resources, ferrochrome supply, ferrochrome