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Shares in Seven West Media Ltd surged nearly 20 per cent after the company said it was on track to refinance debt and strengthen its balance sheet despite a tough advertising market.The broadcaster an..
The Australian share market closed sharply higher, buoyed by a return to confidence from overseas investors and solid earnings results. At 1615 AEST on Tuesday, the benchmark S&P/ASX200 index w..
Foster's Group has foreshadowed more job cuts, reporting an annual net loss and a continued drop in the Australian beer market.However, the brewer says the decline is slowing and believes a pick-up in..
ANZ Banking Group Ltd will raise $750 million in convertible shares as the lender seeks to strengthen its capital position.The convertible preference shares will form Tier 1 capital under the Australi..
Oil Search has more than doubled its first half net profit due to higher oil prices, and has reiterated its full year production guidance. The Papua New Guinea-focused oil and gas producer also on ..
Shares in Sonic Healthcare Ltd plunged almost six per cent after the company forecast 15 per cent earnings growth after a flat full year profit in 2010/11.Sonic reported on Tuesday profit of $294.5 mi..
Stocks to watch on the Australian stock exchange on Tuesday:AMC - AMCOR LTD - up 17 cents at $6.70Amcor has almost doubled full year profit as the packaging manufacturer expects to achieve more cost b..
A roundup of trading on major world markets: NEW YORK - US stocks made slight gains on Monday, after an exuberant early rally sparked by the apparent downfall of Libyan ruler Muammar Gaddafi gave w..
Flight Centre is confident that low airfares and growth in its overseas operations can boost profit this financial year.Managing director Graham Turner forecast an underlying profit increase of around..
