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Markets Live: Oil slide hits ASX hard
2014-12-01 05:25:00| Grocery - Topix.net
There's no end to the savage slide in global oil prices, which is taking a huge toll on the local energy sector, while Metcash slumps on a poor earnings and the dollar plumbs new four-year lows. Oil prices are continuing to slide , with US crude falling more than $US2 to a five-year low today, while Brent futures have touched a fresh four-year low, extending a steep sell-off after OPEC decided not to cut production last week , keeping markets well supplied.
Markets Live: ASX slips on oil
2014-12-01 01:15:28| Grocery - Topix.net
The sharemarket has opened slightly lower, led down by energy stocks after another bruising session for global oil prices, while Metcash takes a beating over this morning's profit warning. Atlas Iron shares have dropped 85 per cent this year and the market says the company is now worth only $166 million, down from as much as $3.5 billion in 2008 and $1.1 billion at the start of this year .
Markets Live: ASX slips on oil
2014-12-01 01:15:27| Grocery - Topix.net
The sharemarket has opened slightly lower, led down by energy stocks after another bruising session for global oil prices, while Metcash takes a beating over this morning's profit warning. Capital city house price growth continued to slow in November , with only Sydney, Brisbane, Perth and Hobart showing any month-on-month advance, according to the latest report from CoreLogic RP Data.
Markets Live: ASX to slip on oil
2014-12-01 00:15:31| Grocery - Topix.net
Investors are bracing for further losses at open of trade as the oil price continues to plunge, ahead of key Chinese manufacturing data at midday. Metcash's first-half underlying net profit fell 9 per cent to $101.7 million as the grocery, liquor and hardware wholesaler cut grocery prices and spent more on marketing to drive sales growth.
Poland's nc+ goes live with ADB Wi-Fi satellite STB
2014-11-26 20:00:19| Digital TV News
ADB (SIX: ADBN) has announced that Polish satellite operator, nc+, has selected ADBs new platform, set-top box software, and associated software integration services to underpin its multi-room and multi-screen strategy.
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