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Aussie shares close higher

Australian shares closed marginally higher as investors remained cautious despite changes of leadership in Italy and Greece. At the close, the benchmark S&P/ASX200 index was up 8.1 points, or 0..

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Paladin’s quarterly loss rises

Uranium miner Paladin Energy has posted a much bigger net loss for the September quarter than a year earlier after booking an impairment charge for its Kayelekera mine in Malawi.But shares in Paladin ..

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NAB CEO Clyne paid $5.3m

National Australia Bank chief executive Cameron Clyne earned $5.3 million in the year to September, the third most among the big four bank CEOs.NAB's annual report, released on Monday, showed Mr Clyne..

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Incitec’s profit lifts by 12.8%

Fertiliser and explosives maker Incitec Pivot has increased full year profit 13 per cent and says 2012 will be a transition year as it seeks to expand the Asia-Pacific explosives business. The comp..

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Elders posts a net loss

Elders has forecast an improved performance during the current fiscal year after posting a substantial loss due to the decision to sell its forestry business. The agribusiness and automotive interi..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, November 11 AIO - ASCIANO LTD - up four cents at $1.525 Asciano is to consolidate its share structure, meaning a three-fold rise in it..

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US, European shares rise

A roundup of trading on major world markets: NEW YORK - US stocks jumped about two per cent Friday after three struggling eurozone governments moved ahead on crucial austerity programs, boosting co..

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