IGmaket
 
 
 
 
 
Weekly Commentary Archive
 
For the latest copy of the Weekly Commentary click here...
 
15th May 2010
Retail giant Harvey Norman (Au: HVN) reported sales from its complexes, commercial divisions and other sales outlets in Australia, NZ, Slovenia and Ireland were up 2.2 percent at A$4.6 billion in the nine months to March 31. Like-for-like sales ...more
 
7th May 2010
A proposed new tax for miners, Greece’s sovereign debt issues, and weak markets in the United States put the skids under Australian stocks during the week. The mining sector was particularly hard hit by the announcement of the Federal government's ...more
 
30th April 2010
Gold continues to trade at well over US$1000 an ounce and its advance has been hastened by recent fractures within the EU over Greece’s sovereign debt problems. Naturally enough, gold miners are doing well but Australia’s biggest gold producer, ...more
 
15th April 2010
Stronger performances from resource and finance stocks helped drive the Australian All Ords index twice through the 5,000-point barrier during the week. The index had broken through 5,000 for the first time in 18 months on Monday before falling prey ...more
 
26th March 2010
Insurance company Tower was demutualised in 1999 and listed on Australian and NZ stock exchanges the same year. In November 2006, Tower's New Zealand and Australian businesses were separated. Tower NZ is involved in general insurance and health and ...more
 
24th February 2010
Restaurant Brands (RBD) enjoyed a strong lift in earnings over 2009-10, driven by the outstanding success of its revamped KFC brand and a solid turnaround in Pizza Hut. A further six KFC stores were rebuilt over the year, bringing total ...more
 
29th November 2009
Wakefield Health (WFD) struck a rough patch in its first half, its interim net profit dropping by 41.2 percent to $3.6 million. WFD's first quarter was affected by negative trends in District Health Board, ACC and self-funded patient ...more
 
15th November 2009
The Australian share market made steady, incremental gains during the week, led in part by firmness in the mining sector. Property trusts, which have tended to lag the market in recent weeks, were also strong. News from this sector was also ...more
 
7th November 2009
Global insurance giant QBE (Au: QBE) reported a 19 percent lift in its net profit to A$1.02 billion for the six months to June 30 on revenue worth A$8.56b, up 22 percent. Earnings per share was 101.4c compared to 96c in the previous ...more
 
27th October 2009
The Australian share market went through a soft patch but maintained its firming trend over the week. The market generally withstood weakness on Wall Street although resource and financial stocks came under downward pressure. Mining giant Rio Tinto ...more
 
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