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The Australian share market was relatively flat in early afternoon trade as falls by several large companies caused by dividend payouts offset other gains. At 1630 AEST on Monday, the benchmark S&a..
Volatile investment markets have pushed Challenger's full year profit down 43 per cent but the financial services group is confident it can improve earnings in fiscal 2013. Challenger's net profit ..
Former Commonwealth Bank (CBA) chief executive Ralph Norris stands to earn $9.6 million from his last five months at the bank. Mr Norris was paid $4.2 million between July 1, 2011, and his retireme..
Contract miner and construction group Macmahon Holdings has forecast 20 per cent profit growth in fiscal 2013 amid strong orders. Macmahon on Monday reported a 45 per lift in full year net profit t..
The head of news and entertainment website Yahoo!7 Rohan Lund has been appointed as Seven West Media's new group chief operating officer. Seven's chief executive Don Voelte said the role had been c..
Shopping centre operator Westfield Group won't say whether or not it will cut the size of its workforce by up to 10 per cent. News Ltd media reported on Monday that Westfield may cut up to 400 jobs..
BlueScope Steel is predicting another loss-making year in fiscal 2013 after posting its second consecutive $1 billion loss. The struggling steelmaker forecast an improved financial performance with..
Bendigo and Adelaide Bank has highlighted the pressures of high funding costs and weak demand for loans as it reported a 43 per cent drop in full year profit. The regional lender made a net profit ..
Health insurer nib is planning to expand into the global health cover market by targeting thousands of Australians who travel overseas for work each year. Offering international health care is a la..
Stocks to watch on the Australian stock exchange on Monday, August 20 ANZ - ANZ BANKING GROUP LTD - up 71 cents at $24.61 ANZ says its expansion into Asia gives it an advantage over rivals compe..
Apple shares hit a new all-time high on Friday as US stocks closed out the week with a second day of solid gains that put the Dow at its highest level since the last days of 2007. Apple shares rose..
