Treasury Wine Estates Ltd (ASX:TWE) is a world-leader in winemaking and brand marketing with some 13,000 hectares of vineyards available and around 3,400 employees across 70 countries. Some of more popular brands include Lindeman’s, Penfolds, Pepperjack, Rosemount, Yellowglen and Wolf Blass.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose 0.45% on Thursday.
The Treasury Wine Estates Ltd (ASX:TWE) share price is taking a bath today and we think we know why…
The S&P/ASX 200 (INDEXASX:XJO) (ASX:^AXJO) sank 2.3% today, it’s the worst performance in a while. WiseTech Global Ltd (ASX:WTC) and ANZ (ASX:ANZ) were among the losers.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 1.26% at lunch.
The Aussie sharemarket or ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index closed higher on Wednesday as Sirtex Medical Limited (ASX:SRX) shares went to space.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the red by 0.20%, sending the market closer to 6,000.
Treasury Wines Estates Ltd (ASX:TWE) reported its half year financial results to the ASX this morning.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open in negative territory on Wednesday, as the Australian Dollar (A$) (AUDUSD) hovers at 81 US cents.
Australia’s S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) closed lower on Friday, dragged down by Telstra Corporation Ltd (ASX:TLS) and Tabcorp Holdings Ltd (ASX:TAH).
