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Canadian dairy giant Saputo has won control of takeover target Warrnambool Cheese and Butter Factory (WCB), leaving rival suitor Murray Goulburn to consider its options. Saputo on Wednesday said it n..
BHP Billiton head Andrew Mackenzie has flagged higher dividends and a sharp boost to production despite falls in the company's key iron ore and petroleum divisions in the last quarter. Shares in th..
The Australian market looks set to open flat following a mixed lead from Wall Street. At 0645 AEDT on Wednesday, the March share price index futures contract was down five points at 5,283. The D..
US stocks ended Tuesday in mixed fashion after a stream of generally lacklustre earnings reports and a modest upgrade to the International Monetary Fund's economic forecast. The Dow Jones Industria..
The Australian share market shook off a negative start to finish higher on Tuesday as strength among the major banks outweighed weakness in the resources sector. Options Express market analyst Ben ..
Resources giant BHP Billiton has signed a final agreement to pay $US3 million ($A3.42 million) to Otto Energy to withdraw from an exploration joint venture in the Philippines. Otto has submitted a ..
Australia's major iron ore players are under pressure as the price of the steel-making ingredient continues to slide. While investors expect strong first half earnings results from the likes of Rio..
The Australian dollar continues to climb on the back of stronger-than-expected Chinese gross domestic product figures and New Zealand inflation data. At 1200 AEDT on Tuesday, the Australian dollar ..
Australian shares are flat as a lower iron ore price and Chinese growth figures keep a lid on market gains. Investors have taken their cues from Chinese gross domestic product (GDP) data and ore pr..
Arrow Energy says all options are on the table as it sheds jobs and cuts costs at its coal seam gas (CSG) project in central Queensland. Hundreds of jobs are believed to be at risk at Arrow, which ..
Australian shares have fallen as China's economic growth numbers continue to weigh on the market. With US markets closed for the Martin Luther King Jr public holiday, investors are taking their cue..
A day before its offer closes, Canadian dairy giant Saputo now has a near 48 per cent stake in takeover target Warrnambool Cheese and Butter Factory (WCB). In a statement to the market on Tuesday, ..
The Australian market looks set to open lower after a mixed and lacklustre performance on international markets with Wall Street closed and China turning in disappointing growth data. At 0650 AEDT ..
The Australian share market closed lower but recovered from solid losses in the middle of the day to be only slightly down. The market moved modestly higher led by cyclical stocks such as miners on..
Low interest rates and rising house and share prices made 2013 a good year for Australian households. The St George Melbourne Institute Household Financial Conditions Index jumped 4.3 per cent to 1..
Sydney Airport has recovered from a slower November to post a record high number of passengers passing through in December, helping it achieve its busiest ever year. The airport's figures, released..
China's economy grew 7.7 per cent last year, the government says, in line with expectations and the same as 2012, when it recorded its slowest expansion in 13 years. Growth for the October-December..
Paladin shares have jumped six per cent after the uranium miner announced it will sell a 25 per cent stake in its Langer Heinrich mine in Namibia to China Uranium Corporation for $US190 million ($A217..
Australian shares are weaker as a mixed lead out of Wall Street dents the big banks. The mining giants, BHP Billiton and Rio Tinto, however, are firmer despite concerns China's economy may be exper..
Inflation has jumped, driven by rising prices for petrol and fruit and vegetables. The TD Securities/Melbourne Institute Monthly Inflation Gauge rose 0.7 per cent in December, following a rise of 0..
Western Australia is still topping the other states when it comes to economic performance. CommSec's quarterly State of the States report says there's been no slippage in WA's number one ranking, a..
The Australian dollar has hit fresh three-and-a-half-year lows amid concerns over China's shadow banking sector and growing strength in the US economy. At 0700 AEDT on Monday, the Australian dollar..
ANZ lifted its standing significantly among business customers in the second half of 2013, to leapfrog rivals NAB and ANZ in satisfaction ratings. The latest DBM Consultants Business Financial Serv..
American Express's solid earnings has helped push the Dow higher, but the broader market has fallen after a mixed batch of corporate earnings and economic reports. The Dow Jones Industrial Average ..
The Australian stock market has closed lower, despite solid gains in the resources sector. Bell Direct equities analyst Julia Lee said materials stocks had again outperformed the wider market follo..
