Facebook drags down US shares: Aus shares to open lower
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20 Mar 2018 - Following negative leads from US markets the Australian share market looks set to open lower. US stocks pulled back on Monday as a decline in Facebook dragged the tech sector down. Retail company Kathmandu (ASX:KMD) has announced the acquisition of Oboz Footwear. The company paid cash consideration of $60 million for the footwear company.
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SUMMARY
20 Mar 2018 - Following negative leads from US markets the Australian share market looks set to open lower. US stocks pulled back on Monday as a decline in Facebook dragged the tech sector down. Retail company Kathmandu (ASX:KMD) has announced the acquisition of Oboz Footwear. The company paid cash consideration of $60 million for the footwear company.
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