Pentair Ltd. announced first quarter 2013 sales of $1.8 billion. Sales were flat compared to pro forma sales for the same period last year excluding the unfavorable impact from foreign exchange. Adjusted first quarter 2013 earnings per ...
Tags: Pentair, Processing Machinery
Local stocks rose 0.6 per cent today as investors piled into banks to take advantage of their dividend yields, and amid optimism that the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: Local stocks, Stockmarket
The Australian dollar traded slightly lower during holiday-thinned Asian trade as a dearth of local developments left traders waiting for key events offshore. Topping the watch list are European Central Bank and US Federal Reserve ...
Tags: Australian dollar, bond issuance
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
A number of 2013 Nissan Altima sedans have been recalled in the US after spare tyres were found to be incorrectly inflated. According to the US National Highway Traffic Safety Administration (NHTSA), Nissan North America is recalling ...
Tags: Nissan Altima, Spare Tyre Issue
Annual inflation in the euro area is expected to be 1.2 percent in April this year, down from a revised 1.7 percent in March, according to flash estimates released by Eurostat, the Statistical Office of the European Communities. Flash ...
Tags: Mineral, Annual inflation
Sales of cross-flow membranes and equipment will exceed $10.4 billion in 2014, according to the latest projections in RO, UF, MF World Market published by the McIlvaine Company. McIlvaine Company adds that desalination is the biggest ...
A rise in commodity prices has helped push the Australian dollar back above the $US1.03 level. At 5pm AEST, the local unit was trading at $US1.031, up from $US1.0246 on Wednesday. CMC Markets foreign exchange dealer Tim Waterer said the ...
THE sharemarket drifted in patchy trade to close marginally lower yesterday, rounding out an otherwise positive week that was characterised by improving sentiment towards the resources sector. BHP Billiton rose 2.8 per cent and Rio Tinto ...
Tags: Bourse, Resources Recover
Honeywell announced its results for the first quarter of 2013 Highlights • Strong Productivity Driving EPS Growth of 16%, Up 12% Using Expected Full-Year Tax Rate • Segment Margin Increase of 100 Bps to 16.2%, Operating ...
High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries moving towards recovery are ...
Tags: GFK Consumer Climate, unemployment
The sharemarket notched up its biggest gain for five weeks yesterday as the banks led broad-based gains thanks to lower-than-expected domestic inflation data and stronger offshore markets. The consumer price index rose 0.4 per cent in the ...
Tags: Renewed, Interest Rate
The sharemarket surged 1.7 per cent yesterday as banks led broad-based gains following lower-than-expected domestic inflation data and stronger offshore markets. The benchmark S&P/ASX 200 jumped 86.2 points to 5102.4 points as investors ...
Tags: Banks, Inflation Data
The dollar was down more than half a cent against the greenback because of continued fears of weakness in world commodity prices and ahead of local inflation data that might clear space for an interest rate cut next month. News last ...
Tags: Dollar, Metals Stay Weak
SHARES climbed yesterday following a rally in Japanese stocks and as some analysts saw potential for the Reserve Bank to cut interest rates next month. The benchmark S&P/ASX 200 closed up 0.7 per cent at a two-day high of 4966.6. The ...
Tags: economy