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Iluka Resources shares have risen seven per cent after the company reported a sharp increase in quarterly sales revenue. Revenue lifted 28 per cent to $234.3 million in the three months to December..
Australian shares have rallied as a sharp drop in the local currency helped give the mining giants a boost. The Australian dollar plummeted by more than one US cent, to below 88 US cents, for the f..
Bega Cheese will sell its 18.8 per stake in Warrnambool Cheese and Butter to Canadian dairy giant Saputo, putting Saputo in prime position to win the takeover battle for WCB. Saputo and Australia's..
The Australian share market has opened higher, led by resources stocks, after a positive lead from markets in the United States. IG markets strategist Stan Shamu said the local bourse had had a ver..
Weak jobs growth in 2013 will ensure the Reserve Bank of Australia keeps an open mind about the possibility of cutting the cash rate again. Unemployment remained steady at 5.8 per cent in December,..
Iron ore miner Fortescue says the construction of a new $178 million gas pipeline to its Pilbara operations, will reduce operating costs and open up long-term growth opportunities. Fortescue has si..
Woodside shareholders could be in for a bonanza after the company notched up record annual production and sales revenue of almost $6 billion. Irrespective of whether Woodside pushes the button on a..
The halcyon days of three years ago are over but Rio Tinto looks well placed to deliver a healthy full year profit next month after achieving record iron ore shipments in 2013. The mining giant eke..
US producer prices rose modestly in December on higher energy costs, ending two consecutive months of declines, the Labor Department says. The producer price index rose 0.4 per cent in December, sl..
The S&P 500 has closed at a new record following a batch of mostly solid economic and corporate earnings reports, and a modestly upbeat Federal Reserve report. The S&P 500 jumped 9.50 (0.52..
