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APA Group is expected to make a fresh bid for energy infrastructure investor Hastings Diversified Utilities Fund (HDF), despite the takeover target rejecting its advances. HDF's responsible entity,..
Broadcaster Ten Network Holdings has agreed to sell its outdoor advertising business, Eye Corp, to Outdoor Media Operations (OMO) for up to $145 million. OMO owns oOh!media, an Australian outdoor a..
Google has reported a surge in quarterly profit to $US2.79 billion ($A2.69 billion) on the back of rising online advertising revenue, beating Wall Street expectations. The California-based online s..
Microsoft has posted its first ever loss, shedding $US492 million ($A476.26 million) in the fourth quarter due to a massive $US6.2 billion ($A6.00 billion) write-down to reflect the slump in value of ..
US stocks have notched gains for a third straight day as investors looked past disappointing economic data to a batch of positive corporate earnings reports. The Dow Jones Industrial Average on Thu..
Etihad Airways is free to double its stake in Virgin Australia to 10 per cent after receiving the all clear from the federal regulator. The Middle East carrier acquired a 4.99 per cent equity stake..
The Australian share market closed at a two-month high, boosted by good production reports from oil and gas producers Woodside Petroleum and Santos. The benchmark S&P/ASX200 index rose 83.1 poi..
Mining billionaire Gina Rinehart's battle over board seats at Fairfax Media is expected to continue despite the appointment of her close ally Jack Cowin as an independent director. The troubled med..
Santos has posted an 18 per cent jump in quarterly sales revenue, giving it a financial boost as it develops its costly giant LNG projects. The market and analysts were impressed with the better th..
Woodside Petroleum has upgraded its full year production target, thanks to a stellar start to its giant Pluto liquefied natural gas project (LNG) that helped boost second quarter output by 43 per cent..
The body representing journalists at Fairfax Media has welcomed the appointment of Hungry Jack's founder Jack Cowin to the media group's board, citing his agreement to editorial independence principle..
Australian business conditions weakened in the three months to June, according to a private survey. The National Australia Bank (NAB) quarterly survey showed the business conditions index for the J..
Stocks to watch on the Australian stock exchange on Thursday, July 19 AIO - ASCIANO LTD - up three cents at $4.37 Asciano will axe half its Sydney workforce as it expands and automates its Port ..
The Australian share market closed lower after being dragged down by risk averse investors abandoning resources stocks. A speech by US Federal Reserve chief Ben Bernanke gave a downbeat assessment ..
Uranium explorer Energy and Minerals Australia (EMA) will restructure its management team after settling a four-year legal battle over its flagship Mulga Rock project in Western Australia. EMA on W..
The Gerard Lighting Group has endorsed a $186 million takeover offer from Lighting Group Australia, sending shares soaring more than 26 per cent. Shares in Gerard closed 21.5 cents, or 26.71 per ce..
Asciano will axe half its Sydney workforce as it expands and automates its Port Botany container terminal. About 270 jobs will be made redundant once the $348 million project to increase capacity a..
The former CEO of Coogee Chemicals Pty Ltd Phil Thick has been appointed managing director and chief executive of diversified resources company MHM Metals. MHM Metals will shift its business focus ..
BHP Billiton is expected to face a challenging few months as risk-averse investors abandon the stock despite positive production numbers. Shares in the world's biggest resources company hit near th..
National Australia Bank's (NAB) two British lenders are under review by the UK financial watchdog as part of its probe into the alleged mis-selling of interest rate hedging products. NAB said its C..
Australian economic conditions are at their strongest in 10 months and are expected to improve as the central bank further stimulates the economy. The Westpac-Melbourne Institute Leading Index, whi..
Stocks to watch on the Australian stock exchange on Wednesday, July 18: BHP - BHP BILLITON LTD - up two cents at $30.79 Production and sales at BHP Billiton's key iron ore division are expected ..
US stocks climbed for a second straight day on Wednesday amid upbeat earnings reports and after a Federal Reserve report said the economy continued to grow, at least at a modest pace. The Dow Jones..
The Australian share market has closed higher, boosted by commentary from the nation's central bank that there were recent positive signs for the Australian economy. At 1615 AEST on Tuesday, the be..
Fortescue Metals Group says its exports will continue to grow, despite lower iron ore prices and global jitters about a slowdown in China. Fortescue added that it could seek as much as $1 billion i..
