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Poorly rating TV programs and the royal radio prank have hit Southern Cross Austereo's revenue.But the TV and radio broadcaster still managed a slight rise in full year profit, and says it is confiden..
Blood products and vaccine provider CSL has lifted its profit 19 per cent amid stronger sales and improved margins.CSL made a net profit of $US1.22 billion ($A1.35 billion) for the 2012/13 financial y..
Construction giant Leighton boosted its profit in the first half of 2013, but investors remain concerned about the impact of the mining downturn on the company.Leighton made a net profit of $366.2 mil..
The head of Australia's largest and most profitable bank wants a majority government elected in September to help restore business and consumer confidence.Commonwealth Bank made a $7.8 billion profit ..
US stocks have opened little changed as improving economic conditions in Europe were offset by a US inflation report that pointed to tepid growth.Five minutes into trade, the Dow Jones Industrial Aver..
The Australian share market has hit a three month high, with investors buoyed by positive local earnings performances potential stimulus measures in Japan. Every sector of the market was higher, wi..
One of the most disappointing aspects of the Pre-Election Economic and Fiscal Outlook on Tuesday is its bleak outlook for jobs. Bleak, but by no means locked in. The jobless rate is now 5.7 per ..
Engineering firm Bradken has flagged more job losses as part of a new round of cost cutting to deal with a slowing mining sector. The company has already cut 575 positions since January, and says i..
BP is suing the US government over a decision to bar the oil giant from getting new federal contracts to supply fuel and other services after the company pleaded guilty to manslaughter and other crimi..
Many online shoppers will continue to buy from overseas retailers despite the Australian dollar's recent fall. Just over 80 per cent of Australians have bought goods online from overseas, and 48 pe..
The Australian share market has opened fractionally higher, boosted by the big miners. IG Markets market strategist Evan Lucas said the big miners - BHP Billiton, Rio Tinto and Fortescue Metals - w..
New Zealand Energy Corp has gained a six-week extension in its vexed efforts to complete the purchase of gas production assets from Origin Energy. The exchange it will add an extra $Can1 million ($..
Australian-listed pizza company Domino's will spend more than $235 million to take a slice of the Japanese fast food market.Domino's Pizza Enterprises (DPE) has agreed to buy a 75 per cent stake in Do..
A modest gain in US retail sales in July has given Wall Street a boost on opening, continuing a global rebound in markets.The Commerce Department's monthly retail sales report came in lower than expec..
The Australian share market rose by more than one per cent as renewed optimism about China's economy prompted investors to pile into resources stocks. IG Markets institutional dealer Chris Weston s..
Stocks to watch on the Australian stock exchange at close on Monday: DJS - DAVID JONES - up 13 cents, or 5.0 per cent, at $2.74 David Jones has offloaded its worst performing division and larges..
Building products maker James Hardie expects profit to be steady as housing conditions in the United States and Australia improve. Chief executive Louis Gries says sales in the US have increased 10..
The Australian share market is flat, but the mining giants are bucking the trend to open in firmer territory.CommSec market analyst Steven Daglian said rising commodity prices since the end of last we..
Property group GPT has blamed softening market conditions for a 6.7 per cent profit drop.The owner of shopping centres, office blocks and business parks made a net profit of $257 million in the six mo..
B Hi-Fi has defied a difficult trading environment to lift sales and profit, and expects the trend to continue for the next 12 months. The electronics retailer made a net profit of $116.4 million i..
UGL will split its shrinking engineering business from its growing property arm to reflect the property division's greater global focus. UGL wants to complete the demerger into two independent Aust..
US stocks have closed lower despite strong Chinese economic data, finishing a sluggish trading week on a down note. The Dow Jones Industrial Average dropped 72.81 (0.47 per cent) to 15,425.51 on Fr..
Australian shares rallied late, but closed slightly lower on Friday after being dragged down by the banks. Investors were restrained after strong gains on Thursday. IG market strategist Stan Sha..
There was scope to cut the cash rate on Tuesday, but is there still scope to cut again? Readers of the latest Statement on Monetary Policy could not have been blamed for thinking the Reserve Bank o..
The deterioration in the economic outlook underpinning the latest interest rate cut was so minor it is barely detectable in new forecasts from the Reserve Bank of Australia. In its Statement on Mon..
