Australia’s largest travel agency Flight Centre has published data on record annual profits saying it expects to increase earnings next year. Thus, the company’s net profit after tax in the fiscal year to end June 30 was AUD 139, 9 million ($124 million).
Foster’s Group Ltd., the largest Australian producer of beer and wine, reported losses in the second half of the fiscal year after a writedown in its wine business. Brewing company’s net loss amounted to 820.1 million Australian dollars in the first half-year that ended in June, compared with a net profit of 27 million Australian dollars previous year, the company said.
Exxon Mobil Corporation (NYSE: XOM) shares rose to 59.70 points, gaining +0.81 (1.38%) in the first half of the trading session. At the same time, Australia’s largest oil refiner Caltex Australia has published data on a 50% slump in profits in the first half of 2010.
BP plc is close to 38.11 points, gaining -0.29 (-0.76%) in the middle of the today’s trading as oil prices go down. At the same time, the surge in metal prices was a boon for Macmahon Holdings.
GlaxoSmithKline plc (LON: GSK) starting to climb up to 1,220.50 points, gaining +2.50 (0.21%) after a poor start of today’s trading. At the same
time, Commonwealth Property sees a significant profit.
Australia’s Newcrest Mining Ltd has increased production of gold up to the last fiscal year by 8% – up to 1.762 million ounces, the growth rate in the IV quarter was 26%. This is stated in the message of the mining enterprise.
U.S. Stock market opens after 3 days of leave. U.S. Independence Day suspends unsuccessful bid last week, but the yield of statistics took place yesterday. Dow Jones bulls react to positive data on futures trading, the level of support for the DJIA is an average against the sluggish trading in Europe and the mixed index dynamics in the Asian region.
Bidding on the German market were quite spineless. During the day the indices repeatedly made attempts to growth, but on the session closed in a slight minus. The controversial macroeconomic statistics in Europe does not market to determine the further direction. In Germany, the index of business activity in the service sector in June increased slightly to 54.8, being better than expectations.