Latest Finance News



Aussie shares close higher

Australian shares added 0.7 per cent as hopes for a new debt deal in Europe and forecast-beating economic growth data for the September quarter boosted investor appetite. Europe's touted new debt p..

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TPG maintains guidance

TPG Telecom has maintained earnings guidance for fiscal 2012. The telco told shareholders at Wednesday's annual general meeting in Sydney that earnings before interest, tax, depreciation and amorti..

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Titan in joint-venture talks

Oil and gas services company Titan Energy Services made a negative debut on the Australian stock exchange. However, the company says it seeks to expand its equipment hire business and is in early s..

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Atlantic to issue new shares

Vanadium miner Atlantic Ltd will issue new shares to raise $25 million to help accelerate the ramp-up of its Windimurra mine in Western Australia. Shares in Atlantic were down three cents, or 2.5 p..

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Construction activity falls

Australia's construction industry continued to decline in November but at a slower pace, according to a private sector survey. The Australian Industry Group/Housing Industry Association Performance..

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Citigroup to cut 4,500 jobs

US bank Citigroup Inc has announced it is cutting 4,500 jobs in its latest effort to reduce costs. The bank will take a $US400 million ($A391.56 million) charge in the fourth quarter as a result. ..

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Stocks to watch Wednesday

Stocks to watch on the Australian stock exchange on Wednesday: ANZ - ANZ BANKING GROUP LTD - down six cents at $20.99 CBA - COMMONWEALTH BANK OF AUSTRALIA - down 26 cents at $49.70 NAB - NATI..

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