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Nichols margin focus pays off in FY profits boost

2016-03-02 13:19:00| Daily beverage news and comment - from just-drinks.com

Nichols has posted a jump in full-year profits despite flat sales, as the company cut back on discounting and focused on margin growth.

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ASX breaks through 5000 in energy and bank boost

2016-03-02 05:04:09| Automakers - Topix.net

The Australian sharemarket broke through the crucial 5000 mark on Wednesday morning, fuelled by a strong rally in energy and banking stocks. At 12:45pm Sydney time, the S&P/ASX 200 index was sitting at 5010 points, up 1.7 per cent.

Tags: energy bank breaks boost

 
 

China shares higher on liquidity boost

2016-03-01 03:29:37| BBC News | Business | UK Edition

Chinese shares trade higher after a fresh stimulus push from the central bank to boost liquidity.

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How airlines are cutting fares to offset the weak economy and boost demand

2016-02-29 22:59:04| Airlines - Topix.net

Airlines in Canada and around the world are using discounted airfares to stimulate demand, trading fuller planes for lower yields as the economy weakens. Air Canada and WestJet Airlines Ltd. reported strong load factors in January, with both airlines filling 80.1 per cent of their available seat capacity last month.

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UPDATE 2-Icahn offers to buy rest of Federal-Mogul to boost auto business

2016-02-29 16:11:27| Auto Dealers - Topix.net

Billionaire Carl Icahn's investment company offered to buy the 18 percent of auto parts maker Federal-Mogul Holdings Corp offered to pay $7 per share in cash, sending the company's stock soaring nearly 41 percent to $7.02 in premarket trading. The latest investment from Icahn Enterprises, whose auto business was its second largest by revenue in 2014, comes after a record year of U.S. auto sales and in the same month it closed the acquisition of Pep Boys-Manny Moe & Jack, another U.S. auto parts retailer.

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