Latest Finance News



Aussie shares inch lower

Australian stocks ended slightly weaker after a day of choppy trade as positive minutes from the central bank's meeting helped investors shrug off the ongoing economic gloom. Telecoms, healthcare a..

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Incitec Pivot starts strongly

Incitec Pivot has started the fiscal year strongly with the explosives and fertiliser maker's sales volumes and prices above those of a year earlier. In fiscal 2012 the company was expecting a cont..

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Billabong falls further 18%

Shares in Billabong slumped a further 18 per cent to a fresh record low following its biggest one-day percentage fall on Monday, as analysts warned the surfwear retailer is heading for a wipeout. S..

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Data show retail spending up

Retail spending rose in November, a new private sector survey shows, despite major retailers complaining of weakening demand. The Commonwealth Bank (CBA) Business Sales indicator (BSI) rose by 0.3 ..

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Winners and losers of 2011

Stellar investor returns were few and far between in 2011, but some shareholders still managed to achieve double-digit gains or better. With the Australian share market shedding about 15 per cent i..

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US, European stocks slide

A roundup of trading on major world markets: NEW YORK - US stocks edged lower in afternoon trading with bank stocks leading the way down. Stocks opened higher Monday but soon fell after an hour ..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: BBG - BILLABONG INTERNATIONAL LTD - down $1.61 at $2.03 Retail shares have taken a pounding as a profit warning from surfwear giant B..

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