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The Australian share market recovered from earlier heavy loses to close flat after a better than expected profit from Telstra offset negative offshore leads.At 1615 AEST, the benchmark S&P/ASX200 inde..
Telstra shares gained $2 billion in value as the telco reported strong customer growth and forecast improved revenue and earnings in the year ahead.Despite a 17 per cent drop in net profit, Telstra be..
Foxtel is confident it can again achieve growth this financial year aided by its $600 million plus AFL deal, despite consumer uncertainty creating a tough market for pay TV.The AFL is expected to earn..
Australia's unemployment rate rose to 5.1 per cent in July, official figures show.The June figure was an unrevised 4.9 per cent.Total employment was steady at 11.450 million in the month.Full-time emp..
Online travel agent, Webjet Ltd, has lifted annual profit by five per cent, and says it expects to double the result in the current year. Webjet reported on Thursday net profit of $11.006 million, ..
The United States notched up a fourth straight month of declining deficits in July compared with a year ago, according to official data released Wednesday. The US government's budget shortfall for ..
The Australian dollar was trading close to two US cents lower on Thursday morning, after rumours of bad economic news out of France sparked a global sell-off.At 0700 AEST on Thursday, the Australian d..
Stocks to watch on the Australian stock exchange on Thursday:CBA - COMMONWEALTH BANK OF AUSTRALIA - up 95 cents at $48.23Commonwealth Bank of Australia (CBA) says the outlook for year ahead is modest ..
The Australian stockmarket has recovered from a weak opening to be trading marginally higher before noon. The local bourse opened 1% lower this morning after another horror night in foreign bourses..
