Latest Finance News



Aussie shares close higher

The Australian share market has closed slightly higher, with falls by market heavyweight BHP Billiton offset by gains by the banks and big retailers. At the close on Wednesday, the benchmark S&..

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Stocks to watch at noon on Wednesday

Stocks to watch on the Australian stock exchange at noon on Wednesday: AGK - AGL ENERGY - in a trading halt, last traded at $14.68 AGL Energy has lifted its full year profit 52 per cent and anno..

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Webjet nearly triples full year profit

Online travel agent Webjet is planning more expansion as it pursues its goal of being a major force in business travel. The company has forked out more than $7 million on travel and accommodation p..

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Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday: BHP - BHP BILLITON - up 53 cents, or 1.35 per cent, at $39.68 The world's largest mining company BHP Billiton has lifted it..

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Aust share market closes higher

The Australian share market has closed higher as better than expected corporate earnings reports and expectations of a good result from global miner BHP Billiton boosted sentiment.OptionsXpress market..

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Strong earnings drive market higher

The share market is higher as investors welcome more strong corporate earnings reports. The gains take the market close to the six-year highs it reached at the end of July, and CMC Markets analyst ..

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‘Uncertainty’ keeps rates low: RBA

Low interest rates are likely to continue for a while yet as the Reserve Bank waits to see how Australia's current economic challenges play out. In the minutes of its August 5 board meeting, the RB..

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Stocks to watch on Tuesday

Stocks of interest on the Australian Securities Exchange on Tuesday NAB - NATIONAL AUSTRALIA BANK - down 47 cents, or 1.4 per cent, at $34.22 National Australia Bank is facing another STG245 mil..

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QBE shake up after profit slide

With its hopes of a return to billion dollar profits this year seemingly foiled, insurer QBE is raising funds and selling off businesses in an effort to keep shareholders and ratings agencies on side...

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Aust share market closes higher

The Australian share market has closed modestly higher as investors look ahead to earnings results from global miner BHP Billiton and a dividend from the Commonwealth Bank on Tuesday. IG market str..

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Disappointing earnings weigh on market

The share market is flat as disappointing earnings from National Australia Bank and gold miner Newcrest offset gains in the retail and energy sectors. "Corporate results have dominated the early mo..

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Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday ANZ - AUSTRALIA & NEW ZEALAND BANKING GROUP - down 35 cents, or 1.07 per cent, at $32.39 ANZ made a cash profit of $5.2 bil..

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GE in talks to sell appliance division

General Electric has confirmed it is considering the sale of its historic appliance division, part of its effort to focus on selling more complex and profitable industrial equipment. The confirmati..

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Coca-Cola buys $US2b stake in Monster

Coca-Cola has announced it will pay $US2.15 billion ($A2.33 billion) for a 16.7 per cent stake in Monster Beverage, cementing a distribution-based link between the two that had added significantly to ..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, Aug 15: AQZ - ALLIANCE AVIATION - up seven cents, or 5.5 per cent, at $1.35 Regional airline Alliance Airlines is confident of returni..

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ANZ on track for record $7b profit

ANZ has made a $5.2 billion profit in just nine months, but investors are disappointed with the bank's revenue growth. ANZ's cash profit grew by eight per cent in the nine months to June 30, puttin..

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US stocks march higher

US stocks have advanced, extending the prior day's gains after jobless claims increased but overall the data continued to suggest an improving labour market. The Dow Jones Industrial Average added ..

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Aussie stocks higher at close

The Australian share market has closed higher thanks to strong profit performances by local companies, including market heavyweight Telstra. The gains came after Tokyo stocks closed 0.66 per cent h..

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Aussie stocks higher at noon

The Australian market is higher across most sectors as investors react to a flurry of positive company results. The gains come after a strong finish on Wall Street where the Dow Jones overcame disa..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Aug 14: BOQ - BANK OF QUEENSLAND - down 23 cents, or 1.9 per cent, at $11.98 The unexpected resignation of Bank of Queensland chief ..

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Wednesday’s key earnings reports

CBA'S RECORD PROFIT FAILS TO IMPRESS INVESTORS * Commonwealth Bank full year profit up 12 pct to $8.7b, shares down 0.9 pct to $80.96 * CSL full year profit up eight pct to $US1.31b, shares up 2..

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Banks and miners send shares lower

The stock market has closed lower after a mixed day of earnings reports, highlighted by a negative reaction to Commonwealth Bank's record profit. Earnings reports from many companies, including bio..

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