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US stock markets have traded modestly in the red in listless trade, with only poor Japanese data making a dent on trade slowed by the summer holiday. "The light trading action recently has been acc..
Australian shares closed slightly higher amid mixed local earnings results. At the close on Monday, the benchmark S&P/ASX200 index was up six points, or 0.14 per cent, at 4,283.3, while the bro..
Engineering firm Downer EDI is cautiously optimistic about achieving further growth after returning to full year profitability. Downer said it expected to deliver a net profit of around $210 millio..
Newcrest Mining's chief has declared that a four-year run of soaring costs in the mining sector is over. Labour, energy and fuel price rises pushed up by the demands of the mining boom have cut awa..
Building products producer James Hardie has posted an improved net profit of $US68.5 million ($A65.02 million) in its first quarter as the US housing market makes a gradual recovery. However, the c..
James Packer's casinos and hotels company Crown will tap investors for about $400 million to help fund its expansion plans. The move follows announcements by Crown to spend $568 million building a ..
Shares in engineering and property services firm UGL have fallen more than 10 per cent after the company booked a 15 per cent fall in reported net profit and said the outlook for the next two years wa..
Shares in DuluxGroup and its takeover target Alesco have been placed in a trading halt as the pair continue talks over the paintmaker's $210 million offer. Alesco and DuluxGroup on Monday both requ..
Shares in electronics retailer JB Hi-Fi are up by almost five per cent after it posted a small drop in profit and like-for-like sales in the year to the end of June. JB Hi-Fi's net profit for the 2..
Westfield has confirmed it is in talks with financial services group AMP about a possible split of the multi-billion dollar shopping centres they own and manage. Media reports at the weekend sugges..
Stocks to watch on the Australian stock exchange on Monday, August 13 ANZ - ANZ BANKING GROUP LTD - up two cents at $23.84 ANZ has left its variable interest rates on hold at 6.8 per cent after ..
The market had a wishy-washy Friday, capping an equally directionless week.Stocks inched down for most of the day. Then, with 45 minutes of trading left, the Dow Jones Industrial Average turned positi..
The Australian sharemarket ended the week on a negative note following the release of disappointing Chinese trade data which signalled further weakness in the global economy. At the close on Friday..
A preview of next week's Australian economic data, August 13 to 17: ***** AUSTRALIAN BUREAU OF STATISTICS (ABS) LENDING FINANCE Due: Monday Period: June Market forecast: No market forec..
James Packer won't realise his dream of building the world's best hotel in Sydney unless a casino is attached to it, says casino operator Crown. And Crown wants to utilise the existing sole casino ..
Pipeline Partners Australia (PPA) has five days to increase its takeover offer for Hastings Diversified Utilities Fund (HDF) after a rival bidder lodged a superior proposal. Hastings, which invests..
The Reserve Bank of Australia is biding its time as it waits to see how a range of risk factors play out in the months ahead. Its outlook for economic growth and inflation, detailed in the Statemen..
BHP Billiton's recent shale gas acquisition Petrohawk Energy has posted a steep first-half loss, a week after the global mining giant wrote down the value of its American assets. BHP on Thursday sa..
Stocks to watch on the Australian stock exchange on Friday, August 10 AVJ - AV JENNINGS LTD - steady at 31 cents Residential developer AV Jennings says its short-term outlook for the property ma..
US stocks have ended flat after a seesaw day of trade, uninspired by modestly promising US jobs and trade data. At the closing bell the blue-chip Dow Jones Industrial Average was down 10.45 points ..
Property management and development company Goodman Group is looking to expand into South America as it posts a full year profit of $408.3 million. Goodman's net profit in the year to June 30 was u..
The Australian share market has closed marginally lower as investors took a breather from this week's run upwards. Investors juggled a mix of influences, including miner Rio Tinto's profit result w..
Online travel agent Webjet posted a net profit increase of nearly 25 per cent to $13.6 million for 2012 as consumer enquiries to the site through mobile devices doubled. Rising fuel costs and a str..
Rupert Murdoch's struggling Australian newspapers have helped drag down News Corporation's performance enough to produce a fourth quarter loss of $US1.6 billion ($A1.52 billion). The result was hit..
Australian financial services company FlexiGroup says its cash profit is likely to grow by up to 16 per cent in the year ahead as it searches for a new chief executive. The diversified group, which..
