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Bricks and masonry supplier Brickworks has booked a 70 per cent fall in annual net profit as residential building starts dropped to near 30-year lows. But the company is hopeful of a patchy recover..
The competition watchdog has given the go-ahead for broadcaster Ten Network Holdings to sell its EyeCorp outdoor advertising business. Ten announced in July that it had struck a deal with Outdoor M..
Billabong shares have taken another hit after one of the two private equity companies vying to take it over pulled its bid off the table. In early September the surfwear retailer revealed that it h..
Australian stocks were lower at noon, with resources-related sectors leading the broader market lower. At 1210 AEST on Thursday, the benchmark S&P/ASX200 index was down 13.9 points, or 0.31 per..
Luxury accessories retailer OrotonGroup is preparing to embark on a year of transition after posting a flat profit for 2011/12 and breaking ties with American fashion house Ralph Lauren. Oroton dis..
Stocks to watch on the Australian stock exchange on Thursday, September 20 BKW - BRICKWORKS LTD - last traded at $10.04 The construction materials company releases its full year results on Thurs..
A roundup of trading on major world markets: NEW YORK - US stocks scored small gains as investors weighed encouraging housing data and falling crude oil prices that stoked hopes for more growth in ..
Australian shares finished at their highest levels since the start of May, driven up by news of a major Japanese economic stimulus program. At the close of trade on Wednesday, the benchmark S&P..
Troubled retailer David Jones insists it has no plans to sell its flagship department stores, despite having its four premium properties in central Sydney and Melbourne valued by experts. David Jon..
In a further sign of the waning resources boom, construction and mining company Macmahon Holdings has issued a stark profit warning and announced the resignation of chief executive Nick Bowen. Macm..
Energy giant ConocoPhillips says it could run a new gas pipeline all the way to its processing facility at Darwin from the Browse Basin offshore from Western Australia. ConocoPhillips, the third la..
Wesfarmers says it intends to appoint SEEK internet job website co-founder Paul Bassat to its board, subject to shareholder approval at its November annual general meeting. Shareholders will be ask..
Australian economic conditions are solid but below average and are likely to stay that way for the coming months. The Westpac-Melbourne Institute Leading Index, which indicates the likely pace of e..
Australia's economy has adjusted well to the impact of the mining boom - which is likely to continue to for some time, the Reserve Bank of Australia says. In a paper presented on Wednesday to the S..
Stocks to watch on the Australian stock exchange on Wednesday, September 19 ALS - ALESCO CORPORATION LTD - up 0.5 cents at $1.905 DLX - DULUXGROUP LTD - down six cents at $3.27 Alesco chairma..
A roundup of trading on major world markets: NEW YORK - Glum economic news from FedEx left stocks mixed. The Dow Jones Industrial Average rose 11.54 points to 13,564.64, while the S&P 500 in..
Crude oil prices fell on Tuesday as investors fretted about tepid economic growth in the United States and mounting tensions between China and Japan. New York's main contract, West Texas Intermedia..
Australian shares finished slightly weaker, with investors consolidating recent gains generated by moves to boost growth in the US and Europe. At the close of trade on Tuesday, the benchmark S&..
Property giant Mirvac will attempt to have mining magnate Nathan Tinkler's assets seized during a two-day court hearing next month. Mirvac and Mr Tinkler are embroiled in a legal stoush over a mult..
Alesco chairman Mark Luby has signalled the door is still open for further talks with paint maker DuluxGroup over its long-running $210 million takeover bid. In response to a shareholder question a..
Internet service provider TPG has lifted its full year profit by 16 per cent, as it continues to grow its broadband and mobile customer numbers. TPG on Tuesday said its net profit for the year to J..
Two Leighton subsidiaries have won new contracts worth a total of $437 million. Leighton's 45 per cent-owned Middle East associated Habtoor Leighton Group won a $US316 million ($A302.96 million) co..
The chief executive of online travel group Wotif.com has resigned to take a job in another industry. After five years as company head, Robbie Cooke is expected to leave the company at the end of 20..
Regulatory reforms will act as a stabiliser in less certain economic times, the Reserve Bank of Australia says. Speaking to the Financial Services Institute of Australia on Tuesday, RBA assistant g..
Fortescue Metals has secured a new $US4.5 billion ($A4.31 billion) credit facility which it will use to refinance its looming bank debts. The troubled iron ore miner had been in negotiations with i..
