Murray warns of ratings risk

Murray warns of ratings risk

AAP Australia's prized AAA credit rating is increasingly at risk, setting the scene for some nasty knock-on effects across the entire economy, the head of the government's financial systems inquiry has warned. David Murray says ratings agencies would be increasingly uneasy about Australia's budget position. Mr Murray said continued budget deficits would bring Australia's debt levels closer to a …

Australian Markets

 

Company Finances

  • Kabam and Longtu Games Announce Strategic Agreement to Launch Marvel Contest of Champions in China Business Wire - 46 minutes ago

    SAN FRANCISCO--(BUSINESSWIRE)-- Kabam, a world leader in AAA mobile free-to-play games, and Longtu Games, China’s leading web and mobile games developer and publisher, today announced a strategic agreement for Longtu to distribute Kabam’s hit game Marvel Contest of Champions in China later this year. Marvel Contest of Champions will be Kabam’s first game developed for the West and published in China.

  • MSA Safety misses Street 1Q forecasts Associated Press - 8 hours ago

    On a per-share basis, the Cranberry Township, Pennsylvania-based company said it had net income of 26 cents. Earnings, adjusted for one-time gains and costs, were 42 cents per share. The results fell short ...

  • Final Glance: Beverages companies Associated Press - 8 hours ago

    Shares of some top beverages companies were mixed at the close of trading: Anheuser-Busch Inbev ADR rose $1.12 or .9 percent, to $124.84. Coca-Cola Co. fell $.06 or .1 percent, to $40.83. Dr Pepper Snapple ...

  • Final Glance: Food companies Associated Press - 8 hours ago

    Shares of some top food companies were mixed at the close of trading: ConAgra Foods Inc. fell $.17 or .5 percent, to $37.35. General Mills Inc. fell $.33 or .6 percent, to $56.05. Hormel Foods Corp. fell ...

  • Final Glance: Tools and Appliances companies Associated Press - 8 hours ago

    Shares of some top tools and appliances companies were mixed at the close of trading: General Electric Co. rose $.08 or .3 percent, to $26.88. Snap-On fell $.87 or .6 percent, to $153.06. Stanley Works ...

  • Final Glance: Consumer companies Associated Press - 8 hours ago

    Shares of some top consumer companies were down at the close of trading: Clorox fell $.94 or .9 percent, to $108.30. Colgate-Palmolive Co. fell $.19 or .3 percent, to $68.98. Kimberly-Clark Corp. fell ...

  • Final Glance: Autos companies Associated Press - 8 hours ago

    Shares of some top autos companies were mixed at the close of trading: Ford Motor Co. rose $.13 or .8 percent, to $15.90. General Motors Co. rose $.19 or .5 percent, to $35.78. Honda Motor Co. fell $.14 ...

  • Fossil Group, Inc. to Hold First Quarter Fiscal 2015 Earnings Call and Webcast on Tuesday, May 5, 2015 … GlobeNewswire - 10 hours ago

    RICHARDSON, Texas -- Fossil Group, Inc. announced today that its earnings for the fiscal first quarter ended April 4, 2015 will be released following the market close on Tuesday, May 5, 2015.

  • J&J Snack Foods posts 2Q profit Associated Press - 10 hours ago

    The Pennsauken, New Jersey-based company said it had profit of 78 cents per share. The drink and snack maker posted revenue of $225 million in the period. J&J Snack Foods shares have decreased roughly ...

  • J & J Snack Foods Reports Second Quarter Sales and Earnings GlobeNewswire - 10 hours ago

    PENNSAUKEN, N.J. -- J & J Snack Foods Corp. today announced sales and earnings for the second quarter ended March 28, 2015.