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A year is a long time for...
One year on from the bear market lows of the global financial crisis, after a corner turned on 10 March 2009 when Citigroup CEO Vikram Pandit said the US bank was on track to post a profit in the Marc...
CBH receives revised Toho proposal
CBH Resources said it received a revised proposal from its major shareholder, Toho Zinc Co., Ltd after the close of trade Monday that rivals that put forward by Nyrstar NV on Monday.
Rio forecasts short-term increase in activity
Rio Tinto expects economy wide inventory rebuilding in the OECD to provide a short-term boost to activity.
Acrux inks licensing deal with Eli Lilly
Aussie pharmaceutical company, Acrux said it had entered an agreement with US giant Eli Lilly to commercialise its male testosterone replacement drug, AXIRON.
LNG and Arrow redraw agreement
The board of Liquefied Natural Gas said that it has extended and modified its previously announced Heads of Agreement for the sale of the Fisherman's Landing project to Arrow Energy.
Telstra completes 1bn euro bond issue
Telstra Corporation announced the completion of a 10-year benchmark €1bn Eurobond issue, with a 4.25% annual coupon and a maturity of 23 March 2020.
Goldman Sachs upgrades UGL
Goldman Sachs upgrades UGL to BUY with a price target of $18.54
Arrow takeover offer potentially too low
Speculation has surfaced suggesting Arrow Energy is set to reject Royal Dutch Shell and PetroChina’s joint $3.3bn takeover bid for the Australian coal seam gas company.
PNG LNG to go ahead
Santos and Oil Search said that the $15bn PNG LNG project was moving to full project execution stage, following the completion of financing arrangements and LNG buyers.
Peak confident of stability in Tanzania
Peak Resourcess' Alastair Hunter said the company had not experienced any political issues in Tanzania due to its positive relationship with the government, reaffirming the comments earlier last week ...
One year on from the bear market lows of the global financial crisis, after a corner turned on 10 March 2009 when Citigroup CEO Vikram Pandit said the US bank was on track to post a profit in the Marc...
CBH receives revised Toho proposal
CBH Resources said it received a revised proposal from its major shareholder, Toho Zinc Co., Ltd after the close of trade Monday that rivals that put forward by Nyrstar NV on Monday.
Rio forecasts short-term increase in activity
Rio Tinto expects economy wide inventory rebuilding in the OECD to provide a short-term boost to activity.
Acrux inks licensing deal with Eli Lilly
Aussie pharmaceutical company, Acrux said it had entered an agreement with US giant Eli Lilly to commercialise its male testosterone replacement drug, AXIRON.
LNG and Arrow redraw agreement
The board of Liquefied Natural Gas said that it has extended and modified its previously announced Heads of Agreement for the sale of the Fisherman's Landing project to Arrow Energy.
Telstra completes 1bn euro bond issue
Telstra Corporation announced the completion of a 10-year benchmark €1bn Eurobond issue, with a 4.25% annual coupon and a maturity of 23 March 2020.
Goldman Sachs upgrades UGL
Goldman Sachs upgrades UGL to BUY with a price target of $18.54
Arrow takeover offer potentially too low
Speculation has surfaced suggesting Arrow Energy is set to reject Royal Dutch Shell and PetroChina’s joint $3.3bn takeover bid for the Australian coal seam gas company.
PNG LNG to go ahead
Santos and Oil Search said that the $15bn PNG LNG project was moving to full project execution stage, following the completion of financing arrangements and LNG buyers.
Peak confident of stability in Tanzania
Peak Resourcess' Alastair Hunter said the company had not experienced any political issues in Tanzania due to its positive relationship with the government, reaffirming the comments earlier last week ...
Market Watch
 16/03/2010 | Shares return to positive territoryAussie shares edged higher by midday Tuesday after a mixed lead from global markets and economic data overnight. Read More |
 16/03/2010 | Wall Street closes higher after early fallsWall Street recovered losses in afternoon trade as the Dow and S&P 500 eventually closed in the black. Read More |
 15/03/2010 | Market heads south in afternoon tradeAfter a promising start to the session, the Australian sharemarket dropped off in afternoon trade following a fall in the Dow futures. Read More |
15/03/2010 | Aussie shares higher after slow startThe local market shrugged off an indifferent lead from international markets Friday, heading 0.2% higher by lunch. Read More |
15/03/2010 | US stocks flat on mixed dataUS stocks continued to trade in a narrow band Friday as investors digested conflicting economic data. Read More |
12/03/2010 | Aussie shares finish week on a flat noteLocal stocks continued a common theme for the week, finishing the day near where it started. Read More |
12/03/2010 | Market edges higher in light tradeAustralian stocks followed a positive lead from Wall Street overnight to be 0.2% higher by midday. Read More |
12/03/2010 | Late rally sends Wall Street higherWall Street recovered at the end of a choppy session Thursday as investors weighed mixed economic data and news that China’s inflation had spiked in February. Read More |
11/03/2010 | Market edges lowerThe Australian sharemarket finished lower Thursday as losses from a few of the heavyweight miners and financials eventually outweighed strong gains seen among other blue chips. Read More |
11/03/2010 | Aussie shares edge slightly higherLocal shares paced modest rises in international markets, adding 0.1% by lunch in quiet trade. Read More |
11/03/2010 | US stocks rise on positive economic dataIn the US, the Dow continued to trade around the gain line for the third straight session in light trade. Read More |
10/03/2010 | Market flat as stocks counter one anotherThe Australian sharemarket closed the smallest margin below the gain line possible to end an eight-day winning streak. Read More |
10/03/2010 | Mixed day for the marketAussie shares were lower by lunch after retreating in late morning trade. Read More |
10/03/2010 | Wall Street edges higherGains were slim on Wall Street at the close Tuesday after an earlier rally withered away in the afternoon on the first year anniversary of the bear market low. Read More |
9/03/2010 | Local market makes it eight in a rowAussie shares closed higher Tuesday after being below the line for most of the morning and drifting lower again just after lunchtime. Read More |
9/03/2010 | Market flat on mixed morningLocal shares were little changed at lunch as the index strives to stretch gains into an eighth consecutive day. Read More |
9/03/2010 | Wall St ends quiet session flatIt was a quiet day on Wall Street Monday ahead of tomorrow’s one-year anniversary of the bear market low. Read More |
8/03/2010 | Commodity stocks lead Aussie market rallyLocal shares retreated from morning highs, as banks softened, however still finished firmly in the black. Read More |
8/03/2010 | Arrow Energy leads market higherA strong lead from Wall Street and rise in commodity prices led a rally on the Australian market Monday morning. Read More |
8/03/2010 | Jobs data boosts market confidenceWall Street rallied Friday following the release of a better than expected government monthly jobs report. Read More |
5/03/2010 | Shares extend gains to sixth straight dayThe Australian sharemarket finished the week higher after recording its sixth consecutive session of gains. Read More |
5/03/2010 | Aussie market follows solid US leadLocal shares edged higher Friday morning with modest, but broad-based gains. Read More |
5/03/2010 | US stocks higher on mixed dataA late rally on Wall Street pushed the market higher, disguising the broader trend that stocks traded close to the gain line for much of the day. Read More |
4/03/2010 | Late surge sees market close higherThe Australian stock market traded both sides of the gain line Thursday, although a late flourish saw it close 0.3% higher. Read More |
4/03/2010 | Aussie shares mixed at lunchThe Australian market had edged lower by lunch Thursday as investors concentrated on individual stocks rather than sectors as a whole. Read More |
4/03/2010 | Wall Street closes flatWall Street finished flat at the end of a day that saw the broader indices move either side of the gain line throughout. Read More |
3/03/2010 | Local shares up 0.7%The Australian sharemarket closed 0.7% higher Wednesday on the back of a strong lead from global markets and a rise in metal prices. Read More |
3/03/2010 | Metals prices and global lead send market higherAussie shares edged gained 0.8% by lunch on renewed optimism over the strength of the economic recovery as concerns about Greece’s debt burden abated. Read More |
3/03/2010 | US stocks flat after late sell offUS markets traded higher for most of Tuesday before a late sell-off saw the major indices close to where they started. Read More |
2/03/2010 | Market closes 0.3% higher as RBA lifts interest ratesDespite a jump at the start of trade, the local market spent most of the day trading in a narrow range between 4,686 and 4,709 points. Read More |
2/03/2010 | Shares flat at lunchAfter a positive start to the session following a strong lead from Wall Street overnight, the Australian sharemarket fell away to be flat by midday. Read More |
2/03/2010 | Wall Street returns to positive territory for 2010Wall Street closed higher Monday on the back of a US$35.5 billion asset sale by AIG and merger talks within the healthcare sector. Read More |
1/03/2010 | Widespread gains see market up over 1%The Australian sharemarket rallied 1.1% Monday on the back of a consistent gains among blue-chip stocks, in particular the banks and consumer staples. Read More |
1/03/2010 | Energy and resource stocks take market higherInvestors jumped into the Aussie market Monday morning, sending the broader indices 0.6% higher at lunch. Read More |
1/03/2010 | Wall Street flat on mixed dataThe release of mixed data on Friday, and through the week, saw Friday’s session bring February to close on a flat note. Read More |
26/02/2010 | Shares start and end week levelDespite a 1% rise today, the market finished virtually exactly were it started the week. Read More |
26/02/2010 | Strong earnings help local marketOn the last day of reporting season local shares edged 0.3% higher, on the back of a string of upbeat earnings from blue chip companies. Read More |
26/02/2010 | Wall St trims losses in afternoon tradeUS stocks were well below the gain line for most of the session on concerns about Greece’s debt and US economic data. Read More |
25/02/2010 | Aussie shares tumble in afternoon tradeAussie shares tumbled late in day, despite being firmly higher at lunch, with the market trading between highs and lows nearly 100 points apart. Read More |
25/02/2010 | Local stocks edge higher on Wall St leadAussie shares were up 0.5% following a positive lead from Wall Street where Fed chairman Ben Bernanke flagged low interest rates for the foreseeable future. Read More |
