Time For Just To Say yes?
So will the board of retailer, Just Group, toss in the towel and accept the sweetened "final" offer from Solomon Lew's Premier Investments?
So will the board of retailer, Just Group, toss in the towel and accept the sweetened "final" offer from Solomon Lew's Premier Investments?
So what drove inflation higher?
Our market is doing well today – up 80 – that compares to the 34 point rise the SFE Futures predicted this morning and the 135 point bounce on Wall Street overnight. It's tale of two sectors today, financials rocketing along +4.2%, resources are letting the team down -1%.
The US second quarter reporting season is now delivering bad news in increasing quantities, forcing the usually optimistic and sunny American investors to take stock of what lies ahead for them and the market for the next six months to a year.
First there was retailing, now car sales are down, housing is slumping and credit card transactions are slowing, but still showing some growth.
Property investor Mirvac Group has confirmed that the next 18 months at least are going to be miserable for its shareholders.
Oil Search showed the benefits of the surge in oil prices, especially in the June quarter, with a 52% jump in revenue for the half year to a record $US466.8 million ($A478 million).