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CBA, CSL drag ASX lower as earnings season kicks into gear

2015-02-11 11:26:18| Biotech - Topix.net

Commonwealth Bank tumbled 0.8 per cent to $91.86 after CEO Ian Narev reported an 8 per cent increase in cash profit. Photo: James Alcock Shares sank after an initial bounce on Wednesday, as investors digested a deluge of profit results including a disappointing earnings forecast from CSL and solid but unspectacular profit results from a host of other big names.

Tags: lower season gear earnings

 

Wall Street advances on Greek debt hopes, Coke earnings

2015-02-11 08:23:31| Beverages - Topix.net

U.S. stocks climbed on Tuesday, bouncing from two straight declines, on hopes a deal in Greek debt negotiations was drawing closer along with a lift from Coca-Cola earnings. Bobbi Rebell reports.

Tags: street wall debt greek

 
 

US stocks advance on earnings, possible Greece deal

2015-02-11 05:18:51| Beverages - Topix.net

A mix of positive earnings and corporate news boosted stocks on Tuesday. Signs that Greece might be willing to broker a deal with its creditors also gave the market a lift.

Tags: deal advance greece stocks

 

Markets Live: Earnings avalanche

2015-02-11 00:51:43| Agriculture - Topix.net

Shares are set for an upbeat start after fears of a Grexit eased overnight and as CBA unveils another bumper profit amid results from CSL, Boral, Domino's and Suncorp. Goodman Fielder has reiterated its support for a $1.3 billion offer from Wilmar International and First Pacific after delivering a flat first-half profit result , with underlying net profit slipping 1 per cent to $29.7 million as cheaper milk and wheat costs countered falling prices in bread and spreads .

Tags: live markets earnings avalanche

 

Sealed Air realeses 4Q earnings

2015-02-10 23:32:18| Industrial Machines - Topix.net

Sealed Air Corp., the Bubble Wrap maker that is moving its headquarters to Charlotte, N.C. from Elmwood Park, said fourth-quarter income rose and the company announced its 2015 earnings outlook, lifting its shares. The company said fourth-quarter net earnings from continuing operations soared to $66.3 million or 31 cents a share, from $29 million, or 15 cents.

Tags: air earnings sealed sealed air

 

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