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Hearing implant maker Cochlear says its "game-changing" Nucleus 6 device will be the big driver behind its 2014 financial results.The company says rollout of the device, which it describes as the most..
Engineering company Downer EDI aims to keep its profit steady this financial year as it tries to navigate through the slowdown in the mining sector. Downer EDI made a net profit of $204 million in ..
NEW YORK CITY Aug 5 AFP - The dollar has edged higher against the euro after a better-than-expected report on the US services sector. Near 2200 GMT on Monday (0800 Tuesday AEST) the euro bought $1...
US stocks opened lower on Tuesday in the face of fresh data showing an improving US trade balance - seen as more evidence that the Federal Reserve's stimulus could be pulled back in the coming months...
Cautious consumers have left retail spending flat in June. Australian retail spending was $21.819 billion in June, almost unchanged from $21.814 billion in May, the Australian Bureau of Statistics ..
The Australian share market has posted a slight fall, ending two weeks of gains by the market's largest companies. The weaker day was linked to data out of the United States on Friday that showed l..
The Australian share market is trading slightly lower as investors take stock after recent gains and wait on Tuesday's cash rate decision. The local market was fairly directionless ahead of the Res..
Despite the strong rise on the share market over the past year, expectations for the forthcoming company reporting season are decidedly flat. After a 2012/13 financial year that featured a slowdown..
Argo Investments expects Australian companies to post only modest growth in the year ahead as the nation's economy slows.As it reported a 4.6 per cent rise in full year net profit to $175 million, the..
Airline Virgin Australia expects to book an annual loss of $95 million to $110 million, blaming the difficult economy, competition, restructuring costs and the carbon tax.Virgin Australia also took lo..
Internet provider iiNet will pay $60 million to purchase South Australian-based Adam Internet. The purchase will add about 70,000 new broadband subscribers to iiNet's books. Adelaide-based Adam ..
Activity in the services sector has reached its lowest level since the global financial crisis, weighed down by sharp falls in sales and new orders. The Australian Industry Group Australian Perform..
US stocks have rebounded from losses in late trade, setting record highs despite a weaker-than-expected US July jobs report. The Dow Jones Industrial Average gained 30.34 (0.19 per cent) to finish ..
The Australian share market has hit its highest point in more than two months as good signs from the United States overshadowed weaker local economic forecasts from the federal government. The S&am..
Toyota says its net profit soared 93.6 per cent in the three months to June and added that it was on track to produce more than 10 million vehicles worldwide this year.The world's biggest car maker ea..
Oroton shares have taken a hit after the luxury accessory brand predicted softer second half earnings for the 2012/13 financial year. In a trading update on Friday, the handbag retailer said its pe..
Demand for skilled labour in the housing industry is running well below normal, but a recovery could quickly expose underlying skills shortages. The Housing Industry Association's trades report, ba..
Sleep disorder equipment supplier ResMed is looking to grow its presence in Asia. US-based ResMed said its Asia-Pacific operations had an excellent performance in the fourth quarter of the 2012/13 ..
Paladin Energy has scrapped the sale of a stake in its flagship African uranium mine after it failed to attract a high enough bid.The Australian listed company instead will use a shareholder diluting ..
Casino operator Crown is shaking up its senior management team in a move that sees its Perth resort boss promoted at the expense of his Melbourne counterpart. The James Packer-controlled company ha..
The Australian share market has opened nearly one per cent higher. At 1010 AEST on Friday, the benchmark S&P/ASX200 index was up 50.2 points, or 0.99 per cent, at 5,111.7, while the broader All..
Motorola has introduced the keenly-anticipated Moto X, a Google-centric smartphone that buyers get to design themselves.Moto X is the first Motorola smartphone created in collaboration with Google sin..
The share market has edged higher despite the negative impact of speculation banks could be hit with a deposit levy. Reports the federal government wanted banks to pay a deposit insurance levy resu..
Andrew "Twiggy" Forrest has condemned the naysayers who have declared China's and Australia's economic boom is all but over. The mining billionaire said China was growing at a faster rate than it e..
The Australian share market has closed slightly higher despite talk of a new levy on deposits causing the big four banks to fall. At the close on Thursday, the benchmark S&P/ASX200 index was up..
