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Profit warnings as crisis bites

Sydney : Australia | 11 months ago  
Views: 1
Analysts at Goldman Sachs JBWere say market forecasts have already been slashed to levels not seen since Australia headed into its 1990-91 recession, as the market prepares for the company results period. But they say forecasts probably remain too optimistic and will be further hacked into during...
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  • News Source: The Courier-Mail | 11 months ago
    US bailout buoyed Australian share prices yesterday but investors remain braced for continuing turbulence in the new year. The S&P/ASX 200 Index of leading shares yesterday closed up 68.1 points, or 1.9 per cent, at 3722.3. The local market traced US...
  • News Source: The Courier-Mail | 11 months ago
    Analysts at Goldman Sachs JBWere say market forecasts have already been slashed to levels not seen since Australia headed into its 1990-91 recession, as the market prepares for the company results period. But they say forecasts probably remain too...

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