Latest Finance News



Aust share market closes slightly lower

The Australian share market has closed slightly weaker, snapping a 10-day winning streak, after markets in the United States fell.The benchmark S&P/ASX200 index fell 17.9 points, or 0.37 per cent, to ..

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Strong run for shares at an end

The Australian share market's strong run has stalled, with major resources and retail stocks leading the market lower at noon. At 1200 AEDT on Thursday, the benchmark S&P/ASX200 index was down ..

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Mother calls for Orica site probe

Explosives and chemical maker Orica says it will fund an environmental investigation into the history of mercury emissions at its former site at Port Botany after health fears from local residents.A m..

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Australian shares open flat

The Australian share market is relatively flat despite a fall on Wall Street overnight. At 1032 AEDT on Thursday, the benchmark S&P/ASX200 index was down 2.4 points, or 0.05%, at 4,894.3, and t..

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Tinkler hit again as Whitehaven suffers

The value of Nathan Tinkler's investment in Whitehaven Coal has taken another dive after the company more than halved its earnings forecasts.Operating earnings in the six months to December 31 will be..

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Price war hits Woolies comparable sales

Grocery giant Woolworths may have lured more shoppers to its supermarkets during the first half but its ongoing price war with rival Coles has taken a toll on sales.Woolworths' total sales for the 27 ..

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US stocks fall after weak GDP data

US stocks have closed modestly lower after data showed the economy unexpectedly shrank in the fourth quarter last year and the Federal Reserve maintained its loose monetary policy.The Dow Jones Indust..

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Australian share market closes higher

The Australian share market pulled back in late trading but still closed slightly higher, with investors unfazed by Prime Minister Julia Gillard announcing that the next federal election would be on S..

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Australian shares extend gains

The Australian share market is extending its good run for January, led by gains in the resources sector. At 1248 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 13.1 points, or 0.27%, ..

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Australian shares edge higher

Gains by major resources companies have led the Australian share market slightly higher, extending nine days of gains. At 1026 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 4.1 point..

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Australian share market closes higher

The Australian share market has closed higher, with investors encouraged by the recent strength of global markets. At 1615 AEDT on Tuesday, the benchmark S&P/ASX200 index had risen 53.8 points,..

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Shareholder group boss quits

The chief executive of Australia's peak shareholder body has resigned, saying the organisation does not have the resources to expand its work calling listed companies to account on complex issues such..

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Australian shares continue good run

The Australian share market has continued to strengthen, with major banks and healthcare stocks leading the gains. At 1210 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 40.7 points, or..

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Nine saved from collapse

Nine Entertainment has been saved from collapse with a Federal Court judge giving the final tick of approval to a $3.4 billion recapitalisation scheme. Justice Peter Jacobson sanctioned the scheme ..

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Australian shares continue to rise

The Australian share market has opened higher for a ninth straight day, despite substantial falls among insurers due to the flood and storm crisis on the east coast. At 1025 AEDT on Tuesday, the be..

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Suncorp takes thousands of claims

Insurer Suncorp says it has received 4,500 claims related to Queensland's floods and storms, but is prepared for the financial impact. Suncorp says it has made provisions for natural hazard claims ..

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Stocks to watch on Tuesday

Eds: The Australian stock market was closed on Monday, Jan 28 for the Australia Day public holiday. Stocks of interest on the Australian Stock Market on Tuesday, Jan 29, 2013: AAC - AUSTRALIAN A..

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Strong earnings propel stocks higher

Strong earnings reports from Procter and Gamble, Halliburton and other equities propelled US markets higher, pushing the much-watched S&P 500 past the 1,500 mark for the first time in five years. ..

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P&G outlook boost helps US stocks

US stocks have opened higher helped by Procter & Gamble's 2.4 per cent gain after it beat quarterly earnings estimates and raised its outlook for 2013. Positive quarterly reports from Oshkosh (..

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