Latest Finance News



Sprint, Priceline push US stocks lower

Shares of Sprint and Priceline have tumbled following disappointing earnings to help push the broad US equity market down.Buyers sent the blue chips of the Dow Jones Industrial Average up 17.60 points..

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Aussie shares close slightly higher

The share market has closed slightly higher as poor trade figures and an upward revision to recent unemployment figures muted the response to strong growth in retail spending.Trading volumes were ligh..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Nov 4: BXB - BRAMBLES - up seven cents, or 0.7 per cent, at $9.60 Large logistics company Brambles has lifted its full year profit fo..

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Pace of US factory activity picks up

US factories were busier in October, a sign that manufacturing is on sound footing despite growing concerns about the global economy. Orders, productivity and hiring all grew faster than they did i..

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Aussies spend big ahead of Christmas

Rising house prices and the latest iPhone have tempted Australians out of spending hibernation, giving retailers a healthy kickstart in the lead up to Christmas.The release of Apple's iPhone 6 is thou..

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US stocks finish flat on mixed data

US stocks have finished little changed following mixed economic data as markets paused after last week's records. The Dow Jones Industrial Average fell 24.28 points (0.14 per cent) on Monday to 17,..

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Shares hit by weak Chinese data

The share market has closed weaker as softer commodity prices hit the big miners and Woolworths delivered disappointing sales growth. The preliminary weekend release of the worst Chinese manufactur..

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Aussie shares close lower

The Australian share market has closed lower despite indications of a pick-up in Chinese manufacturing and a record profit by Westpac Bank. At the close on Monday, the benchmark S&P/ASX200 inde..

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Big banks make record profit

Australia's big four banks have made a record total profit of $28.6 billion as property prices continued to surge. The combined cash earnings of the Commonwealth Bank, Westpac, ANZ and NAB were up ..

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Shares weaker as mining stocks fall

The share market is weaker as disappointing Chinese manufacturing news weighs down resources stocks and Westpac's full year profit rise leaves investors underwhelmed. A drop in China's Purchasing M..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Nov 3: ANZ - ANZ BANKING GROUP - up 24 cents, or 0.7 per cent, at $33.50 ANZ lifted its full year cash profit by 10 per cent to $7.1 b..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US equities have powered to fresh records after the Bank of Japan's surprise stimulus ignited a rally on global stock exchanges. The Dow J..

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Job ads up for a fifth month in a row

Things are looking better for jobseekers, with the number of job advertisements rising for the fifth consecutive month. Job ads on the internet and in newspapers rose 0.2 per cent in October and we..

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Shares post third week of gains

The share market has closed higher as the big miners rebounded from recent falls and ANZ's record profit helped the banks. That capped another week of gains for local shares, the third straight wee..

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Shares hit seven week high

The share market has maintained its solid start to trading, driven partly by ANZ's strong profit growth. Lonsec senior client adviser Michael Heffernan said the fact the market's main indices had p..

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US economy clocks solid growth in Q3

The US economy grew at a faster-than-expected 3.5 per cent pace in the third quarter helped by stronger exports and defence spending, suggesting enough momentum to do without Federal Reserve stimulus...

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Banks and insurers lead market higher

The share market has closed higher as the big banks resumed their strong run, despite a fall in profit for National Australia Bank. The US Federal Reserve's decision to end its quantitative easing ..

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Shares extend gains in morning trade

The share market has extended its early gains due to well-received earnings and sales updates from some of the country's largest companies. Despite a fall in its annual profit, the performance of N..

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Home sales flat in September

New home sales were flat in September, weighed down by a 2.3 per cent fall in the sale of detached houses. However sales of apartments and semi detached houses rose 11 per cent in the month, and we..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Oct 30: AAD - ARDENT LEISURE - up 3.00 cents, or 0.88 per cent, at $3.44 Theme parks and family entertainment centres operator Arden..

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Banks weigh down share market

The share market is weaker as investors cautiously wait for the big banks to deliver their full-year results. The major banks weighed down the market on Wednesday ahead of National Australia Bank u..

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Shares close flat

The Australian share market has closed slightly lower, with gains by the big miners offset by falls by the big banks. At the close on Wednesday, the benchmark S&P/ASX200 index was 4.9 points, o..

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