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| | | ... retailer posted a better than expected first half profit of $88 million. "The market has greeted it particularly well," Mr Heffernan said. "Given the equanimity of world markets last night, we were going to be in the green when we started. and Myer has ... |
| | | | ... data. "When you get a harbinger of a sector putting out a very good result, it flows through to the rest of them," Mr Heffernan said. "That's clearly what's happening here." On a negative note, the materials sector and energy stocks had both fallen 0.31 ... |
| | | | ... "The overseas markets have shown very strong resilience and that is certainly powered our market opening today," Mr Heffernan said. "There's no major black spots on the international horizon and I think that has given a lot of confidence to our market. ... |
| | | | ... Wall Street at the start of the Australian trading day. "I think largely we are following what happened overseas," Mr Heffernan said. US stocks closed lower in overnight trade, with the Dow easing 0.69 per cent, the S&P500 falling 0.52 per cent and the ... |
| | | | ... on overseas markets. "Looking at overseas markets last night, it was like a sea of green everywhere you looked," Mr Heffernan said. "It was a great night last night, largely due to what I call the incredibly shrinking fiscal cliff. "There's clear signs ... |
| | | | ... fallen. "It's a monty that when overseas markets are down by two per cent we are going to be down no matter what," Mr Heffernan said. "The fact that we are down one per cent is probably not a bad effort. Mr Heffernan said he believed overseas markets ... |
| | | | ... conditions had cut almost $22 billion from tax receipts over the forward estimates and $4 billion alone in 2012/13. Mr Heffernan said the report had had little impact on stocks as much of it had been leaked to the media and already factored into the ... |
| | | | ... positive set of offshore leads. "You would have expected our market to show a bit more finesse than what it has so far," Mr Heffernan said. Wall Street closed Friday night's (AEST) offshore session higher. The Dow Jones Industrial Average and S&P500 ... |
| | | | ... week, was behind the early gains. "That's feeding into stronger performances in the commodities-related stocks," Mr Heffernan said. "Clearly, the resources stocks are, in a relative sense, booming, you might say, compared to where they have been." On ... |
| | | | ... by what I would call within the standard error or a normal day's activity, even though they finished down a bit," Mr Heffernan said. Wall Street closed slightly weaker - the Dow Jones Industrial Average slipped 0.17 per cent and the S&P500 backpedalled ... |
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