European markets down

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U.S. stocks retreated, with the Standard & Poor’s 500 Index slipping

below its average price during the past 100 days, after weekend

negotiations between Greece and its creditors broke down and factory

data were weaker than forecast.

The S&P 500 slid 0.5 percent to 2,084.43 at 4 p.m. in New York, after

earlier losing as much as 1 percent. The Dow Jones Industrial Average

fell 107.67 points, or 0.6 percent, to 17,791.17, and the Nasdaq

Composite Index dropped 0.4 percent. About 5.9 billion shares

changed hands on U.S. exchanges Monday, 7.6 percent below the

three-month average.

Greece dragged European stocks to their lowest level on almost four

months after weekend debt talks between the Mediterranean nation

and its creditors broke down.

The Stoxx Europe 600 Index slipped 1.6 percent to 383.02 at the close

of trading. Greece’s ASE Index dropped 4.7 percent, with Alpha Bank

AE and Piraeus Bank SA tumbling at least 9 percent. Italy’s FTSE MIB

Index posted the second-worst performance among western-European

markets, with a 2.4 percent decline.

U.S. Markets Decline as Greece Default Looms

YESTERDAY IN THE INTERNATIONAL MARKETS Global Ticker Daily Change

S&P500 -0.46%

Dow Jones -0.60%

Nasdaq -0.42%

Stoxx 600 -1.63%

FTSE100 -1.10%

Dax30 -1.89%

Crude Oil -0.58%

Gold +0.55%

NYSE:BABA -0.51%

ETR:DTE -0.38%

As expected with futures at only -6, the ASX 200 started the week will a

small decline of 0.12% or 6.5 points to finish the day at 5538.8 points.

The local market fell sharply on the opening following unsuccessful

negotiations between Greece and its creditors on the weekend.

Investor sentiment turned positive during the afternoon as the ASX

recovered most of the losses, however didn’t manage to finish in the

black. The afternoon rally was driven by a gains in the financials sector.

Overall there were no significant economic news.

All sectors fell yesterday with the exception of Industrials and

Financials who saw rises of 0.24% and 0.27% respectively. The worst

performers were Energy down 2.36% and Utilities down 1.18%.

ASX Slightly Lower Despite Afternoon Rally

THE ASX YESTERDAY IN REVIEW AUS Ticker Change

ASX200 -0.12%

ALLORDS -0.19%

CBA +0.58%

BHP +0.07%

ANZ +0.44%

BEN -0.17%

WOW -0.63%

MFG -0.27%

GOR -4.55%

DAILY PRICE ACTIVITY AUSTRALIA

ASX200 price action yesterday

UPCOMING ANNOUNCEMENTS

Courtesy of http://www.brrmedia.com/calendar

What’s coming up?

DATE CODE COMPANY ANNOUNCEMENTDATE CODE COMPANY ANNOUNCEMENT

12/06/2015 OGC OCEANAGOLD CORPORATION Annual General Meeting

12/06/2015 LGM LUIRI GOLD LIMITED Annual General Meeting

15/06/2015 DGH DESANE GROUP HOLDINGS LIMITED Record Date

15/06/2015 MPX MUSTERA PROPERTY GROUP LIMITED EGM

15/06/2015 AHF AUSTRALIAN DAIRY FARMS GROUP EGM

16/06/2015 PTB PTB GROUP LIMITED Date Payable

17/06/2015 UNS UNILIFE CORPORATION EGM

17/06/2015 AWI AUSTRALASIAN WEALTH INVESTMENTS LIMITED. EGM

18/06/2015 EVR ENDEAVOUR MINING CORPORATION Annual General Meeting

18/06/2015 BGC BRIDGE GLOBAL CAPITAL MANAGEMENT LIMITED Annual General Meeting

19/06/2015 ESK ETHERSTACK PLC Annual General Meeting

19/06/2015 BYE BYRON ENERGY LIMITED EGM

23/06/2015 MIH MNC MEDIA INVESTMENT LTD Annual General Meeting

24/06/2015 RUB RUBICOR GROUP LIMITED EGM

UPCOMING DIVIDENDS

Courtesy of http://www.morningstar.com.au/Stocks/UpcomingDividends

Tasty dividends

DATE CODE COMPANY ANNOUNCEMENTASX CODE COMPANY NAME EX DIVIDEND PAY DATE AMOUNT FRANKING %

DGH Desane Group Holdings 11 Jun 2015 30 Jun 2015 15.00 100.00

OEL Otto Energy 12 Jun 2015 26 Jun 2015 5.64 0.00

FPH Fisher & Paykel Hlth 17 Jun 2015 10 Jul 2015 7.54 0.00

PRYHA BND 3M 09-15 Q 17 Jun 2015 29 Jun 2015 157.00 --

AQHHA HY 3M 09-72 Q RD T 18 Jun 2015 30 Jun 2015 166.87 --

CNGHA HY 3M 03-37 Q RD T 18 Jun 2015 30 Jun 2015 138.00 --

KBLGA CBND 10.00% 08-16 6M 18 Jun 2015 30 Jun 2015 2.26 --

TTSHA BND 3M 07-19 24 Jun 2015 06 Jul 2015 129.33 --

IMFHA BND 3M 06-19 E 26 Jun 2015 08 Jul 2015 159.39 --

MBLHB HY 3M PER Q ST 26 Jun 2015 15 Jul 2015 98.98 --

RFF Rural Funds 26 Jun 2015 30 Jul 2015 2.15 0.00

SYD Sydney Airport 26 Jun 2015 14 Aug 2015 12.50 0.00

TCL Transurban Group 26 Jun 2015 14 Aug 2015 20.50 17.07

WHATS HOT?

DATE CODE COMPANY ANNOUNCEMENT

WHATS NOT?

AVQ.asx - steaming hot MCP.asx - cooling down

Axiom Mining Limited is a mining and

exploration company. The company has had

recent success as it continually intersects

high grade nickel mineralisation at its Nickle

Project in the Solomon Islands.

McPhersons Limited designs, sources, and

markets health and beauty, consumer

durables and household consumable

products in Australia, New Zealand, Asia,

and internationally. MCP have seen their

share price fall significantly after a reduction

in their FY15 profit forecasts.

ECONOMIC NEWS

What to look out for

DATE CODE COMPANY ANNOUNCEMENT

Australian Monetary

Policy Meeting

Minutes released at

11.30 (AEST)

German and British

CPI for May at 16.00 &

18.30 (AEST)

German Economic

Sentiment for June at

19.00 (AEST)

US Housing Data at

22.30 (AEST)

NEWSWORTHY

This caught our attention..

DATE CODE COMPANY ANNOUNCEMENTTen Network Announces Partnership

with Foxtel and Capital Raising

Ten Network Holdings Limited (ASX: TEN) announced

today that it has entered into an agreement with Foxtel,

which will see Foxtel become a 15% stakeholder in TEN.

The transaction is part of an effort by TEN to raise capital of

$154 million, reduce debt and to provide additional financial

flexibility.

The agreement includes the issue of new shares to Foxtel

to raise up to $77 million at $0.15 per share which is at a

44% discount to TEN’s share price at the close of trading

on Friday. Existing TEN shareholders will also have the

ability to buy shares at the same price up to a total of $77

million. The deal also includes a two year option for TEN to

become a 10% shareholder in Foxtel owned online

streaming service Presto.

Read the full story here: https://www.wise-

owl.com/news/ten-network-announces-partnership-with-foxtel-and-capital-raising

LATEST UPDATE FROM WISE-OWL

Adairs Ltd (ADH)

CODE COMPANY ANNOUNCEMENT

Adairs Ltd ("Adairs", "the Company") is an Australian retail

company focused home furnishings. The Company specialises in

manchester, homewares and other soft furnishings. The

Company's principal assets include a 131 national retail store

network; vertically integrated product design, development,

sourcing, and distribution supply chain; and customer loyalty

program with 373,000 members. Adairs retail origins span back

to 1918. The Company currently employs 320 full time, 300 part

time and 480 casual staff.

Offer Price: $2.40 | Listing: 17th June | Rating: 3/5

ASX:ADH

Float Watch Report: Adairs Ltd (ADH)

A WISE-OWL PUBLICATION

Presented by Simon Herrmann

DATE CODE COMPANY ANNOUNCEMENT

Wise-owl.com

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DATE CODE COMPANY ANNOUNCEMENTDISCLAIMER

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