Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Morningstar Morning Research Update Wednesday, Feb 20, 2013


20-Feb-2013

Overseas Market Report

Stocks were up after the holiday weekend as another large merger could be in the works, this time among office-supplies retailers OfficeMax and Office Depot, which could be a sign of even more merger and acquisition activity to come elsewhere.

The Dow Jones Industrial Average finished up 53.91 points, or 0.39%, to 14,035.67 on Tuesday. The Standard & Poor's 500-stock index rose 11.15 points, or 0.73%, to 1,530.94 and the Nasdaq Composite Index gained 21.56 points, or 0.68%, to 3,213.59... Read More

Foreign Equities (20-Feb-2013 / Close)CloseChange% Change
/Dow Jones (US)14036540.39
/S&P 5001531110.73
/NASDAQ3214220.68
/FTSE 100 Index6379610.96
/DAX 3077521241.62
/CAC 403736691.88
/Nikkei 225 (Japan)11372-36-0.31
/HKSE23144-238-1.02
/SSE Composite Index2383-39-1.60
/BSE Sensitive196361350.69
/NZ 504244300.70

Commodities (20-Feb-2013 / Close)CloseChange% Change
/Aluminium2069-8-0.39
/Copper8016-69-0.86
/Nickel17322-467-2.63
/Gold1605-8-0.50
/Silver29.40.62.20
/Oil - West Texas crude96.40.00.01
/Lead2354-17-0.73
/Zinc213020.11

Currency (20-Feb-2013 / Close)CloseChange% Change
/$A vs $US1.0350-0.0035-0.34
/$A vs GBP0.6707-0.0043-0.64
/$A vs YEN96.81-0.26-0.27
/$A vs EUR0.7729-0.0001-0.01
/$A vs $NZ1.2222-0.0029-0.24
/$US vs Euro0.74680.00230.31
/$US vs UK0.6481-0.0020-0.31
/$US vs CHF0.92230.00080.09

Research Updates (19)

Special Reports (1)
/Hybrids Special Reports: NAB Convertible Preference Shares (NABPA)

Funds (2)
/Vanguard International Shares Index (4489) Bronze
/Vanguard International Small Companies Index (15897) Neutral

Shares (15)
/Asciano (AIO) /Reduce
/Coca-Cola Amatil (CCL) Hold
/Cardno (CDD) Reduce
/Challenger Diversified Property (CDI) /Reduce
/Contact Energy (CEN-NZ) Hold
/Caltex (CTX) /Hold
/Fleetwood Corp. (FWD) Hold
/InvoCare (IVC) /Reduce
/Monadelphous (MND) Reduce
/News Corp (NWS) /Reduce
/Precinct Properties New Zealand (PCT-NZ) /Hold
/Regional Express (REX) /Hold
/Sonic Healthcare (SHL) /Reduce
/Southern Cross Media (SXL) /Hold
/Transfield Services (TSE) Hold

ETFs (0)
There were no research reports published on the previous business day.

Fixed Income (1)
/Tabcorp Bonds (TAHHA) /Accumulate

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news