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Insurance Australia Group (IAG) says it is on track to deliver on its full year financial guidance after an encouraging performance in the first quarter.Chief executive Mike Wilkins told the insurer's..
Woolworths has reported a "patchy" first quarter sales result, with its supermarkets, liquor and new homeware divisions performing well, while sales declined at Big W. Australia's biggest supermark..
Australian shares rebounded strongly to finish the day in positive territory after initially falling more than one per cent. The consumer price index (CPI) for the September quarter showed that inf..
Specialty retailer Super Retail Group says it has started the current financial year well, despite uncertain conditions in the broader retail sector.Super Retail operates Supercheap Auto outlets, BCF ..
Wagering and gaming firm Tabcorp Holdings expects to pay its $410 million wagering and betting licence fee to the Victorian government shortly.Tabcorp retained its Victorian licence in return for an u..
European steelmaker ArcelorMittal has pulled out of its joint deal to takeover Macarthur Coal with US-based Peabody Energy. The deal will continue but with ArcelorMittal to sell its interest to Pea..
The rate of inflation has slowed but economists are divided on whether there will be an interest rate cut in the coming months. The market is also keenly awaiting to see if European leaders will re..
Woolworths has increased the size of a note issue to $700 million after strong demand.The retailer had previously aimed to raise $500 million through the note issue but said its issue of unsecured, su..
Fortescue Metals Group has borrowed $US1.5 billion ($A1.44 billion), half a billion more than initially intended, to fund the iron ore miner's expansion plans.Fortescue said in a statement on Wednesda..
A roundup of trading on major world markets: NEW YORK - Lower corporate earnings and reports that a key meeting between European financial ministers had been cancelled pulled Wall Street stocks low..
Stocks to watch on the Australian stock exchange on Wednesday October 26:BBG - BILLABONG INTERNATIONAL LTD - up 31 cents at $3.91Surfing brand Billabong International says its strategy of buying retai..
