Archived Articles ►
Archived Columns ►
Archived Newswires ►
market-movers-zincox-resources-sarantel-group-nighthawk-energy-fastjet-parkmead-57243.html VIDEO REPORT Market Movers: ZincOx Resources, Sarantel Group, Nighthawk Energy, Fastjet, Parkmead
  • Why the S&P ASX200 dived 103 points

    8:04 am

    Why the S&P ASX200 dived 103 points

    China’s first contraction in manufacturing activity in seven months has sent Australian shares falling with the biggest declines coming from the Financial and Telecommunications sectors. The benchmark S&P ASX200 was down 103 points, or 2%, to 5,062.4, the Shanghai Stock Exchange Composite Index down 1.17% to 2,274.81 points and Dow Mini down 129 points to 15,307.17.

  • TZ Limited signs delivery giant TNT Express to A.D.A.M. Parcel Locker network

    2:28 am

    TZ Limited signs delivery giant TNT Express to A.D.A.M. Parcel Locker network

    The addition of leading domestic and international express delivery company TNT Express to its growing A.D.A.M. Parcel Locker Network gives TZ a giant step forward.  It is in a strong position to take on Australia Post and overtake it in the parcel distribution and online logistics business given TZ's "agnostic" delivery platform.

  • Why the Dow swung in near 300 point range

    Wed 11:18 pm

    Why the Dow swung in near 300 point range

    U.S. markets reversed sharp gains from earlier in the session overnight as comments from Fed chief Bernanke and minutes from the latest meeting suggested that the tapering of easing policies could begin soon. In the pre-open markets the Dow-mini is up 14 points to 15,334, while the ASX SPI 200 is off 20 points at 5151.

  • ASF Group forms strategic partnership with China Real Estate Association

    Wed 3:03 am

    ASF Group forms strategic partnership with China Real Estate Association

    The formation of a strategic partnership agreement with China Real Estate Association has the potential to improve ASG Group’s position in the property sector while increasing its exposure in China.

  • Silvercorp Metals implements new mining strategy at Ying District to lower total mining costs

    3:15 pm

    Silvercorp Metals implements new mining strategy at Ying District to lower total mining costs

    Like many of its peers, Silvercorp Metals (TSE:SVM)(NYSE:SVM) has posted fourth quarter results that reflect the current challenges facing the mining industry, but the China-focused silver producer says that it is implementing a new mining strategy at its core operations that will lead to lower total mining costs, with the company also forecasting higher ore production for its next fiscal year. 

  • Toronto-Dominion Q2 profit gains 2% on U.S. retail income; results fall short

    2:21 pm

    Toronto-Dominion Q2 profit gains 2% on U.S. retail income; results fall short

    Toronto-Dominion Bank (TSE:TD), Canada’s second-largest lender by assets, said its fiscal second-quarter profit rose 2 percent as trading-related revenue increased and U.S. retail banking net surpassed domestic gains. Net income for the three months ended April 30 rose to C$1.72 billion, or C$1.78 a share, from C$1.69 billion, or C$1.78, a year earlier. 

  • Wall Street to tumble after China, Fed prompt fears

    1:51 pm

    Wall Street to tumble after China, Fed prompt fears

    U.S. stock futures tumbled on Thursday despite a drop in jobless claims as concerns that the Fed would begin tapering its bond buying program in the near term and weak Chinese manufacturing data combined to hurt investor sentiment.

  • HP tops on the bottom line in Q2

    Wed 10:06 pm

    HP tops on the bottom line in Q2

    Shares of Hewlett-Packard Company (NYSE: HPQ) are soaring in after-hours trading after the company topped expectations in the second quarter.

    HP's earnings dropped 31 per cent to $0.55 per share from the same prior-year period. After adjusting for one-time items, earnings fell 11 per cent to $0.87 per share, six cents ahead of analyst expectations.