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Four hundred workers will lose their jobs as Qantas Airways overhauls its engineering operations. Qantas says the decision to cut 150 of its own workers and 250 contractor positions is due to overs..
Specialty Fashion's sales are up for the start of fiscal 2013, but the retailer's chief executive Gary Perlstein says shoppers are too fickle for him to predict improved trading conditions. Mr Perl..
Apple's stock has fallen along with a sell-off in the broader market. The stock of the world's most valuable company has now fallen more than 20 per cent from its all-time high of $705.07, hit on S..
The October labour force figures have come out a bit better than expected, but were still nothing to write home about. The unemployment rate was unchanged at 5.4% in October. Meanwhile, employment ..
Domino's Pizza Enterprises says it is on track to meet its full year guidance. Chief executive Don Meij said same-store sales growth for the first quarter of this financial year was 1.3 per cent. ..
BHP Billiton has confirmed that the global mining giant is preparing for the departure of chief executive Marius Kloppers with a succession plan. But the company would not comment on a specific rep..
Stocks to watch on the Australian stock exchange on Thursday November 8 BHP - BHP BILLITON LTD - up 17 cents at $34.98 BHP Billiton has confirmed that the global mining giant is preparing for th..
US stocks have tanked more than two per cent after President Barack Obama's re-election victory set up a tough battle with Republicans over the looming "fiscal cliff". The Dow Jones Industrial Aver..
A financial institution run by Mark Bouris has launched a mortgage and banking business with the backing of Macquarie Bank. Yellow Brick Road Holdings Limited on Wednesday signed an agreement with ..
Australian stocks finished 0.7 per cent higher as US President Barack Obama's victory sparked a late afternoon rally. The All Ordinaries index jumped 16 points in the last 20 minutes of trade as th..
News Corporation shares have risen after the global media giant reported a big lift in first quarter net profit and maintained earnings guidance for the full year. News Corp said net profit for the..
Commonwealth Bank of Australia (CBA) says it is seeing signs of economic hardship hitting businesses, as it posted a first-quarter profit of $1.8 billion. Australia's largest home lender's unaudite..
Downer EDI shares jumped more than five per cent after the engineering firm said it was on track to meet its profit guidance expectations. Chief executive Grant Fenn told the company's annual gener..
Harvey Norman's profit for the first quarter has dived by 20 per cent as low consumer confidence and price deflation continues to hit the retailer's technology and entertainment sales. The company ..
Troubled manufacturer Hills Holdings has won a multi-million dollar contract to provide satellite communications for the federal Department of Foreign Affairs and Trade. STEP Electronics, part of H..
Stocks to watch on the Australian stock exchange on Wednesday November 7 BWD - BLACKWOOD CORPORATION LTD - up one cent at 18.5 cents Mining magnate Nathan Tinkler will return to court next week ..
US stocks have closed with solid gains as the country goes to the polls to choose between Barack Obama and Mitt Romney for president, with the economy the key issue in the tight election. The Dow J..
The Australian share market has closed higher after the Reserve Bank of Australia left the official interest rate on hold. At the close on Tuesday, the benchmark S&P/ASX200 index was up 10.7 po..
Australian house prices have edged higher in recent months but it's too early to say if the struggling sector is in recovery. Official data released on Tuesday showed a rise of 0.3 per cent in hous..
Construction giant Leighton has signed a new $1.4 billion funding agreement and raised another $US500 million ($A484.75 million) from an issue of notes. The company said on Tuesday it had signed a ..
On the day the Melbourne Cup runs 30 minutes after the reserve bank announces its interest rate decision, overseas travel figures are never going to make anyone sit up and take notice. Even figures..
Mining magnate Nathan Tinkler's Mulsanne Resources and coal explorer Blackwood's court case has been adjourned for a week while discussions over the settlement of a $28.4 million debt continue. Bla..
Printing and publishing business PMP says it can't see any real increase in its earnings this year, due to tough trading conditions. PMP says it expects its 2012/13 earnings before interest and tax..
It wasn't a good day for favourites: the heavily-backed Americain and Dunaden disappointed Melbourne Cup punters and the Reserve Bank of Australia (RBA) dashed hopes for an interest rate cut. The R..
Engineering company Monadelphous Group has been awarded a $100 million contract to construct the coal handling plant for the BHP Billiton Mitsubishi Alliance Caval Ridge Mine Project. The contract ..
