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Aussie stocks close weaker

The Australian share market closed lower on Monday, partly pulled back by market giant BHP Billiton, which paid its interim dividend; the big banks, three of which had a ratings downgrade on Friday; a..

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Aussie dollar falls vs. euro

The Australian dollar has fallen more than a quarter of a US cent as demand rises for European currencies. At 1700 AEDT the Australian dollar was trading at 106.89, down from 107.17 on Friday. E..

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Telstra releases NBN pricing

Telstra Corporation will start selling internet plans to be delivered over the national broadband network (NBN) from Tuesday. The move comes after the nation's largest telco signed a wholesale serv..

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Gunns’s losses worsening

Woodchipper Gunns says the future value of the company relies upon the completion of its controversial $2.5 billion pulp mill at Bell Bay in Tasmania. Gunns on Monday posted a $173.3 million loss f..

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SFG eyes more M&A deals

Wealth manager SFG Australia Ltd is ready for more transformational mergers and acquisitions after its friendly merger with Shadforth Financial Group helped boost interim profit by 84 per cent. For..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange early on Monday: AGK - AGL ENERGY LTD - down 67 cents at $13.67 MELBOURNE, Feb 24 AAP - AGL Energy says it is confident of getting regulatory app..

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Wall Street closes mixed

A roundup of trading on major world markets: NEW YORK - US stocks drifted to a mixed close on Friday in lacklustre trade as the broad market scored a modest gain. The Dow Jones Industrial Averag..

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