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A roundup of trading on major world markets: NEW YORK - Wall Street has ended the day solidly higher, following European bourses after a moderately successful Spanish bond auction and on speculatio..
Paint firm DuluxGroup has extended the timeframe for its $188 million takeover offer for renovation group Alesco. Alesco's board last week rejected DuluxGroup's offer, deeming it too low. DuluxG..
The Australian share market has closed lower as investors move their attention from Greece to Spain and upcoming meetings of the US central bank and leaders of the European Union. It is hoped that ..
Mining billionaire Gina Rinehart's move on Fairfax is being resisted by the company's journalists but an investment analyst thinks she should be given a chance to prove herself as a media proprietor. ..
Retailer Harvey Norman is aiming to become a market leader in the domestic solar industry after ordering a large shipment of solar panels. United States-based Westinghouse said on Tuesday it had re..
Instability in Europe was the main factor that pushed the central bank to cut interest rates earlier this month - but it was a close call and there is no indication another cut may follow in July. ..
James Packer may have found an ally in his effort to exert control over rival gaming group Echo Entertainment, with Asian gaming giant Genting Group increasing its stake in the owner of Sydney's only ..
Engineering firm Downer EDI has won a $71.7 million contract to install power lines and substations at BHP Billiton's Jimblebar iron ore mine in Western Australia's Pilbara region. Downer on Tuesda..
Stocks to watch on the Australian stock exchange on Tuesday, June 19 BHP - BHP BILLITON LTD - up 80 cents at $32.64 South Australia isn't in the grip of a mining boom and shouldn't bank on havin..
Wall Street stocks have ended mixed as traders rapidly digested the victory of pro-euro parties in Greece's election and focus on the next hurdle in Europe's marathon economic crisis. An earlier ra..
Casino operator Echo Entertainment has raised $266 million in the first stage of a new share sale launched to reduce its debt and support its VIP gambler business. The company says it expects to ra..
The Australian sharemarket has gained almost two per cent as relieved investors bought mining stocks after the election result in Greece. The local market was one of the first to open after Greece'..
Another Australian brewing company is to be bought out by foreign interests, with Lion to acquire the maker of Little Creatures. The Japanese-controlled Lion, formerly Lion Nathan, owns 36 per cent..
Developer Lend Lease has reached an agreement for the sale of its interest in a major project in London for STG100 million ($A156.45 million). Lend Lease will sell its stake in the Greenwich Penins..
Sales of new motor vehicles in Australia rose 2.4 per cent in May, official data shows. In May, 91,994 new vehicles were sold, seasonally adjusted, compared to an upwardly revised 89,812 in April, ..
Shares in rare earths miner Lynas have soared after an appeal against the operating licence for its controversial new plant in Malaysia was dismissed. The Lynas Advanced Materials Plant (LAMP) in G..
The Australian dollar has hit a one-month high after Greek elections gave the market some hope the debt-stricken nation will stay in the euro zone. At 1200 AEST on Monday, the Australian dollar was..
The outcome of the elections in Greece shows that Greeks are in favour of the deep economic and fiscal reforms required to pull the country out of crisis, German Finance Minister Wolfgang Schaeuble sa..
Stocks to watch on the Australian stock exchange early today: APN - APN NEWS & MEDIA LTD - down 0.5 cents at 74 cents Independent News & Media (INM), the Irish parent of Australasia's AP..
Fairfax will slash nearly 2,000 jobs, shut two printing presses and start charging to view its key websites in the biggest shake-up in the newspaper publisher's 170-year history. Australia's second..
Casinos operator Echo Entertainment Group will seek to raise $454 million via the issue of new shares as it deals with an expected fall in earnings of up to 39 per cent. Echo expects to report earn..
The Australian share market has closed slightly higher, but trading volumes were low as investors remained cautious ahead of the weekend elections in Greece. On Friday, the benchmark S&P/ASX200..
The Australian dollar has positioned itself above parity with its US counterpart and could move higher in the wake of this weekend's Greek elections. At 1700 AEST on Friday the Australian dollar wa..
Australian bond future prices have fallen in a quiet day of trading, as investors anticipate the Greek election and a possible boost to the US economy. Westpac's head of interest rates, Russell Jon..
Computershare has sold one of its businesses in the United Kingdom to interests associated with its chairman Chris Morris for STG400,000 ($A624,951). The sale comes just a few days after the share ..
