Tag: Stockmarket
Shares subdued, Aristocrat falls on Wilkie's pokie plan
It was a cautious day's trade ahead of employment figures out in the US tonight, but the chance of increased poker machine regulation and various shareholder legal actions drove some stocks lower.[MORE]
Nufarm faces class action for profit downgrade
A legal firm says it has been approached by shareholders of the agricultural chemicals group Nufarm, after the company halved its profit forecast in July.[MORE]
Telstra announces SouFun float
Telstra's Chinese online real estate subsidiary SouFun has filed for an initial public offering (IPO) with the United States Securities and Exchange Commission.[MORE]
US stocks rise on home sales, jobless data
Wall Street extended yesterday's strong gains overnight, with some encouraging home sales figures and a fall in jobless claims boosting sentiment.[MORE]
Local shares climb on Wall St surge
Local shares have backed up a 2 per cent jump yesterday with a 0.8 per cent rise, after Wall St surged last night.[MORE]
Shares gain again on Wall St rally
Local shares are extending yesterday's 2 per cent rally, with a gain of about 0.5 per cent by mid-afternoon.[MORE]
US stocks enjoy best rally in eight weeks
Some better-than-expected economic data from the United States and Asia sent Wall Street soaring overnight, to its biggest gains in eight weeks.[MORE]
GDP jump drives market 2pc higher
The Australian share market has hit a three-week high, gaining 2 per cent after a boost from the release of better-than-expected GDP figures.[MORE]
Shares jump on positive GDP surprise
Today's stronger than expected GDP figures have driven the local share market and the Australian dollar higher.[MORE]
Consumer confidence, housing figures help sentiment
Wall Street had a mixed finish after a fairly volatile trading session.[MORE]
Market falls on double-dip fears
Australian shares have reversed some of yesterday's gain, losing about 1 per cent after economic fears hit Wall Street overnight. [MORE]
Degree yields better return than share market
New research has found a university degree can be more financially rewarding than investing in real estate or the share market. [MORE]
Income data sends Wall Street lower
Further signs of a slowdown in the US economic recovery emerged overnight, with personal income figures falling below market estimates.[MORE]
Local market enjoys 5-week high
The Australian share market has had its biggest rise in five weeks following reassuring comments from the head of the US Federal Reserve, Ben Bernanke.[MORE]
Market starts week on positive note
Investors on the local share market have been buoyed by signs Japan's central bank may announce further measures to boost its economy.[MORE]
Afternoon gains drive market into the black
The Australian share market mounted a steady recovery after a fall early in the session.[MORE]
Market flat on mixed messages
A fall on Wall Street overnight had weighed on the local share market, but a strong result for Fairfax and a further gain for Woolworths are offsetting other falls.[MORE]
Economic worries send Dow below 10,000
Stocks in the United States retreated overnight after yesterday's brief positive turn, with concerns about Spain's financial stability overshadowing a fall in US claims for unemployment benefits.[MORE]
Profits drive share market higher
The Australian share market has been buoyed by a late rally on Wall Street overnight and a string of strong profit results locally.[MORE]
Shares mixed despite positive profit results
Local shares are fairly flat, despite a positive lead from Wall Street and some strong corporate profit results.[MORE]
Bargain hunting supports Wall Street gains
Shares in the United States staged a strong rally from some steep losses during the overnight trading session, to close moderately higher.[MORE]
Market falls on US housing slump
The market eased steadily throughout the day to finish 1.4 per cent lower after some awful US home sales figures.[MORE]
Macarthur raises capital, shares slide
The Queensland-based miner, Macarthur Coal says it has raised almost $439 million through a share placement, mostly involving big institutional investors.[MORE]
Insider trading charges spring from BHP-Potash bid
Two men have been charged with insider trading after allegedly making $1.2 million illegally through BHP Billiton's $43 billion takeover bid for Canada's Potash Corp.[MORE]
US stocks hit seven-week low on housing sales slump
An unexpectedly sharp fall in US home sales sparked renewed fears about the economic recovery overnight, sending Wall Street to its lowest closing level in almost two months.[MORE]
