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ARB climbs wall of worry

ARB Corporation enjoyed it best one-day jump in 3½ years after posting stronger-than-expected earnings and reassuring investors that the demise of the local car industry would not impact earnings.

19 Feb 2014
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Why Apple needs Tesla

While the tech giant's reputation as an innovator wanes, investors are healthily rewarding Tesla's disruptive capabilities. Combining their brand power could have spectacular results.

19 Feb 2014
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Wesfarmers lifts first-half profit

The Australian stock market opened little changed following a mixed performance on Wall Street overnight. At the 1015 AEDT official market open, the benchmark S&P/ASX200 index added 0.19 per cent to 5,402.6 points, while the broader All Ordinaries index rose 0.19 per cent to 5,412.2 points. In local economic news on Wednesday, the Westpac-Melbourne Institute Leading Indexes of Economic Activity is due out. In Australia, the market on Tuesday closed slightly higher as gains from mining giant BHP Billiton's strong profit results were dragged down by a disappointing result from Coca-Cola Amatil. The benchmark S&P/ASX200 index was up 9.9 points, or 0.18 per cent, at 5,392.8 points. The broader All Ordinaries index was up 7.4 points, or 0.14 per cent, at 5,402.2 points.

19 Feb 2014
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