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The Australian market has built on early gains with all sectors in the black, mainly due to a positive earnings season. CMC Markets chief analyst Michael McCarthy said Australian market's solid ris..
Australia's largest car and truck retailer has managed a small rise in half year profit, as changes in its road transport operations weighed on earnings. Automotive Holdings Group owns more than 15..
Newcrest Mining expects to be in a sustainable cash position by the end of the financial year as it keeps a lid on costs and pays down debt. Australia's largest gold miner recently improved its cas..
US stocks have ended higher, shrugging off some disappointing retail sales and jobless claims data. The Dow Jones Industrial Average rose 63.65 points (0.40 per cent) to 16,027.59 on Thursday. T..
The Australian share market's run of gains has ended, due to mixed reactions to corporate profit reports. Shares had posted five straight days of gains, but the market closed marginally lower on Th..
Canadian dairy giant Saputo has fallen short of taking full ownership of Victoria's Warrnambool Cheese and Butter Factory. Beverage and food group Lion has refused to sell its 10 per cent stake, an..
Australian stocks gave up early gains in share prices after the unemployment rate hit its highest level in more than a decade. News that the jobless rate was 6.0 per cent sent the ASX200 falling fr..
At least 1300 Forge Group employees have been sacked without pay after the engineering company's clients cancelled their contracts. Forge is on the verge of being delisted from the Australian share..
Optus has lifted its quarterly net profit by more than 40 per cent, but concedes it still needs to address network coverage and bill shock. Optus boss Kevin Russell says the telco is also working t..
David Jones boss Paul Zahra has given the strongest indication yet he will remain in the job, stressing that he hasn't yet handed in his resignation. Mr Zahra signalled his intention to resign in O..
Telstra has increased its dividend for the first time in eight years as it gains almost 740,000 new mobile customers and lifts its half yearly profit by nearly 10 per cent. Telstra made a net profi..
Toll road operator Transurban says it will take a substantial stake if it and its consortium partners bid for Queensland Motorways Ltd (QML). "Clearly, for us to be involved it would have to a very..
Economists expect little improvement in the jobs market in the months ahead, after the unemployment rate hit six per cent for the first time in over 10 years. Australia's jobless rate for January r..
US stocks finished mixed, snapping a four-day winning streak for the S&P 500 and the Dow Jones Industrial Average. The Dow lost 30.83 (0.19 per cent) at 15,963.94. The S&P 500 dipped 0.4..
Australian stocks have finished higher for the fifth consecutive trading session as the resources sector led the gains. RBS Morgans client adviser Alistair McCorquodale said investors were continui..
China's trade surplus surged in January, according to data Wednesday that showed exports strengthening in a potentially brighter note for the world's second-biggest economy after a disappointing perfo..
Consumer confidence has fallen to its lowest level in seven months as worries about rising unemployment and higher interest rates causes anxiety about household finances. Commonwealth Bank economis..
Dexus Property Group has managed to lift its half year profit while moving to acquire Commonwealth Property Office Fund (CPA). Dexus, the owner of $7.4 billion in office and industrial properties, ..
Oz Minerals chief executive Terry Burgess hopes to offload a controlling stake in the company's key growth asset before departing later this year. Mr Burgess says the company is talking to global c..
The head of property developer Stockland says there is no housing price bubble and Australia remains a cheap place to achieve the dream of home ownership. Despite first home buyers being outnumbere..
Blood products and vaccines maker CSL says a treatment that it is developing to stop recurring heart attacks has the potential to transform its business. Chief executive Paul Perreault says data co..
Pathology and medical centres operator Primary Health Care has boosted its half-year dividend by 38 per cent after lifting profits 8.6 per cent to $75.5 million. The company made more money from it..
Commonwealth Bank chief Ian Narev has defended his bank's record $4.27 billion half year profit, saying strong banks lead to a strong economy. The result puts the country's largest bank on track to..
US stocks have jumped more than one per cent after new US Federal Reserve chair Janet Yellen confirmed she would continue existing Fed monetary policy. The Dow Jones Industrial Average leaped 192.9..
Macquarie Group says its market exposed businesses have experienced mixed trading conditions in recent months, sending its share price lower. But the investment bank still expects to achieve profit..
