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ASX week ahead 25 January 2010: A dramatic trading week, with the S&P/ASX 200 correcting down by 3.0%. With Treasurer Swan discussing a resources tax of up to 40%, the collapse was led by miners …
Earnings season has commenced and will resume guiding equities markets, although risk aversion is re-entering global financial markets and even Rio Tinto’s (RIO) outstanding Q42009 production update could not quell it. Commonwealth Bank (CBA) and …
Oil Search Limited (OSH) explores for crude oil and natural gas, then develops and produces its findings. Although their main operations are in Papua New Guinea (PNG), they also operate in the Middle East and …
S&P/ASX 200 Index gained in the week, rising to a 15-month high as investors and traders emerged from holidays and looked for trades. Such a positive start to the New Year often foretells a good …
Newcrest Mining is an integrated mining company, exploring, producing, and selling gold and gold/copper concentrate. The company’s operations include seven mines, five of which are located in Australia, and one each in Papua New Guinea …
ASX week ahead 21 December 2009: With earnings season over and guidance announcements quieting through the year’s end, negative sentiment from the Greek financial tragedy and worries the recovery is stalling limited the week’s gains …
Leighton Holdings is Australia’s largest project development contractor, with operations in Australia, New Zealand, Asia, and the Indian subcontinent. As well as contract mining services, Leighton Holdings holds a growing backlist of construction projects in …
Global shares markets shrugged off Dubai World worries and resumed the risk rally Tuesday, with Asian markets leading the charge. The advance continued until Friday, which saw some profit-taking. For the week, the S&P/ASX gained …
Dubai World debt moratorium issues sparked fears of sovereign defaults similar to Argentina’s from 2001 and sent global stock markets into a tizzy. The ASX lost 2.9% Friday and all four of Australia’s major banks …
Tuesday, 24 November: iiNet (IIN) reported 67% higher revenue and 29% higher net profit in FY 2008–2009. However, Australia’s third-largest ISP company is embroiled in copyright litigation. Its most recent high of 2.38, set 9 …