Latest Finance News



Stocks to watch early on Friday

Stocks to watch on the Australian stock exchange on Friday November 16 AIO - ASCIANO LTD - up 15 cents at $4.33 Ports and rail operator Asciano has told shareholders that it is operating in a to..

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Qantas buy back has initial success

Qantas' move to buy back about four per cent of its issued stock to improve the airline's ailing share price appears to have had initial success. The airline on Thursday launched a $100 million buy..

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Fortescue to take stake in Oil Basins

Fortescue Metals Group will take an 18 per cent stake in oil and gas explorer Oil Basins, as it looks to diversify following volatility in the iron ore price. Fortescue's relatively small $4.2 mill..

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GrainCorp rejects takeover, lifts profit

Grains marketer and maltster GrainCorp has rejected a $2.68 billion takeover proposal from US-based food processing giant Archer Daniels Midland Company (ADM) whilst boosting its annual profit by 19 p..

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Stocks to watch early on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Nov 14 BRG - BREVILLE GROUP LTD - down four cents at $5.80 Kitchen appliance maker Breville expects its earnings to rise by 10 per c..

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Webjet shares fall on profit guidance

Online travel company Webjet has indicated its net profit may fall in the current financial year due to the cost of expansion and a slow travel market. Webjet said on Wednesday the leisure travel m..

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CSR still waiting for housing recovery

The property downturn has caused a 50 per cent profit fall for building products maker CSR, which says a recovery in the sector is unlikely before mid-2013. CSR's net profit of $17.5 million for th..

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Stocks to watch early on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday November 14 BHP - BHP BILLITON LTD - down 55 cents at $33.75 Mining giant BHP Billiton has been given until 2016 to go ahead with th..

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US stocks slide on US, Greece concerns

US stocks closed lower on Tuesday as worries about Greece's debt crisis and the US "fiscal cliff" took the shine off strong quarterly results from home-improvement giant Home Depot. The Dow Jones I..

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