Latest Finance News



Navitas expects profit growth

English language courses group Navitas says its annual profit is set to grow, boosting its share price. The global colleges firm, which operates in nine countries including Australia, says it's on ..

Full Article >

Australian stocks open lower

Australian stocks are lower after the US Federal Reserve's decision to further taper its stimulus program added to investor concerns about the decline in emerging markets. Investors have been pulli..

Full Article >

Australian share market closes higher

The share market has closed higher after the central banks of India and Turkey lifted interest rates to counter a sell-off in their currencies and ease investors' concerns about the stability of emerg..

Full Article >

Drillsearch production estimates soar

Oil and gas explorer Drillsearch Energy has increased its 2014 production guidance by around a million barrels. In a forecast representing a new record for Drillsearch, the company said it would pr..

Full Article >

Forge shares down on earnings downgrade

Shares in Forge Group have dropped another eight per cent following more bad news from the engineering company, which now says it expects to post a full-year loss of up to $25 million. Having flagg..

Full Article >

Atlas Iron to ship more iron ore

Mid-tier iron ore miner Atlas Iron has lifted its forecast for shipments of iron ore in its 2014 financial year and says prices for the commodity are strong. The Pilbara-focused company on Wednesda..

Full Article >

Saputo increases stake in WCB

Investors selling their stake in Warrnambool Cheese and Butter Factory to Canadian dairy giant Saputo will now receive an increased return of $9.40 per share. Saputo on Wednesday announced it had r..

Full Article >

Australian shares firm as volumes climb

Australian shares are firmer, despite bank stocks being mixed as investors remain anxious ahead of the US central bank's expected decision to keep tapering its stimulus measures. A surge in the vol..

Full Article >

Unemployment rates fall in 39 US states

Unemployment rates have fallen in four-fifths of US states in December and rose in just two, though most of the improvement stemmed from unemployed Americans giving up on their job searches. The La..

Full Article >

Australian share market closes lower

The Australian share market clawed back some of its earlier losses but still closed lower on Tuesday on the back of investor concern over emerging markets. Weakness in the resources sector and amon..

Full Article >

Downer wins contracts worth $100m

Engineering and mining firm Downer EDI has won two contracts worth about $100 million with BHP Billiton Iron Ore in Western Australia. Under a contract worth about $40 million, Downer will design a..

Full Article >

Australian shares stage slight recovery

Australian shares have recovered some of the heavy losses posted in early trade, but remain weaker as investors take a cautious approach ahead of a US central bank meeting. US Fed chairman Ben Bern..

Full Article >

Australian stocks open lower

Australian stocks have fallen heavily after resuming trade after the Australia Day public holiday, due to a recent sell off on Wall Street. Wall Street's Dow Jones Industrial Average took a near tw..

Full Article >

JB Hi-Fi half-year profit rises by 10%

Home entertainment retailer JB Hi-Fi's 10 percent profit increase has been welcomed by shareholders, adding more than $90 million to its market value. But the electronics and DVD seller's good news..

Full Article >

Boral flags weak second half

Building products maker Boral expects strong profit growth for the first half of the financial year, but has flagged weaker earnings for the second half. Boral expects its net profit for the six mo..

Full Article >

US new-home sales slip in December

Sales of new US homes fell seven per cent in December, but were enough to sustain a full-year gain of 16.4 per cent compared with 2012. New sales for single-family homes ran at an annual pace of 41..

Full Article >

US stocks decline again amid anxiety

US stocks have finished lower again as investors anxiously awaited a busy week of economic news that includes a US Federal Reserve policy meeting. The Dow Jones Industrial Average slumped 41.23 poi..

Full Article >

US stocks plunge 2% in broad sell-off

US stocks have plunged around two per cent, sinking for a second straight day on concerns over emerging economies and disappointments in US corporate earnings. The Dow Jones Industrial Average tumb..

Full Article >

Share market closes lower

The Australian stockmarket has closed lower after disappointing Chinese manufacturing figures caused a sell off. It's the third straight week that local shares have finished in the red. Bell Dir..

Full Article >