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A roundup of trading on major world markets: NEW YORK - Wall Street shares closed higher on Friday, buoyed by better than expected US earnings, solid German business confidence data and a $430 bill..
The Australian share market closed marginally higher despite earnings downgrades and a fall in some commodity prices. The benchmark S&P/ASX200 index was up 3.8 points, or 0.09 per cent, at 4,36..
Shares in building materials producer Boral lost almost three per cent after it made a surprise cut to its full year profit guidance because of eastern Australia's big wet. Heavy rain has continued..
A global effort has been required to return a Qantas Airways Airbus A380 to service after it suffered a mid-air engine explosion over Indonesia in late 2010. The super jumbo, named Nancy Bird-Walto..
Woolworths says higher third quarter sales volumes were offset by lower prices, leaving shoppers as the big winners as the supermarket seeks to woo more customers than arch rival Coles. Woolworth o..
Higher oil and gas production combined with stronger prices have boosted Santos Ltd's first quarter sales revenue by 50 per cent. Newly acquired assets helped push up the company's March quarter oi..
An appeal by the world's largest film and television companies against internet service provider iiNet in a copyright case has been dismissed by the High Court. A group of 34 international and Aust..
US stock markets were modestly lower on Thursday, with US unemployment data and a successful Spanish debt sale giving little direction to trade. The Dow Jones Industrial Average was down 68.65 poin..
Stocks to watch on the Australian stock exchange on Friday April 20 AIO - ASCIANO LTD - up four cents at $4.79 Shares in ports operator Asciano have been placed in a trading halt pending an anno..
The Australian share market has closed at a fresh eight-month high, buoyed by resource stocks and investors punting on China undertaking new moves to boost its economy. At 1615 AEST on Thursday, th..
Telstra has put on hold any decision to undertake a share buyback or lift dividends despite reaping billions of dollars from the national broadband network deal (NBN). Australia's largest telco sai..
Fortescue Metals Group has confirmed it will challenge the federal government's new mining tax in the High Court. The iron ore producer also on Thursday said it would lose up to $US150 million ($A1..
Commonwealth Bank boss Ian Narev has set out his vision for Australia's largest bank but refused to put performance targets on his key aims. Almost five months after taking over from Ralph Norris, ..
As gloom grips Australia's retail sector, business is improving for Australian Pharmaceutical Industries (API), with the health, beauty and pharmacy products retailer reporting solid profits and fores..
A roundup of trading on major world markets: NEW YORK - Investors unimpressed by a skein of positive earnings surprises have sold down US stocks, with some nervousness over the eurozone clouding se..
Property developer Stockland will cut executive bonuses after a review of its remuneration policies. The move comes amid renewed scrutiny over short- and long-term incentive packages offered to exe..
Woodside Petroleum has maintained its full year production target and increased its first quarter revenue despite a production dip due to the impact of cyclones. The company on Thursday booked reve..
The Australian share market closed higher in response to positive production numbers from BHP Billiton and after global markets rallied in response to a successful Spanish bond auction. The benchma..
The Australian dollar is around three quarters of a US cent higher after a successful bond auction eased fears about the rising cost of debt for the Spanish government. At 1700 AEST on Wednesday, t..
The Australian economy continues to perform weakly, an industry study has found. The Westpac-Melbourne Institute leading index of economic activity, which indicates the likely pace of activity thre..
Westfield Group will sell eight shopping centres in the United States for $US1.15 billion ($A1.11 billion) so it can pay down debt and invest in developments such as the new World Trade Centre in New ..
Petsec Energy has booked a plunge in first quarter revenue after US production and gas prices fell. The company on Wednesday reported net revenue for the three months to March 31 of $US1.8 million ..
BHP Billiton's latest production figures have met expectations but the miner warns that the effect of strikes at its Queensland coal mines may be substantial. The world's biggest miner on Wednesday..
The Bank of Queensland (BOQ) has outlined it much-anticipated turnaround plan after posting a $90.6 million first half loss. BOQ became the first Australian bank to plunge into the red in nearly tw..
Shares in Grange Resources rose after the iron ore pellet producer reported an improvement in first quarter production from its Savage River mine in Tasmania. Grange shares were up 3.5 cents, or 6...
