Latest Finance News



Oroton shares marked down

Oroton shares have taken a hit after the luxury accessory brand predicted softer second half earnings for the 2012/13 financial year. In a trading update on Friday, the handbag retailer said its pe..

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Paladin cancels uranium mine sale

Paladin Energy has scrapped the sale of a stake in its flagship African uranium mine after it failed to attract a high enough bid.The Australian listed company instead will use a shareholder diluting ..

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Crown shakes up senior management

Casino operator Crown is shaking up its senior management team in a move that sees its Perth resort boss promoted at the expense of his Melbourne counterpart. The James Packer-controlled company ha..

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Australian shares open higher

The Australian share market has opened nearly one per cent higher. At 1010 AEST on Friday, the benchmark S&P/ASX200 index was up 50.2 points, or 0.99 per cent, at 5,111.7, while the broader All..

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