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Platinum Asset Management Limited reports full-year results: Should you buy?
So What: Over the past 19 years Platinum's flagship International Fund has appreciated an average 13.01%pa - easily outperforming the benchmark MSCI World Index (5.6%pa) and the Australian All Ordinaries Accumulation Index (9.34%pa).
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Ardent posts 38% profit rise
Ardent Leisure recorded a full-year profit increase of almost 38 per cent and says growth in its Main Event family entertainment business will grow materially in fiscal 2015 after it reached 21 per cent of group earnings this year.
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Rick Perry vows to fight indictment
Texas Governor Rick Perry, a potential 2016 Republican presidential candidate, is vowing to fight charges he abused his power, calling the indictment a politically-motivated "farce".
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Senate jam a sovereign risk: Robb
The Senate blockade of major budget reforms threatens to intensify concerns about levels of sovereign risk in Australia, Trade Minister Andrew Robb has warned as the government embarks on new talks this week to pass unpopular savings.
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UK recovery 'more than half way'
Britain's economy is "more than half way" down the path to full recovery, but any interest rate rises will be "limited" and "gradual", Bank of England boss Mark Carney said Sunday. In an interview with The Sunday Times, Mr Carney declared that the ...
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Labor says budget can't be saved
Senior Labor frontbencher Tanya Plibersek says the federal government should go back to the drawing board on its "stinking" budget that breaks so many promises.
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NAB sees more problems ahead for UK arm
National Australia Bank has flagged it will have to add further provisions to cover the fallout from poor conduct at its British operations, as the lender posted a 7 per cent rise in third quarter profit.
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Leaner BHP to take shape
DataRoom · Equity Capital Markets · Industries · Resources and Energy. Andrew Mackenzie's pitch to become the shareholder-friendly chief executive of BHP Billiton takes shape tomorrow with the announcement of a June-year profit expected to be 27.
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SMSF property debt a risk: Cooper
Challenger's Jeremy Cooper has reportedly warned the levels of property debt being accumulated by self-managed super funds are a big risk to the financial system. The Australian Financial Review reports the comments, which come on the back of the ...
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Gold falls below $US1,300
Gold fell below $US1,300 an ounce on Friday as cooling tensions in Eastern Europe and the Middle East curbed investors' demand for the haven asset.
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