Strong week for European stocks

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U.S. stocks churned higher in the slowest week of trading since New

Year’s and the tightest range for equities in six months, as comments

from the Federal Reserve boosted speculation interest rates won’t rise

too soon or too quickly to snuff out economic growth.

The Standard & Poor’s 500 Index added 0.2 percent, closing at records

on two of the five days. The gauge slumped Friday in the final half hour

of trading before the Memorial Day weekend. The Dow Jones Industrial

Average slipped 0.2 percent, fading on the final day after taking out its

March 2 all-time high on Monday. The Nasdaq Composite Index added

0.8 percent to within three points below its record.

On Friday the Standard & Poor’s 500 Index slipped 0.2 percent amid a

late selloff to 2,126.06 at 4 p.m. in New York, after closing Thursday at

a record.

European stocks were little changed, posting their biggest weekly gain

since mid-April. The European stock index has climbed 2.9 percent this

week as Executive Board member Benoit Coeure said the European

Central Bank will increase bond buying in May and June.

U.S. Stocks Post Marginal Gain in Slow Week

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P 500 -0.22%

Dow Jones -0.29%

Nasdaq -0.03%

Stoxx 600 -0.03%

FTSE100 +0.26%

Dax30 -0.42%

Crude Oil -1.65%

Gold -0.02%

NYSE:BABA -0.65%

ETR:DTE -1.66%

The ASX was up 2.4pts, or ~0.0 per cent, at 5664.7pts on Friday.

Australian shares initially jumped in the opening hours of trading on

Friday. Soon thereafter the ASX followed a downward trend extending

into the early afternoon, where it fell into negative territory. The ASX

remained relatively flat for the remainder of the day. The Energy sector

posted strong gains on the day, rising 1.83 per cent. However, the

massive Financials sector continued to show a poor performance,

falling 0.13 per cent.

Oroton Group Limited (ASX:ORL) was down 34c, or 13.28 per cent, at

$2.22 per share. Luxury retailer Oroton announced a reduction in

earnings guidance by 66 per cent. Shares of the company have fallen

to 2009 lows.

Cardno Limited (ASX:CDD) was up 45c, or 19.07 per cent, at $2.81 per

share. In the past two days of trading, Cardno’s shares plummeted

after reporting a $200m writeoff due to poor performance. Shares of

the company have partially recovered from the previous selloff.

ASX Flat Despite Energy Gains

THE ASX LAST WEEK IN REVIEW AUS Ticker Change

ASX200 +0.04%

ALLORDS +0.08%

CBA -0.54%

BHP +0.03%

CIM +1.91%

WPL +2.38%

CDD +19.07%

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

UPCOMING ANNOUNCEMENTS

Courtesy of http://www.brrmedia.com/calendar

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

25/05/2015 OZL OZ MINERALS LIMITED Annual General Meeting

25/05/2015 EVO EVOLVE EDUCATION GROUP LIMITED Full Year Results

25/05/2015 PHA PUBLIC HOLDINGS (AUSTRALIA) LIMITED Annual General Meeting

25/05/2015 RCT REEF CASINO TRUST Annual General Meeting

25/05/2015 VSC VITA LIFE SCIENCES LIMITED. Annual General Meeting

26/05/2015 COM COMOPS LIMITED Annual General Meeting

26/05/2015 CYU

CHINALCO YUNNAN COPPER RESOURCES

LTD Annual General Meeting

26/05/2015 BLY BOART LONGYEAR LIMITED Annual General Meeting

26/05/2015 CTM CENTAURUS METALS LIMITED Annual General Meeting

26/05/2015 TAW TAWANA RESOURCES NL Annual General Meeting

26/05/2015 ADX ADX ENERGY LTD Annual General Meeting

26/05/2015 CKK CORETRACK LIMITED EGM

26/05/2015 CYC CYCLOPHARM LIMITED Annual General Meeting

26/05/2015 KGD KULA GOLD LIMITED Annual General Meeting

UPCOMING DIVIDENDS

Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends

Tasty dividends

DATE CODE COMPANY ANNOUNCEMENTASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %

ASJ3BU DEBT -NSX 18 May 2015 31 May 2015 0.00 --

MQG Macquarie Group 18 May 2015 02 Jul 2015 200.00 40.00

WAX WAM Research 18 May 2015 28 May 2015 4.00 100.00

IPL Incitec Pivot 19 May 2015 01 Jul 2015 4.40 0.00

RMD ResMed 19 May 2015 18 Jun 2015 3.07 0.00

PTB PTB Group 20 May 2015 16 Jun 2015 5.00 100.00

ZNZ Z Energy 20 May 2015 03 Jun 2015 15.50 0.00

AGLHA FRN 08-JUN-39 27 May 2015 09 Jun 2015 154.51 --

ORI Orica 28 May 2015 01 Jul 2015 40.00 35.00

SDG Sunland Group 01 Jun 2015 25 Jun 2015 2.00 100.00

SNC Sandon Capital Investments 01 Jun 2015 12 Jun 2015 2.00 100.00

CSR CSR 02 Jun 2015 07 Jul 2015 11.50 0.00

CTXHA UNSEC.FRN 15-SEP-37 03 Jun 2015 15 Jun 2015 170.03 --

CWNHA UNSEC.FRN 14-SEP-72 03 Jun 2015 15 Jun 2015 182.00 --

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

CIM.asx - steaming hot ORL.asx - cooling down

CIMIC (former Leighton Holdings) is

currently an open position in our ‘Active

Investor’s Portfolio’. The equity is gaining

momentum and has closed above the $23

mark for the first time this year.

OrotonGroup Limited (ORL) is an Australian-

based company engaged in retailing and

wholesaling of leather goods, fashion

apparel and other fashion accessories. The

company experiences subdued conditions

and downgraded its earnings guidance for

H2 FY15.

ECONOMIC NEWS

What to look out for

DATE CODE COMPANY ANNOUNCEMENT

We expect a slow

trading session today

as no economic news

are expected

U.S. markets closed

tonight

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTAustralia One of World’s Wealthiest

and Equal Countries: OECD Report

A new report released by the Organisation for Economic

Co-operation and Development (OECD) claims Australia

has one of the best wealth distributions out of all advanced

economies. In the seven years since the global financial

crisis, Australia is one of the only advanced countries where

income distribution became more equal. Since the 1990s,

income inequality has increase, but is still below the

average for comparable countries. The top 10 per cent

receive nine times more money compared to the bottom 10

per cent, which is slightly below the OECD average of 9.6

per cent.

Read the full story here: https://www.wise-

owl.com/news/australia-one-of-world-s-wealthiest-and-

equal-countries-oecd-report

LATEST UPDATE FROM WISE-OWL

Rumble Resources Ltd (RTR)

CODE COMPANY ANNOUNCEMENT

Rumble Resources Ltd ("Rumble Resources, "the

Company") is an Australian minerals exploration company

focused on Western Australia. Its primary asset is a portfolio

of exploration licenses located in the Fraser Range,

approximately 150km north east of Norseman. The Fraser

Range represents a potentially new nickel district focused

around Sirius Resources' Nova deposit, which is the largest

nickel sulphide discovery Australia has seen in at least

twenty years. Rumble Resources' license holdings in the

Fraser Range stand at 3,260km2. Certified mineral

resources have yet to be defined within the portfolio

Update | Price $0.076 | Valuation $0.155

Click here

ASX:RTR

Update: Rumble Resources Ltd (RTR)

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DATE CODE COMPANY ANNOUNCEMENT

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