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Telstra shares have been marked down despite the company growing profits and boosting mobile subscriber numbers. Telstra reported net profit of $3.4 billion for 2011/12 on Thursday, an increase of ..
Australian shares continued to rally at three-month highs, with broad-based gains from the financial, energy and mining sectors. At the close on Wednesday, the benchmark S&P/ASX200 index was up..
Struggling department store operator Myer has appointed Paul McClintock as a non-executive director and chairman-elect, after current chairman Howard McDonald decided to stand down. Mr McDonald wil..
Gold producer Endeavour Mining Corporation has brokered a late night deal to take over Canada's Avion Gold, making it one of West Africa's largest mining companies. The West African-focused Endeavo..
Qantas can use as many contract staff as it likes after the industrial umpire ruled in the airline's favour in the long-running dispute with the Transport Workers Union (TWU). Fair Work Australia's..
Shares in Computershare soared six per cent as the company flagged an earnings rise of up to 15 per cent. The forecast came as the shareholder services revealed its annual net profit had fallen 41 ..
Rio Tinto has provided a bullish outlook for China predicting a quick recovery in its pace of growth, after the miner's profits fell due in part to weaker demand from the Asian giant. Rio, which is..
Property developer Stockland says the market for housing is at its weakest level in 20 years because consumers lack confidence. Stockland on Wednesday posted a net profit of $487 million for the ye..
The nation's largest cattle producer, Australian Agricultural Company (AACo), is looking towards the growing market for meat in China as it reduces dependence upon Indonesia as a market for live expor..
Stocks to watch on the Australian stock exchange on Wednesday, August 8 ALS - ALESCO GROUP LTD - steady at $2.06 DLX - DULUXGROUP LTD - down four cents at $3.24 Paintmaker DuluxGroup says it ..
US stocks have rallied for a third straight day, buoyed by hopes for more stimulus from the Federal Reserve and the European Central Bank to boost weak economies. The Dow Jones Industrial Average f..
Gina Rinehart has signalled she will not back down from her demands for Fairfax board seats, by sending a letter seeking support from shareholders for the first time. Mrs Rinehart, the world's rich..
