Latest Finance News



FlightCentre lifts guidance

Flight Centre has upgraded its profit guidance as its Australian, UK and Dubai units posted strong growth and a strong local currency increased outbound travel. The travel agency group said on Tues..

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iinet eyeing acquisitions

Internet service provider iinet says it welcomes recent pricing moves by the competition regulator to open up the national broadband network to all players. However, the company, which on Tuesday r..

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Aussie stocks close higher

An agreement for a second bailout deal for Greece buoyed the Australian share market, with all market sectors moving into positive territory as investor confidence strengthened. At 1615 AEDT, the b..

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Downer EDI returns to profit

After cost blowouts and delays in the Waratah Train project, Downer EDI's financial woes with the $3.6 billion taxpayer-funded rail project may now be behind it. The train manufacturer and engineer..

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OneSteel to slash jobs

Steelmaker OneSteel expects a better second half result following a $74 million interim net loss, and has flagged job cuts as well as a name change to reflect its increasing focus on mining. OneSte..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange early on Tuesday: AMC - AMCOR LTD - up 27 cents at $7.15 Packaging maker Amcor's first-half profit has fallen by nine per cent due to the strong ..

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European stocks close up

A roundup of trading on major world markets: NEW YORK - Wall Street markets were closed for the Presidents' Day public holiday. LONDON - Markets on Monday rose on hopes that Greece will finally ..

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