Woolworth Earnings Report Triggers Expectation Of Australian Interest Rate Move (Nasdaq)
Story date: 2007-10-23 04:54:19
Added on: 2007-10-24 08:00:22
(RTTNews) - Australian retailer Woolworths positive sales report this week is spurring fears of an interest rate hike. Woolworths posted first quarter sales of A$11.7 billion, an increase of 9 percent on the year.
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