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All Pacific Brands needs is love to help turn around its flagging fortunes, its new chief executive says. The struggling clothing and homewares maker, whose brands include Bonds, Rio and Sheridan, ..
Suncorp's full year profit failed to meet market expectations, but a bonus payout to shareholders pleased investors. The banking and insurance company will pay $192 million in special dividends, or..
Stocks to watch on the Australian stock exchange on Wednesday, August 22 ALS - ALESCO CORPORATION LTD - down one cent at $2.01 DLX - DULUXGROUP LTD - down one cent at $3.33 DuluxGroup has ext..
US stocks have closed lower, unable to maintain early gains as tech stocks dragged on sentiment. The Dow Jones Industrial Average slid 68.06 points (0.51 per cent) to finish at 13,203.58. The S&..
The Australian share market has closed higher after a wave of optimism swept the market on speculation Europe is about to embark on a huge round of stimulus in the bond market. The benchmark S&..
Cedar Woods expects its two-year record profit streak will end this financial year, with earnings growth stagnating because of the tough market for property developments. The developer says profits..
Australia's third-largest pure oil and gas producer Oil Search says its $2 billion expansion plans in Papua New Guinea (PNG) are on track following a year marked by political instability. Oil Searc..
Telstra will shed 651 jobs across regional Australia, angering the communities hit by the cuts. Blaming customers for shunning call centres in favour of online services, the telco says it will cut ..
US stocks have closed flat in quiet trade that still had enough might to push Apple to become the world's most valuable company of all time, eclipsing Microsoft's 1999 record. The Dow Jones Industr..
Sonic Healthcare expects expansion in the United States and Germany to boost its growth, despite the gloomy US economy. The international pathology, radiology and medical centres group on Tuesday r..
Consolidated Media Holdings (CMH) believes it can wrap up a $2 billion takeover deal with Rupert Murdoch's News Ltd within months. James Packer's media company, which owns 25 per cent of pay TV pro..
Homeowners are unlikely to get further interest-rate relief unless the global economy takes a turn for the worse. Economists say the minutes of the Reserve Bank of Australia's (RBA) August 7 board ..
Amcor's flexible packaging business is set for more growth in China, after the company took full ownership of factories in Beijing and Chengdu. Unveiling a 15.7 per cent rise in annual profit on Tu..
The nine-month battle for energy infrastructure investor Hastings Diversified Utilities Fund (HDF) has been won, with a $1.4 billion takeover bid by APA Group. Hasting's responsible entity, Hasting..
Arrium has outshone rival BlueScope Steel and made steelmaking profitable again but faces a difficult year of weak demand and falling iron ore prices. The global resources and steel company, which ..
The Australian share market was relatively flat in early afternoon trade as falls by several large companies caused by dividend payouts offset other gains. At 1630 AEST on Monday, the benchmark S&a..
Volatile investment markets have pushed Challenger's full year profit down 43 per cent but the financial services group is confident it can improve earnings in fiscal 2013. Challenger's net profit ..
Former Commonwealth Bank (CBA) chief executive Ralph Norris stands to earn $9.6 million from his last five months at the bank. Mr Norris was paid $4.2 million between July 1, 2011, and his retireme..
Contract miner and construction group Macmahon Holdings has forecast 20 per cent profit growth in fiscal 2013 amid strong orders. Macmahon on Monday reported a 45 per lift in full year net profit t..
The head of news and entertainment website Yahoo!7 Rohan Lund has been appointed as Seven West Media's new group chief operating officer. Seven's chief executive Don Voelte said the role had been c..
Shopping centre operator Westfield Group won't say whether or not it will cut the size of its workforce by up to 10 per cent. News Ltd media reported on Monday that Westfield may cut up to 400 jobs..
BlueScope Steel is predicting another loss-making year in fiscal 2013 after posting its second consecutive $1 billion loss. The struggling steelmaker forecast an improved financial performance with..
Bendigo and Adelaide Bank has highlighted the pressures of high funding costs and weak demand for loans as it reported a 43 per cent drop in full year profit. The regional lender made a net profit ..
Health insurer nib is planning to expand into the global health cover market by targeting thousands of Australians who travel overseas for work each year. Offering international health care is a la..
Stocks to watch on the Australian stock exchange on Monday, August 20 ANZ - ANZ BANKING GROUP LTD - up 71 cents at $24.61 ANZ says its expansion into Asia gives it an advantage over rivals compe..
