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.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 2.02% at lunch.
The Treasury Wine Estates Ltd (ASX:TWE) share price is up over 2% after reporting, despite the market selloff.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 2.93% on Wednesday.
This week, Rural Funds Group (ASX:RFF) and Treasury Wine Estates (ASX:TWE) shareholders witnessed short reports produced against their companies.
Treasury Wine Estates Ltd (ASX:TWE) is facing a short attack by GMT Research, should investors worry?
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China may be about to cause a sizeable decline on the ASX today.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up by 2.4% on Monday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.73% at lunch.
