Company Interview / the COB: 5 wins in a row

The Australian share market just managed to hold onto its gains in Thursday's trade, finishing 0.19% higher at 7,865.5.

The big miners dragged on the broader index. Rio Tinto (ASX:RIO) shares lost 3.7% as iron ore prices fell to their lowest level in almost two years with Chinese steelmaker Baowu warning of a long and harsh winter ahead for the steel industry.Telstra (ASX: TLS) shares rose 2.6% after reporting a 13% slide in net profit after taking hundreds of millions of dollars of write-downs on its enterprise business.Cochlear (ASX:COH) saw underlying net profit rise 27%, which missed market expectations sending its shares 7% lower.

Origin Energy (ASX:ORG) tumbled 9.4% as it warned profits in energy markets for the coming year would be softer. In the real estate space industrial property play Goodman Group beat its own guidance and Centuria Office suffered from a write-down in its offices, while Dexus Industria upgraded its guidance.

Treasury Wine Estates (ASX:TWE) is expecting its profit to bounce back after write-downs as it pursues a global premium wine strategy. Magellan shares jumped 7.8% following its results and announcing a proposed stake in Vinva Investments.

NRW was the best performer, whereas Nufarm tumbled 10%, as it cut its operating profit guidance.And Pilbara Minerals (ASX:PLS) fell 4.7% after indicating its plan to acquire Latin Resources.

 On the data front, Australia’s jobless rate rose to 4.2% last month, while adding more than 58 thousand jobs, which has led to conflicting interpretations from economists.