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GrainCorp has had a positive start to fiscal 2013 with a smooth harvest and strong export demand. Chief executive Alison Watkins told the company's annual general meeting in Sydney on Thursday that..
US stocks have closed lower as market sentiment soured less than two weeks before the United States risks going over the so-called fiscal cliff. The Dow Jones Industrial Average slumped 99.14 point..
Poor advertising markets have led to losses at the Australian arm of Rupert Murdoch's global media empire blowing out by more than 50 per cent. News Limited lost $476.7 million in the 12 months to ..
Australian stocks have finished the day at their highest levels for the year after a flat session influenced by good news out of China and bad news out of the US. At the close on Friday, the benchm..
Shares in Insurance Australia Group have fallen after it finalised the sale of its ailing UK assets for a loss of $240 million. The company, which owns the CGU and NRMA Insurance brands in Australi..
Investors who lost money through the $3 billion collapse of Storm Financial are suing the Bank of Queensland (BoQ) over its role in the group's demise. Lawyers acting for the investors filed a stat..
Property company GPT Group is refusing to back away from its $3 billion takeover bid for two thirds of Australand's businesses, despite the target knocking back the offer. Australand on Friday reje..
Shares in Macmahon Holdings slumped to an eight-year low after the mining contract launched a $80.7 million capital raising and sold its ailing construction business. The stock dropped heavily afte..
APN News & Media had $33 million wiped off its market value after its shares plunged to new lows following a profit warning. In a statement released after the market closed on Thursday, APN sai..
A damaged rail line from Whitehaven Coal's Narrabri mine in north west NSW will re-open five days earlier than expected. Trains have been unable to move coal between the Narrabri underground mine a..
Caltex Australia has pleased the market by forecasting a return to full-year profit in 2012 but a slowdown in its marketing business has raised concerns. The fuel marketer and refiner forecast an o..
Stocks to watch on the Australian stock exchange on Wednesday December 14 BOQ - BANK OF QUEENSLAND - down seven cents or 0.97 per cent to $7.16 Bank of Queensland is optimistic about a recovery ..
US stocks closed lower on Thursday under a cloud of fiscal cliff concerns that overshadowed a batch of somewhat positive economic data on jobs, retail sales and inflation. The Dow Jones Industrial ..
Australian stocks have closed flat after a directionless day's trade, with gains among the big miners offset by weakness in the consumer staples sector. At 1615 AEDT on Thursday, the benchmark S&am..
Shares in Iluka Resources plunged after the mineral sands miner revealed sales of one of its key products almost stopped in the second half of the year. Iluka posted a surprise update to the Austra..
National Australia Bank (NAB) has dodged a first strike over executive pay, but shareholders are unimpressed with moves to rein in bonuses as the bank's UK business languishes. Key directors surviv..
The Reserve Bank's interest rate should be cut in the new year to boost ailing consumer and business confidence, Westpac chief executive Gail Kelly says. But the weak economic conditions are not ha..
US food processing giant Archer Daniels Midland (ADM) has had its second takeover knockback from Australia's GrainCorp in a month. The grains marketer on Thursday said it had rejected ADM's sweeten..
Global giants ExxonMobil and BHP Billiton will spend $1 billion upgrading the Longford gas plant in Victoria in a project that will create about 250 construction jobs. The 43-year-old plant supplie..
Australian sales of new motor vehicles, seasonally adjusted, in November were virtually unchanged on the previous month's figures, official data shows. In the month, 95,748 new vehicles were sold, ..
Stocks to watch on the Australian stock exchange on Thursday December 13 AQA - AQUILA RESOURCES LTD - up 31 cents, or 12.7 per cent, at $2.75 Aquila said arbitration for its West Pilbara Iron or..
US stocks closed mostly flat on Wednesday after the Federal Reserve announced, as expected, an expansion of bond purchases to support the sluggish economy. After a surge on the Fed's announcement o..
The Australian share market closed at its highest level in one and a half years as investors piled into mining stocks following strong gains overseas. At the close on Wednesday, the benchmark S&..
Investors disappointed with Coca-Cola Amatil's (CCA) profit estimates for 2012 have sent the beverage group's shares to a two-week low. CCA said on Wednesday net profit before significant items for..
Australian house prices are set to rise in 2013 as increased affordability and interest rate cuts entice buyers into the market. The latest snapshot of the national property sector shows prices dip..
