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
The Australian sharemarket pulled back in late trading but still closed slightly higher, with investors unfazed by Julia Gillard announcing that the next federal election would be on September 14. At 4.15pm AEDT, the benchmark S&P/ASX 200 ...
Tags: Australian sharemarket, currency, economy
The sharemarket rose for a 10th consecutive day, extending its longest winning streak since October 2003, as an improving global economic outlook continued to fuel demand for equities before the conclusion of a US Federal Reserve board ...
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
The current managing director of Wesfarmers Insurance, Rob Scott, will become finance director of Coles in February. Wesfarmers’ managing director Richard Goyder said Mr Scott has performed extremely well in significantly improving ...
Tags: Wesfarmers Insurance, managing director, operational performance
Officeworks plans to build its new Wyong store on vacant land on the corner of Johnson Road and Tuggerah Straight, which will have to be rezoned from light industrial to ‘centre support’. Wyong Council supported the rezoning ...
Tags: Officeworks, retailers, light industrial
Australian supermarket group Coles has appointed Rob Scott as its finance chief. Scott, currently managing director of Wesfarmers Insurance, will take up the finance director role from February. He replaces the outgoing Tony Buffin who ...
Tags: supermarket group, Scott, Finance Chief
The sharemarket rose yesterday after US housing data suggested economic growth in the world's biggest economy was likely to continue, and above-consensus GDP data from China showed that an economic recovery in Australia's biggest trading ...
Tags: stocks, sharemarket, economic
The Australian sharemarket rose after US housing data suggested economic growth in the world's biggest economy was likely to continue, and above-consensus GDP data from China showed that an economic recovery in Australia's biggest trading ...
Tags: Shares, economic growth, sharemarket
The Australian sharemarket rose to a 20-month high today as investors continued to buy banks, consumer staples, property trusts, healthcare and energy companies, while remaining hesitant on iron ore producers after spot iron ore prices ...
Tags: Stocks, Australian sharemarket, sharemarket
The Australian sharemarket rose yesterday as China's stronger-than-expected trade data fuelled hopes of an economic rebound for Australia's biggest trading partner. Fortescue Metals added 2.3 per cent after China reported a $US31.6 ...
Tags: sharemarket, China, trade data, stocks
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
Dematic Real Time Logistics was presented with the Wesfarmers Industrial & Safety (WIS) Service Provider of the Year Award at the group’s recent Supplier of the Year Awards in Sydney. WIS is a leading provider of industrial and ...
Dematic Real Time Logistics was presented with the Wesfarmers Industrial & Safety (WIS) Service Provider of the Year Award at Wesfarmers' recent Supplier of the Year Awards in Sydney. WIS is a leading provider of industrial and safety ...
Tags: Dematic Real Time Logistics, WIS, Year Award, leading provider, Dematic
Coles, Australia's second-largest retailer, saw profits increase 16% in its last financial year on the back of sales boosted by more transactions at its outlets. The company booked EBIT of A$1.36bn (US$1.43bn) for the year to the end of ...
Tags: Fy Profits, financial year, savings pool