Business AM - Woolies hit for $800m

Thursday January 28, 2010
Morning Edition 
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Woolies hit for $800m Ian McIlwraith 12:00AM | More than $800m stripped from Woolworths' value as investors show what they think of reduced first-half sales.

Stocks set to open higher, US sentiment turns 8:46AM | The US shrugs off concerns about home sales and ends higher, and we're likely to follow suit. Plus, everything you need to know for the trading day ahead.

Investors wary of Chinese money Adele Ferguson 6:01AM | Investors are surprisingly concerned about Chinese companies buying local businesses, a survey for BusinessDay shows

Business News Wire 7:41AM US Fed Reserve holds rates at record low 7:29AM ConocoPhillips earns $US1.2b in Q4 6:46AM Challenge for Spyker after Saab takeover 6:42AM Fiat plans two-week production stop 6:22AM Toyota stops sales of top-selling models
Comment & Analysis
Hitching the economic growth wagon to productivity rises is going to need a concerted effort.
Saul Eslake
AMP is trying to cast off its perennial bridesmaid status as it prepares to put its proposal to AXAAP.
Ian Verrender

For most people becoming a bankrupt is the last straw and to suggest that it is a ploy to escape payment is misleading.!
Adele Ferguson
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Markets
Around the Markets at 9:32AM EST, 28 Jan 2010
Dow Jones 10236.16 + 41.87 + 0.41%
Nasdaq 2221.41 + 17.68 + 0.80%
Hang Seng 20033.07 – 76.26 – 0.38%
NZX 3201.308 + 7.74 + 0.24%
CAC 3759.8 – 47.24 – 1.24%
Quotes & Charts
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Business Videos
Toyota is learning it is tough being the world's largest car maker.

Blogs Let's hope RBA governor and chief asset bubble pricker, Glenn Stevens, does not read too much into the housing price figures.
Scott Rochfort at

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