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The sharemarket has closed flat after a slower increase in property prices in China generated anxiety about the strength of the Chinese economy. The market had been doing reasonably well in early t..
Shares in Beach Energy have jumped after higher oil prices and sales helped the producer more than triple its half year profit. The company, which operates out of the Cooper Basin in South Australi..
The Australian stock market is on track for a seventh consecutive day of gains, despite the negative impact of several high profile companies trading ex-dividend. The market had defied a mixed lead..
Caltex Australia is counting on the impending closure of its Sydney refinery to reduce volatility in its earnings, after annual profit fell by 28 per cent. The company plans to shut the Kurnell pla..
Asset management firm Transfield Services has won a $1.2 billion contract to provide garrison and welfare services over a 20-month period at Australia's offshore refugee processing centres on Nauru, a..
Investors have punished Boart Longyear shares after the company made a heavy loss and said would review its operations after having slashed almost 3,500 jobs in the past year. The world's largest d..
Health insurer nib has grown its half year profit by nine per cent, as it attracts more policy holders and increases premium revenue. The company made a net profit of $39.7 million in the six month..
BlueScope Steel has achieved a half year profit for the first time in five years, but its Australian operations continue to lose money. BlueScope turned last year's first half loss of $24 million i..
