The question the market finally dared to ask Rupert Murdoch
What is the Murdoch family doing about investor frustration resulting from the fact that News Corp shares have fallen 20 per cent?
Elizabeth Knight comments on companies, markets and the economy.
What is the Murdoch family doing about investor frustration resulting from the fact that News Corp shares have fallen 20 per cent?
Rio Tinto shareholders will be the major beneficiaries of the company's parsimonious approach to capital expenditure.
Premier Investments' share price needed a shot of adrenalin, and on Wednesday morning an earnings update provided the required medicine.
Official retail sales statistics for the all-important pre-Christmas period fell significantly short of expectations, not because Aussies bought fewer items but because we paid less for them.
Sheila McGregor's departure has been executed quietly, but its timing sent a loud message.
Pressure is mounting on Australian airlines to make fresh cuts to capacity after Virgin Australia's softer than expected second quarter left investors worrying about the state of the aviation market.
The results presented by gaming and wagering giant Tabcorp on Thursday underline why the competition regulator should reverse its 10-year-old decision to block a merger with Tatts.
Tabcorp's bottomline performance was down 28.1 per cent - marred by a series of one-off losses associated with its UK start-up business Sun Bet, litigation with regulator Austrac and costs associated with acquisitions.
Within three years, Australians may witness one of the biggest financial raids in history.
In the next couple of weeks investors will see real evidence of the fact that the Australian corporate earnings drought has broken. After two years of falling profits they are now expected to rise around 6 to 7 per cent.
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