May 23, 2003 (The Australian Financial Review - ABIX via COMTEX) Analysts are expecting gaming machine manufacturer Aristocrat Leisure to announce a profit downgrade. UBS Warburg's Anthony Aboud believes that the company's request for a trading halt is indicative of its intentions to revise...
AIRLINE INDUSTRY INFORMATION-C1997-2001 M2 COMMUNICATIONS LTD Australian budget carrier Virgin Blue Airlines reported a trading profit of AUD500,000 on Monday (18 June) for its first seven months of operation despite initial start-up predictions that it would post a AUD9m trading loss this early in its operations....
The New York Stock Exchange faced further damage to its reputation after it admitted that five specialist trading firms would be charged with improper trading activities.Accusations of improper trading to profit at the expense of investors have been The New York Stock Exchange faced further...
Arbitrage, in its purest form, is defined as the purchase of securities on one market for immediate resale on another market in order to profit from a price discrepancy. This results in immediate risk-free profit. Arbitrage is a very broad form of trading that encompasses many strategies; however, they all...
OMAHA, Neb. -- ConAgra Foods Inc.'s fourth-quarter profit soared on strong results from its commodities trading division and a comparison with results a year ago that were depressed by restructuring charges. The costs of recalling its Peter Pan peanut butter hurt ConAgra's latest results, but its shares rose...
Ten years ago, the notion of a for-profit stock exchange was unthinkable. But since then, the invisible hand has pushed the exchange business model from country club to corporate, culminating in the announced NYSE-Archipelago and Nasdaq-Inet mergers. The effect on the marketplace will be profound and...
As 2005 gathers momentum, what lessons can we learn from such an unpredictable year for trading as 2004? Quoted companies in the UK issued 40 per cent more profit warnings last year than they did in 2003, according to Ernst & Young's latest analysis. Those that issued...
As 2005 gathers momentum, what lessons can we learn from such an unpredictable year for trading as 2004? Quoted companies in the UK issued 40 per cent more profit warnings last year than they did in 2003, according to Ernst & Young's latest analysis. Those that issued a warning saw...
Nov 19, 2001 The Sydney Morning Herald ABIX via COMTEX -- Brokers have downgraded their estimates of Brambles Industries' 2001/2002 net profit by between three and five per cent. The re-rating of the one-time market favourite follows a warning from Brambles chairman, Don Argus,...
CHRISTCHURCH, Oct 27 Asia Pulse - Air New Zealand (ASX:AIZ) today flagged a decline in profit this financial year, blaming a volatile trading environment and record high oil prices. The New Zealand carrier said it expected a profit before tax and unusual items of $NZ220 million (US$152.5 million)...
Whither Instinet? The prob lems of this ECN are about the same as those other alternative trading systems are facing these days: low trading volumes, declining profit margins, a stock market that has turned sour on the once strong stock and a new trading Whither Instinet? The prob lems of...
Whither Instinet? The prob lems of this ECN are about the same as those other alternative trading systems are facing these days: low trading volumes, declining profit margins, a stock market that has turned sour on the once strong stock and a new tra Whither Instinet?...
TOKYO, Nov 14 Asia Pulse - Mitsubishi Corp. (TSE:8058) and three other major trading firms posted year-on-year growth in group net profits for the fiscal first half ended Sept. 30 due to their efforts to shore up their finances. Mitsubishi recorded a consolidated net profit of 43.9 billion...
Members are expected to vote by April 1 on the the CBOT's demutualization plan that would approve the concept of splitting the exchange's electronic trading and open outcry trading floors into two separate for-profit companies. Members are expected to vote by April 1...
NEW YORK AP -- Morgan Stanley Inc., the second-biggest investment bank on Wall Street, said Wednesday its fiscal first- quarter profit soared 69 percent on robust trading and strong advisory fees from stock and bond underwriting. Profit after paying preferred dividends rose to $2.66 billion, or $2.51 per...
Kyodo News International, Tokyo Knight Ridder/Tribune Business News Jul. 30--TOKYO--Sumitomo Corp. said Wednesday its group net profit for the April-June ...uarter grew 21.3 percent from a year earlier due to brisk overseas business and improved business results at a cable TV broadcasting...
Crude futures on the New York Mercantile Exchange Nymex came off slightly Tuesday after closing up for five straight days. The November contract traded above $54 per barrel in overnight trading on escalating unrest in Nigeria, where an export pipeline was set on fire causing approximately 20,000 barrels per day...
Medical supply heavy hitter Henry Schein said Thursday its third- quarter profit missed estimated by 9 cents, sending the company's shares down as much as 4 percent in pre-market trading.