Monthly Archives: February 2017

Is the Australian Economy ready for a rebound? Straight from the horse’s mouth

As per Philip Lowe, the Governor of the Reserve Bank of Australia, the global economy seems to be on a steadier track compared a year-ago scenario, with growth target for 2016 being achieved in China and improved economic position in the United States, while Europe continues to sail on a recovery platform. Although broader picture has improved, risks do prevail

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One stock that crashed heavily – iSentia Group Ltd

Subdued 1H 17 Performance: iSentia Group Ltd (ASX: ISD) stock fell over 35.4% on February 22, 2017 after the company reported weak first half 2017 results. ISD in the 1H 2017 has reported for 5% growth in the revenue to $79.6 million. On the other hand, the underlying NPATA fell 17% to $12.4 million year on year (yoy). The company

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Fairfax Media Ltd Net profit grew 6% in 1H 17

Net profit grew 6% in 1H 17: Fairfax Media Ltd (ASX: FXJ) stock also rose over 8.05% on February 22, 2017 given the 6% growth in the underlying net profit to $84.7m during first half of 2017. However, the group revenue for continuing businesses fell 5.8% to $902.9m. The Domain Group posted the strong digital advertising growth of 15%, notwithstanding

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McMillan Shakespeare Ltd.’s Completed two acquisitions in UK

Completed two acquisitions in UK: McMillan Shakespeare Ltd.’s (ASX: MMS) stock surged 8.41% on February 22, 2017 given their solid first half 2017 results. MMS has reported for 2.9% growth in the Segment Revenue to $250.4 million in the 1H 2017 and the segment EBITDA grew 1.8% to $66.4 million. The UNPATA grew 0.8% to $42.1 million over the prior

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