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BHP, Wesfarmers results to set market...
Australian stocks are set for a volatile week ahead as investors digest a flurry of earnings reports and try to guess where interest rates are heading and the extent to which...
Aussie stocks lower after resources fall
The Australian share market closed lower after losses from the resources sector amid sharply weaker commodity prices overnight and a poor lead from Wall Street.
Australian stocks hit 32-month low
The Aussie stock market was languishing at a 32-month low at noon as fears of slowing global growth lowered commodity prices and hammered the resources sector.
Miners, banks to drag market lower
Shares are set to open lower led down by the top miners and banks after oil and metals prices fall and Wall Street banks slip.
Stocks to watch
Stocks to watch on the Australian Stock Exchange today.
Banks lead way as shares climb
The Australian sharemarket closed higher yesterday as Westpac's proposed takeover of St George enlivened the banking and financial services sector.
Volatility may be coming to an end
THE Australian sharemarket closed the week higher as financial stocks returned to favour after a strong lead from Wall Street overnight.
Stocks end sharply down
Australian shares fell sharply on Monday to its lowest close in 18 months with around $27 billion wiped off the local bourse.
Market plunges again, racked by...
THE Australian sharemarket fell sharply yesterday to its lowest close in 18 months with about $27 billion wiped off the local bourse, amid signs of a deepening in the global...
Stocks decline at noon
The Australian share market was down almost 1.5 per cent at noon, led by financial stocks weighed by problems in credit markets.
Stocks down 1.5% on credit fears
The share market is down almost 1.5%, led by financial stocks weighed by problems in credit markets.
BHP, Wesfarmers results to set market tone
August 15, 2008
Australian stocks are set for a volatile week ahead as investors digest a flurry of earnings reports and try to guess where interest rates are heading and the extent to which the global economy is slowing.
Wesfarmers expecting solid growth
Coles owner Wesfarmers has delivered a 33.6 per cent rise in annual profit and expects solid growth again this year despite a tougher economic environment.
Be patient: Wesfarmers boss insists Coles changes on track
THE Wesfarmers chief executive, Richard Goyder, has hit back at suggestions the company is taking too long to turn around the Coles Group businesses it acquired last year, saying plans are underway to combat previous under-investment and cultural problems.
Wesfarmers denies buying a bad apple
THE managing director of Wesfarmers has denied that earnings at its supermarkets and bottle shops have gone backwards.
Wesfarmers chairman to step down
Wesfarmers chairman Trevor Eastwood will step down from the post in November to be succeeded by current deputy chairman Bob Every.
Wesfarmers shares up with rising success
Wesfarmers shares rose 1.8 per cent Monday after the company finalised part of a $2.5 billion equity raising and opened it to retail shareholders.
Wesfarmers gas shock
Wesfarmers says pretax earnings may be cut by $20 million per month due to the gas outage in Western Australia.
Wesfarmers hints at grocery price war
Coles owner Wesfarmers Ltd says it will continue to absorb increased food costs because it wants to build "price trust" with shoppers.
Wesfarmers expects 5-year Coles overhaul
Wesfarmers says it will take five years to overhaul Coles, and expects sliding consumer sentiment to take a toll on its other retail businesses.
Wesfarmers in trading halt
Share trading in Wesfarmers was halted today ahead of a retail entitlement offer.
WA gas woes hit Wesfarmers earnings
Wesfarmers says its pre-tax earnings will be cut by up to $20 million a month, as the company feels the impact of gas outages in Western Australia.
ASX marginally in the red
The ASX was marginally in the red at noon, with gold stocks heavily sold off for the second consecutive day on the back of a falling gold price.
ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.