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>> AUSTRALIA Latest News

9 HOURS AGO - MarketWatch

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Netflix downgraded to hold as U.S. growth slows

NEW YORK (MarketWatch) - Netflix was downgraded to hold from buy at Stifel on Tuesday with a $380 price target. Shares of the movie streamer slumped 1% to $353 in premarket trade. Stifel analyst Benjamin Mogil said he remains positive on Netflix's long-term international opportunity, but believes a near-term slowdown in domestic subscriber growth could be an issue. The company ...

Tags: Netflix downgraded to hold as U.S. growth slows,  Australia Latest News

20 HOURS AGO - BBC

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Australia Medibank makes stock debut

Australian health insurer Medibank made its stock market debut after raising A$5.679bn (£3.1bn; $4.9bn) in Asia's biggest public offering in two years.

Tags: Australia Medibank makes stock debut,  Australia Latest News

23 HOURS AGO - Zero Hedge

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Currency Wars Reignite As Yuan Tumbles Most In 2 Months And Chinese Bond Market Freezes

Did China just re-enter the currency wars? The Chinese Yuan dropped 0.29% overnight - its biggest drop since September and 2nd biggest devaluation since March - as the currency tumbles back in line with the PBOC's fixing for the first time in over 3 months. Despite 'hopes', S&P confirms the recent (and reconfirmed) rate cut doesn’t signal renewed government intentions ...

Tags: Currency Wars Reignite As Yuan Tumbles Most In 2 Months And Chinese Bond Market Freezes,  Australia Latest News

NOV 24, 2014 - MarketWatch

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Australia stocks slide back downhill; Medibank to debut

LOS ANGELES (MarketWatch) -- Australian stocks pulled back early Tuesday, with the S&P/ASX 200 down 0.7%, after having ended the previous session with a 1.1% advance. Iron-ore miners, which had rallied a day earlier, mostly in reaction to China's interest-rate cut, headed back earthward: Fortescue Metals Group Ltd. lost 4%, Arrium Ltd. fell 3.8%, and Atlas Iron Ltd. traded 2.4% ...

Tags: Australia stocks slide back downhill; Medibank to debut,  Australia Latest News

NOV 24, 2014 - Zacks Investment Research

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Can Peabody Energy Exploit Rising Asian Coal Demand? - Analyst Blog

Peabody Energy's (BTU) presence in the U.S. and Australia gives it an edge over other players to benefit from an improvement in global coal demand.

Tags: Can Peabody Energy Exploit Rising Asian Coal Demand? - Analyst Blog,  Australia Latest News