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Stocks to watch at close on Friday

Stocks to watch on the Australian stock exchange at close on Friday: AWC - ALCOA - down 2.5 cents, or 2.19 per cent, at $1.115 The news that Alcoa will not ask for any more government help at it..

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New home sales rise 7.5 per cent

Sales of new homes jumped to a two-and-a-half-year high, adding fuel to hopes a recovery is underway in the residential construction sector. New Home sales grew by 7.5 per cent in November, accordi..

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21st Century Fox shares down almost 5%

Institutional investors have started offloading Twenty-First Century Fox shares after the company announced plans to remove its listing from the Australian Securities Exchange (ASX). The dual-liste..

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Saputo lifts Warrnambool Cheese stake

The parties battling for Warrnambool Cheese and Butter (WCB) are still a long way off gaining control of the target, with the offer of one suitor set to expire on Friday evening, and the other suitor ..

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Australian market set to open lower

The Australian market looks set to open lower after US and European markets lost ground overnight. At 0715 AEDT on Friday, the March share price index futures contract was down six points at 5,287...

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US stocks mostly lower on jobs report

US stocks ended mostly lower on Thursday amid concerns about Friday's monthly US labour report and the kickoff of corporate earnings season. The Dow Jones Industrial Average fell 17.98 (0.11 per ce..

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Australian shares flat after China data

Australian shares have finished flat as cautious investors worry about a slowdown in China following the release of lower-than-expected inflation figures. China's inflation rate was 2.6 per cent in..

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AUD falls on greenback strength

The Australian dollar has been weighed down by its US counterpart's strength, despite the release of encouraging domestic retail sales and building approvals data. At 1700 AEDT on Thursday, the loc..

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AUD lower, despite strong data

The Australian dollar is lower after gains in its US counterpart offset positive local retail and building approvals figures. At 1200 AEDT on Thursday, the currency was trading at 89.06 US cents, d..

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Qantas gets another rating downgrade

The pressure on Qantas Airways and the federal government to fix the airline's woes have been ramped up with a second credit rating downgrade in a month. The national carrier faces a $100 million j..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: CUV - CLINUVEL PHARMACEUTICALS - steady, at $1.30 Drug developer Clinuvel Pharmaceuticals says it is taking longer than expe..

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Australian market set to open lower

The Australian market looks set to open lower after falls on Wall Street overnight. At 0735 AEDT on Thursday, the March share price index futures contract was DOWN nine points at 5,278. Early on..

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Australian share market closes flat

The Australian share market has finished flat as weakness among mining stocks dampened earlier gains. The local bourse had a strong start after markets in Europe and the United States rallied overn..

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Industry funds lead as super improves

Australian superannuation funds have recorded their best performance in seven years as the total worth of the nation's superannuation pool grew to $1.62 trillion. The industry-wide rate of return f..

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Virgin passenger numbers down

Virgin Australia has experienced a fall in passenger numbers, although the airline says it is reaping greater returns from airfares. Virgin's domestic passenger numbers slid 0.3 per cent in Novembe..

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Australian share market turns downward

The Australian share market has fallen into the red despite a positive start, led downwards by mining stocks. The local bourse started strongly after markets in Europe and the United States rallied..

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Stocks to watch at noon on Wednesday

Stocks to watch on the Australian stock exchange at noon on Wednesday: QAN - QANTAS AIRWAYS LTD - up two cents, or 1.8 per cent, at $1.11 A federal Liberal MP has advanced the case for changing ..

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US stocks score first gain of year

US stocks have registered their first gains of the new year, with the Nasdaq adding nearly one per cent, helped by a solid November trade report. The Dow Jones Industrial Average finished up 105.84..

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