Latest Finance News



Stocks to watch early on Monday

Stocks to watch on the Australian stock exchange on Monday July 9: BBG - BILLABONG INTERNATIONAL LTD - up 13 cents at $1.17 Shares in surfwear retailer Billabong International have rocketed by j..

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Woolies suppliers complain to ACCC

Supermarket giant Woolworths has been accused of using "brutal negotiations" to squeeze price cuts from suppliers to help fund a price war with rival Coles. Some suppliers have been given two weeks..

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Xstrata delays vote on Glencore merger

Xstrata has delayed its shareholder vote on a proposed merger with fellow commodities giant Glencore as investors continue to demand an improved offer for the mining group. The Xstrata AGM for shar..

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Stocks to watch early on Friday

Stocks to watch on the Australian stock exchange on Friday July 6: ACK - AUSTOCK GROUP LTD - in trading halt, last traded at 12.5 cents Austock Group has been placed in a trading halt pending an..

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PMP takeover hits a stumbling block

Printer and publisher PMP has blocked its ticket and label company suitor from conducting due diligence because of concerns about its ability to fund a takeover. Ticketing and labelling group TMA m..

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Stocks to watch early on Thursday

Stocks to watch on the Australian stock exchange on Thursday July 5: EGP - ECHO ENTERTAINMENT GROUP LTD - up three cents at $4.33 CWN - CROWN LTD - down one cent at $8.46 Casino operator Crow..

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Virgin beats Qantas on domestic routes

Virgin Australia carried more domestic passengers than its rival Qantas over the 12 months to the end of May - a first for the industry's traditional number two. Virgin carried 1.42 million domesti..

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Bond prices fall on strong retail data

Australian bond future prices have fallen on the back of stronger than expected retail spending figures. At 1630 AEST on Wednesday, the September 10-year bond futures contract was trading at 96.895..

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