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The Australian share market closed sharply lower on a mixture of poor company results and big falls on US and European bourses spooked by the poor global growth outlook. The benchmark S&P/ASX20..
A raft of natural disasters failed to crimp QBE Insurance Group's first half profit, but a big contraction in insurance margins caused its shares to plunge. The Sydney-based global insurer booked a..
Shares in Billabong International suffered a 26 per cent wipeout to the lowest in a decade, after the surfwear retailer reported a sharp decline in profit.Net profit was $119.14 million in the year to..
Shares in Goodman Fielder plunged almost 20 per cent after the breads and spreads maker lowered its profit expectations for the year.The company says it will take a $300 million impairment charge on i..
ANZ Bank is on track for full year earnings growth of 17 per cent to another record profit and remains confident about the Australian economy despite volatile financial markets. Chief executive Mik..
Stockland plans to buy back up to five per cent of its stock, equivalent to 119.15 million securities.The on-market buyback will be funded by asset sales and the deferral of some uncommitted developme..
Stocks to watch on the Australian stock exchange on Friday: ABC - ADELAIDE BRIGHTON LTD - up 10 cents at $2.66 Cement and lime manufacturer Adelaide Brighton says half year profit declined by 10..
New worries about a second recession in the United States and Europe, prompted by an investment bank report, sent US stocks into a new sharp fall on Thursday. The Dow Jones Industrial Average close..
Fortescue Metals Group has delivered a big leap in full-year profit thanks to high iron ore prices, but noted a dip in demand from China as the Asian economic superpower tightens lending in an effort ..
