forecasts

Analysts Cut Premier Investments' Profit Forecasts


After posting a 49 percent drop in full year net profit to $40.5 million, analysts have slashed Premier Investments' (ASX:PMV) earnings forecast for next year.

Macquarie has cut its 2012 earnings forecast by 2 percent and Linwar Securities by 5 percent, while Credit Suisse has pegged earnings forecast at the lower end.

Transpacific Accused of Failing to Reveal Information at the Right Time


Australia based Transpacific Industries Group (TPI), a company that focuses on the waste management business may face a shareholder class action that litigation funder IMF (Australia) and Maurice Blackburn is considering to bring against the company as they believe it didn’t disclose information regarding its forecasts and earnings to the investors at a timely manner during the year 2008 which caused significant loss to the investors when the TPI shares went down in

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