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Apple shares hit a new all-time high on Friday as US stocks closed out the week with a second day of solid gains that put the Dow at its highest level since the last days of 2007. Apple shares rose..
A record profit from the Commonwealth Bank and a strong, Coles-driven result from Wesfarmers marked the highlights of company results reports this week. Australia's biggest bank posted a $7.1 billi..
The June quarter national accounts should confirm that reports of the death of productivity have been greatly exaggerated. The accounts, including their headline estimate of gross domestic product ..
Oil and gas producer Santos says Australia's first commercial shale gas well is ready to go into production, helping to boost supply and keep prices stable in eastern Australia. Santos said its Moo..
APN News and Media boss Brett Chenoweth is adamant there is a future for local newspapers despite his admission that times are tough in the publishing industry. APN, which owns regional newspapers ..
ANZ says its expansion into Asia gives it an advantage over rivals competing in an Australian market where credit growth is set to remain weak. The bank on Thursday beat market forecasts with a net..
The bidding war for energy infrastructure investor Hastings Diversified Utilities Fund (HDF) has intensified, with predator APA Group again lifting its takeover offer. The move by APA comes just da..
Australians could soon begin to see a welcome end to steep price rises on their insurance policies. Global insurer QBE says premiums should begin stabilising following rises imposed after several n..
Energy infrastructure investor Duet Group has suffered a 62 per cent plunge in full year profit. The group's net profit fell to $47.5 million in the year to June 30, from $124.9 million the previou..
Stocks to watch on the Australian stock exchange on Friday, August 17 ABC - ADELAIDE BRIGHTON LTD - down 35 cents at $2.90 Building materials provider Adelaide Brighton is optimistic of increasi..
A roundup of trading on major world markets: NEW YORK - US stocks put on solid gains after two flat days, helped by fresh data on jobless claims and housing construction that added evidence the eco..
The Australian share market closed sharply higher after a string of strong earnings results, with Wesfarmers and AMP among the best performers. At the close on Thursday, the benchmark S&P/ASX20..
Alumina Ltd has flagged an end to China's control over aluminium prices as it posts a $US14.6 million ($A13.95 million) half year loss. Non-chinese producers such as Australia's Alumina and Rio Tin..
Canny shoppers are seeking value for money to combat falling house prices and shrinking superannuation funds, Wesfarmers boss Richard Goyder says as his conglomerate posts an 11 per cent lift in full-..
As trucks arrive in towns across Australia to roll out the $37 billion national broadband network (NBN), the iiNet sales team won't be far behind. Australia's number three telecommunications provid..
AMP expects further growth after its $4 billion merger with AXA Asia Pacific contributed to a seven per cent rise in underlying first half profit. The profit growth was achieved despite weaker inve..
Global pallet and container business Brambles has lifted annual profit by more than 20 per cent and expanded its overseas markets in the face of weak global conditions. However its shares ended onl..
Building materials provider Adelaide Brighton is optimistic of increasing its full year earnings, despite the challenges facing the residential and commercial property markets. The company posted a..
Dexus Property Group is selling off billions of dollars worth of overseas office blocks and industrial sites as it switches focus to Australia to drive its earnings higher. Unveiling a steep 67 per..
Stocks to watch on the Australian stock exchange on Thursday, August 16 ALS - ALESCO CORPORATION LTD - up 8.5 cents at $2.00 DLX - DULUXGROUP LTD - up five cents at $3.38 Takeover target Ales..
US stocks have closed mixed with the Dow and S&P 500 essentially flat for the second straight day as fresh data releases failed to give any clearer picture of US economic growth. Earnings news ..
Sims Metal Management's horror year continued with the company's stock punished by investors after it flagged a $521 million full year loss. The US-based company will report its earnings next week ..
The Australian stock market finished lower as nervous investors made for the safety of defensive stocks amid thin trading volumes. At the close of trade on Wednesday, the benchmark S&P/ASX200 i..
Commonwealth Bank's record $7.1 billion profit will benefit millions of Australian households, its chief executive says. CBA set a record for an Australian bank with a $7.09 billion net profit for ..
Casinos operator Echo Entertainment Group says any potential proposal from rival Crown or Malaysian gambling group Genting must recognise the value of Echo's "good, long-term licences" in NSW and Quee..
