Latest Finance News



Gerard Lighting shares soar 26%

The Gerard Lighting Group has endorsed a $186 million takeover offer from Lighting Group Australia, sending shares soaring more than 26 per cent. Shares in Gerard closed 21.5 cents, or 26.71 per ce..

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New chief executive for MHM Metals

The former CEO of Coogee Chemicals Pty Ltd Phil Thick has been appointed managing director and chief executive of diversified resources company MHM Metals. MHM Metals will shift its business focus ..

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BHP Billiton hit by negative outlook

BHP Billiton is expected to face a challenging few months as risk-averse investors abandon the stock despite positive production numbers. Shares in the world's biggest resources company hit near th..

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NAB’s UK banks in rate swap review

National Australia Bank's (NAB) two British lenders are under review by the UK financial watchdog as part of its probe into the alleged mis-selling of interest rate hedging products. NAB said its C..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, July 18: BHP - BHP BILLITON LTD - up two cents at $30.79 Production and sales at BHP Billiton's key iron ore division are expected ..

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US stocks extend gains

US stocks climbed for a second straight day on Wednesday amid upbeat earnings reports and after a Federal Reserve report said the economy continued to grow, at least at a modest pace. The Dow Jones..

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