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| | | ... $1.5 billion expansion plan would create 6,000 jobs over the next three years. Wesfarmers was up nine cents at $29.82. Virgin Australia said its proposed new ownership structure - where its international operations were split into a separate, unlisted ... |
| | | | Move on people, nothing to see here. There were no significant portends from data releases overnight - nothing that would make ordinary investors jump with joy or hang their heads in sorrow. A fine excuse for us Australians to head for the pub early ... |
| | | | Boring! If there's one word to describe last week's financial market activity, this is it. Sure, sure Virginia. You, I and Irene began doubting the global growth outlook anew midweek last week - that it would be lower than expectations - following disappointing ... |
| | | | Looks like investors are again getting the hippy, hippy shake. Yes, Virginia, investors are seemingly unsure which way to go from here. Continue gobbling (stocks) or start wobbling. You'll get that same feeling when you look at Wall Street's performance ... |
| | | | "U.S. Stocks Fall as Commodities Decline on China Concern" -Bloomberg "Chinese growth concerns drag equities, $A lower" -Australian Financial Review "Investors Should Be Getting Out' of Stocks" -Bloomberg TV These were the Chicken Little headlines that ... |
| | | | ... rating downgrade in four days, with Moody's cutting its ratings by one notch. The investment bank was steady at $27.38. Virgin Australia said all conditions for its proposed ownership restructure had been satisfied or waived, meaning the company could ... |
| | | | They just keep on coming. One after another, they're rolling in. Exactamondo Virginia! More upside surprises came out of Uncle Sam's country last night. Better days are getting happier. Happy days are getting better. Wall Street is happy and it knows ... |
| | | | It really does pour when it rains. I'm talking about the pouring of positive economic and survey stats primarily out of America in recent months and the optimism it engenders in investors everywhere and the virtuous cycle that this optimism has started ... |
| | | | "I'm afraid to buy And I don't know why I'm jealous of the people who Are not afraid to buy" "Coz now stocks are fallin' Fallin' fast again." My apologies to Teri de Sario for my rendition of his classic "Fallin'", it's just that by changing a few words ... |
| | | | So what were all those grim headlines we read about yesterday all about? Those that went along the lines of, "we're doomed (again) because Big Ben's no longer our friend". Well, Big Ben's testimony before the US Congress continued overnight, again there ... |
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