Airlines decline. Powered by. wise-owl.com

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1 Airlines decline Powered by wise-owl.com

2 YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change U.S. Stocks Maintain High Levels; Airlines Slide U.S. stocks closed little changed, with the Standard & Poor s 500 Index slipping for a second day, as a selloff in airlines offset Federal Reserve meeting minutes that showed officials in no hurry to raise interest rates. The S&P 500 Index fell 0.1 percent to 2, at 4 p.m. in New York, after briefly climbing above its all-time high. The Dow Jones Industrial Average declined points, or 0.2 percent, to 18, after closing Tuesday at a record. The Nasdaq Composite Index rose less than 0.1 percent. About 5.8 billion shares changed hands on U.S. exchanges, 9.6 percent below the three-month average. In its April statement, Fed policy makers said the economy slowed partly reflecting transitory factors, and that it expected growth at a moderate pace. A jump in telecommunication shares and banks pushed European stocks up for a third day. The Stoxx Europe 600 Index rose 0.4 percent to at the close of trading in London. S&P % Dow Jones -0.15% Nasdaq +0.03% Stoxx % FTSE % Dax % Crude Oil +1.35% Gold +0.24% NYSE:BABA +2.82% ETR:DTE +0.15%

3 THE ASX YESTERDAY IN REVIEW AUS Ticker Change ASX Flat as Health Care Gains Offset Losses in Materials The ASX was down 5.2pts, or 0.09 per cent, at pts on Wednesday. The Australian share market was significantly polarised on Wednesday, with some sectors swinging downward significantly while others jumped. The Materials and Metals and Mining sectors plummeted, falling 1.60 and 2.28 per cent respectively. Iron ore prices retreated from a month and a half of rallying, dragging the mining sector down with it. The Health Care sector helped to offset the significant losses in other sectors, rising 1.47 per cent. The ASX opened down and remained volatile in the first hour of trading, before plummeting around 11:00am. Over the next hour the ASX slowly recovered and remained relatively flat for the remainder of the day. ASX % ALLORDS -0.10% CBA -0.43% BHP -2.73% CIM +0.18% WOW +0.18% WES -0.64% Cardno Limited (ASX:CDD) was down 94c, or per cent, at $2.50 per share. Cardo announced struggling operations in both the US and Australia, which cut into revenue. Due to the lacklustre performance, the company announced a $200m non-cash impairment charge. Wesfarmers (ASX:WES) was down 28c, or 0.64 per cent, at $43.43 per share. Wesfarmers announced a plan to cut capital expenditures by $200m to $400m and reinvest the savings into its more successful businesses.

4 DAILY PRICE ACTIVITY AUSTRALIA ASX200 price action yesterday

5 UPCOMING ANNOUNCEMENTS What s coming up? DATE DATE CODE CODE COMPANY ANNOUNCEMENT 21/05/2015 Cyan Holdings Plc Letter of intent for US$3m smart meter order 21/05/2015 SNL SUPPLY NETWORK LIMITED Date Payable 21/05/2015 HIG HIGHLANDS PACIFIC LIMITED Annual General Meeting 21/05/2015 VII VIETNAM INDUSTRIAL INVESTMENTS Ltd Annual General Meeting 21/05/2015 NGF NORTON GOLD FIELDS LIMITED Annual General Meeting 21/05/2015 ELM ELEMENTAL MINERALS LIMITED Annual General Meeting 21/05/2015 ERJ ENERJI LTD Annual General Meeting 21/05/2015 VMT VMOTO LIMITED Annual General Meeting 21/05/2015 GEM G8 EDUCATION LIMITED Annual General Meeting 21/05/2015 KRL KANGAROO RESOURCES LIMITED Annual General Meeting 21/05/2015 IOG INCREMENTAL OIL AND GAS LIMITED Annual General Meeting 21/05/2015 RGX RED GUM RESOURCES LIMITED EGM 21/05/2015 KPL KINA PETROLEUM LIMITED Annual General Meeting 21/05/2015 IQE INTUERI EDUCATION GROUP LIMITED Annual General Meeting 21/05/2015 RTG RTG MINING INC. Annual General Meeting Courtesy of

6 UPCOMING DIVIDENDS Tasty dividends ASX DATE CODE CODE COMPANY COMPANY NAME EX DIVIDEND ANNOUNCEMENT PAY DATE AMOUNT FRANKING % ASJ3BU DEBT -NSX 18 May May MQG Macquarie Group 18 May Jul WAX WAM Research 18 May May IPL Incitec Pivot 19 May Jul RMD ResMed 19 May Jun PTB PTB Group 20 May Jun ZNZ Z Energy 20 May Jun AGLHA FRN 08-JUN May Jun ORI Orica 28 May Jul SDG Sunland Group 01 Jun Jun SNC Sandon Capital Investments 01 Jun Jun CSR CSR 02 Jun Jul CTXHA UNSEC.FRN 15-SEP Jun Jun CWNHA UNSEC.FRN 14-SEP Jun Jun Courtesy of

7 WHATS HOT? WHATS NOT? FLN.asx - steaming hot CDD.asx - cooling down DATE CODE COMPANY ANNOUNCEMENT Freelancer.com (ASX:FLN) is the world's largest freelancing, outsourcing and crowdsourcing marketplace by number of users and projects. Rising revenue and acquisitions increase attractiveness. FLN is on our watchlist. Infrastructure and environmental services group Cardno Limited (ASX:CDD) has reported a $200m write down in its FY15 Guidance and Market Update. It also reported NPAT of $16.5m to $19.5m for the second half, down significantly from projections.

8 ECONOMIC NEWS What to look out for DATE CODE COMPANY ANNOUNCEMENT Chinese HSBC Manufacturing PMI expected to remain below 50 After market close: German and European manufacturing data U.K. Retail sales Jobs data from the U.S. tonight

9 NEWSWORTHY This caught our attention.. DATE CODE COMPANY ANNOUNCEMENT Japanese Economy Grew 0.60 Per Cent in Q1 One day after the Nikkei 225 closed above the 20,000 point mark, data released on Wednesday showed that the Japanese economy grew at 0.60 per cent in the first three months of At an annualised pace, the economy grew at 2.40 per cent. The GDP data beat the 0.40 on-quarter and 1.60 annualised growth rate that the market had projected. Last quarter, the Japanese economy jumped out of a recession but still below market expectations at an annualised pace of 2.20 per cent. Read the full story here:

10 LATEST UPDATE FROM WISE-OWL Deutsche Telekom AG (ETR:DTE) International Equities: Deutsche Telekom AG (ETR:DTE) CODE COMPANY ANNOUNCEMENT Deutsche Telekom AG (ETR:DTE) is a German multinational telecommunications company operating in more than 50 countries. The company is listed on all major German stock exchanges as well as the OTCQX (USA). Deutsche Telekom is the market leader in the domestic German market and also operates in most European markets. The U.S. brand 'T- Mobile US' is one of the fastest growing wireless companies in the United States. Stock Exchange: XETRA Price: Month Target: Dividend 0.50 ETR:DTE Click here

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