Macquarie cuts outlook in GFC shadow

omss, this is your Australian Business update for Monday, 06 September 2010
	Macquarie cuts outlook in GFC shadow UPDATE: Scott Murdoch MACQUARIE Group today confirmed the lingering ramifications of the financial crisis when it slashed its profit outlook by 25 per cent.   BA identifies 12 potential targets David Robertson WILLIE Walsh has identified 12 airlines as potential acquisition targets once he completes the merger of British Airways and Iberia.   Job adverts jump 2.6pc in August Geoffrey Rogow JOB advertisements in newspapers and on the internet rose 2.6 per cent in August, taking the annual increase to 36.1 per cent.   Goldcorp offer likely to win Andean Michael Bennet GOLDCORP'S $C3.6 billion ($3.9bn) offer for Andean Resources is likely to get over the line, according to analysts.   IAG gets over 2000 NZ quake calls Rebecca Thurlow INSURANCE Australia Group says it has responded to more than 2000 calls from customers following the earthquake in New Zealand.   Lynas jumps 7pc on rare earths target UPDATE: David Fickling LYNAS shares jumped sharply after it lifted resource estimates today and said it could become the world's No 2 producer of rare earths.   RBA to sit tight despite inflation Geoffrey Rogow AN estimate of consumer inflation rose 0.2 per cent in August, but the pressure is not expected to move the RBA to lift rates this year.   Valuer finds Stockland's Aevum bid low Michael Bennet STOCKLAND will have to lift its offer for Aevum after an independent expert backed the target's opinion the offer is too cheap.   Financial Markets Stocks brush off Macquarie slump BROAD-based gains pushed the sharemarket higher by early afternoon, with solid gains for most financial and mining stocks.   Job adverts jump 2.6pc in August RBA to sit tight despite inflation   Financial Markets Coverage   Mining & Energy Jones joins capital-raising Centaurus Michael Bennet CENTAURUS Metals has added prominent mining figure George Jones as an adviser ahead of a $16.5 million raising.   FerrAus rises despite management risk Lynas jumps 7pc on rare earths target   More Mining & Energy Coverage		01:06pm Staff cuts likely at Macquarie 01:00pm Financials, miners boost noon shares 12:41pm Macquarie cuts outlook in GFC shadow 12:36pm Dollar higher after offshore rally 12:34pm Stocks brush off Macquarie slump 12:33pm Jones joins capital-raising Centaurus 12:10pm Insurers escape worst of NZ quake 12:00pm Minemakers Investment in JDC Phos... 11:54am Woolies to sell $900m of property 11:51am Job adverts jump 2.6pc in August 11:46am FerrAus rises despite management risk 11:46am Job ads rise for fourth straight month 11:26am Inflation heads to 3pc, survey shows 11:22am Lynas jumps 7pc on rare earths target 11:17am Shares open higher on Wall St jump   More Business Breaking News
	Tim Boreham Insurers escape worst of NZ quake WHO would be an insurer? John Durie Staff cuts likely at Macquarie MACQUARIE Bank boss Nicholas Moore now faces the tough task of slashing staff numbers and other cost-cutting measures. More Opinion Stories
	Agriculture China close to Potash Corp counter-bid Aviation BA identifies 12 potential targets Banking & Finance Staff cuts likely at Macquarie Construction & Engineering Leupen looks back on 10 years of growth Green Business Passengers shun offsets Healthcare Valuer finds Stockland's Aevum bid low Infrastructure & Utilities Telstra move worries rivals Legal Affairs Child-porn raids net youth, 15 Leisure & Gaming Qantas to pay out after High Court loss Manufacturing Mark Hurd may join Oracle Media MasterChef cooks up new spin-off Mining & Energy Jones joins capital-raising Centaurus Primespace   Valuer finds Stockland's Aevum bid low Retail & Consumer MasterChef cooks up new spin-off Small Business Dark clouds over small business Telecoms Mark Hurd may join Oracle Transport & Logistics We'll handle crop, GrainCorp says		Highlights Macquarie cuts outlook in GFC shadow UPDATE: Scott Murdoch MACQUARIE Group today confirmed the lingering ramifications of the financial crisis when it slashed its profit outlook by 25 per cent.   Fund sell-off to help Japan's elderly BA identifies 12 potential targets   More Highlights   Executive Lifestyle Dubai ruler to reclaim mega yacht crown John Harlow THE ruler of Dubai, who already has the world's tallest building, could soon be the ruler of the high seas, too, after 24 inches are added to his mega yacht.   Lamborghini without frills   More Primespace Coverage   Portfolio Manager Currencies Map Portfolio Login RSS Feeds Alerts (Email/Mobile) Vanguard Volatility Chart Alerts Login Interactive Charting
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