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1.Market Observations, 8.Was Sticky

22 Feb 2017 (TheAge) – Half-time profit season scorecard: more good than bad

(22 February 2017, The Age, BusinessDay, p32, Patrick Commins)

‘More than halfway through the February profit reporting season and analysts are using descriptors such as “so far, so good” and “pleasing”, with a renewed emphasis on dividends and more upbeat company outlooks giving investors something to cheer about. At the start of the busiest week of the earnings season, around half of the 174 top 200 companies due to report profits had done so, and, while there has been the usual litany of winners and losers, “the results have been tilted to the positive”, UBS strategist David Cassidy writes.’

Read more at TheAge.com.au

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