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Aussie stocks close lower

The Australian share market followed negative offshore leads to edge lower after disappointing economic data from debt-riddled Europe. The benchmark S&P/ASX200 index was down 6.9 points, or 0.1..

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Jobs at risk at BHP plant

BHP Billiton is the latest Australian company to flag possible job cuts because of the strength of the Australian dollar. The global miner has decided to suspend work at its manganese alloy plant i..

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Fairfax’s profit down 44%

Newspaper publisher Fairfax Media has launched a three-year $170 million savings program that will probably involve more job losses. Fairfax chief executive Greg Hywood said the company's first hal..

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Conditions still tough: Toll

Transport and logistics group Toll Holdings expects economic conditions in the Australian retail and industrial sectors to remain challenging. Toll, which in past years has been highly acquisitive,..

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Origin reaffirms 30% growth

Energy producer and retailer Origin Energy has posted a first half net profit of $794 million compared to a $136 million loss for the previous corresponding period. The profit is also higher than i..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange early on Thursday: AIO - ASCIANO LTD - up 15 cents at $4.78 Ports and rail operator Asciano says it expects higher earnings in the second half of..

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