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Developer Stockland is banking on a resumption in consumer spending to drive earnings growth and says Australia's cooling house prices won't result in a market correction. Stockland said on Wednesd..
Commonwealth Bank of Australia (CBA) says the outlook for year ahead is modest due to weak demand for loans and global market volatility.CBA's somewhat restrained outlook came after the bank reported ..
Share registry services provider Computershare says it is cautious about its outlook for the current financial year due to market volatility. Computershare on Wednesday reported a 10.4 per cent fal..
The US Federal Reserve guaranteed super-low interest rates for two more years - an unprecedented step to arrest the alarming decline of the stock market and the economy. Wall Street roared its appr..
Stocks to watch on the Australian stock exchange on Wednesday:BKN - BRADKEN LTD - down 19 cents at $7.50Mining and rail equipment maker Bradken has reported a decline in full year net profit but flagg..
The head of the European Central Bank Jean-Claude Trichet on Tuesday called on Italy and Spain to hasten their return to "normal" budgetary situations and on leaders of the wider eurozone to speed up ..
US stocks rebounded strongly on Tuesday, with the Dow jumping nearly four per cent after plummeting Monday on the shock of Standard & Poor's downgrade of the US credit rating. The Dow Jones Ind..
Australian shares closed 2.7 per cent higher, extending their remarkable turnaround the day before, as the market held on to gains triggered by a positive overnight session on Wall Street.On Wednesday..
Retail king Gerry Harvey has warned that many retailers may close their doors for good as the toughest conditions in half a century get worse.Mr Harvey's bleak outlook came as Harvey Norman announced ..
National Australia Bank (NAB) is on track to deliver an annual cash profit higher than $5.5 billion after strong June quarter earnings emphasised the return of margin growth for the bank. Australia..
Extreme volatility rocked the Australian share market, but positive Chinese economic data reversed a horror start triggered by panic selling across the globe.The domestic market was down more than fiv..
Hearing implant company Cochlear says it will continue to expand its business worldwide after shrugging off difficult global financial conditions to report a record profit. The company, which opera..
Debt-laden Centro Properties Group will consolidate its complicated funds structure into a new, publicly listed $7 billion shopping centre owner and manager. The detailed plan involves the cancella..
Leighton Holdings says it will sell a mining services provider based in Western Australia's Pilbara region to BHP Billiton for about $705 million.Leighton said it had signed a heads of agreement for t..
Coca-Cola Amatil's (CCA) first half profit has slumped nearly 28 per cent as it was forced to restructure its struggling SPC Ardmona (SPCA) business in Victoria at a cost of 150 jobs.The soft drink su..
Commonwealth Bank of Australia has cut interest rates on its fixed rate home loans by up to 60 basis points.Australia's largest lender said the fixed rates for its one to five year products will now r..
The perfect storm has broken. The headwinds of the S&P ratings downgrade have collided with the vortex which the Euro-debt disaster has been and these have merged with the potential for a US doubl..
The Australian stockmarket is expected to open lower Tuesday, suffering another day of decline after more carnage in the US overnight. The Dow Jones Industrial Average plummeted 4.4 per cent on Mon..
The price of gold streaked past $US1,700 ($A1,632.18) an ounce for the first time on Monday.Anxious investors sought safety in the metal as stocks tumbled around the world after the US lost its AAA cr..
Mining giant Rio Tinto has moved to take advantage of plummeting global sharemarkets, offering to buy the coal miner it already mostly owns.The informal bid for Coal & Allied is viewed by market playe..
A well-developed branch network and strong credit growth drove a 41 per cent profit increase for Bendigo and Adelaide Bank, setting a good omen for upcoming earnings reports from the banking sector. ..
Job advertisements have declined in July, suggesting employment growth will moderate in months to come, a survey shows. Total job advertisements on the internet and in major metro newspapers fell 0..
Shares in Gunns Ltd have been suspended from trading while the woodchipper considers the implications of the $276 million forestry agreement signed between the Tasmanian and federal governments.Gunns ..
Argo Investments Ltd has increased full year profit by 11.8 per cent and says it is ready to take advantage of buying opportunities as they come along. Net profit rose to $172.06 million for the 12..
Stocks to watch on the Australian stock exchange on Monday:ARG - ARGO INVESTMENTS LTD - down 33 cents, or six per cent, at $5.14Argo Investments to release its full year results on Monday.BEN - BENDIG..
