INTERVIEW: ICMM: Miners Must Evaluate Ways To Soften Tax
29th Jun 2010 06:30
(This article was originally published Monday). By Rhiannon Hoyle Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Mining companies need to look at what they can bring to the table if they want to see Australia's planned super-profits tax softened, the president of the International Council on
Read moreMARKET TALK: S&P/ASX 200 Turns Positive After Early Dip
29th Jun 2010 01:49
0049 GMT [Dow Jones] S&P/ASX 200 up 0.3% at 4398.9, hits 4402.2 after early dip to 4370.5, but it's just drifting, amid a lack of fresh catalysts. Energy, materials, financials and telcos now leading broad-based strength, with BHP (BHP.AU) up 0.5%, Rio Tinto (RIO.AU) up 1.6%, Westpac (WBC.AU) up 0.7
Read moreMARKET TALK: Rio Tinto Shareholders May Vote Down BHP JV -RBS
29th Jun 2010 01:23
0023 GMT [Dow Jones] RBS analysts continue to believe that Rio Tinto (RIO.AU) shareholders will not vote for group's planned iron ore joint venture with BHP Billiton (BHP.AU) following a briefing with RIO CEO Tom Albanese. "The iron ore JV synergies were acknowledged but no comments on a potential c
Read moreMARKET TALK: Australian Miners Want Tax Deal Soon - Reports
28th Jun 2010 23:18
2218 GMT [Dow Jones] Despite PM Julia Gillard's truce with the mining sector last week over advertising over the mining tax, tensions still simmering with reports that if there's no progress made by as soon as the end of this week, the open dispute could be back on. The Australian newspaper quotes s
Read moreAustralia Miners Body Sets 2-Week Deadline In Tax Talks -Report
28th Jun 2010 22:33
SYDNEY (Dow Jones)--The Association of Mining & Exploration Companies has set a two-week deadline for a resolution to talks on the Australian government's proposed resource super profits tax, failing which it will resume its advertising campaign against the tax, says the Australian Financial Review
Read moreADR Report:Close Slightly Lower With Latin America, Asia Weighing
28th Jun 2010 22:01
By Victoria Finkle Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed slightly down Monday, on a late-day slump over worries that the Group of 20's pledge to slash budget deficits could impact global growth. The Bank of New York index of ADRs
Read more2nd UPDATE: ICMM: Miners Must Evaluate Ways To Soften Tax
28th Jun 2010 17:14
(Adds quotes and details.) By Rhiannon Hoyle Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Mining companies need to look at what they can bring to the table if they want to see Australia's planned super-profits tax softened, the president of the International Council on Mining and Metals sa
Read moreUPDATE: ICMM: Miners Must Evaluate Ways To Soften Tax
28th Jun 2010 17:02
(Adds comments, details.) By Rhiannon Hoyle Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Mining companies need to look at what they can bring to the table if they want to see Australia's planned super-profits tax softened, the president of the International Council on Mining and Metals sai
Read moreINTERVIEW: ICMM: Miners Must Evaluate Ways To Soften Tax
28th Jun 2010 16:47
By Rhiannon Hoyle Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Mining companies need to look at what they can bring to the table if they want to see Australia's planned super-profits tax softened, the president of the International Council on Mining and Metals said Monday. In an interview
Read moreMARKET TALK: S&P/ASX 200 Down 0.5% On Sell Programs
28th Jun 2010 02:47
0147 GMT [Dow Jones] S&P/ASX 200 down 0.5% at 4391.9, hits fresh 2-week low of 4385.9 amid talk of a couple of sell programs, which have pushed the market down in the face of 0.3% rise in AUD/USD. Among heavyweights, BHP (BHP.AU) down 0.9%, Rio Tinto (RIO.AU) down 1.2%, Westpac (WBC.AU) down 0.6%, W
Read moreSUBSCRIBERS: Energy Resources Of Australia Rating By Merrill Lynch Already Reported
28th Jun 2010 01:28
Please disregard the latest headline on Energy Resources of Australia's rating from Merrill Lynch. The news was reported on May 31. (END) Dow Jones Newswires June 27, 2010 20:28 ET (00:28 GMT)
Read moreAustralia PM Gillard To Offer Miners Deal This Week - Report
27th Jun 2010 22:45
SYDNEY (Dow Jones)--The Australian government under new prime minister Julia Gillard plans to announce changes to the proposed resource super profits tax this week, according to a report Monday in the Sydney Morning Herald. The paper says the government will seek to quickly tackle problems that
Read moreMARKET TALK: S&P/ASX 200 S&P/ASX 200 Leads Mostly Flat
27th Jun 2010 00:26
2326 GMT [Dow Jones] S&P/ASX 200 offshore leads mostly flat, with overnight SPI 200 futures down 3 points at 4414.0, as agreement on U.S. financial regulations offset disappointing U.S. GDP data. DJIA down 0.1% at 10143.81, S&P 500 up 0.3% at 1076.76, Nasdaq up 0.3% at 2223.48. On the weekend, G-20
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
25th Jun 2010 11:27
0803 GMT [Dow Jones] Exane BNP Paribas cuts National Grid (NG.LN) price target by 6% to 645p to reflect the adjusted number of shares after the rights issue. Also takes into account that National Grid went ex-dividend on June 2. After the rights issue, estimates NG's financing needs are covered unti
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
25th Jun 2010 11:27
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1027 GMT [Dow Jones] The new Australian prime minister's apparent willingness to renegotiate the proposed Resource Super Prof
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