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US stock markets claw gains after rout

US stocks halted their downward slide on Friday, with the Dow Jones Industrial Average hovering just above the break-even mark at the close, despite ongoing gloom about the state of the global economy..

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Brickworks slashes jobs

Australia's largest brick and tile maker, Brickworks, says it has axed 17 per cent of its workforce and will close two more factories before Christmas due to the depressed housing market.Brickworks ma..

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Lynas flags a $57m loss

Lynas Corporation has flagged a 30 per cent jump in full year pre-tax loss due to higher operating costs at its Mt Weld rare earths mine in Western Australia as production is ramped up.Lynas shares ha..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange early on Thursday:AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - steady at $1.40Beef producer Australian Agricultural Company Ltd (AACo) says it could sta..

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Asset sales prop up Washington H profits

Diversified investor Washington H Soul Pattinson's (WHSP) increased full year profit by 67 per cent and the company says it has plenty of cash to grow its portfolio.WHSP generated a net profit of $363..

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