Finance News (Page 635)

Optimism on Wall St: Aus shares to open higher

12 Jan 2018 - Market Outlook in 3 mins: Money has gone back in to the markets after yesterday’s falls, with the major markets on Wall Street finishing in the green. Real estate investment trust Charter Hall REIT’s (ASX:CQR) Moody’s rating moves from negative to stable. Wagners (ASX:WGN) confirms it has entered into confidential contract negotiations with Indian company Adani for the potential future construction of a private airstrip for fly-in, fly-out workers for the Charmichael coal mine.

Downfall: Aus shares 0.52% lower at noon

11 Jan 2018 - Following weak leads from US markets, the Australian share market opened lower and is continuing to drop as the day progresses. Retail sales increased 1.2 per cent in November, lifted by the iPhone X release and Black Friday sales. Parent company of Big Review TV, Big Un, (ASX:BIG) reports it has achieved cash revenue for the second quarter of FY2018 of $22.5 million, which is a 50 per cent increase from the first quarter of [...]