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The Australian share market has remained above the 5,000-point mark, boosted by encouraging company earnings reports. At 1615 on Thursday, the benchmark S&P/ASX200 index had risen 33.2 points, ..
Shares in Downer EDI have risen sharply as the engineering firm lifted its profit, resumed paying dividends, and said the $3.6 billion Waratah train project in NSW was now in very good shape. Downe..
Buying electronics from David Jones may become a thing of the past as it focuses on better-performing fashion and beauty categories and ditches DVDs, music and games. The department store chain wil..
Australian shares have opened flat, as investors remain cautious a day after the market closed at its highest level since 2008. At 1030 AEDT on Thursday, the benchmark S&P/ASX200 index was up 2..
The supermarket price wars seem far from over, with Wesfarmers chief Richard Goyder looking to increase Coles' sales and cut costs further.Wesfarmers announced on Thursday that it had increased its fi..
Optus says the telco's strategy is on track despite reporting a fall in third quarter net profit, declining revenue and flat subscriber growth.In a result labelled disappointing by analysts, Optus rep..
General Electric and Comcast have both surged in heavy trade after their $US18 billion ($A17.50 billion) deal over NBCUniversal, with markets closing mixed on an otherwise lacklustre day.Apparently un..
