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A roundup of some of the key stock movements on the Australian Stock Exchange (ASX) in the trading week to Friday, January 17, 2014: AIO - ASCIANO - up 10 cents, or 1.78 per cent, at $5.724 WHC ..
Shares in Paladin Energy have risen eight per cent after the Africa-focused uranium miner announced it will save more than $67 million after refinancing its debt facility. Paladin said finance faci..
Australian shares are slightly weaker as disappointing US earnings results drag down the big banks, but the big miners power ahead. Miners were in positive territory with investors excited about po..
Shares in Super Retail Group have dropped 12 per cent after investors punished the company for a disappointing sales result. Super Retail Group on Friday announced a six per cent rise in sales duri..
The Australian dollar sunk to new three-and-a-half-year lows overnight on the back of weaker-than-expected employment data. At 0700 AEDT on Friday, the Australian dollar was trading at 88.15 US cen..
The Australian market looks set to open flat after disappointing earnings from Citigroup and Best Buy's poor holiday sales pulled Wall Street back from its previous day's solid gains. At 0645 AE..
US consumer prices jumped 0.3 per cent in December after two basically flat months mainly due to higher energy prices, the Labor Department says. But stripping out the volatile energy and food pric..
US stocks have finished mostly lower following disappointing results from a number of big companies, including Citigroup and Best Buy. The Dow Jones Industrial Average dropped 64.93 points (0.39 pe..
Iluka Resources shares have risen seven per cent after the company reported a sharp increase in quarterly sales revenue. Revenue lifted 28 per cent to $234.3 million in the three months to December..
Australian shares have rallied as a sharp drop in the local currency helped give the mining giants a boost. The Australian dollar plummeted by more than one US cent, to below 88 US cents, for the f..
Bega Cheese will sell its 18.8 per stake in Warrnambool Cheese and Butter to Canadian dairy giant Saputo, putting Saputo in prime position to win the takeover battle for WCB. Saputo and Australia's..
The Australian share market has opened higher, led by resources stocks, after a positive lead from markets in the United States. IG markets strategist Stan Shamu said the local bourse had had a ver..
Weak jobs growth in 2013 will ensure the Reserve Bank of Australia keeps an open mind about the possibility of cutting the cash rate again. Unemployment remained steady at 5.8 per cent in December,..
Iron ore miner Fortescue says the construction of a new $178 million gas pipeline to its Pilbara operations, will reduce operating costs and open up long-term growth opportunities. Fortescue has si..
Woodside shareholders could be in for a bonanza after the company notched up record annual production and sales revenue of almost $6 billion. Irrespective of whether Woodside pushes the button on a..
The halcyon days of three years ago are over but Rio Tinto looks well placed to deliver a healthy full year profit next month after achieving record iron ore shipments in 2013. The mining giant eke..
US producer prices rose modestly in December on higher energy costs, ending two consecutive months of declines, the Labor Department says. The producer price index rose 0.4 per cent in December, sl..
The S&P 500 has closed at a new record following a batch of mostly solid economic and corporate earnings reports, and a modestly upbeat Federal Reserve report. The S&P 500 jumped 9.50 (0.52..
Australian shares have recovered some of Tuesday's losses due to a strong lead from the US. However, IG market analyst Evan Lucas said the joy could be short-lived as investors continue to worry ab..
Rising sales of work-related vehicles shows the housing market recovery is taking the economic baton from mining investment. New car sales rose 1.7 per cent in December, seasonally-adjusted, with 9..
Former Exxon Mobil executive Tony Cudmore has been appointed president of corporate affairs at BHP Billiton. Mr Cudmore, who was the corporate public affairs manager of oil and gas giant Exxon Mobi..
The Australian dollar has slipped back below 90 US cents following stronger-than-expected US retail data and hawkish comments from US Federal Reserve officials. At 1200 AEDT on Wednesday, the Austr..
Oil and gas explorer and developer Strike Energy has entered into an option agreement with packaging supplier Orora to supply 30 petajoules of gas to Orora over 10 years. The gas will come from Str..
Australian shares are higher as positive US retail sales figures boost banking, mining and luxury consumer stocks. The local share market had lost a bit of puff after opening strongly but was in st..
Consumer and business lending is growing at the fastest pace since the global financial crisis as record low interest rates trigger a recovery in personal loans. Personal financing improved for two..
