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Markets Live: Shares to drift lower

2015-03-04 00:04:39| Grocery - Topix.net

Shares are poised to follow Wall St down at the open as investors look to this morning's GDP data, while Rio and QBE trade ex-dividend. Myer shareholders are bracing for a sharp fall in earnings and big asset write-downs and provisions over the next few years as the new management team embarks on a multi-year transformation plan to reshape the 115-year-old department store chain.

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