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Billionaire Kerry Stokes' positioning for a possible bid for Consolidated Media Holdings (ConsMedia) was most likely serious but unlikely to succeed, analysts say. The Seven Group chairman signalle..
Struggling surfwear retailer Billabong International is expected to fend off more takeover bids after its share price dived to its lowest level on record. More than a third of Billabong's stock val..
The Australian share market closed lower as investors expect a summit of European Union leaders this week to achieve little in solving the eurozone's ongoing problems. At 1615 AEST on Monday, the b..
Air Pacific has returned to profitability on the back of a rise in passenger numbers, with the Fiji-based carrier holding its own against bigger rivals Virgin Australia and Jetstar. Operating profi..
Perpetual has flagged a massive profit slide and pay cuts for its board as it begins a major restructure that involves the loss of hundreds of jobs. The fund manager said on Monday that it will sla..
Paint maker DuluxGroup says Alesco's rejection of its bid is misconceived and deficient but that the offer remains "compelling". DuluxGroup also repeated on Monday that a takeover of Alesco made go..
ANZ Banking Group's business customers are the banking sector's most dissatisfied, a survey says. The latest DBM Business Financial Services Monitor shows ANZ's customer satisfaction levels in May ..
A roundup of trading on major world markets: NEW YORK - US stocks rebounded Friday after Thursday's sharp fall, helped by European leaders meeting in Rome signalling a 130 billion euro ($163 billio..
Home buyers are expected to become more active over the next three years as conditions in the property market improve, a report says. The Residential Property Prospects, 2012 to 2015 report from ec..
Stocks to watch on the Australian stock exchange on Monday: BHP - BHP BILLITON LTD - down 68 cents at $31.52 BHP Billiton has committed $US845 million ($A832.47 million) to opening a new mine at..
