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REA Group Limited (ASX:REA) has announced that it expects to recognize a non-cash impairment charge of approximately $180.0 million.

REA Group Limited (ASX:REA) has announced that it expects to recognize a non-cash impairment charge of approximately $180.0 million (pre-and post-tax) in its results for the year ended 30 June 2017. The impairment relates to the carrying value of goodwill for the Group’s Asian reporting segment and reflects a downturn in market conditions in Asia. The impairment has no effect

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During H1FY17, Domino’s Pizza Enterprises Ltd (ASX: DMP) reported 9.4% yoy growth in Same Store Sales

During H1FY17, Domino’s Pizza Enterprises Ltd (ASX: DMP) reported 9.4% yoy growth in Same Store Sales (SSS) revenue driven by business improvement across Australia, New Zealand, Belgium, France, Netherlands, Japan and Germany. Notably, 26.8% yoy growth in Network Sales to more than $1 billion ($1,166.1m) for the first time in the company’s history, driving a +21.1% increase in group revenue

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Shares of Flight Centre Travel Group (ASX: FLT) zoomed 10.4%, after the company updated its 2017 fiscal year (FY17) guidance.

Shares of Flight Centre Travel Group (ASX: FLT) zoomed 10.4%, after the company updated its 2017 fiscal year (FY17) guidance. FLT expects to achieve an underlying profit before tax (PBT) between $325million and $330million for the 12 months to June 30, 2017, after achieving record full year sales and solid second half profit growth. Total transaction value (TTV) is expected

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Fairfax shares plunge after bidders walk away

Following the recent receipt of separate indicative and non-binding proposals from both the TPG Consortium and Hellman & Friedman, the FXJ’s Board determined that it was in the best interests of shareholders to grant both parties access to confidential due diligence to explore whether a whole of company proposal, at a price and on terms that the Board would recommend.However,

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Is it a good time to buy Flight Centre Travel Group Ltd?

Riding on business expansion: Flight Centre Travel Group Ltd (ASX: FLT) has strengthened its corporate travel footprint on Continental Europe. The company, which recently acquired corporate businesses in Germany, Finland, Norway, Denmark and Sweden agreed to acquire a minority interest in 3Mundi, a travel and technology company with operations in France, Switzerland and Spain. FLT will initially invest in a

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Tabcorp’s $11 billion merger with Tatts Group

Australian Competition Tribunal approved the proposed merger of Tabcorp and Tatts and expects to publish reasons for its determination on Thursday 22 June 2017. However, the approval comes with one condition such as Tabcorp must sell the its Odyssey Gaming Services business. The company expects earnings to be realized in first full year following completion of integration of businesses, while

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Domino’s Pizza Enterprises Ltd

During H1FY17, Domino’s Pizza Enterprises Ltd (ASX: DPM) reported 9.4% yoy growth in Same Store Sales (SSS) revenue driven by business improvement across Australia, New Zealand, Belgium, France, Netherlands, Japan and Germany. Further, growth was led by increased customer counts due to the launch of Taste the Colour menu in Australia and New Zealand and improved technology across all markets.

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