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Suncorp Group says it's confident that significant insurance premium rises will cover increased costs brought about by the worst year of natural disasters it has experienced. The Brisbane-based ins..
Mining giant BHP Billiton has delivered Australia's highest corporate financial result, beating analyst expectations with a full year net profit of $US23.6 billion ($A22.46 billion). The 85.9 per c..
The Australian share market closed flat, pulling back from earlier gains as investors awaited firmer direction from a global meeting of central bankers later in the week in the United States.The bench..
Downer EDI Ltd says it's unclear whether market volatility will have a negative effect on future projects after the firm posted a $27.8 million full year loss.The engineering and infrastructure servic..
Ports and rail operator Asciano Ltd has returned to a full year profit, boosted by more coal contracts in Queensland and fewer one-off charges. Asciano said it was optimistic about the medium term,..
Macarthur Coal has nearly doubled its full year profit due to record high prices but has warned its production costs will also jump this year. The Brisbane-based company's net profit rose 93 per ce..
Qantas Airways says it expects to increase capacity by eight per cent and improve yields during what is tipped to be a challenging and volatile first half of 2011/12.However, the airline group decline..
Gold topped $US1,900 per ounce for a new record Tuesday but pulled back sharply in later trade as bulls returned to Wall Street and the euro made an upward jump.In early Asian trading hours, the preci..
A roundup of trading on major world markets: NEW YORK - US stocks surged strongly on Tuesday, boosted by growing hopes the US Federal Reserve will offer new stimulus measures to kick-start a sluggi..
Shares in Seven West Media Ltd surged nearly 20 per cent after the company said it was on track to refinance debt and strengthen its balance sheet despite a tough advertising market.The broadcaster an..
The Australian share market closed sharply higher, buoyed by a return to confidence from overseas investors and solid earnings results. At 1615 AEST on Tuesday, the benchmark S&P/ASX200 index w..
Foster's Group has foreshadowed more job cuts, reporting an annual net loss and a continued drop in the Australian beer market.However, the brewer says the decline is slowing and believes a pick-up in..
ANZ Banking Group Ltd will raise $750 million in convertible shares as the lender seeks to strengthen its capital position.The convertible preference shares will form Tier 1 capital under the Australi..
Oil Search has more than doubled its first half net profit due to higher oil prices, and has reiterated its full year production guidance. The Papua New Guinea-focused oil and gas producer also on ..
Shares in Sonic Healthcare Ltd plunged almost six per cent after the company forecast 15 per cent earnings growth after a flat full year profit in 2010/11.Sonic reported on Tuesday profit of $294.5 mi..
Stocks to watch on the Australian stock exchange on Tuesday:AMC - AMCOR LTD - up 17 cents at $6.70Amcor has almost doubled full year profit as the packaging manufacturer expects to achieve more cost b..
A roundup of trading on major world markets: NEW YORK - US stocks made slight gains on Monday, after an exuberant early rally sparked by the apparent downfall of Libyan ruler Muammar Gaddafi gave w..
Flight Centre is confident that low airfares and growth in its overseas operations can boost profit this financial year.Managing director Graham Turner forecast an underlying profit increase of around..
Earthmoving equipment firm Emeco Holdings is back in the black after a rise in resources sector activity in the first half.It says it will spend $165 million on new gear this financial year to meet ri..
Origin Energy is confident about its $6 billion investment in Australia's biggest liquefied natural gas (LNG) project, despite a fall in annual profit.The energy retailer, generator and producer says ..
The Australian share market fell back into negative territory to close lower after earlier positive trading on the back of takeover announcements and strong earnings results.At 1615 AEST on Monday, th..
Australia's biggest steel maker Bluescope Steel says it can become profitable again after announcing it will cut 1000 jobs in the worst day in the company's history. Shares in the steel maker plung..
Caltex Australia has begun a review of its refineries as the strong Australian dollar contributes to a fall in its refiner margins. The fuel refiner and supplier said political turmoil in Libya and..
James Hardie Industries SE shares gained almost five per cent after a successful appeal to the Full Bench of the Federal Court over a tax matter worth over $242 million. The legal battle relates to..
Qantas Airways' bid to forge closer ties with its alliance partners is a step closer after the competition regulator approved a joint-venture with US-based American Airlines.The Australian Competition..
