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Stocks to watch on the Australian stock exchange on Thursday, June 14: CPU - COMPUTERSHARE LTD - up 18 cents at $7.82 Europe's financial woes have caused share registry group Computershare to ta..
Iron ore miner Fortescue Metals Group has merged some of its lower grade assets with Chinese state-owned steel giant Baosteel. The company's shares shot up on news of the deal with one of the world..
Australian stocks closed lower with investors' caution about the weekend's Greek elections overriding positive offshore leads. At the close of trade on Wednesday, the benchmark S&P/ASX200 index..
Billionaire Nathan Tinkler's skills as a dealmaker are expected to be tested after he launched a takeover of Whitehaven Coal. Whitehaven confirmed the approach from the 36-year-old, which it said i..
The mining boom is not to blame for Australia's multi-speed economy, Reserve Bank of Australia Governor Glenn Stevens says. Speaking at the federal government's economic forum in Brisbane, Mr Steve..
Investment firm Macquarie Group has bought a five per cent stake in casinos operator Echo Entertainment Group. Echo said in a statement to the Australian Securities Exchange on Wednesday that Macqu..
Jobs website Seek has abandoned plans to raise $125 million to repay debt and fund investment. The company was going to issue subordinated notes through an offer to eligible shareholders, as well a..
Australians refuse to believe the economy is travelling well, despite successive rate cuts and upbeat commentary from the central bank, a private study has found. The Westpac/Melbourne Institute Co..
The US trimmed its budget deficit by $US83 billion ($A84.49 billion) in the first eight months of fiscal 2012, the Treasury has reported, as income increased while spending was basically flat. The ..
A roundup of trading on major world markets: NEW YORK - US stocks have bounced back, reversing the previous day's losses while shrugging off the spectre of more turmoil in Europe. Commodities an..
Ratings agency Fitch has downgraded 18 more Spanish banks, a day after cutting its ratings for the country's two biggest banks, Santander and BBVA - and despite a massive sector bailout. Among the ..
The Australian share market finished slightly higher despite big falls on overseas markets as instability in Europe continues. At the close of trade on Tuesday, the benchmark S&P/ASX200 index w..
Qantas Airways shares have risen for the first time since May 29 after the airline confirmed it had set up an internal task force to monitor potential takeover attempts. While Qantas chief executiv..
Businesses will be banned from charging customers excessive credit card fees under new regulations announced by the Reserve Bank of Australia (RBA). The RBA's Payment Systems Board on Tuesday annou..
Fairfax Media says revenue is set to drop by $93.6 million in the second half of the financial year as trading conditions remain difficult. Revenue for the six months to June 30 is expected to be e..
Casino operator Echo Entertainment Group plans to raise money via the issue of new shares. Echo shares were placed in a trading halt on Tuesday, ahead of the release of details of the capital raisi..
Alesco has rejected a $188 million takeover bid from paint maker DuluxGroup as opportunistic and too low, but the predator still says its offer stands as it is. Alesco, which supplies garage doors,..
OneSteel says it has refinanced a $295 million syndicated loan which was due to mature in August 2013. The mining and materials group on Tuesday said the refinancing, which includes domestic and ov..
Europe's decision to offer Spain's battered banks a 100 billion euros ($A127.76 billion) bailout is a sign that confidence is returning, the EU's chief regulatory official says. EU commissioner Mic..
Stocks to watch on the Australian stock exchange on Monday, June 12: ANZ - ANZ BANKING GROUP LTD - down 25 cents, or 1.1 per cent, at $21.56 WBC - WESTPAC BANKING GROUP - down 34 cents, or 1.6 p..
An early rally fuelled by Spain's banking bailout fizzled and US stocks have headed into negative territory, as the reality of more imminent risks confronting the eurozone sank in. At the close on ..
The Australian share market has closed lower as investors fretted over comments made by the head of the US central bank over the risk that the troubled euro zone posed to the US economy. On Friday,..
Qantas shares have slumped below $1.00, capping a horror week in which $1.1 billion was wiped off the airline's market value. The dramatic slide follows the airline's shock profit warning on Tuesda..
Crown's James Packer has aborted his plan to get former Victorian premier Jeff Kennett onto the board of rival casino operator Echo Entertainment. Mr Packer had forced the convening of an Echo shar..
Commodity prices and Chinese growth are still affecting Australia's trade story, but the trade figures are improving, economists say. Australia's trade deficit narrowed by more than $1 billion in A..
