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Australian shares defied falls on other Asian markets to end the week with a gain. A positive mood among investors came after better than expected quarterly earnings from US companies overnight inc..
Two massive Queensland liquefied natural gas (LNG) projects will share pipeline infrastructure and swap gas in a deal expected to save hundreds of millions of dollars. The proponents of the multi-b..
Bank of Queensland chief executive Stuart Grimshaw's pay grew by 60 per cent to $2.9 million as the bank returned to profitability. Mr Grimshaw's base salary, bonuses and post-employment benefits r..
Sleep disorder equipment supplier ResMed's quarterly income is up 14 per cent with encouraging sales of new products.ResMed, which makes products for the diagnosis and treatment of respiratory disorde..
Australian shares are firmer as better than expected earnings from US companies boosts investor sentiment. Ford, 3M and Microsoft were among the companies to post strong quarterly earnings reports ..
Superannuation and insurance firm AMP expects earnings to take a hit of up to $65 million in the final quarter of 2013 due to the poor performance of its wealth protection business.The number of polic..
Whitehaven Coal says it is seeing a recovery in long-depressed prices, after achieving record quarterly output.The NSW coal miner has also started talks with its lenders, led by ANZ, about restructuri..
Construction and maintenance group Transfield Services remains confident of hitting its profit target as it continues to cut costs and reduce debt.Transfield's earnings in the first quarter of the 201..
US stocks have risen amid a mixed bag of earnings reports, as investors punished underperforming companies while bidding the overall market higher.The Dow Jones Industrial Average on Thursday rose 95...
Australian shares have finished higher, driven by strong gains among the big banks. The nation's biggest bank, Commonwealth, surged to a record high as the bank reporting season approaches. IG m..
Clothing group Pacific Brands expects challenging trading conditions to continue, with first half profit likely to be lower than the previous year. Chief executive John Pollaers said trading at the..
Reserve Bank of Australia governor Glenn Stevens didn't get a pay rise in the last financial year - he was stuck on the same million-dollar salary. Mr Stevens' remuneration totalled $1.025 million ..
Low interest rates around the world are hurting the Reserve Bank of Australia's bottom line and are stopping it from restoring its reserve fund quickly.The Reserve Bank Reserve Fund (RBRF) stood at $2..
Newcrest Mining boss Greg Robinson has admitted the company got a lot wrong following its much-maligned $9.5 billion 2010 acquisition of Lihir Gold.The Papua New Guinea-based gold project and its oper..
Drug distributor and health and beauty products retailer Australian Pharmaceutical Industries (API) says consumer confidence is improving, but the company is facing intense competition. API supplie..
Australian shares are firmer as stronger demand for banking stocks offsets losses across the resources sector. Investors are continuing to expect the big banks to report strong profit results in co..
Retail giant Coles sold almost $7 billion worth of goods in the September quarter and its parent company says all signs are pointing to a strong Christmas sales period.According to figures released by..
US stocks have ended lower, a decline that analysts attribute to a mix of profit-taking and a couple of prominent earnings disappointments. The Dow Jones Industrial Average on Wednesday dropped 54...
Australian shares have fallen for the first time in seven trading sessions following a jump in China's money market rate. Concerns about a lack of funds in China's banks overcame a buoyant mood in ..
Australia's Future Fund has grown to $91.7 billion as its management signals an ongoing shift from debt towards equity investments while the world recovers from the global financial crisis. However..
Telstra is reshuffling its senior management as part of an effort to boost revenue and focus on new growth areas. Chief executive David Thodey said the restructure was designed to ensure the compan..
The owner of Rebel Sports and Supercheap Auto plans to open 25 new stores in the year ahead, and says sales are improving.Super Retail also owns the Ray's Outdoors, Boating Camping Fishing (BCF) and A..
Almost 40 workers at the Berrima coal mine in the NSW southern highlands will lose their jobs when production at the mine is halted this week. Building products maker Boral owns the mine, which has..
Australian shares are marginally firmer after disappointing US jobs numbers convinced investors the US Federal Reserve will maintain its stimulus measures until next year. Some dividend paying stoc..
Electricity and gas provider Origin Energy says it's confident the coalition government's direct action policies will cut carbon emissions.Prime Minister Tony Abbott's plans to repeal the carbon tax a..
