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Departing Coca Cola-Amatil boss Terry Davis hopes consumers and retailers have realised that if they don't buy Australian produce, there won't be any Australian farmers. Mr Davis announced a $404 m..
BHP Billiton has predicted a strong year ahead for both the global economy and itself after it announced a surprisingly strong half year profit based on cost slashing. The price environment for iro..
Port and rail operator Asciano will cut dozens of jobs after upgrading profit targets due to growth in its Pacific National Coal division. Asciano plans to cut up to 100 jobs following a decision t..
Australian shares have finished higher, buoyed by local earnings results and offshore gains. Commonwealth Bank analyst Steve Daghlian said the market rose for the seventh trading session in eight t..
Mining giant BHP Billiton is expected to have arrested a two year earnings slide in the past six months, and shareholders may be rewarded with an increased dividend. However it is unlikely to match..
Almost 1500 Forge Group employees have now been sacked as all but one of the collapsed company's projects grind to a halt. Michael Smith from receivers KordaMentha said that number could grow. "..
The Australian sharemarket is continuing to rally, with investor sentiment buoyed by a better-than-expected domestic earnings season. IG market strategist Evan Lucas said it was a good result for t..
Sales of new motor vehicles fell 3.5 per cent in January. There were 93,232 new vehicles sold in the month, compared with 96,573 in December, seasonally adjusted figures from the Australian Bureau ..
Engineering and property services group UGL is hopeful of growing earnings in 2014 despite fielding offers for its property business. UGL says it has endured a complicated and challenging year and ..
Bendigo and Adelaide Bank has lifted its cash profit almost 10 per cent as lower funding costs offset the impact of weak lending growth. Australia's largest regional lender made a cash profit of $1..
Australia's largest freight rail operator expects to haul more coal this year than previously forecast, but has suffered a fall in half year profit. Despite a long downturn in the Australian coal m..
US stocks have vaulted higher as investors shrugged off a report showing poor industrial output last month as mainly weather-related. The Dow Jones Industrial Average jumped 126.80 (0.79 per cent) ..
ANZ is keeping its home loan interest rates on hold for a sixth straight month. The bank's standard variable rate remains at 5.88 per cent per annum, after the Reserve Bank of Australia left the ca..
The Australian share market closed higher on Friday following a good lead from US markets and encouraging company earnings reports. "It's been a very happy Valentine's Day for investors today, and ..
China's inflation rate was steady at 2.5 per cent year-on-year in January, with analysts warning the figure suggested weak growth prospects for the world's second-largest economy. The consumer pric..
A third consecutive year of weak uranium prices has led to Paladin Energy's half year net loss increasing to $US255 million. The uranium producer does not expect any short-term improvement either, ..
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..
