Monday March 15, 10:21Diamondcorp: a big cash injection and a lot of work to do


70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.
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Monday March 15, 11:38Calvin Klein owner buys Tommy Hilfiger for US$3 billion from Apax Partners


The New York listed shirt and neckwear company is paying €1.924 billion in cash and issuing €276 million in PVH common stock (approximately 8.7 million shares) to fund the transaction.
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Monday March 15, 08:01China's growth boosting commodity prices


The latest economic figures from China have put pressure on the
dollar and boosted a number of high-yielding currencies, including the
Australian dollar and the South African rand.
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Macquarie Group provides specialist investment advisory and financial services in select markets around the world.
Short sell ban on banks ends, Macquarie Group down 6.6%
Investors sold bank shares following the lifting of a ban on short-selling financial stocks by ASIC today. The banking sector was bruised and bloodied with all big four banks and Macquarie Group under pressure from selling today.
Macquarie Group shares fell $2.21, or 6.6 per cent, to $31.59. Commonwealth Bank lost 70 cents, or 2 per cent, to $34.81. Westpac dropped 70 cents, or 3.6%, to $18.68 ad NAB lost 61 cents, or 2.8% to $21.15. ANZ was down 21 cents, or 1.4%, to $15.20
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