The decision by the Federal Court of Australia to order Coles Supermarkets Australia Pty Ltd (Coles) to pay penalties of $2.5 million for making a claim that its par baked products were “fresh”, is likely to have broad ...
Tags: bakery products, bakery
Indorama Ventures Public Company Limited (IVL), the world’s leading vertically integrated Polyester Value Chain producer, has successfully completed the refinancing of a US$640 million term loan for its business in the U.S.A. The ...
Tags: Indorama Ventures, Textile
The Deal, TheStreet's (TST) institutional business, announced the winners of the sixth annual Most Admired Corporate Dealmaker (MACD) Awards, which recognize the best corporate dealmaking teams at acquisitive, large-cap U.S. companies in ...
Tags: Most Admired Corporate Dealmaker Awards, United Technologies Corp.
Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...
Irn-Bru manufacturer AG Barr is still committed to a merger with Britvic, according to its latest financial statement covering the 15 weeks from January 27 to May 12. AG Barr 'outperformed a sluggish market' said Panmure Gordon The ...
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
The sharemarket has closed higher, led by investors picking up cheaper mining stocks after heavy selling in recent days. At the close today, the benchmark S&P/ASX200 index was up 15.1 points, or 0.29 per cent, at 5180.8. The broader All ...
THE sharemarket recorded its first two-day fall for the past two weeks yesterday as offshore sellers continued to pound the resources sector and share index futures on the back of weakening commodity prices and recent profit warnings in the ...
The sharemarket's week-long recovery faltered as regional markets weakened today, even as it hit a fresh three-week high during the session. The benchmark S&P/ASX200 closed flat at 5013.5 points after rising to 5023 - its highest point ...
Tags: sharemarket, Stocks
The sharemarket fell slightly yesterday as traders took profits in financial stocks and other defensives, while continuing to buy miners after China's benign March inflation data sparked an upturn in commodity prices. The benchmark ...
Tags: Stocks Dip, economy
The S&P/ASX200 has fallen 0.3 per cent to 4899.6 after hitting a fresh two-month low of 4893.8 in mixed trading before tonight's US jobs data. Materials and industrials stocks have recovered at the expense of defensive and high-yield ...
Tags: Local Stocks, Service, economy
The benchmark S&P/ASX 200 closed up 0.2 per cent at 4967.3 points after hitting a six-week low of 4927.9. Financials and consumer staples lent support, with ANZ, Westpac, NAB, Woolworths and Wesfarmers up 0.8 per cent to 1.5 per cent. ...
Tags: economy
The sharemarket has closed lower for a second straight day after giving up early gains during afternoon trading. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 28 points, or 0.56 per cent, at 4987.4 points. The broader All ...
Tags: Stocks, sharemarket, benchmark
The sharemarket continued its fall yesterday, dropping back below 5000 points even though European and US markets brushed off concerns that plans for a deposit tax in Cyprus could reignite the European debt crisis. The benchmark S&P/ASX ...
Tags: sharemarket, Stocks, European Debt
The sharemarket rose this morning, with consumer staples and financials leading a broad-based recovery following lower-than-expected US jobless claims data. At 11.30am AEDT, the benchmark S&P/ASX200 was up 1 per cent at 5081.9 points. The ...
Tags: Stocks, sharemarket, benchmark