Gloucerster Coal 

Singapore based Noble Group said it was attempting a takeover bid for Gloucester Coal Limited (GCL). The bid was in direct competition to the proposed Whitehaven-Gloucester merger announced on 19 February.

Noble Group noted that its off market all-cash takeover offer valued Gloucester at $4.85 per share, compared to the Whitehaven deal which implied a value of $3.65.

Noble, which already owns 21.7% of Gloucester, said its only major condition to the takeover was that the Gloucester-Whitehaven merger does not proceed.

Woolworths

Although it misses the analysts’ forecast, WOW’s results are still quite impressive, especially compared to rival Coles’ which is owned by Wesfarmers.

Woolworths shares hit a three-month high this week, up about 21 percent from a low set in November.

The shares have outperformed the broader market .AXJO, which is down about 10 percent this year, as investors bet Woolworths will benefit as consumers become more price conscious and overall retail sales slow. Wesfarmers, on the hand, has lost around 50% in share value in the same corresponding period.

Today, I will be watching more gold stocks - including Sino Gold, Newcrest, Lihir and Kingsgate Consolidated. US Government is conducting a very large auctions at moment, I wonder if this would cause downward pressure to USD - and further upward demand for gold - investors are switching from USD into Gold in many instances, instead of switching to another currency.

Last night in overseas market, we saw a very interesting trend, banks actually rallied but healthcare stocks declined - that was the first time it happened last 2 weeks - some of the news were mixed - we have seen factory inventories coming down as in the case of Gap, a leading retailer company - caused by the slowdown in economy, but in the way, that is helping companies to clear the inventory and hence reducing the cost significantly.

Tatts Group (TTS)

Tatts Group Ltd (TTS)

reported a first-half net profit of$144.7 million yesterday, up 8.8% from $133 million a year earlier. Revenue for the six months ended Dec. 31 was $1.61 billion, up 5.4% from last download kiss before dying a movie get carter free download year’s $1.53 billion. This is an interesting result compared to its rival, Tabcorp which is closing its SPP today, I hold Tabcorp at moment, but I have been thinking to add Tatts Group as a diverisified stock in the gaming portfolio - I was considering Crown Limited, but casino is a high capital intensive industry which is also being impacted by the weakness in the hospitality industry. legal eagles divx unearthly the movie download