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Electricity provider AGL Energy says it is confident of getting regulatory approval for its plans to buy Australia's biggest brown coal power station and biggest coal mine. If the Australian Compet..
The Australian share market ended the week on a high note after a positive lead from Wall Street, with financial and mining stocks driving gains. The benchmark S&P/ASX200 index broke through th..
Casinos operator Crown says it has not yet decided whether it will increase its stake in fellow casinos firm Echo Entertainment Group. Crown said on Friday that it now holds a 10 per cent interest ..
South America-focused gold and silver producer Troy Resources has posted a jump in first half net profit after a production ramp-up at its new Casposo operation in Argentina and a strong performance a..
Civil construction and mining services contractor NRW Holdings has booked a record interim net profit on the back of strong work in iron ore and coal, and says it expects to achieve a 75 per cent surg..
Energy infrastructure company and takeover target Hastings Diversified Utilities Fund has narrowed its full year net loss and says the outlook is favourable. The company on Friday reported a net lo..
Reserve Bank of Australia (RBA) governor Glenn Stevens does not believe it is the job of the central bank to tell retail banks to take a hit on their profits so they can offer lower lending rates.Mr S..
Upmarket department store chain David Jones hopes to make about 10 per cent of its sales online as it tries to lure new customers and avoid closing stores. Chief executive Paul Zahra would not reve..
US stocks have closed broadly higher, helped by solid gains from Procter & Gamble over its cost-cutting plan and blue-chip stalwart IBM. The Dow Jones Industrial Average on Thursday closed up 4..
Stocks to watch on the Australian stock exchange early on Friday: APN - APN NEWS AND MEDIA LTD - up 1.5 cents at 83.5 cents APN News & Media has unveiled a $45.1 million full year loss as it..
The Australian share market followed negative offshore leads to edge lower after disappointing economic data from debt-riddled Europe. The benchmark S&P/ASX200 index was down 6.9 points, or 0.1..
The push for more business and corporate travellers has lifted Virgin Australia's first half profit past that of rival Qantas Airways and sent the stock to a three-month high. Virgin said net profi..
Gambling firm Tatts Group says it is interested in acquiring lotteries in South Australia and Ireland. Tatts said on Thursday that higher earnings from its lotteries operations helped lift net prof..
BHP Billiton is the latest Australian company to flag possible job cuts because of the strength of the Australian dollar. The global miner has decided to suspend work at its manganese alloy plant i..
Newspaper publisher Fairfax Media has launched a three-year $170 million savings program that will probably involve more job losses. Fairfax chief executive Greg Hywood said the company's first hal..
APN News and Media is attempting to reverse its poor fortunes by switching focus to the fast-growing outdoor advertising market, as newspaper earnings dwindle. Outdoor advertising was the big earne..
Transport and logistics group Toll Holdings expects economic conditions in the Australian retail and industrial sectors to remain challenging. Toll, which in past years has been highly acquisitive,..
Energy producer and retailer Origin Energy has posted a first half net profit of $794 million compared to a $136 million loss for the previous corresponding period. The profit is also higher than i..
Stocks to watch on the Australian stock exchange early on Thursday: AIO - ASCIANO LTD - up 15 cents at $4.78 Ports and rail operator Asciano says it expects higher earnings in the second half of..
Suncorp will hike insurance premiums to offset claims costs and lower investment returns after Melbourne's Christmas Day hailstorms topped off the company's worst year for natural disasters. Speaki..
The continuing migration of job advertisements to the web and growth of its Chinese and education businesses helped online jobs website SEEK to a record first half profit. However, chief executive ..
Beverages supplier Coca-Cola Amatil (CCA) says markets in Indonesia and Papua New Guinea are its strongest performers, and boosting investments there will be a high priority in 2012. CCA said on We..
An expansion into flight bookings has paid off for online travel company Wotif.com Holdings, lifting its first half profit to record levels. Wotif's net profit for the six months to December 31, 20..
Woodside Petroleum has met analyst expectations with a full year net profit of $US1.507 billion ($A1.42 billion) and is assessing acquisition opportunities that may be funded with cashflow from the Pl..
Seven West Media chief executive David Leckie says a 40 per cent share of the lucrative free-to-air metropolitan television advertising market is within reach. Mr Leckie was asked during the televi..
