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View Full Version : Australia Company Profits Fall Most Since '09 on Weak Mining - Bloomberg



NewsWhore
03-04-2012, 09:40 PM
Australia Company Profits Fall Most Since '09 on Weak Mining (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGOhPv4e-iW70ENkGt5qHdTsMApWQ&url=http://www.bloomberg.com/news/2012-03-05/australia-company-profits-fall-most-since-09-on-weak-mining-1-.html)
Bloomberg
Companies such as BHP (BHP) Billiton Ltd. were hurt by a fall in the terms of trade, or export prices relative to import prices, while a strengthening currency eroded earnings for manufacturers and retailers. Mining profits “were hit by the ...

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