ABN Newswire - Australian Market Report of October 14: Profit-taking Ahead of US Corporate Earnings

Institute survey of consumer sentiment for October is also released. The index soared 1.7 per cent in October, to 121.4 points, the highest since June 2007. The rise in consumer confidence has been helped by the low interest rates and a surprise fall in the jobless rate. M&A News Rio Tinto (ASX:RIO) has doubled its stake in Canada's Ivanhoe Mines (TSE:IVN) to 19.7 per cent. The company completed the purchase of about 46.3 million Ivanhoe shares at $US8.38 each. The move comes a week ...
Author: ABNNewswire; Tags: ABN Newswire ASX:CPR ASX:CBA ASX:CSL ASX:FXJ TSE:IVN ASX:MMG ASX:RIO Macquarie Media Group Clive Peeters Commonwealth Bank CSL Limited Fairfax Media Ivanhoe Mines Rio Tinto

















