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US stocks have closed sharply lower after Secretary of State John Kerry warned that the US will demand "accountability" after an "obscene" chemical weapons attack on Syrian civilians. The Dow Jones..
Australian shares finished higher as investors bought banking stocks in the absence of local drivers. RBS Morgans client adviser Alistair McCorquodale said the local market was in a holding pattern..
The owner of the Primus and Dodo telco businesses has increased its full year profit by 33 per cent and expects further growth in the year ahead. M2 Telecommunications made a net profit of $43.8 mi..
Specialty Fashion Group has returned to profit but has given a cautious outlook because consumer confidence remains weak. The company, whose brands include Millers, Katies, Crossroads, Autograph an..
Electricity network investor Spark Infrastructure's half year profit has fallen but it expects to pay its shareholders higher distributions in the coming two years. The company, which owns interest..
The Australian share market has opened higher after Wall Street made solid gains on Friday. "It's really been a bit of a positive lift from the fact that the US dollar retreated on Friday," IG mark..
The world's largest drilling company Boart Longyear is bracing for another tough year as mining companies continue to slash their exploration budgets.The company made a loss of $US329 million ($A366.1..
Health insurer nib's yearly profit has taken a hit as Australians claim more for hospital stays, day surgery and dental work.But the company says a likely change in government could provide a boost to..
Caltex remains committed to reducing its oil refinery operations despite better margins and a falling dollar throwing the move's economics into question.Australia's largest transport fuel supplier sai..
US stocks have scored solid gains with the market getting a jolt from Microsoft's announcement that chief executive Steve Ballmer will retire within the next 12 months. The computing giant's shares..
Australian shares have outperformed Wall Street as the first positive Chinese manufacturing data in four months boosted the big banks and miners. RBS Morgans senior private client adviser Bill Chat..
Demand for high quality wine has helped keep Australian Vintage's full year profit steady despite a slump in sales of casks and bulk wine. The owner of brands ranging from McGuigan to Passion Pop m..
Casinos operator Crown expects its interests in the Asian gambling hub of Macau to grow into a major contributor to profit alongside its Australian venues.Crown chief executive Rowen Craigie says the ..
Developer Lend Lease has boosted its annual profit by 10 per cent despite a weak construction market, and says it is sitting on the largest pipeline of new work it has ever had.A revenue boost from th..
Property developer Mirvac's residential portfolio is showing signs of recovery after a writedown on the value of some projects caused a 66 per cent fall in full year profit.The company reduced the val..
US stocks have managed solid gains despite a three-hour shutdown of the Nasdaq market that disrupted trade on other exchanges as well. Nasdaq blamed technical problems in its computers for the shut..
Australian shares fell as local investors followed offshore leads and sold riskier stocks, including those in resources companies. The bourse is down 1.6 per cent in the last week, with market watc..
An "exceptional" run of jackpots last financial year significantly boosted the earnings of Tatts Group's lotteries business. Tatts, which also operates a wagering business and gaming machine monito..
More people are going to the movies, boosting Village Roadshow's profit by more than 50 per cent. The film distributor and amusement park operator made a net profit of $50.9 million in the year to ..
The slowdown in the mining sector and the uncertain business environment make it difficult to predict earnings for the year ahead, says transport and logistics firm Toll Holdings."It is too early to b..
Fortescue Metals Group has turned the corner, notching up a 12 per cent increase in annual profit as it prepares to make its first major debt repayment.The heavily indebted iron ore miner has grown an..
Atlas Iron boss Ken Brinsden has dismissed takeover fears as the stock fell more than 10 per cent due to scepticism over the company's expansion plans.Atlas has written down $458.1 million in asset va..
Growth in its Americas market has helped pallet and container provider Brambles lift its full year net profit by 11 per cent to $US640.6 million ($A717.08 million).Its underlying profit of $US1.06 bil..
Energy bills are set to continue to rise as the nation's largest electricity retailer's boss says the industry can no longer afford the widespread discounting of recent years.Origin Energy chief execu..
New Seven West Media boss Tim Worner says the television and publishing group is working to overcome weak advertising markets after posting a $70 million full year loss.The company fell into the red i..
