The February reporting season has kicked into gear with market heavyweights disclosing their financial health and providing critical guidance to 2012 and future earnings.
As the state of corporate Australia is in question, this week will reveal earnings from some of our country's biggest companies, which could hopefully see some confidence return to the market.
Some major names to report this week include:
- BHP Billiton
- Rio Tinto
- Tabcorp
- Macquarie Group
- Telstra
ANZ job ads and retail sales data are also due out today, and weaker-than-anticipated readings would help cement the need for a rate cut.
Other major companies that are reporting this month include Cochlear, Stockland and Newcrest Mining.
Keeping you informed
To help you keep track, we'll detail in our Week Ahead all the companies that are reporting, along with other key market events.
To further assist you, our research team's Market Updates within our new Insight platform provide you with key information throughout the day on how these announcements have impacted the market.
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Updated: 06/02/2012
Disclaimer: IG Markets provides an execution-only service. The material above does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations, or an offer of, or solicitation for, a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of the above information. Consequently any person acting on it does so entirely at his or her own risk. The research does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. IG Markets accepts no responsibility for any use that may be made of these comments and for any consequences that result.
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