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| | | ... 1.9 per cent, at $2.10 Myer expects its annual profit to fall by up to 10 per cent in the current fiscal year as the department store operator endures the worst retailing environment in 30 years. QAN - QANTAS AIRWAYS LTD - up 5.5 cents, or 3.7 per cent ... |
| | | | ... production in Western Australia's Pilbara region. Fellow miner BHP Billiton rose 73 cents, or two per cent, to $37.63. Department store owner Myer said it expected profit to fall by as much as 10 per cent in the current fiscal year, after more than doubling ... |
| | | | ... Treasurer Mathias Cormann said a "secret plan" had been revealed during a Senate Estimates hearing when questioning Finance Department head, David Tune. Senator Cormann asked Tune whether there was anything unusual about the sale of non-financial assets ... |
| | | | ... listed retail is only a small subsector of overall retail and to not over-interpret sales volume figures pertaining to department stores because the retail sector is now so much more sophisticated and multi-layered. Retailers able to operate in a dual ... |
| | | | ... riskier investments, like the Australian dollar, following bad economic news out of the US last week. The US Labor Department on Friday reported that employers added no net workers in August and the unemployment rate was unchanged, a sign that many were ... |
| | | | ... Ambassador to China, Geoff Raby, to help win more mandates from Asian institutional investors. Raby retired from the Department of Foreign Affairs and Trade earlier this month after five years as Ambassador to China, during which time he had helped QIC ... |
| | | | ... 3,256.76. Germany's DAX rose 2.5 per cent at 5,784.85. Shares in Deutsche Telekom slumped 7.6 per cent after the Justice Department filed a lawsuit to stop the company's merger of its unit T-Mobile USA with AT&T Inc. The latest European data published ... |
| | | | ... to 1,210.08, while the tech-heavy Nasdaq Composite shot up 82.26 points (3.32 per cent) to 2,562.11. The US Commerce Department reported that consumer spending, a pillar of the world's largest economy, rebounded 0.8 per cent in July, after a 0.1 per ... |
| | | | ... ratings house responding by placing the US on negative outlook. There have also been reports that The U.S. Justice Department is investigating both S&P and Moody's over ratings of mortgage-backed securities. Standard & Poor's is the leading credit ratings ... |
| | | | ... too many changes to the way we make decisions, its purely helping to build out the capability within the investment department so that we are well position as the fund continues to grow in assets under management." Curtis said the in-house movement is ... |
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