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(单词翻译:双击或拖选)
The David Jones releases its half-year result today and a possible merge1 with Myer is firmly back on the table. The retailer2 has reappointed consulting firm Port Jackson partners to assess the advantages of becoming a combined company worth more than three billion dollars.
It also announced the immediate3 departure of Director Leigh Clapham who was caught up in allegations of questionable4 share trading, but wasn't pursued by the corporate5 regulator.
The Federal Government wants to make it much harder for shareholders6 to force extraordinary general meetings as part of its war on red tape.
Now the shareholders' association actually supports the move, but it does show one condition.
“Well, we agree that if 100 Teltra shareholders call an GM(general meeting), that got 150 million shareholders. That'll cost, you know, a couple of million dollars to bring in to have the meetings. So, we are saying a quid pro7 quo here is you got to make it easier to put on resolutions at an aide GM. ”
Now to the markets.
And the Dow closed one percent ahead. The Nasdaq and S&P 500 closed higher as well. In London, the FTSE closed one percent up.
Looking at commodity prices.
West Texas Crude is trading at 100 US dollars a barrel. Tapis Crude is trading at 112 US dollars a barrel. And gold is trading at 1315 US dollars an ounce.
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1 merge | |
v.(使)结合,(使)合并,(使)合为一体 | |
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2 retailer | |
n.零售商(人) | |
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3 immediate | |
adj.立即的;直接的,最接近的;紧靠的 | |
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4 questionable | |
adj.可疑的,有问题的 | |
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5 corporate | |
adj.共同的,全体的;公司的,企业的 | |
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6 shareholders | |
n.股东( shareholder的名词复数 ) | |
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7 pro | |
n.赞成,赞成的意见,赞成者 | |
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8 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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