Latest Finance News



Daily earnings results round-up

RESULTS ROUND-UP AGL ENERGY Summary: The energy provider suffered a 62 per cent profit slide after taking $580 million in writedowns and acquisition costs. Profit: $218m, down from $570m S..

Full Article >

A day to forget for Aussie market

The Australian sharemarket has closed sharply lower after China's currency devaluation helped pull back resources stocks, and the Commonwealth Bank's capital raising weighed on the other big banks. ..

Full Article >

International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have fallen sharply after China unexpectedly devalued its currency, as Apple, General Motors and other companies heavily exposed to..

Full Article >

Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Aug 12: AGL - AGL ENERGY The market will learn on Wednesday whether AGL Energy is powering ahead, when it releases its full year re..

Full Article >

Healthcare and banks drag market lower

The healthcare sector has dragged the share market lower as weaker than expected earnings from bionic ear maker Cochlear caused a sharp sell-off. Falls among the big four banks also pushed the mark..

Full Article >

Banks drag market back into the red

The share market has tumbled in morning trade as the financial sector sunk and investors dumped shares in Cochlear and Domino's Pizza despite strong profit growth from each company. The big four ba..

Full Article >

Business, consumer perkiness wanes

Business and consumer confidence has fallen from their post federal budget highs, weighed down by weakness in the mining sector. The National Australia Bank business confidence index dropped to fou..

Full Article >

Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Aug 11: COH - COCHLEAR Cochlear implant maker releases full year results BKN - BRADKEN Mining and construction products supplie..

Full Article >

International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have surged as Berkshire Hathaway announced a $US37.2 billion ($A50.2 billion) acquisition of Precision Castparts and petroleum-lin..

Full Article >

Resurgent banks boost share market

The share market overcame a weak start to close higher as investors regained enthusiasm for the big banks. The market dropped as much as 0.3 per cent in early trade, but gains in the financial sect..

Full Article >

Resurgent banks boost share market

The share market overcame a weak start to close higher as investors regained enthusiasm for the big banks. The market dropped as much as 0.3 per cent in early trade, but gains in the financial sect..

Full Article >

Share market back in the black

The share market has turned around its early falls thanks to gains by the big four banks. The market was about 0.45 per cent higher in early afternoon trade, as investors bought back into the banks..

Full Article >

Daily earnings results round-up

RESULTS ROUND-UP ANSELL Shares in Ansell plunged after the gloves and condoms maker warned currency fluctuations would eat into its earnings in 2015/16 as it unveiled its latest full year profit..

Full Article >

International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have dropped after a solid US July jobs report lifted expectations the Federal Reserve will soon raise interest rates. ..

Full Article >

Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Aug 10: ANN - ANSELL Protective clothing and condom maker Annsell is due to report full year results BEN - BENDIGO AND ADELAIDE BAN..

Full Article >

Aust shares close lower

The Australian share market has closed lower, with the big banks shedding more than three per cent. At the close on Friday, the benchmark S&P/ASX200 index was 135.3 points, or 2.41 per cent, lo..

Full Article >

Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, Aug 7: ANZ - ANZ BANKING GROUP - in a trading halt at $32.58 CBA - COMMONWEALTH BANK - down $2.82, or 3.2 per cent, at $84.55 NAB -..

Full Article >

Big banks weigh on share market

The share market has been pulled lower by big falls among the major banks after ANZ announced a $3 billion capital raising. ANZ will raise the funds from investors in response to regulatory moves f..

Full Article >

Australian shares are lower

The Australian share market is lower after ANZ's trading halt and big losses by the banks, but the materials sector is one of the few bright spots. At 1200 AEST, Commonwealth Bank, NAB and Westpac ..

Full Article >

International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have finished mostly higher following mixed economic data, but a disappointing earnings report from Disney has weighed on the Dow. ..

Full Article >

Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Aug 6: FMG - FORTESCUE METALS GROUP - up 11 cents, or 6.2 per cent, at $1.885 Two Chinese firms are reportedly eyeing Fortescue's as..

Full Article >