RBA happier with dollar and the economy

RBA happier with dollar and the economy

AAP The Reserve Bank appears happier about the economy and the falling Australian dollar, making the chance of another interest rate cut less likely in the near future. The RBA board on Tuesday left the cash rate at a record low of two per cent for a third straight month after making quarter of a percentage point cuts in May and February. Governor Glenn Stevens gave an upbeat assessment of the A…

Australian Markets

  • Stocks to watch at close on Tuesday AAP - 5 hours ago

    Mining giant BHP Billiton has been given until 2016 to go ahead with the expansion at the Olympic Dam mine in South Australia.

  • Aussie shares close higher AAP - 5 hours ago

    The Australian share market closed higher on Thursday, with positive manufacturing data out of the US overnight and China during the day promoting positive investor sentiment.

  • Stocks to watch at noon on Friday AAP - Fri, Jul 31, 2015 12:12 PM AEST

    Stocks to watch on the Australian stock exchange at noon on Friday.

  • Stocks to watch at noon on Thursday AAP - Thu, Jul 23, 2015 12:04 PM AEST
    Stocks to watch at noon on Thursday

    Stocks to watch on the Australian stock exchange at noon on Thursday: CIM - CIMIC - up 30 cents, or 1.28 per cent, at $23.66 Construction giant CIMIC says it remains on track to meet its its full year ...

  • Aust shares close flat AAP - Fri, Jul 17, 2015 4:17 PM AEST

    Australian shares have finished flat as all eyes turn to a meeting of central bankers in Jackson Hole, Wyoming.

  • Merck board OKs additional $10 billion stock buyback plan Associated Press - Wed, Mar 25, 2015 8:36 AM AEDT

    Merck & Co. says its board approved the repurchase of up to $10 billion more of its stock. The drugmaker said Tuesday that amount will be added to the $1.7 billion remaining available for repurchase under ...

  • Whiting and McCormick are big market movers Associated Press - Wed, Mar 25, 2015 7:39 AM AEDT

    Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Whiting Petroleum Corp., down $7.48 to $30.91 The oil and gas company priced a ...

  • Ahead of the Bell: Chesapeake Energy shares stage rally Associated Press - Wed, Mar 25, 2015 12:27 AM AEDT

    When your stock price tumbles faster than the cost for a barrel of oil, it's hard for a company like Chesapeake Energy to give investors something to cheer about. But the Oklahoma City oil and gas provider ...

  • European stocks rise in opening deals AFP - Fri, Mar 20, 2015 10:18 AM AEDT
    European stocks rise in opening deals

    Europe's main stock markets advanced at the start of trade on Friday, with London's benchmark FTSE 100 index up 0.27 percent at 6,981.23 points. Elsewhere, Frankfurt's DAX 30 index added 0.36 percent to ...

  • GoDaddy plans to raise as much as $418 million in IPO Associated Press - Fri, Mar 20, 2015 7:48 AM AEDT

    GoDaddy, the Web hosting company known for its racy Super Bowl commercials, said Thursday that it hopes to raise as much as $418 million in an initial public offering. GoDaddy said in June that it was ...

 

Company Finances

  • ADM misses Street 2Q forecasts Associated Press - 16 minutes ago

    Archer Daniels Midland Co. (ADM) on Tuesday reported second-quarter profit of $386 million. The Chicago-based company said it had profit of 62 cents per share. Earnings, adjusted for non-recurring gains, ...

  • Coach tops Street 4Q forecasts Associated Press - 17 minutes ago

    The New York-based company said it had profit of 4 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 31 cents per share. The results topped ...

  • Cosi, Inc. Announces Earnings Call for 2015 Second Quarter Results GlobeNewswire - 1 hour 12 minutes ago

    BOSTON -- Cosi, Inc. (NASDAQ:COSI), the fast casual restaurant company, today announced that it expects to release 2015 second quarter results after the close of market on August 13, 2015, and to host ...

  • Special Olympics Team Canada Has Returned from LA GlobeNewswire - 1 hour 26 minutes ago

    TORONTO -- Special Olympics Canada is thrilled to welcome Team Canada back after an incredible two weeks of competition at the 2015 Special Olympics World Summer Games in Los Angeles, California. Team ...

  • iQU Group launches Mobilize - Marketing Agency for Mobile Games GlobeNewswire - 6 hours ago

    HAARLEM, The Netherlands -- via PRWEB - iQU Group today announced the launch of its new outfit, Mobilize, focused exclusively on the mobile games market to help developers self-publish successful mobile ...

  • Food tech startups raking in cash: survey AAP - 9 hours ago

    Farm and food tech startups were red-hot in the first half of 2015, pulling in $US2.06 billion ($A2.82 billion) from investors, a new survey shows. The amount of money pouring in -- amid an overall boom in tech investments -- could be revised since some of the investments are not publicly disclosed, AgFunder said. The second quarter saw 99 deals totaling $971 million "which we expect to revise upward as additional funding data trickles in," AgFunder chief executive Rob Leclerc said.

  • Toyota quarterly profits up 10% to $5.2 bn, lifts sales forecast AFP - 11 hours ago
    Toyota quarterly profits up 10% to $5.2 bn, lifts sales forecast

    Toyota on Tuesday said quarterly net profit jumped 10 percent from a year earlier and raised its fiscal-year revenue forecast but warned over prospects in China, the world's biggest vehicle market. Toyota and Volkswagen are locked in a tight race for the title of world's biggest automaker this year, after the German giant outsold its Japanese rival in the first half. Toyota -- which also said its fiscal year to March revenue would be slightly higher than the expected 27.8 trillion yen -- credited a weak yen and cost cuts for its latest financial results.

  • Responsible Fans Rewarded at Pocono Raceway GlobeNewswire - 12 hours ago

    Long Pond, PA -- Responsible fans earned valuable rewards at Sunday's Windows 10 400 at Pocono Raceway. The track, NASCAR, Coors Light and Techniques for Effective Alcohol Management (TEAM) Coalition partnered ...

  • US auto sales strong in July on SUV, luxury demand Associated Press - 15 hours ago
    US auto sales strong in July on SUV, luxury demand

    More Americans are buying cars that say "look at me." Luxury vehicles like Audis and Volvos drove off dealer lots at a furious pace in July and, combined with sizzling demand for SUVs, helped ...

  • Fossil Group, Inc. to Hold Second Quarter Fiscal 2015 Earnings Call and Webcast on Tuesday, August 11, … GlobeNewswire - 15 hours ago

    RICHARDSON, Texas -- Fossil Group, Inc. (NASDAQ:FOSL) announced today that its earnings for the fiscal second quarter ended July 4, 2015 will be released following the market close on Tuesday, August 11, ...