Latest Finance News



JB Hi-Fi sales to rebound

Consumer electronics chain JB Hi-Fi says trading conditions have been challenging in the three months to September, but that the launch of the iPhone 4S and other new releases are expected to boost sa..

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Alcoa’s income disappoints

Alcoa's quarterly profit has fallen short of expectation as worries about the global economy hurt aluminum prices.The US-based aluminum producer on Tuesday reported third-quarter net income of $US172 ..

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Wall Street closes mixed

A roundup of trading on major world markets:NEW YORK - US stocks drifted to a mixed finish Tuesday ahead of the start of company earnings season and a key vote in Slovakia that could decide the eurozo..

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Aussie stocks end higher

The Australian share market ended higher but pulled back from earlier gains, as investors digested news that France and Germany have a plan to fix the eurozone debt crisis. By the close, the benchm..

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Tabcorp’s revenue up 2.7%

Wagering and gaming firm Tabcorp Holdings' revenue for the first three months of the 2011/12 financial year rose by 2.7 per cent compared to the same period last year.Tabcorp said on Wednesday that al..

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ERA to raise $500m

Energy Resources Australia (ERA) hopes to raise $500 million in a discounted new share sale to fund exploration at its Ranger uranium mine to extend the project's life.ERA, of which Rio Tinto owns the..

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Business conditions rise

Business conditions improved in September, thanks to a falling Australian dollar and talk of an interest cut, a survey shows.The National Australia Bank (NAB) Business Survey for September showed that..

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The carbon tax and you

The first thing to remember about the carbon tax is that it's not a direct tax - it doesn't come out of your pay or appear as an item on your shopping docket.It's levied on 400 to 500 businesses which..

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US, European stocks rally

A roundup of trading on major world markets:NEW YORK - US stocks rallied sharply Monday after Germany and France pledged over the weekend to find a solid plan to address the eurozone debt crisis and ..

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Aussie stocks ends higher

The Australian share market closed higher as investors kept up the momentum from last week's rally, underpinned by positive US futures prices.The market took heart in Germany and France's vow to agree..

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Job ads drop in September

The latest ANZ job ads survey confirmed the labour market is sluggish.And why wouldn't it?The economy is sluggish.Economic growth over the past year (to June) was a measly 1.4 per cent.Even the US man..

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Patrick boss steps down

The head of the Patrick ports and stevedoring business Paul Garaty has resigned and will leave the company in early 2012.Patrick's owner Asciano said the ports business had achieved significant improv..

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Wall Street closes weaker

A roundup of trading on major world markets: NEW YORK - Wall Street stocks on Friday closed in the red after a credit downgrade on Italy and Spain snuffed out a rally on better-than-expected US job..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange early on Monday:AMC - AMCOR LTD - last traded at $6.87BOB - BORAL LDT - last traded at $8.79BSL - BLUESCOPE STEEL LTD - last traded at 82 centsA new Au..

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