Latest Finance News



Metcash CEO sets date to stand down

Grocery wholesaler Metcash expects to name a new chief executive in February after current boss Andrew Reitzer confirmed he will resign at the end of the financial year. Mr Reitzer announced in Feb..

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Echo CEO joins management exodus

Echo Entertainment has denied it is in turmoil after chief executive Larry Mullin joined a management exodus and quit amid concerns about the casino operator's balance sheet. The latest departure w..

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Funtastic returns to profitability

Toy distributor Funtastic's return to profitability was helped by fluffy toys that doubled as pillows, and this year it hopes that female superhero dolls will prove just as popular. Funtastic on Th..

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Woolworths sells Dick Smith Electronics

Dick Smith Electronics' new private equity owners plan to open new stores and boost the retailer's online presence after buying the business from Woolworths for $20 million. Woolworths on Thursday ..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Sept 27: ALS - ALESCO CORPORATION LTD - in trading halt, last traded at $2.00 DLX - DULUXGROUP LTD - down four cents, or 1.2 per cen..

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