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Resources stocks have weighed on the local sharemarket due to investor concerns about the Chinese economy and weaker commodities prices. The resources sector fell by around 1.1 per cent on Wednesda..
BC Iron says it's focused on achieving its growth targets after increasing net profit nine fold. The Pilbara iron ore producer has recorded a statutory net profit of $70.3 million for the six month..
The housing construction sector struggled to gain strength at the end of 2013, a sign that the recovery in non-mining investment is still sluggish. The amount of construction work done in Australia..
A tough market for coal miners has led to Whitehaven Coal reporting an $11.6 million half year loss. The result in the six months to December 31 was an improvement on the $48.6 million loss the NSW..
Sales and profits at travel agency Flight Centre have taken off. The company said its evolution from travel agent to "travel retailer" had gained momentum as it lifted its first half profit by 20.7..
Property and construction giant Lend Lease is upbeat about its outlook, despite a 16 per cent slide in its half year profit. Weakness in the company's Australian and European construction businesse..
The Abbott government's repeal of the carbon tax and a bump in energy prices is set to benefit AGL Energy more than its utility rivals. Australia's second largest energy retailer posted weaker firs..
Australian Westfield shopping centres have proved highly resilient, with near record low vacancy rates and growing rents despite retail conditions continuing to be challenging. Shopping centre owne..
Wall Street stocks have fallen following weak US economic data and a mixed outlook from JPMorgan Chase on some of its key business units. The Dow Jones Industrial Average dropped 27.48 points (0.17..
