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US stocks have closed mixed, with a late rally paring losses prompted by increased fears of a Greek euro exit and disappointing earnings from computer maker Dell. The Dow Jones Industrial Average w..
The world's richest woman Gina Rinehart has been overlooked for a Fairfax Media board seat, in favour of an accountant. Fairfax has chosen former Ernst & Young boss James Millar to join its boa..
The outlook for economic growth has improved although it is still below average. The Westpac/Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine mo..
Bargain hunters are in for a treat this winter as Myer flags discounts of up to 60 per cent, while shareholders cringe at the prospect of more pain. Myer shares shed almost eight per cent on Wednes..
Mineral sands miner Iluka Resources has backed away from earlier pledges to increase dividends but still predicts a decent increase in earnings this year. The global financial turmoil was a good re..
Australia's dependence on resource exports could come back to bite it as a slowdown in Chinese growth causes commodity prices to fall, the World Bank warns. In its twice yearly update of economic f..
More than 64,000 customers have hung up on global telecommunications giant Vodafone plc's Australian mobile arm as it battles to overcome perceptions of a poor network. The big fall-off in customer..
Australian bond futures prices are higher after a former Greek prime minister's comments that the nation could exit the eurozone encouraged traders to move to safe-haven investments. Lucas Papademo..
Stocks to watch on the Australian stock exchange on Wednesday, May 23 BHP - BHP BILLITON LTD - up 21 cents, or 0.69 per cent, to $32.32 There will be no immediate job losses at BHP Billiton's ma..
US stocks have given up early gains and finished mostly flat as investors dump Facebook shares for a second straight day amid new controversy about the company's $US16 billion ($A16.20 billion) IPO. ..
Leighton Holdings recent downgrading of its profit guidance has drawn a humbling apology from its board in front of angry shareholders. During the company's annual general meeting on Tuesday, many ..
The Australian share market continued its second consecutive day of recovery from last week's big drops, driven by overnight offshore leads. At the close on Tuesday, the benchmark S&P/ASX200 in..
Vodafone says annual net profits have dropped almost 13 per cent as eurozone losses offset asset sale gains and strong performances in emerging markets and the US. Vodafone said profit after tax hi..
Woodchipper Gunns expects the sale of its hardwood mill at Heyfield in Victoria to the Hermal Group to be completed after a contract dispute is resolved in court. Gunns said on Tuesday that it had ..
Qantas is splitting its domestic airline business from its loss-making international operations, but says customer benefits such as its popular frequent flyer scheme won't be put at risk. The flyin..
Boral boss Mark Selway has been pushed from his post a month after the building products company issued a surprise profit warning. Mr Selway stood down, effective immediately, on Tuesday after appa..
GrainCorp expects another large national harvest after a bumper crop helped lift first half profit by more than 50 per cent and upgraded its full year profit forecast. The better news pushed up sha..
Stocks to watch on the Australian stock exchange on Tuesday, May 22 CPB - CAMPBELL BROTHERS LTD - down 60 cents at $56.70 Laboratory group Campbell Brothers' expects the booming mining sector an..
The euro has clawed back ground from the US dollar after G8 leaders and the foreign ministers of Germany and France pledged to work hard to keep Greece in the eurozone. While worries remained deep ..
US shares have racked up strong gains with the Nasdaq adding nearly 2.5 per cent helped by an Apple surge, but Facebook shares flipped below their IPO price on their first full day of trading. Jump..
Building products maker James Hardie fears Australia's soft housing market will be a drag on the company's earnings this year. Chief executive Louis Gries says the residential market has contracted..
Australian stocks have closed higher, driven by a gains in resource and finance stocks, as world leaders reaffirmed they wanted beleaguered Greece to remain in the eurozone. The benchmark S&P/A..
Australian bond future prices have fallen from last week's record levels as investors made a tentative move back towards higher risk assets. JP Morgan interest rate strategist Sally Auld said a str..
The Australian dollar has rebounded to finish back above US98 cents after its recent big falls to the lowest levels in six months. At 1700 AEST on Monday, the Australian dollar was trading at 98.36..
Qantas Airways has flagged more job losses may be on cards after confirming it would cut 500 maintenance positions. Qantas chief executive Alan Joyce said the decision to stop heavy maintenance at ..
