Articles tagged with: ASX
Hot Watch List: TELUS Corporation (USA) (NYSE:TU), BCE Inc. (USA) (NYSE:BCE), Advanced Semiconductor Engineering (ADR) (NYSE:ASX), TW Telecom Inc (NASDAQ:TWTC)
TELUS Corporation (USA) (NYSE:TU) provides wireless and wireline telecommunication products and services. The company recently revealed that its 1Q performance was characterized with growth across its two main segments. The company expects to continue posting positive performance in the balance of 2014 as it expands market share, launch new products and services and improve customer experience. TELUS Read more [...]
Mid Cap Losers – Youku Tudou Inc (YOKU), Advanced Semiconductor Engineering (ASX), Jazz Pharmaceuticals plc (JAZZ)
Youku Tudou Inc (ADR) (NYSE:YOKU) (29.17 -5.54%): Weakness in Chinese internet stocks: QIHU, VIPS, YY also lower. Youku Tudou Inc (ADR) (NYSE:YOKU)’s stock in last trading day held volume of 4.08 million shares as compared to its average volume of 4.21 million shares. Shares after opening at $30.98 attained maximum price of $31.03 and then ended up on $28.83 by decreasing -6.64%.
Advanced Semiconductor Read more [...]
Wm Morrison MRW announced that it is expanding into the online grocery channel in London and Southeast Britain via a partnership with distributor Ocado Group OCDO . Morrison, which is late to the game in the online channel relative to competitors in the U.K (namely Tesco TSCO , which executes a store pick-up model), has made growing out its e-commerce and convenience store businesses a strategic priority.
The Read more [...]
National Australia Bank (NAB) delivered a solid allround performance with first-half 2013 cash profit of AUD 2.92 billion, up 3% from first-half last year. The result was just ahead of consensus and slightly below our AUD 3.0 billion forecast. Cash earnings growth was more impressive compared with second-half 2012, up 12% due to a sharp fall in bad debts. The 3% increase in interim dividend to AUD Read more [...]
GPT has sold a 50% interest in Erina Fair shopping centre in New South Wales for AUD 397.1 million at a modest 1% premium to the December valuation. The transaction lines up with GPT’s strategic intent to reduce its exposure to retail, which has fallen from 61% to 54% during the year. GPT’s target portfolio weighting is for 50% in retail, 35% in office and 15% in logistics and business parks. Overall, Read more [...]
Transfield lowered fiscal 2013 underlying net profit after tax (NPAT) guidance to between AUD 62 and AUD 65 million (pre-amortisation and impairments). The downgrade follows the disappointing first-half fiscal 2013 result, with underlying NPAT down 18%, released in February. At the time, Transfield confidently forecast full-year underlying NPAT of between AUD 85 and AUD 90 million. However, the downgrade Read more [...]