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Qantas Airways has set a five-year target to return its struggling international operations to profitability.The airline announced on Tuesday it was cutting some long-haul flying, deferring orders of ..
Australian shares closed sharply higher, extending earlier gains in the day, led by bargain hunters on the back of positive company results.At 1615 AEST on Monday, the benchmark S&P/ASX200 index was u..
Leighton Holdings is confident of turning a $1 billion full year profit within five years after having its tail feathers "bloody well burnt" to the tune of $400 million in fiscal 2011. Shares in Au..
Newcrest Mining has delivered a record full-year profit and is bullish about the continuing strength of the soaring gold price. Australia's biggest gold miner also said on Monday that it was pressi..
Internet service provider iiNet Ltd's annual profit fell three per cent, but recent acquisitions and rising customer numbers are expected to drive profit growth in the year ahead.iiNet's net profit fo..
Engineering firm UGL says the strong Australian dollar has been a drag on earnings even though it managed to lift profits because of the mining boom.The lift was the 10th consecutive financial year UG..
Sales of new motor vehicles in Australia rose 8.6 per cent in July, official data shows.The Australian Bureau of Statistics (ABS) said on Monday that new vehicle sales rose to 84,733 units in July, se..
Ansell has reported a 2.7 per cent rise in full year profit to $122.7 million for the 12 months to June 30 despite a 0.6 per cent slip in revenue to $1.228 billion.It cheered investors with a forecast..
Stocks to watch on the Australian stock exchange today Monday:NCM - NEWCREST MINING LTD - down one cent at $40.73Newcrest Mining is expected to post a 96 per cent leap in underlying profit as stronger..
The Australian economy is in "pretty sound shape" but it should be stronger, even as concerns grow about the United States falling into recession, the Commonwealth Bank says.Ralph Norris, chief execut..
Australian shares were higher at noon, extending gains from the morning as institutional traders took advantage of a brief reprieve from last week's market volatility.But the market could decline even..
