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The Australian share market closed stronger as investors snapped up industrial stocks amid renewed hopes for a potential solution to the European debt crisis. The benchmark S&P/ASX200 index gai..
Takeover target Hastings Diversified Utilities Fund (HDF) has opened the doors to predator APA Group to discuss its sweetened $1.34 billion offer. Independent directors of HDF's responsible entity,..
Caltex Australia has refused to guarantee the long-term future of 660 workers at its Brisbane oil refinery after committing to shutting its Sydney plant. A combination of cheap labour costs and new..
Weapons developer Metal Storm is up for sale after a complex financing deal fell through, forcing it into voluntary administration. The company on Thursday appointed Dean-Willcocks Shepard Recovery..
The head of one of Australia's retail giants fears there is no end in sight to the nation's consumer gloom, despite its flagship Coles supermarket boasting a hefty full year sales increase. Wesfarm..
Australia's biggest gold miner Newcrest Mining says major project expansions at Cadia Valley and Lihir remain on schedule as its shares jump six per cent in 48 hours. Newcrest shares closed one per..
Australand is confident of delivering earnings growth in 2012 after reversing its profit slide amid tough times in the property development market. Australand on Thursday reported a six per cent ri..
Shares in Qantas Airways have soared as the national carrier confirmed it is in talks with a number of airlines about potential alliances, including Dubai-based Emirates. Qantas said that making al..
Confidence is down in the property and construction sector, even in the prosperous mining states, according to a private study. The Property Council of Australia-ANZ Property Industry Confidence Su..
US stocks have closed mixed as investors digested strong earnings reports from Dow members Boeing and Caterpillar and disappointing results from Apple. Weaker-than-expected numbers on new-home sale..
