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Australia and New Zealand Banking Group Ltd Won Bank Fees Case

Won Bank Fees Case: Australia and New Zealand Banking Group Ltd (ASX: ANZ) has won the bank fees case against IMF Bentham class action. The High Court has dismissed IMF’s appeal pertaining to class action against the bank since 2010, claiming it unfairly overcharged people for paying their credit card bills late. Meanwhile, ANZ stock has risen 6.1% in the

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Eight Fully franked dividend paying blue-chips

Won Bank Fees Case: Australia and New Zealand Banking Group Ltd (ASX: ANZ) has won the bank fees case against IMF Bentham class action. The High Court has dismissed IMF’s appeal pertaining to class action against the bank since 2010, claiming it unfairly overcharged people for paying their credit card bills late. Meanwhile, ANZ stock has risen 6.1% in the

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Fortescue Metals Group Ltd Low Cost Producer

Low cost producer: Fortescue Metals Group Ltd (ASX: FMG) stock surged over 5.6% on August 05, 2016 driven by the rally in the commodity prices. Being a low cost producer against its peers across the world, the recovery in the prices would further drive its performance for the coming periods. The group achieved over 169.4mt and reported cash costs of

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Fortescue Metals Group Limited Solid June Quarter Production

Solid June quarter production: Fortescue Metals Group Limited (ASX: FMG) surged 7.04% on July 27, 2016 with the updates on delivering shipments of 43.4 million tonnes of iron ore having cash production costs (C1) of US$14.31 per wet metric tonne (wmt), which is a decline of 3% against the March 2016 quarter and 35% against prior corresponding period. FMG also

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Fortescue Metals Group Limited Stable Outlook From Moody’s

Stable outlook from Moody’s: Fortescue Metals Group Limited (ASX: FMG) stock surged over 7.9% on June 27, 2016 driven by the Moody’s Investors Service stable outlook on the group. Moody’s issued a rating of Ba3. Moreover, Moody’s stated that the group decreased breakeven costs in the second half of fiscal 2016 and has sufficient room to maintain leverage metrics at

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Fortescue Metals Group And Orora Are Moving High

Stable outlook from Moody’s: Fortescue Metals Group Limited (ASX: FMG) stock surged over 7.9% on June 27, 2016 driven by the Moody’s Investors Service stable outlook on the group. Moody’s issued a rating of Ba3. Moreover, Moody’s stated that the group decreased breakeven costs in the second half of fiscal 2016 and has sufficient room to maintain leverage metrics at

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Fortescue Metals Group Limited Management Changes

Management Changes: Fortescue Metals Group Limited (ASX: FMG) stock fell over 2.9% on June 21, 2016 due to fall in commodity prices. The group reported that they appointed Mr Stephen Pearce as Chief Financial Officer, who comes with international finance and leadership experience to drive the group’s growth and financial position. FMG delivered over 87.7% in the last six months

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