You are viewing:-
you're reading...
1.Market Observations

23 July 2012 (The Age) – Weary investors braced for gloomy profits season

(23 July 2012, The Age, BusinessDay, p3, Gareth Hutchens)

‘SHAREHOLDERS are braced for a poor profit reporting season this year after one of the worst 12 months for Australian companies since the global financial crisis.’

‘Deteriorating business conditions, including hefty retrenchments, weak consumer sentiment, household deleveraging and a high dollar are among the reasons why analysts warn full-year profits are likely to be worse than expected.’



About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: