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Brickworks has shut the door on those keen to end the company's decades old cross-shareholding with Washington H Soul Pattinson, vowing not to waste any more time on proposals with little substance.Br..
US stocks have recorded solid gains as the Federal Reserve held steady on its policy of economic stimulus. The Dow Jones Industrial Average gained 55.91 points (0.39 per cent) to 14,511.73 at Wedne..
Stocks to watch on the Australian stock exchange at close on Wednesday: DJS - DAVID JONES LTD - up 12 cents at $3.08 Shoppers will soon be able to buy David Jones brand underwear and plates as t..
Australian stocks have tumbled for a third straight day, led by hefty falls from the major miners in response to a bleak outlook for iron ore prices. The big two - BHP and Rio - backpedalled more t..
The number of Australian companies going broke is expected to stay high over 2013, says accountancy firm Taylor Woodings. Taylor Woodings, a specialist in corporate recovery and restructuring, rele..
Consumers are getting more confident, with spending in February rising for the second month in a row. CommSec chief economist Craig James says it's another sign of a positive economic start to the ..
The Australian share market is trading lower, led down by the big miners on concerns over iron ore prices. IG Markets market strategist Evan Lucas said the local bourse was being dragged back by ir..
Sydney Airport has reported a 2.2 per cent rise in passenger numbers in February. The airport had 2.85 million passengers in the month, Sydney Airport said on Wednesday, up from 2.79 million in the..
Australia's economy has improved since the commodity price falls last year and is expected to improve further. The Westpac-Melbourne Institute Leading Index shows economic growth has bounced back, ..
US stocks closed mixed on Tuesday, holding on as the Cyprus financial crisis threatened to ignite more turmoil across the European financial system. Stocks actually rebounded from early losses afte..
Australian stocks have closed lower for a second straight day after giving up early gains during afternoon trading. The local market began the day on a bright note and was up about 0.75 per cent at..
The Australian share market was higher at noon as traders decided they had over-reacted to Europe's debt problems on Monday and recovered some of their losses. Offshore markets in Europe and US pos..
Internet provider TPG has upgraded earnings guidance after adding 36,000 new broadband customers in the first half on the way to a hefty lift in first half net profit. TPG reported net profit of $7..
The wait-and-see stance of monetary policy has been confirmed, again, by the minutes of the Reserve Bank of Australia's March 5 board meeting. And a speech by a senior RBA official suggests busines..
Clean Seas Tuna has gone into a trading halt pending a capital raising announcement by the troubled aquaculture company. The halt is expected to remain until the beginning of share trading on Thurs..
Regulators in the United States have asked drug developer Pharmaxis to conduct another trial for its drug to treat cystic fibrosis, Bronchitol.The US Food and Drug Administration (FDA) has told Pharma..
The Australian share market has opened two-thirds of a per cent higher. At 1011 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 34.5 points, or 0.69 per cent, at 5,049.9, while the broad..
US stocks have fallen for a second straight day as the Cyprus banking crisis sent jitters through markets. The huge tax on bank depositors included in the weekend EU-IMF bailout plan for Cyprus sen..
The Australian share market lost two per cent as spooked investors sold off local stocks amid bailout plans for Cyprus. Some Cyprus locals started lining up at ATMS over the weekend to withdraw mon..
Australia is the third most popular investment destination for Chinese companies and funds are being directed not just to mining and resources. Chinese companies with operations in Australia are in..
Medical gloves and condoms maker Ansell is looking for a new chief financial officer after Rustom Jilla stood down to take another job. Ansell said Mr Jilla was leaving to take up another opportuni..
The national broadband network (NBN) will hurt regional broadcasters, and TV stations should get free access to the network, Seven West Media chairman Kerry Stokes says.Seven's regional Queensland net..
Optus' parent company is considering selling the Australian telco's satellite business. Optus Satellite has five satellites providing services for broadcasters including the ABC, SBS, Foxtel, South..
Southern Cross boss Rhys Holleran insists the TV and radio broadcaster has not yet made up its mind on a possible takeover bid from Nine. The regional broadcaster earlier this month said it was loo..
TV networks Seven and Ten have joined forces to blast any plans by rival Nine to merge with regional broadcaster Southern Cross. Seven owner Kerry Stokes and Ten's new boss Hamish McLennan fronted ..
