Latest Finance News



Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange early on Thursday: CSR - CSR LTD - up five cents at $2.41 CSR conceded its takeover of Viridian may have been a dud after the struggling glass di..

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Aussie shares end 1% firmer

Australian shares gained more than one per cent as markets focused on Italy and stronger commodity prices prompted local investors to buy mining stocks. At 1615 AEDT, the benchmark S&P/ASX200 i..

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Viridian thorn in CRS’s side

CSR conceded its takeover of Viridian may have been a dud after the struggling glass division dragged down first half earnings at the building products maker. Viridian Glass posted a $6.9 million f..

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Consumer confidence rising

Consumers are looking more confident after last week's interest rate cut by the Reserve Bank of Australia (RBA), a survey finds. The Westpac/Melbourne Institute Index of Consumer Sentiment increase..

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Optus releases NBN pricing

Optus has released the cost of its internet plans to be delivered over the national broadband network (NBN). The decision to go public with its cost offerings comes despite the telco having not yet..

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Stocks to watch Wednesday

Stocks to watch on the Australian stock exchange early on Wednesday: CBA - COMMONWEALTH BANK OF AUSTRALIA - up 36 cents at $49.68 Commonwealth Bank is warning its funding costs could rise as a r..

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Aussie shares close higher

The Australian share market closed firmer after a positive US lead but trading volumes were low as investors sat on the sidelines amid ongoing anxiety over eurozone debt. The benchmark S&P/ASX2..

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CBA’s funding costs rising

Commonwealth Bank of Australia (CBA) is warning its funding costs could rise as a result of economic uncertainty in Europe. Chairman David Turner gave a bleak assessment of Europe's debt problems a..

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Gold hits a six week high

A summary of trading in key commodities markets overseas: ENERGY Oil prices surged Monday as Greece worked to forge a new government to tackle its debt crisis and traders awaited data on world e..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange early on Tuesday: ADE - ADELAIDE ENERGY LTD - up six cents at 20 cents BPT - BEACH ENERGY LTD - up 2.5 cents at $1.225 South Australian-based ..

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Wall street closes stronger

US stocks jumped strongly in the last two hours of trade Monday to finish in the green after a day spent mostly in the loss zone under more clouds from the eurozone crisis. The Dow Jones Industrial..

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Aussie shares close lower

The Australian share market closed slightly lower after energy stocks lost ground and Westpac and Macquarie Group traded without a dividend. The benchmark S&P/ASX200 index was down 7.7 points, ..

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Computershare stocks soar

Shares in Computershare have soared by over 15 per cent as its largest-ever acquisition finally obtained United States anti-trust clearance. Notice of the clearance, provided on Monday, allows the ..

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