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The Australian sharemarket has closed higher, following gains on US and European markets in the wake of last week's summit of European Union leaders. On Wall Street on Friday, stocks jumped two per..
Homes prices across Australia's capital cities have rebounded and could continue to climb if the central bank slashes rates again. The RP-Data-Rismark Home Value Index recorded an average one per c..
Lend Lease has cheered investors with expectations of a modest rise in operating profit for the 2011/12 financial year. Shares in the developer bounced by more than four per cent on Monday when Len..
The once in a century boom for most Australian miners appears to be over although resource houses with good projects should still receive support from the market. Platypus Asset Management chief in..
A deal struck by European leaders to address the eurozone sovereign debt crisis gives Australia's central bank another reason not to cut official interest rates this week. However, future reduction..
Hopes of a $1.65 billion takeover deal for David Jones have been dashed, with the mystery British private equity group behind the proposal making a quick retreat. EB Private Equity (EBPE) on Monday..
Troubled clothing maker Pacific Brands has trimmed $25 million from its debt pile thanks to stronger cash flows and the sale of two surplus properties. Pacific Brands has been trying to reduce its ..
Stocks to watch on the Australian stock exchange on Monday, July 2 DJS - DAVID JONES LTD - up 33 cents or 14.6 per cent at $2.59 David Jones has been offered $1.65 billion for a full takeover by..
A roundup of trading on major world markets: NEW YORK - US stocks leapt two per cent on Friday sparked by the dramatic measures adopted in Brussels to stem the eurozone crisis and stimulate growth,..
