Rio Chairman addresses fraud and bribery allegations

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Rio Chairman addresses fraud and bribery allegations

02 May 2018 – Rio Tinto (ASX:RIO) Chairman Simon Thompson has addressed allegations of accounting fraud and bribery.
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Bull action returns: Aus shares close 0.6% higher

02 May 2018 – Market Wrap: The Australian share had good day of trading rising 0.6 per cent, taking this week’s gains to about 1.6 per cent. Industrials saw the most green tracks after Qantas (ASX:QAN) shares soared on a revenue rise. Discretionaries also boded well with Myer (ASX:MYR) up over 11 per cent and while Nine (ASX:NEC) jumped 6 per cent.
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ASX 1.5% up on week: Aus shares 0.5% higher at noon

02 May 2018 – Market at Midday: ASX200 gains over 1.5 per cent this week. Qantas (ASX:QAN) shares are soaring on a cloud up 5.8 per cent after it reported its revenue lifted 7.5 per cent. Woolworths (ASX:WOW) shares are also riding up after its third quarter sales for 2018 exceeded market and UBS forecast. Fairfax (ASX:FXJ) shares jump, but group revenue falls 1 per cent. Its digital and non-print revenue has grown as a percentage from 23 to 39 per cent over the last four years. ARB (ASX:ARB) isSee Original Article

Woolworths 3Q18 sales rise

02 May 2018 – Woolworths (ASX:WOW) has announced its 3rd quarter Australian food sales have grown by 4.7 per cent compared to the same period last year.
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Qantas shares jump on 3Q18 results

02 May 2018 – Qantas (ASX:QAN) has announced a 7.5 per cent rise in 3rd quarter revenue to $4.25 billion, compared with the prior corresponding period.
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