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Santos has flagged that it could return more cash to shareholders through higher dividends. The oil and gas producer plans to review its dividend policy as its liquefied natural gas joint venture i..
Despite everything you've heard, the federal government is expected to announce a budget surplus on Tuesday. The catch is, we'll have to wait another four years for it. The median forecast for t..
Rio Tinto has copped a serve from its shareholders for what they see as miserly dividend payouts from the mining giant.Richard Giles from the Australian Shareholders Association told Rio Tinto's annua..
Monthly jobs growth continues to bounce up and down like a super ball - but the ball is bouncing higher.Total employment rose by 50,100 in April, pushing the unemployment rate down 0.1 per cent to 5.5..
Property group Mirvac says it is on track to meet its full year financial guidance after a review of its business.The company still expects to achieve earnings per security of between 10.7 cents and 1..
Shares in Billabong have been suspended from trading as the struggling surfwear retailer continues talks over a possible takeover or other transaction.Billabong requested the suspension from trading o..
More rate cuts are on the horizon after National Australia Bank joined its wealthy rivals with a $2.9 billion six month profit.NAB was the first to pass on the central bank's rate cut to borrowers ear..
US stocks Thursday edged lower after recent record-setting gains, despite a favourable report on jobless claims.Five minutes into trade, the Dow Jones Industrial Average dropped 1.99 (0.01 per cent) t..
The Australian share market has closed at its best level in almost five years, driven by record US market highs and positive Chinese trade data.Resources stocks led the Australian market up near the 5..
Toyota says its full-year net profit has more than tripled to $US9.7 billion ($A9.57 billion).The world's largest car maker also said on Wednesday it is on track for another soaring profit in the curr..
Shares in Seven West Media have leapt 10 per cent after the company exceeded expectations on cost cuts and chief executive Don Voelte said the media group was placed to improve next year.Mr Voelte, a ..
Drugs wholesaler and pharmacy services provider Sigma Pharmaceuticals expects to keep paying out a large proportion of its profits to shareholders.Sigma owns the Amcal, Guardian and Amcal Max pharmacy..
The Australian share market was firmer at noon as the mining giants outperformed the market, and gained another boost from positive Chinese trade data.BHP Billiton was up 1.26 per cent, or 43 cents, t..
Holden insists it will keep making cars in Australia despite reporting a $153 million loss as motorists steer away from locally built cars.More than 1.1 million vehicles were sold last year, yet deman..
Fortescue Metals Group is trying to boost its permanent Aboriginal workforce as the company moves from a construction phase into production.The Pilbara iron ore miner says more than one in 10 Fortescu..
Disney has topped analyst expectations as revenue gains at its parks and movie studio led to a 32 per cent increase in net income during the January-March quarter.Net income grew to $US1.51 billion ($..
Mining giant BHP Billiton will raise $734 million by issuing bonds in Canada.BHP is issuing $C750 million worth of bonds, with the proceeds to be used to refinance debt, the company said.
The blue-chip Dow Jones Industrial Average has closed above 15,000 for the first time as investor optimism about the US economy bolstered equities like Caterpillar. The Dow jumped 87.31 (0.58 per c..
The Australian share market closed lower but recovered some ground after the Reserve Bank cut the cash rate to a record low. The banks were being sold leading into the surprise interest rate move a..
Four of Australia's five biggest banks have passed on the central bank's quarter of a percentage point rate cut in full. NAB was the first to move, and maintained its leading position on standard v..
Tokyo stocks have soared, closing at their highest level in almost five years with the market driven by a weakening yen and after Wall Street hit fresh all-time highs on solid jobs data.The benchmark ..
The Reserve Bank of Australia has cut the cash rate to 2.75 per cent at its May board meeting, in a effort to boost economic growth in Australia, which is still below trend. In 2012 the central ban..
The Australian dollar is about a third of a US cent lower ahead of the central bank's monthly interest rate decision. At 1200 AEST on Tuesday, the currency was trading at 102.44 US cents, down from..
Stocks to watch on the Australian stock exchange at noon on Tuesday: BBG - BILLABONG INTERNATIONAL LTD - in trading halt, last traded at 45.5 cents Shares in troubled retailer Billabong are in a..
Law firm Slater and Gordon hopes to raise $60 million to expand its business in the United Kingdom. Shares in the company will remain in a trading halt after jumping 10 per cent before the capital ..
