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Gold producer Adamus Resources has signed a merger deal with the Toronto Stock Exchange-listed Endeavour Mining Corporation to create a larger, acquisition-focused West Africa-based miner.Ghana-focuse..
One of Australia's biggest medical centre operators says the expansion of GP training places will not cover gaps left by retiring baby boomer GPs. Primary Health Care employs more than 700 GPs at i..
Packaging maker Amcor has almost doubled full year profit and expects to achieve more benefits from its acquisition of the Alcan Packaging business. Amcor also said it would buy back up to $150 mil..
ANZ - AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD - down 92 cents at $19.50ANZ Bank is on track for full year earnings growth of 17 per cent to another record profit and remains confident about the Au..
The stock market is starting to feed economic fear, not just reflect it. Stocks have fallen four weeks in a row. Some on Wall Street worry that the resulting blow to confidence, not to mention Amer..
The Australian share market closed sharply lower on a mixture of poor company results and big falls on US and European bourses spooked by the poor global growth outlook. The benchmark S&P/ASX20..
A raft of natural disasters failed to crimp QBE Insurance Group's first half profit, but a big contraction in insurance margins caused its shares to plunge. The Sydney-based global insurer booked a..
Shares in Billabong International suffered a 26 per cent wipeout to the lowest in a decade, after the surfwear retailer reported a sharp decline in profit.Net profit was $119.14 million in the year to..
Shares in Goodman Fielder plunged almost 20 per cent after the breads and spreads maker lowered its profit expectations for the year.The company says it will take a $300 million impairment charge on i..
ANZ Bank is on track for full year earnings growth of 17 per cent to another record profit and remains confident about the Australian economy despite volatile financial markets. Chief executive Mik..
Stockland plans to buy back up to five per cent of its stock, equivalent to 119.15 million securities.The on-market buyback will be funded by asset sales and the deferral of some uncommitted developme..
Stocks to watch on the Australian stock exchange on Friday: ABC - ADELAIDE BRIGHTON LTD - up 10 cents at $2.66 Cement and lime manufacturer Adelaide Brighton says half year profit declined by 10..
New worries about a second recession in the United States and Europe, prompted by an investment bank report, sent US stocks into a new sharp fall on Thursday. The Dow Jones Industrial Average close..
Fortescue Metals Group has delivered a big leap in full-year profit thanks to high iron ore prices, but noted a dip in demand from China as the Asian economic superpower tightens lending in an effort ..
Santos Ltd's boss says coal seam gas (CSG) is a crucial way forward to a low carbon economy and many attacking it oppose the resources industry generally.Greens senators Bob Brown and Christine Milne ..
Standard & Poor's is confident France will maintain its top AAA credit rating, the agency's European chief said, amid rumours of a possible downgrade amid intensifying Eurozone debt strains. "T..
The Australian share market closed weaker on profit-taking, led lower by the big miners and banks. At 1615 AEST on Thursday, the benchmark S&P/ASX200 index was 52.7 points, or 1.22 per cent, lo..
Investors face at least one more year of market volatility, the outgoing boss of ASX said after the share market operator posted a 7.4 per cent rise in full year profit. Chief executive Robert Elst..
Wesfarmers will embark on a $3 billion expansion plan this financial year as it shrugs off a hit from natural disasters and weak consumer sentiment. The owner of retailers Coles and Bunnings and co..
Foster's Group has again rejected a hostile $9.51 billion takeover bid by UK-based behemoth SABMiller plc, saying once more the offer price of $4.90 per share significantly undervalues the company. ..
Wealth manager AMP Ltd expects investor caution to remain for some time, meaning money will continue to be pulled from markets and placed in term deposits. The investment manager and Australia's la..
Stocks to watch on the Australian stock exchange on Thursday: ARP - ARB CORPORATION LTD - up 38 cents at $7.74 Shares in ARB Corporation surged by six per cent after the company posted a 16 per ..
A roundup of news in finance, economics and business from around the world: PARIS - France's President Nicolas Sarkozy and German Chancellor Angela Merkel have sent a joint letter to EU president H..
Property giant Goodman Group has returned to profitability and forecast earnings to rise 20 per cent this year on the back of its Asian and European businesses.The company has expanded its operations ..
Woodside Petroleum says its full-year production target remains on track and talks with other gas owners about buying volumes to underpin an expansion of its Pluto field were "active and maturing". ..
