Latest Finance News



MacMahon receives first strike on pay

Shareholders have delivered MacMahon Holdings its "first strike" over executive pay amid widespread anger over a recent earnings downgrade and a forecast first-half loss. More than 28 per cent of s..

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Lynas seeks $200m for rare earths plant

Analysts remain unimpressed by rare earths miner Lynas's financial position despite this week's legal win that will allow it to operate a rare earths plant in Malaysia. Deutsche Bank and JP Morgan ..

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NAB class action settled for $115m

Big corporations should take note of a $115 million settlement of a class action against the National Australia Bank (NAB), law firm Maurice Blackburn says. About 15,000 NAB shareholders took legal..

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US stocks sink for a second day

US stocks have sunk in a second day of losses following President Barack Obama's re-election victory, trimming another one per cent after Wednesday's huge rout. The spectre of a bruising political ..

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