Nov 18 Australian shares closed the week
slightly higher, with Friday's session underpinned by gains in
financial stocks in step with a strong rally on Wall Street
after Federal Reserve Chair Janet Yellen's hawkish comments.
SYDNEY, Nov 18 Australian retail giant Myer
Holdings Ltd on Friday said it expects a return to net
profit growth in 2017, as it revamps its strategy in the face of
fierce competition from e-commerce stores and global "fast
SYDNEY, Nov 18 Myer Holdings Ltd,
Australia's biggest up-market department store operator by
sales, said on Friday it expects a return to net profit growth
in 2017, sending its shares up as much as 10 percent.