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Australian stocks closed firmer as strong gains among mining and gold stocks pushed the broader market higher. At 1615 AEST on Thursday, the benchmark S&P/ASX200 index was up 7.7 points, or 0.1..
Qantas Airways will cancel $US8.5 billion ($A8.12 billion) in aircraft orders to cut costs after the struggling airline notched up its first full year loss since privatisation. Qantas on Thursday b..
Origin Energy has warned that growth in its net profit will halt this year as it battles the Queensland government over electricity prices and weakening energy demand. The flat forecast from managi..
Drive-through cafes and standalone stores are just some of the ideas Retail Food Group will be serving up as it gets creative in dealing with a difficult retail environment. The company behind bran..
A $100-million strong annual development pipeline and more acquisitions are expected to continue driving growth for Ramsay Health Care. The private hospital group reported a 23 per cent increase in..
David Jones will reduce its exposure to the underperforming home and electrical product categories as the upmarket retailer works "furiously" to counter a continual sales slump. The department stor..
Australia's third largest iron ore producer, Fortescue Metals Group, has increased full year net profit by 53 per cent to a record $US1.56 billion ($A1.49 billion). The result comes despite falls i..
Transport group Cabcharge has lifted its full year profit 30 per cent and says it is cautiously confident about future earnings growth. Cabcharge's net profit rose to $60 million for the year to Ju..
Stocks to watch on the Australian stock exchange on Thursday, August 23 AGK - AGL ENERGY LTD - down six cents at $15.69 Energy supplier AGL Energy says the implementation of the federal governme..
US stocks have erased early losses to close mixed after a fresh sign that the US Federal Reserve is leaning toward new economic stimulus efforts. The Dow Jones Industrial Average finished down 30.8..
