Latest Finance News



Shares up as Seven surprises on costs

Shares in Seven West Media have leapt 10 per cent after the company exceeded expectations on cost cuts and chief executive Don Voelte said the media group was placed to improve next year.Mr Voelte, a ..

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Sigma to maintain high payout

Drugs wholesaler and pharmacy services provider Sigma Pharmaceuticals expects to keep paying out a large proportion of its profits to shareholders.Sigma owns the Amcal, Guardian and Amcal Max pharmacy..

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Disney 2Q net profit up 32 per cent

Disney has topped analyst expectations as revenue gains at its parks and movie studio led to a 32 per cent increase in net income during the January-March quarter.Net income grew to $US1.51 billion ($..

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BHP raises $734m in Canada

Mining giant BHP Billiton will raise $734 million by issuing bonds in Canada.BHP is issuing $C750 million worth of bonds, with the proceeds to be used to refinance debt, the company said.

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Dow closes above 15,000 for first time

The blue-chip Dow Jones Industrial Average has closed above 15,000 for the first time as investor optimism about the US economy bolstered equities like Caterpillar. The Dow jumped 87.31 (0.58 per c..

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