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The share market has closed higher due to indications economic stimulus in the US is likely to run into next year. Janet Yellen, nominated to take over as head of the US Federal Reserve, has said t..
Virgin Australia is raising $350 million from shareholders to reduce debt and provide cash for its new business strategy. The airline will offer existing shareholders five new shares for every 14 t..
US stocks have pushed to fresh all-time highs after a strong earnings report from Macy's raised hopes about the upcoming holiday shopping season. The Dow Jones Industrial Average increased 70.96 po..
Bega Cheese has increased its takeover offer for Warrnambool Cheese and Butter, but it doesn't match the $505 million offered by rival Murray Goulburn.Bega Cheese on Thursday said it was now offering ..
Optus is looking to improve its standing among customers by abolishing breakage fees and reducing bill shock, as it deals with lower revenues.The telco lost 38,000 customers during the three months t..
The share market has opened strongly on comments by the US Federal Reserve suggesting tapering of its stimulus program won't occur until next year. Janet Yellen, the nominee to lead the US Federal ..
James Hardie shares have hit a record high, adding $691 million to the company's value, after it more than doubled its first half profit.The building products maker made a net profit of $US194 million..
Grains handler and marketer GrainCorp expects lower than average grain receivals and exports amid tougher conditions over the next 12 months.GrainCorp chief executive Alison Watkins says many growers ..
US stocks have pushed to fresh all-time highs after a strong earnings report from Macy's raised hopes about the upcoming holiday shopping season.At the closing bell on Wednesday, the Dow Jones Industr..
