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The Australian share market managed to claw back most of its early losses to close flat after negative offshore leads and lower commodity prices overnight. The benchmark S&P/ASX200 index was do..
Coca-Cola Amatil (CCA) is back in the beer market after buying the maker of Fiji Bitter for $58 million. The bottling company will buy the 89.6 per cent shareholding of the Fiji brewing business he..
Creditors of Air Australia are likely to lose everything after the sale of the airline's main asset fell through. The process to sell Air Australia's engineering business had been abandoned, credit..
Leighton Holdings says it's been in negotiations with Fortescue Metals Group for a $3.6 billion WA mining contract. Leighton confirmed on Friday that it had been talking with Fortescue over the Sol..
Premier Investments is pinning its hopes on funky pyjamas and cute stationery to steer it through the tough times gripping the retail sector. The retailer's Peter Alexander pyjamas and Smiggle stat..
National Australia Bank (NAB) has sold derivatives that had been a drag on earnings. Analysts say its shareholders have suffered heavy losses from the move, while the bank is expected to take a $30..
Stocks to watch on the Australian stock exchange early on Friday: AZX - AUZEX RESOURCES LTD - up two cents at 28.5 cents Auzex Resources shareholders have approved the gold explorer's merger wit..
US stock markets have fallen, as poor economic news from Europe and China overshadows more positive data about the domestic US jobs market. "Neither corporate news nor a multi-year low in weekly in..
The Australian share market shrugged off negative offshore leads to finish higher, driven by strong performances among financial stocks. At the close on Thursday, the benchmark S&P/ASX200 index..
Australians are willing to pay more to shop in department stores despite the better deals offered online, upmarket retailer David Jones says. Chief executive Paul Zahra said it was up to the major ..
Australian junior explorers such as Chinalco Yunnan Copper (CYU) do well in Chile because it is the reverse of Australia. In Chile the major miners dominate the exploration spend for copper, leavin..
Wagering and gaming firm Tabcorp Holdings has raised $250 million from the bond market, part of which it will use to pay off debt. Tabcorp raised $200 million from institutional shareholders throug..
Drugs wholesaler and pharmacy support services provider Sigma Pharmaceuticals has returned to profitability after gaining market share, cutting costs and winding back discounts to chemists. Consequ..
Australia's largest brick and tile maker is banking on a new wave of first home buyers settling on the outskirts of Sydney and Perth. Brickworks reported a 54 per fall in first half profit on Thurs..
Foxtel boss Richard Freudenstein is talking up the economic benefits of the pay TV provider's planned takeover of Austar as the competition watchdog mulls over the deal. Mr Freudenstein says Foxtel..
The competition watchdog is set to approve an alliance between Virgin Australia and West Australian regional airline Skywest. A draft decision made by the Australian Competition and Consumer Commis..
Stocks to watch on the Australian stock exchange on Thursday, March 21 ANZ - ANZ BANKING GROUP LTD - down 11 cents at $22.42 CBA - COMMONWEALTH BANK OF AUSTRALIA - down 27 cents at $48.63 NAB..
US stocks have closed mostly lower after a mixed report on existing-home sales showed a rocky but improving recovery in the depressed housing market. The Dow Jones Industrial Average fell 45.57 poi..
The Australian share market closed lower, with mining stocks suffering heavy falls as investors fretted over fresh signs of a slowing Chinese economy. The benchmark S&P/ASX200 index closed down..
Investors have baulked at David Jones' ambitious plans to revamp its customer service and boost online sales after digesting news that full year profits could slump by as much as 40 per cent. David..
Relief for Australia's big banks could be just around the corner thanks to a recent drop in wholesale funding costs which will help boost earnings. The banks have recently complained about spiralli..
Kathmandu's boss Peter Halkett is hoping for some bracing winds and icy conditions to improve the troubled outdoor clothing retailer's profits. Kathmandu on Tuesday reported a 43 per cent slide in ..
The global commodities giant set to take control of agribusiness Viterra's Australian operations says it has no plans to change the way the business operates. After weeks of takeover speculation, S..
The high iron ore price is unsustainable and will fall substantially in coming years as China's use of steel becomes less intense, an analyst warns. Current elevated prices for iron ore are unlikel..
Federal Reserve Chairman Ben Bernanke says the threats from Europe's debt crisis have eased in recent weeks, but US money market funds remain exposed to risky European assets. In testimony prepared..
