[ad_1] Advance Auto Parts, Inc. (NYSE: AAP)’s stock value took a rollercoaster ride since the start of the recent year, with the year-to-date change of +77.99. Considering the last full year performance, …
Read More »Lowy’s exit puts $860m block on Scentre stage
[ad_1] Here’s something for equity capital markets teams to talk about at next week’s annual shindig. At what price could you sell an $850 million-odd stake in Westfield Australia and New Zealand shopping centres …
Read More »Banking royal commission prompts $51.5m funding boost to hear cases, new enforcement body
[ad_1] Posted November 16, 2018 01:06:41 Photo: The royal commission into banking and financial services could lead to a busy period for prosecutors. (AAP: David Geraghty) Related Story: Westpac executives take pay …
Read More »British Brexit turmoil spooks investors, boosts dollar, yen
[ad_1] The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain’s Brexit deal with the European Union was plunged into uncertainty, spooking investors across currency markets. The resignation …
Read More »Retailers struggle as Australia expected to spend billions this holiday season
[ad_1] The Christmas shopping season has kicked off with Australians predicted to spend more than $50 billion these holidays. The National Retailers Association believes from today, Christmas sales will be $16.4 billion, …
Read More »Wesfarmers undeterred by UK debacle
[ad_1] Wesfarmers still believes Bunnings could have succeeded in the UK given enough time, despite the conglomerate’s $1 billion hit from the disastrous and short-lived overseas venture. Chairman Michael Chaney told Wesfarmers …
Read More »Weekday hack helped me save $12K
[ad_1] When it comes to saving, Kimberley Dobson says she’s now made it her weekly hobby. Throughout high school, Ms Dobson worked various part-time jobs and saved for university, because furthering her …
Read More »Regulators admit mistakes, promise to get tough
[ad_1] APRA’s focus was on delivering “good prudential outcomes”, he said, “and we think that’s largely happened”. Loading “What the royal commission I think has highlighted, though, are some very important points …
Read More »BHP Share Price Down on China Worries
[ad_1] At time of writing, BHP Billiton Limited [ASX:BHP] is down 0.7%, along with other major miners, Rio Tinto Limited [ASX:RIO], South32 Limited [ASX:S32] and Fortescue Metals Group Limited [ASX:FMG]. Of these, Rio Tinto is down the most at 1.5%, and …
Read More »GrainCorp profit dries up, almost halving to $ 70 million on drought
[ad_1] "In response to the constrained grain availability, the grain business is focusing on network rationalization, cost reduction and domestic shipments." Further rains needed The fortunes of GrainCorp are in stark contrast …
Read More »