Sep 23, 2017 Last Updated 2:27 PM, Sep 22, 2017

New Entry From the Editor :

Rio Tinto commits further $3.15 billion to shareholders in buyback programme

Rio Tinto commits further $3.1…

AusBN - Rio Tinto has announced it will distribute a further AUS$3.15 billi...

BHP surges back to profit thanks to increased prices and improved productivity

BHP surges back to profit than…

AusBN- BHP demonstrated a strong financial performance for the last fiscal ...

Toys R Us to trade as usual in Australia despite filing for bankruptcy

Toys R Us to trade as usual in…

AusBN - Toys R Us has confirmed it will continue to operate as normal in Au...

Boxing Day sales likely beat forecasts

Forever 21 in SM Aura BGCAusBN - Boxing Day sales across Australia likely exceeded a A$2.3 billion forecast made by the Australian Retailers Association.

Early reports suggest that sales in New South Wales had been particularly strong thanks to shops being open on the day in more regional areas.

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Woolies expecting 35% drop in profits

WoolworthsAusBN – Supermarket Woolworths has warned investors that its first half profit could be 35% lower than the previous half, mostly due to previously announced investments pulling down margins.

This is in addition to total sales in the 14 weeks to 4 October falling 2.5% to $15.7 billion, including a 1% drop in food and liquor sales.

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AusBN Vol3 Iss1

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