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Fairfax Media Limited Company Summary
|Principal Industry||Media & Advertising|
Key Developments: Fairfax Media Limited
| Australian Market Report of February 23: Market in Positive Sentiment|
FEB 23, 2010 09:30 - Article Views: 6,506
Australian shares rallied on Monday with gains in resources stocks helped to lift the market. The better-than-expected corporate earnings also fueled the rise. At the close, the benchmark S&P/ASX200 index was 82.4 points, or 1.8 per cent higher, at 4717.5, while the broader All Ordinaries index rose 76.4 points, or 1.6 per cent, to 4732.7.
| Australian Market Report of November 10: Rally to Continue|
NOV 10, 2009 13:00 - Article Views: 9,846
US stocks overnight closed at a new high for the year as the G20 finance ministers and central bankers pledged to keep stimulus measures until a recovery was certain. Dow jumped more than 200 points for the session, with 29 of the index's 30 components finished in the green.
| Australian Market Report of November 9: Market Shrugged Off Disappointing US Jobs Data|
NOV 9, 2009 13:00 - Article Views: 8,507
Wall Street posted a small gain on Friday despite the Labour Department report showed the US unemployment rate broke above 10 per cent in October, up from 9.8 per cent in September. But the number of jobs lost narrowed to the lowest level in more than a year.
| Australian Market Report of October 14: Profit-taking Ahead of US Corporate Earnings|
OCT 14, 2009 13:00 - Article Views: 9,658
US stocks closed mixed overnight as investors took profit ahead of the wave of corporate earnings offset the news of an acquisition in technology sector. Dow index ended slightly lower while the tech-heavy Nasdaq composite was up on Cisco's deal to purchase Starent Networks.
| Australian Market Report of September 23: Wall Street Fresh High|
SEP 23, 2009 13:00 - Article Views: 10,410
After a modest setback on Monday, US shares climbed overnight to a fresh high as investors returned to the market on upbeat outlook on the economy. Meanwhile, positive company earnings reports also helped to lift the market sentiment.
| Australian Market Report of September 18: Wall Street's Weak Leads|
SEP 18, 2009 13:00 - Article Views: 11,562
Wall Street ended its three-day rally after mixed economic data overnight. New claims for unemployment benefits in the US fell for the second consecutive week, but housing starts rose a less-than-expected 1.5 per cent compared with the prior month.
| Australian Market Report of August 24: US Home Sales Boosted Confidence|
AUG 24, 2009 13:00 - Article Views: 11,074
Wall Street posted a fourth day on Friday rise as the US existing home sales data gave investors more confidence that it is the end of the recession. For the week The Dow Jones Industrial Average gained almost 2 per cent, while the Standard & Poor's 500 index added 2.2%.
| Australian Market Report of May 21: Seeking Capital Raising at Discount|
MAY 21, 2009 13:00 - Article Views: 12,033
The Australian shares closed marginally higher on Wednesday despite weak lead from Wall Street and steep quarterly contraction in Japan. The resources stocks were higher on stronger commodities prices. The benchmark S&P/ASX200 was up 7.3 points, or 0.19 per cent, at 3824.6, while the broader All Ordinaries gained 8.3 points, or 0.22 per cent, to 3808.9. Investors are expecting some pullback in recent trading sessions and seeking more fund raisings at discount on the market.
| Australian Market Report of May 15: Rebound on Recovery Hopes|
MAY 15, 2009 13:00 - Article Views: 11,866
The Australian share market yesterday closed significantly lower as investors anticipated further drop in Europe and US. The benchmark S&P/ASX200 index fell 132.7 points, or 3.4 per cent, to 3723.4, while the broader All Ordinaries index declined 131.7 points, or 3.4 per cent, to 3710.8.
| Australian Market Report of May 13: Market Took a Break after Rally|
MAY 13, 2009 13:00 - Article Views: 10,396
Yesterday the Australian shares fell in a day of light trading as the market had a breather after a few weeks of rally. The benchmark S&P/ASX200 index were 1.2%, or 48.8 points, lower at 3877.2, while the broader All Ordinaries index was down 1.2%, or 46.9 points, at 3863.6.
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