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Stocks to watch at noon on Tuesday

Stocks to watch on the Australian stock exchange at noon on Tuesday: AGK - AGL ENERGY - down 46 cents, or 2.98 per cent, at $14.97 Australia's consumer watchdog says it will oppose AGL Energy's ..

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SeaLink renews N Qld ferry contracts

The SeaLink Travel Group has renewed contracts to operate ferry services in north Queensland for another five years. The transport operator will continue running ferry services from Townsville to t..

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Current account deficit getting smaller

Australia's current account deficit is shrinking, thanks to a surge in mining and resources exports.The balance of payments deficit fell to $10.139 billion in the December quarter, seasonally adjusted..

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US stocks sink on Ukraine worries

US stocks have fallen sharply as investors recoiled from equities in the face of mounting tensions over Ukraine. The Dow Jones Industrial Average dropped 153.68 points (0.94 per cent) to 16,168.03 ..

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US stocks sink on Ukraine worries

US stocks have fallen sharply as investors recoil from equities in the face of mounting tensions over Ukraine. At the closing bell on Monday, the Dow Jones Industrial Average fell 154.83 points (0...

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Australian shares recover early losses

Australian stocks have fallen due to concerns about the crisis in the Ukraine, but a recovery in afternoon trade meant losses were modest. Data showing a healthy Australian business environment spu..

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Jobs ads hit eight month high

Job advertisements rose by more than five per cent in February to their largest number in eight months. The growth in job ads comes after the unemployment rate hit six per cent in January, its high..

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WorleyParsons wins $132m bitumen job

WorleyParsons has won a $Can130 million ($A132 million) contract to provide engineering and procurement work for a bitumen refinery project in Canada. The North West Redwater new bitumen refinery p..

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New home sales pick up in January

The number of new home sales increased by 0.5 per cent in January, after a small fall in December, data from the Housing Industry Association (HIA) shows. January's new home sales were also up 17 p..

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NAB cuts fixed home loan rates

The National Australia Bank has cut its fixed interest rate for two-year terms to the lowest level in more than 20 years. The bank cut its two-year fixed interest rate by 0.05 per cent to 4.84 per ..

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Australian market set to open higher

The Australian market looks set to open higher after the S&P 500 hit a new record peak with investors were generally optimistic about growth in the US economy. At 0645 AEDT on Monday, the March..

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AMP chairman Mason to step down

AMP chairman Peter Mason will step down at the company's annual general meeting in May. Mr Mason, who has been chairman of the company for eight years, will be replaced by former Macquarie Group ex..

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Possible war in Ukraine drags $A down

The Australian dollar is weaker as escalating tension between the Ukraine and Russia dilutes appetite for riskier assets. At 0700 AEDT on Monday, the local unit was trading at 89.01 US cents, down ..

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Cheese maker doubles half year profit

Canadian owned Warrnambool Cheese and Butter Factory says international demand for dairy commodities remains strong. The company says its outlook for the remainder of the 2013/14 financial year rem..

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James Hardie rides US housing recovery

James Hardie is rewarding shareholders with a special dividend after more than doubling its profit as the US housing market picks up. The building products maker made a net profit of US$286 million..

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Credit growth picks up, but still slow

The value of credit outstanding to the private sector has risen 0.4 per cent. That rise, for January, was marginally slower than the 0.5 per cent rise in December, but it has still produced the big..

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Australian share market trading flat

The Australian sharemarket is flat at midday in the wake of a record session on United States markets overnight. "It is fairly flat but not a bad effort," Lonsec senior client adviser Michael Heffe..

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Virgin boss attacks Qantas over losses

Virgin Australia's boss has blamed Qantas for the air war that has left both airlines bleeding money and says its rival does not deserve government help. Virgin slumped to a first half net loss of ..

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Bulls drive S&P 500 to fresh record

The S&P 500 has set a new record close as buyers pushed up stocks helped by a cautiously positive view of the economy from Federal Reserve Chair Janet Yellen. The Dow Jones Industrial Average a..

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