Myer to cut permanent staff

Myer to cut permanent staff

AAP Department store chain Myer will cut the number of its permanent staff in favour of casual workers. The department store chain says the move is designed to give it the flexibility to reduce staff hours during quieter periods. A Myer spokesman says voluntary redundancies will be offered at 42 stores.

Australian Markets

  • Aussie shares close higher AAP - 21 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 24, 2015 12:03 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 ...

  • Stocks to watch at close on Tuesday AAP - Tue, Jul 21, 2015 4:20 PM AEST

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

  • 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

  • Toyota’s Dream Car Art Contest Digs Deep, Extracts Essence of Children’s Ideas, Showcased on “Dream Car … Business Wire - 3 hours ago

    TOKYO--(BUSINESSWIRE)-- Toyota Motor Corporation (TMC) today announced the launch of the Toyota Dream Car Art Contest “Dream Car Collection” which will feature a deep dive into children’s creative ideas, bringing them to life via animation and “characters” that will act as the digital ambassadors to the contest. To dig deep into the essence of children’s ideas, Toyota Motor Corporation (TMC) partnered with creative agency Saatchi & Saatchi Fallon Tokyo to design the “Dream Car Collection” campaign. The “Dream Car Collection” site will house the best 93 dream car drawings and will be re-animated and brought to life to showcase the essence of the original idea that spawned the art.

  • Adept Technology Hires Vice President of North American Sales for Fixed Robotics GlobeNewswire - 3 hours ago

    PLEASANTON, Calif. -- Adept Technology, Inc. , a leading provider of intelligent robots, autonomous mobile solutions and services, announced today that it has hired Brian McMorris as Vice President of ...

  • Photo Release -- Boys & Girls Clubs of Indianapolis Honored by Nathan's Famous, Kroger and NASCAR Driver … GlobeNewswire - 5 hours ago

    LISLE, Ill. -- Thanks to Nathan's Famous, the world famous hot dog company, the Boys & Girls Clubs of Indianapolis were celebrated for being leaders in the community and making active play possible by ...

  • J&J Snack Foods posts 3Q profit Associated Press - 7 hours ago

    On a per-share basis, the Pennsauken, New Jersey-based company said it had profit of $1.31. The drink and snack maker posted revenue of $278.7 million in the period. J&J Snack Foods shares have increased ...

  • J & J Snack Foods Reports Third Quarter Sales and Earnings GlobeNewswire - 7 hours ago

    PENNSAUKEN, N.J. -- J & J Snack Foods Corp. (NASDAQ:JJSF) today announced sales and earnings for the third quarter ended June 27, 2015.

  • Mitsubishi, UAW to work together on buyer for Illinois plant Associated Press - 7 hours ago

    Mitsubishi Motors and the United Auto Workers said Monday that they will work together to look for a buyer for the central Illinois plant the company plans to close. The Japanese automaker also said in ...

  • CEA Applauds Taiwan’s Decision to Join ITA Expansion Business Wire - 8 hours ago

    ARLINGTON, Va.--(BUSINESSWIRE)-- The following statement is attributed to Sage Chandler, vice president of international trade, Consumer Electronics Association (CEA) ® , regarding the government of Taiwan’s ...

  • RESTAURANT BRND beats Street 2Q forecasts Associated Press - 11 hours ago

    The Oakville, Ontario-based company said it had profit of 5 cents per share. Earnings, adjusted for one-time gains and costs, came to 30 cents per share. The results exceeded Wall Street expectations. ...

  • America's Car-Mart Opens 142nd Dealership GlobeNewswire - 12 hours ago

    Bentonville, Arkansas -- America's Car-Mart, Inc. (NASDAQ: CRMT) today announced the opening of its 142nd dealership. The dealership is located in Albany, Georgia. Albany is the 7th dealership in Georgia ...

  • Chromatic Elevates its Print Workflow Efficiencies GlobeNewswire - 14 hours ago

    MELVILLE, N.Y. -- Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., today announced that Chromatic Inc., a California-based leading print provider, continues to experience ...