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- Advertising Roundup: Omnicom's Debt Picture; Client Quits During Pitch; TBWA Names Infiniti Chief; Danone Taps Y&R; More ...
- Omnicom debt picture is mixed -- It has a lot of debt due, but not immediately, and will probably be OK. [Source: WSJ] TBWA names Infiniti chief -- TBWA has named the CEO of its Manchester office in the U.K. to steer management of its global Infiniti...
- Blog posts 2008-12-17
Additional Resources
- UBS says Myer float reasonably priced
- By a staff reporter UBS says the Myer initial public offering is reasonably priced, describing the department store as an attractive growth story beyond the 2010 fiscal year. UBS says a price to earnings PE valuation of up to 15.7 times forecast 2010 earnings is reasonable for Australia's largest department...
- News items 2009-10-26
- Myer Worth 8.5% Less After ASX Re-list
- Timing is everything as Myer Holdings Ltd's new shareholders have learned after shares in Australia's largest iconic department store tanked 8.5 per cent after it listed on the Australian Securities Exchange ASX.After raising $2 billion in Australia's biggest public float in two years, the 109-year-old department chain made its...
- News items 2009-11-02
- Myer float sinks
- INVESTORS in the Myer float lost $205 million yesterday after Australia's biggest public listing in two years fell victim to one of the worst days on the stockmarket since the recovery began in March. Myer's first trade on the Australian Securities Exchange yesterday was executed at $3.88, short of the...
- News items 2009-11-02
- Late rush for Myer float tipped
- MYER'S bankers are bracing for a last-minute flurry of institutional applications to buy shares in the company's initial public offering, which closes this afternoon. The two-day bookbuild process, a silent auction in which institutions apply to purchase stock at a price they nominate, follows a three-week retail offer open only...
- News items 2009-10-29
- Myer Shares Bounce Back After Shock Fall
- Shares in Myer Holdings Ltd bounced back on Tuesday after falling 8.5 per cent after listing on Monday, with institutions and long-term investors expected to provide further short-term support.By 11.35am AEDT, Myer's shares were trading nine cents, or 2.4 per cent higher at $3.84 on turnover of over 10.7...
- News items 2009-11-03
- Myer first quarter beats out rival
- TWO of Australia's biggest department store retailers--David Jones and newly listed Myer Holdings--said today they're seeing sales momentum going into the key Christmas period, and expressed cautious optimism about holiday trade. Melbourne-based Myer, which made its stock market debut on Monday after a $2.4 billion initial public offer, said its...
- News items 2009-11-04
- Myer to debut on share market at midday
- As the first major initial public offering in the Australian market since the global financial crisis, Myer could also expect to have wads of cash thrown at it by investors starved of opportunities to park their funds anywhere more interesting than the bank. As the float process went on, the...
- News items 2009-11-01
- Myer decision within a fortnight.
- Mar 16, 2006 (Inside Retailing - ABIX via COMTEX) -- Coles Myer is expected to reach a decision about its Myer department store chain within two weeks. Coles Myer has maintained that it...
- Research articles 2006-03-16
- 'Barbarians' turn Myer into a winner.
- Mar 27, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Australian department store chain, Myer, has been quickly transformed under private ownership. Myer consistently underperformed under the ownership of Coles Myer, despite the success Mar 27, 2007 (The Australian Financial Review - ABIX via...
- Research articles 2007-03-27
- Coles Myer to open new bank service.
- ABIX via COMTEX) -- Australia's largest retailer, Coles Myer, will launch a new transaction banking account. Westpac will provide the account, which will be marketed under the Coles Myer name. Coles Myer has been working on the move ever since its la ABIX via COMTEX) --...
- Research articles 2002-07-02
- AUSTRALIA'S MYER FAMILY CO SUPPORTS COLES MYER CHAIRMAN, CEO.
- MELBOURNE, Nov 1 Asia Pulse - The Myer Family Company has announced that it is backing chairman Rick Allert and chief executive John Fletcher, making Solomon Lew's attempts to stay on the Coles Myer Ltd (ASX:CML) board that much harder. MELBOURNE, Nov 1 Asia...
- Research articles 2002-11-01
- Myer's in the doldrums and needs retail therapy, analyst warns.(Coles Myer Ltd.)(Brief Article)
- Feb 08, 2005 (The Australian - ABIX via COMTEX) Australian retailer, Coles Myer, must take action over its poorly performing department store chain, Myer. Investment bank, ABN AMRO, said that Myer was not performing well, despite four different strategies in 10 years. Its sales...
- Research articles 2005-02-08
- Food and liquor turmoil spills to Myer.(Coles Myer Ltd. )(Brief Article)
- Mar 03, 2005 (The Australian Financial Review - ABIX via COMTEX) In the past two months, two senior Myer executives have resigned. Australia's biggest retailer Coles Myer has installed Ken Latchford as acting GM, finance, at the under-performing Myer department store chain following...
- Research articles 2005-03-03
- ATO chases private equity company TPG over Myer float proceeds
- TPG, which bought Myer in 2006 in conjunction with fellow private equity firm Blum Capital and the Myer family, completely sold out of its stake in Myer in last month's float. TPG and Blum received almost $1.6 billion in the float. According to reports in News Limited papers, the ATO...
- News items 2009-11-12
- Edgars signals Myer interest.
- Sep 06, 2005 (Inside Retailing - ABIX via COMTEX) -- Coles Myer management is considering whether to retain Myer. The department store chain may be sold or floated as a separate entity. ...
- Research articles 2005-09-06
- AUSTRALIA'S COLES MYER GB'S TO TAKE EVENT-DRIVEN APPROACH.
- MELBOURNE, Dec 11 Asia Pulse - Coles Myer Ltd (ASX:CML) is taking a new marketing approach by turning its flagship Myer Grace Bros stores into "event-driven" retailers, with big discount sales around special days such as Christmas, Easter and Mother's Day MELBOURNE, Dec 11 Asia...
- Research articles 2002-12-11
- Myer sale a threat to shareholders.
- Oct 12, 2005 (Inside Retailing - ABIX via COMTEX) -- Selling the Myer department stores could be a big mistake for Coles Myer, according to a Citigroup analyst. Craig Woolford says that ...
- Research articles 2005-10-12
- Coles Myer to release forecasts.
- Sep 18, 2006 (Food Week - ABIX via COMTEX) -- The large Australian retailer, Coles Myer, is going through a busy period. On 21 September 2006, the group will unveil the full-year profit announcement. Afterwards, Coles Myer management will release th Sep 18, 2006 (Food...
- Research articles 2006-09-18
- Jobs go at Coles Myer.
- Sep 26, 2006 (Food Week - ABIX via COMTEX) -- Coles Myer is believed to have retrenched eight general managers. John Fletcher, CEO of the company, said the move is part of Coles Myer's restructuring. Further changes in the senior management structu Sep 26,...
- Research articles 2006-09-26
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