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Leighton Holdings has posted a net profit of $317 million for the nine months ended 30 September and has reconfirmed its underlying net profit guidance for its full calendar year. The result compar..
Stocks to watch on the Australian stock exchange on Wednesday, October 31 BHP - BHP BILLITON LTD - up 14 cents at $33.97 BHP Billiton expects its Queensland coking coal production capacity to gr..
Homeowners are using rate cuts to pay off their mortgage faster rather than reduce their home loan burden, Commonwealth Bank (CBA) chief executive Ian Narev said on Tuesday. As attention focuses on..
The Australian market finished slightly higher as the closure of Wall Street due to superstorm Sandy led to subdued local trading. At close on Tuesday, the benchmark S&P/ASX200 index was 8.8 po..
Nib is on track to lift its underwriting profits this financial year and remains confident changes to the private health insurance rebate will not have a major impact on the industry. Chief executi..
A joint review by Australia's central bank and other financial regulators has recommended tighter rules for trading of over-the-counter (OTC) derivatives. OTC derivatives, contracts traded between ..
Casino operator Crown wants to make Perth a major gateway for mass-market Chinese gamblers following the success of casino hotspot Singapore. Crown chairman James Packer said Perth's proximity to A..
BHP Billiton expects its Queensland coking coal production capacity to grow by 50 per cent by the end of 2014. The global miner said production capacity in Queensland would reach 66 million tonnes ..
Travel agent Flight Centre says that despite the soft global economy, it plans to expand its number of outlets worldwide and hire more staff. Flight Centre also said on Tuesday that trading in the ..
Virgin Australia has made a $98.7 million takeover offer for regional carrier Skywest. The news came among a slew of announcements by Virgin on Tuesday, including that it had bought a 60 per cent s..
Stocks to watch on the Australian stock exchange on Tuesday, October 30 AAD - ARDENT LEISURE GROUP - up 1.5 cents at $1.375 Ardent Leisure holds its annual general meeting on Tuesday. It said..
US stock markets are closed as Hurricane Sandy nears landfall on the heavily populated east coast and parts of New York City's financial district were evacuated. The markets are likely to remain cl..
The Australian share market closed a touch higher as investors sold off shares ahead of some major annual general meetings this week. At the close on Monday, the benchmark S&P/ASX200 index was ..
Theme park owner Ardent Leisure says visitor numbers have risen at its Gold Coast venues because of better weather, helping it to post higher earnings. Ardent Leisure's theme parks - Dreamworld, Wh..
Vodafone will axe 500 jobs as the telco attempts to revive its ailing Australian business. During the last few years in Australia, Vodafone has haemorrhaged customers as the telco experienced ongoi..
Agribusiness and automotive interiors supplier Elders wants to sell its biggest business unit, its rural services business, before someone tries to take it over. Elders said on Monday that it would..
PanAust says it's on track to meet full year production guidance of 64,000 tonnes of copper and 135,000 ounces of gold due to expanded processing. The copper and gold producer, which has operations..
There are no signs of a rise in bad debts for regional lender, Bendigo and Adelaide Bank, despite a challenging environment, its boss Mike Hirst says. In a sombre presentation to shareholders at th..
Ramelius Resources expects to reach full production at its flagship Mt Magnet operation by the end of the year after boosting gold production by 15 per cent in the quarter. The WA gold miner produc..
Christmas spending is expected to slow down as weak consumer confidence continues into the festive season, a retail index says. The Australian Food and Grocery Council (AFGC) and pallet and packagi..
The Australian dollar is more than half a US cent higher on US growth data and commentary from the eurozone. At 0700 AEDT on Monday, the local unit was trading at 103.64 US cents, up from 103.12 ce..
Stocks to watch on the Australian stock exchange on Monday, October 29 ACN - ACER ENERGY LTD - up 0.5 cents at 29 cents DLS - DRILLSEARCH ENERGY LTD - down three cents at $1.485 Acer Energy s..
US stocks have finished flat under the shadow of earnings disappointments but tempered by a slightly better-than-expected estimate of economic growth in the third quarter. The Dow Jones Industrial ..
The Australian share market has closed lower on fears that US markets will react badly to the latest earnings figures from iPad and iPhone maker Apple. At 1615 AEDT on Friday, the benchmark S&P..
Transport and logistics firm Toll Holdings is looking to take on Australia Post in a bid to grab a greater share of the fast-growing parcel delivery business. Toll managing director Brian Kruger sa..
