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PRE-MARKET AUSTRALIAN STOCKS NEWS: Rio Tinto (RIO AT) and Glencore (GLEN LN) decided against pursuing a mega-merger as Rio Tinto could not reach an agreement delivering shareholder value

Newsquawk Staff ·

Charter Hall Retail REIT (CQR AT) - Co. H1 (AUD) oper. earnings rose 3.4% Y/Y to 75.6mln, DPU rose 4.1% Y/Y to 12.8 cents. (Newswires)

News Corp (NWS AT) - Co. Q2 (AUD) net fell 21% Y/Y to 242mln, rev. rose 6% Y/Y to 2.36bln. (Motley Fool)

REA Group (REA AT) - Co. H1 (AUD) net profit from core operations rose 9% Y/Y to 341mln, rev. from core operations rose 5% Y/Y to 916mln, Co. flagged a AUD 200mln buyback. (The Australian/Motley Fool)

Rio Tinto (RIO AT) - Co. and Glencore (GLEN LN) decided against pursuing a mega-merger as Rio Tinto could not reach an agreement delivering shareholder value. (Newswires)

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