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Confidence is down in the property and construction sector, even in the prosperous mining states, according to a private study. The Property Council of Australia-ANZ Property Industry Confidence Su..
US stocks have closed mixed as investors digested strong earnings reports from Dow members Boeing and Caterpillar and disappointing results from Apple. Weaker-than-expected numbers on new-home sale..
Independent directors of Hastings Diversified Utilities Fund's (HDF) responsible entity will meet to discuss a fresh takeover offer from APA Group as investors ponder whether there will be a new bid f..
The Australian sharemarket has closed slightly lower as fears that Spain may be headed for a financial bailout overshadowed lower-than-expected inflation figures in Australia. At 1615 AEST on Wedne..
The patience of Oz Minerals shareholders continues to be tested, with the company revealing a sharp quarterly jump in production costs and development of its new copper-gold project. The miner will..
Investment company AMCIL Ltd expects the Australian sharemarket to remain difficult in the short term as local investors wait for events to play out in Europe. AMCIL reported a 4.0 per cent portfol..
Atlas Iron plans to double production by the end of 2013 as it presses ahead with a rail feasibility study. The iron ore miner recently entered into an agreement with rail operator QR National to l..
Stockland Group is on the hunt for a new boss after Matthew Quinn announced he was stepping down after 11 years at the global property developer's helm. Just three months after telling Stockland's ..
The Australian sharemarket has continued to lose ground following the release of weaker-than-expected inflation figures. At 1200 AEST on Wednesday, the benchmark S&P/ASX200 index was down 24.7 ..
An inflation reading just below market expectations could prompt a cash rate cut from the central bank, but probably not at its next meeting, economists say. The consumer price index (CPI) rose 0.5..
Stocks to watch on the Australian stock exchange on Wednesday, July 25 ALS - ALESCO CORPORATION LTD - down two cents at $2.01 DLX - DULUXGROUP LTD - down three cents at $2.97 Building product..
The Australian sharemarket closed slightly higher, in a major turnaround from the day before, as cautious investors were encouraged by better Chinese manufacturing data. At the close on Tuesday, th..
Troubled surfwear retailer Billabong could join the list of Aussie companies falling into foreign hands after it received a second takeover bid from US private equity firm TPG. Billabong received t..
The Reserve Bank of Australia (RBA) has indicated that any more cuts to the cash rate may not be forthcoming for the time being. RBA governor Glenn Stevens said that monetary policy settings were c..
Australia is in a good position to avoid the global financial crisis and should continue to use its "lucky" position to shield against further economic shocks, the central bank governor says. Austr..
Building products supplier Alesco Corporation predicts the tough times in the housing market will continue for the near term as it fends off a takeover offer from DuluxGroup. Alesco on Tuesday repo..
The Australian sharemarket was down at noon as cautious investors awaited Chinese data and a speech by the Reserve Bank of Australia chief. At 1200 AEST on Tuesday, the benchmark S&P/ASX200 ind..
Health insurer nib has tied up with US insurance giant UnitedHealthcare International, its first overseas strategic alliance with a global counterpart. As part of the deal, nib will provide UnitedH..
Stocks to watch on the Australian stock exchange early on Tuesday, July 24, 2012: ALS - ALESCO CORPORATION LTD - down one cent, or 0.49 per cent, at $2.03 DLX - DULUXGROUP LTD - down five cents,..
US stocks have skidded amid a global sell-off on renewed eurozone sovereign debt concerns that Spain was headed for a bailout and Greece could exit the eurozone. Spain's borrowing costs on Monday s..
A sweetened $210 million takeover offer from DuluxGroup has failed to entice Alesco Corporation's board into saying yes to the predator's proposal. Dulux stepped up its push to gain control of the ..
Petsec Energy is the latest producer to be belted by plunging gas prices, with the company forecasting a first half loss of up to $US6 million ($A5.81 million). The average gas equivalent sales pri..
The Australian sharemarket closed 1.7 per cent lower amid renewed fears about the European debt crisis and the end of Australia's mining boom. At 1615 AEST on Monday, the benchmark S&P/ASX200 i..
Woolworths has lifted annual sales by 4.7 per cent to $56.7 billion, despite the supermarket giant's price war with Coles exacerbating tough retail conditions. Woolworth's key Australian food and l..
A rise in Australia's June quarter producer price index could mean Wednesday's inflation data will be stronger, but it should not prevent more interest rate cuts by the central bank, economists say. ..
