With massive floods damaging large parts of Queensland and currently in Victoria , the insurance companies are surely going to come under more scrutiny than any other corporate sector due wide damage done to houses and businesses in Australia due to the floods. The floods will not only leave many of the people with nothing much to hang on too ( specially those who … [Read more...] about Australian Insurance under scrutiny due to floods
ASIC
The coming of “Hidenburg Omen” !!
what is the Hindenburg omen ? The hindenburg omen named after famous German airship that crashed in new jersey in 1937 , is a technical indicator that predicts not just a bear market but a stock market crash. As per wikipedia . The Hindenburg Omen is a technical analysis pattern that is said to portend a stock market crash. It is named after the Hindenburg disaster … [Read more...] about The coming of “Hidenburg Omen” !!
The Eventual split in fosters.
Foster’s Group said Wednesday that it would split its beer and wine businesses, and sending the company’s stocks leaping. Fosters is popular for its local beer business and international wine operations Splitting Foster’s Wine and Beer Business The Alcohol and spirit company, which is the largest alcoholic beverage maker in Australia, said in its “demerger proposal” filed … [Read more...] about The Eventual split in fosters.