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Qantas' move to buy back about four per cent of its issued stock to improve the airline's ailing share price appears to have had initial success. The airline on Thursday launched a $100 million buy..
The Australian stock market closed almost one per cent lower following steep falls on Wall Street. At the close on Thursday, the benchmark S&P/ASX200 index was down 39.2 points, or 0.89 per cen..
Troubled steelmaker BlueScope Steel has slashed bonuses and cut its chief executives pay packet to help it avoid a damaging shareholder protest vote at its annual general meeting. BlueScope has mad..
Building products maker James Hardie's first-half profit has fallen 35 per cent but the company says there are good signs in its key market, the United States. James Hardie made a net profit of $US..
Fortescue Metals Group will take an 18 per cent stake in oil and gas explorer Oil Basins, as it looks to diversify following volatility in the iron ore price. Fortescue's relatively small $4.2 mill..
Grains marketer and maltster GrainCorp has rejected a $2.68 billion takeover proposal from US-based food processing giant Archer Daniels Midland Company (ADM) whilst boosting its annual profit by 19 p..
Ports and rail operator Asciano has told shareholders that it is operating in a tough economic environment and it is frustrated by its disappointing share price performance. Investors were told at ..
Seven Group Holdings managing director Peter Gammell says the media and industrial services group is "doing very well" after forecasting a rise in first-half underlying profit for 2012/13. Seven Gr..
Stocks to watch on the Australian stock exchange on Thursday, Nov 14 BRG - BREVILLE GROUP LTD - down four cents at $5.80 Kitchen appliance maker Breville expects its earnings to rise by 10 per c..
US stocks tumbled on Wednesday as President Barack Obama challenged Republicans to accept tax increases for the wealthy in a deal to avert the year-end fiscal cliff. After opening higher, helped by..
