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Construction giant Leighton Holdings says a credit rating downgrade by Moody's will not impact on its existing credit facilities. Moody's Investors Service lowered the credit crating of Leighton to..
Stockbrokers will have an alternative market for trading Australian shares for the first time on Monday when Australian Stock Exchange rival Chi-X opens for business. Chi-X, a subsidiary of Chi-X G..
Flight Centre says the federal government should have acted on the Qantas industrial relations dispute sooner, and has taken steps to assist thousands of travellers left stranded by the groundings. ..
A roundup of trading on major world markets: NEW YORK - US stocks closed narrowly mixed, taking a pause a day after a blockbuster rally as investors digested Europe's eurozone debt deal and company..
Stocks to watch on the Australian stock exchange on Monday October 31FXJ - FAIRFAX MEDIA LTD - up 5.5 cents at 96 centsFairfax Media says it will hold onto its metropolitan radio assets due to a lack ..
Australian shares have recovered the lost ground from the Greek debt crisis, adding $57 billion in value over the past week to close at their strongest levels since August 2.Continuing offshore market..
Macquarie Group has downgraded its 2012 profit forecast after subdued market activity led to reduced income and a 24 per cent fall in first half profit.But the investment bank's shares rose on Friday ..
Qantas shareholders have voted overwhelmingly in favour of Qantas' executive remuneration, with just four per cent of votes going against the package. According to proxy results shown at the airlin..
Brazilian mining giant Vale has appointed a new boss for its coal division, to be based in Brisbane. Mauro Neves replaces fellow Brazilian national Decio Amaral, whose resignation was suddenly anno..
Fairfax Media says it will hold onto its metropolitan radio assets due to a lack of acceptable takeover offers. Fairfax said in May it would consider selling its metropolitan and regional radio ass..
Qantas says the industrial action taken by the licensed engineers', pilots' and Transport Workers' unions has cost the airline more than the Chilean volcanic ash cloud.Qantas, which was holding its an..
Santos has agreed to sell its entire working interest in the Evans Shoal gas field in the Bonaparte Basin offshore northern Australia for up to $US350 million ($A327 million).Santos said it would sell..
The Australian dollar surged to an eight-week high after European leaders surprised markets and reached a breakthrough to resolve the eurozone debt crisis. Eurozone leaders announced on Thursday (E..
A roundup of trading on major world markets: NEW YORK - US stocks closed sharply higher Thursday after European leaders reached a deal to resolve the eurozone crisis and new US growth data damped d..
Stocks to watch on the Australian stock exchange Friday October 28AGK - AGL ENERGY LTD - up 14 cents at $14.57Energy distributor AGL Energy has told shareholders it expects its underlying profit to gr..
Australian shares closed up more than two per cent after a truncated trading day caused by technical problems. There was renewed optimism on the share market as European leaders agreed on a crucial..
Europe has sealed a last-ditch deal to fix its festering debt crisis, shoring up its bailout fund, pledging new funds for Greece and pushing banks to share the pain at a summit vital to the health of ..
Gambling firm Tatts Group says it has had a good start to the financial year, with higher sales in lotteries.But sales growth is expected to slow as a result of smaller jackpots."The good start to the..
James Packer, the chairman of casinos owner Crown, has blasted the federal government's proposed gambling reforms, saying they will result in the loss of jobs and investment in the gaming sector and h..
National Australia Bank (NAB) posted a record annual cash profit of $5.5 billion and warned its funding costs will rise until 2014. Strong growth in deposits and home lending helped Australia's fou..
Oil refiner Caltex says up to 30 positions will be lost when it closes two plants at its Kurnell refinery in Sydney's south.Caltex said on Thursday it plans to close its propane de-asphalting unit (PD..
Leighton Holdings has confirmed previous full year guidance for net profit of $600 million to $650 million, after the company conducted a forecasting review. The guidance does not include the estim..
AMP reported net cash outflows were $335 million at AMP Financial Services for the quarter to September after the wealth manager lost a major client. AMP said there was a net outflow of $192 millio..
Insurance Australia Group (IAG) says it is on track to deliver on its full year financial guidance after an encouraging performance in the first quarter.Chief executive Mike Wilkins told the insurer's..
Woolworths has reported a "patchy" first quarter sales result, with its supermarkets, liquor and new homeware divisions performing well, while sales declined at Big W. Australia's biggest supermark..
