Credit-default swaps on the Markit CDX North America Investment-Grade Index
Series 13, which is linked to 125 companies and used to speculate on
creditworthiness or to hedge against losses, fell 6.5 basis points to a
mid-price of 100.5 basis points as of 12:18 p.m. in New York, according to
February 10, 2010 For the six months to December 31, AVJennings recorded a net
profit of $3.2 million on the back of improved margins, reduced costs and a
bigger emphasis on project management fees. This compared with a loss of $9.7
million for the same period the previous year. No
THE upmarket department store David Jones has streaked ahead of its rival Myer
to record superior sales during the crucial Christmas trading period and unveil
a profit upgrade, thanks to a marked improvement in consumer confidence. The
chief executive of David Jones, Mark McInnes, refused
David Jones has substantially raised its sales forecasts (AAP: Jeremy Piper)
David Jones says profit margins are growing and consumer confidence is
improving. The company has increased its first-half earnings outlook to
approximately 10 per cent growth, from previous estimates of
JB Hi-Fi booked net profit of $76 million for the six months to December 31,
2009, up from $59 million in the prior corresponding period. Sales were up 23
per cent to $1.554 billion, from $1.262 billion. JB Hi-Fi's shares ended the
day down as much as 5.1 per cent, or $1.03, to
Trading the News: Australia Employment Change What’s Expected Time of
release: 02/11/2010 00:30 GMT, 19:30 EST
Primary Pair Impact : AUD/USD Expected:
15.0K Previous: 35.2K
Impact the Australia Employment Change has had on AUDUSD
Southeast Asia’s largest economy grew 5 percent in the three months to Dec. 31
from a year earlier, compared with 4.2 percent in the previous quarter,
according to the median forecast of 18 economists in a Bloomberg News survey.
The statistics bureau is due to release the data at about 10 a.m.
The company's profit is 29 per cent higher than the same period a year earlier,
with a 23 per cent rise in revenue to $1.55 billion. Most of the company's
increase in revenue was due to opening 15 new stores, but sales in its
pre-existing stores were 10 per cent higher. The company's chief
JB Hi-Fi has reported strong sales growth for the year, and the December
period, despite recent ABS figures showing a drop in retail sales (Andrew
Robertson ) Electronics retailer JB Hi-Fi has defied the economic downturn,
posting a $76 million profit in the first half of the 2009-10
JB Hi-Fi booked net profit of $76 million for the six months to December 31,
2009, up from $59 million in the prior corresponding period. Sales were up 23
per cent to $1.554 billion, from $1.262 billion. "Comparable store sales growth
for the period was 9.9 per cent," the company said in a
Credit-default swaps on the Markit CDX North America Investment-Grade Index
Series 13, which is linked to 125 companies and used to speculate on
creditworthiness or to hedge against losses, fell 6.5 basis points to a
mid-price of 100.5 basis points as of 12:18 p.m. in New York, according to
