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Australian shares added 1.1 per cent after positive Chinese trade data boosted markets already buoyed by positive US earnings and hopes for a pick up in local buyout deals. Exports from Australia's..
Tree planter Carbon Conscious Ltd expects its net profit in the 2011/12 financial year to rise 309 per cent to $3.5 million. Carbon Conscious develops "carbon forest sinks", which involves planting..
A hostile takeover bid for industrial services company Spotless Group appears to have stalled, with the private equity suitor unwilling to meet a demand to increase its offer. Spotless has asked Pa..
Insurance Australia Group (IAG) is facing a hefty bill of up to $200 million to cover damage inflicted by the Christmas Day storms that ripped through Melbourne. The destructive storms capped a bad..
Shares in Australia's Alumina have shot up after its joint venture partner Alcoa gave a positive outlook for aluminium demand. Melbourne-based Alumina's main asset is its 40 per cent stake in Alcoa..
Australian residential building approvals rose 8.4 per cent to 11,424 units in November. This compares to an upwardly revised 10,539 units in October, seasonally adjusted. In the year to Novembe..
Alcoa Inc is reporting a fourth quarter net loss as a slower global economy hurt aluminum demand in industries ranging from construction and packaging to vehicle production. The New York manufactur..
Clothing manufacturer Pacific Brands says it is considering a takeover approach from a private equity firm. The owner of brands such as Bonds, King Gee and Sheridan has confirmed it has received an..
Stocks to watch on the Australian stock exchange on Tuesday: BPT - BEACH ENERGY LTD - down one cent at $1.29 ORG - ORIGIN ENERGY LTD - up one cent at $13.17 Gas has begun flowing at the Middl..
A roundup of trading on major world markets: NEW YORK - US stocks wavered in opening trade as Wall Street awaited the unofficial kickoff of the fourth-quarter earnings season after the markets clos..
