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The Australian share market was dragged lower by renewed concerns that Greece is heading towards default and a weak lead from Wall Street while lower commodity prices weighed on mining stocks. The ..
AMP chief executive Craig Dunn is adamant the wealth manager is on track for growth despite suffering an 11 per cent slump in full year profit. AMP on Thursday reported a fall in net profit to $688..
Investors have given the tick of approval to Qantas Airways' plans to reduce costs through staff cuts and deferring aircraft orders, sending the stock up to a near three-month high. While unions an..
Pallet supplier Brambles has downgraded its earnings expectations despite overcoming a tough trading period with a rise in first half profit. Brambles on Thursday reported a nine per cent rise in n..
The Queensland floods have not dampened the profit projections of grain handlers GrainCorp, which is on track to enjoy more record earnings this financial year. GrainCorp on Thursday announced full..
Westpac has painted a bleak outlook for the economy after posting a weaker than expected $1.5 billion quarterly profit. Chief executive Gail Kelly said Europe's debt problems continued to raise the..
Unemployment has fallen to its lowest level in six months but the outlook for the labour market remains bleak as many companies cut their workforce. The unemployment rate fell to 5.1 per cent in Ja..
Billabong shares have been placed in a trading halt amid reports it received a $A776 million takeover bid from US private equity giant TPG. Billabong issued a statement on Thursday announcing the t..
Stocks to watch on the Australian stock exchange early on Thursday: AIO - ASCIANO LTD - steady at $4.59 Asciano chief executive John Mullen is recovering in hospital after undergoing surgery for..
US stocks ended in the red Wednesday amid renewed concerns that Greece was veering toward default after a debt bailout hit fresh turbulence. The Dow Jones Industrial Average fell 97.33 points (0.76..
