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Shares in iiNet have soared after the internet service provider confirmed its intention to buy Canberra-based TransACT for $60 million. The company said on Monday it had entered into a binding agre..
Steel plate supplier Bisalloy Steel Group Ltd expects earnings in the current financial year to rise by up to 50 per cent. "When we announced our FY2011 (2011 financial year) results in August, we ..
These are the biggest economic challenges facing Mariano Rajoy, leader of Spain's conservative opposition Popular Party, who won the general elections Sunday according to an exit poll: UNEMPLOYMENT..
A roundup of trading on major world markets: NEW YORK - US equity markets have closed mixed as the unresolved eurozone crisis and news of a deep partisan split in Congress's crucial deficit superco..
Stocks to watch on the Australian stock exchange on Monday November 21 BOW - BOW ENERGY LTD - down 0.5 cents at $1.49 Bow Energy is due to hold its AGM on Monday BXB - BRAMBLES LTD - up one c..
The Australian share market closed firmly in the red on low trading volumes as concern about the eurozone debt crisis continued to weigh on investors. The benchmark S&P/ASX200 index was down 81..
Optus has made a last-ditch bid to prevent Telstra from reaching an agreement with regulators over its participation in the national broadband network (NBN). The Australian Competition and Consumer..
Telstra Corporation says it is on track for full year revenue and earnings growth as the strong performance of its core business offsets difficulties at its directories business Sensis. Australia's..
Santos says it is holding on to its Barossa and Caldita gas fields in the Timor Sea, ruling out a sale of the assets to fund its liquefied natural gas (LNG) projects in Queensland and Papua New Guinea..
Outdoor clothing chain Kathmandu Holdings says sales jumped 16 per cent in the first quarter of its fiscal 2012, in line with expectations. The New Zealand-based company said sales grew to $NZ56 mi..
Explosives and mining services supplier Orica says the closure of its Kooragang Island facility in Newcastle is costing $4 million in earnings each week. The Kooragang Island ammonia plant has been..
Pallet supplier Brambles has signed a $US135 million ($A134.11 million) service agreement with PepsiCo. The three-year agreement would generate $US45 million ($A44.70 million) in sales revenue per ..
The fight for Canadian junior uranium explorer Hathor Exploration continues with Rio Tinto increasing its offer to $C654 million ($A636 million). Rio has increased its offer to $C4.70 ($A4.57) for ..
A roundup of trading on major world markets: NEW YORK - US stocks took a sharp plunge Thursday as fears over the contagion in the eurozone crisis trumped some mildly positive data on the US economy..
The Australian dollar is lower on Friday morning, falling below parity with the US dollar for the first time since October 12. The local unit followed European and US equities, which fell as borrow..
The Australian share rose slightly as investors shrugged off significant falls on overseas markets and focused on domestic corporate news. The benchmark S&P/ASX200 index closed up 10.8 points, ..
Seven West Media has attributed the sharp fall in the media group's share price to equity market turmoil but says its stock should be pushed higher by investors after a recent debt refinancing. The..
Breads and spreads maker Goodman Fielder will consider selling its commercial milling and oils businesses under a restructure aimed at returning it to profitability. Manufacturing plants in Western..
Building products maker James Hardie has returned to profitability and confirmed its full year earnings guidance despite being unable to predict when the US housing market will recover. The return ..
Macquarie Radio Network (MRN) executive chairman Russell Tate says he expects loss-making Melbourne station MTR will be at break-even by the end of 2011/12. MRN's accounts show MTR1377, which is a ..
Industrial services company Spotless Group says a $698 million takeover offer from a private equity firm undervalues the company.Spotless received an indicative, non-binding and conditional proposal t..
A roundup of trading on major world markets: NEW YORK - US stocks closed sharply lower Wednesday as turmoil on the eurozone bond markets indicated little confidence in Europe's efforts to manage it..
Global miner Rio Tinto plans to shut an aluminium smelter in northeast England because of rising energy costs, resulting in the loss of 515 jobs. The Anglo-Australian company said that its Rio Tint..
Stocks to watch on the Australian stock exchange on Thursday, November 17 AGO - ATLAS IRON LTD - down seven cents, or 2.2 per cent, at $3.10 GDA - GONDWANA RESOURCES LTD - up 0.1 of a cent, or 2..
BHP Billiton has become more wary about the global outlook for commodities as Europe's debt problems start to worry its big Chinese iron ore customers. However, the global miner doesn't think the s..
