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Leighton Contractors has taken a big step towards securing a stream of work on Rio Tinto's $18 billion iron ore expansion in Western Australia's Pilbara region. The wholly owned Leighton Holdings s..
The cookie may have crumbled for biscuit maker Unibic Australia but a potential buyer has come to the table, just a day after company was placed into administration. Insolvency firm Lawler Draper D..
Banks dodged a big hit from the Greek debt crisis and rallied on Thursday to lead the stockmarket higher. Strong retail sales and more encouraging news about the US job market also helped stocks rise...
Stocks to watch on the Australian stock exchange early on Friday: LEIGHTON HOLDINGS LTD - down 25 cents at $25.30 An anti-corruption unit of the Iraqi Oil Ministry reportedly is investigating wh..
Woolworths says double-digit growth remains an ambition despite a fall in profit, as it invests heavily in new outlets and markets to tide it over challenging retail conditions. The retailing giant..
The Australian share market closed lower on Thursday as cautious investors searched for an elusive lead. At the 1615 AEDT close, the S&P/ASX200 index was 42.9 points, or 1.0 per cent, lower at ..
Most mortgage borrowers stand ready to switch lenders if banks and other lenders increase interest rates independently of the central bank again. That's the verdict of 77 per cent of 1,504 Australi..
Cashed-up corporate shell Murchison Metals has reshuffled its board in the wake of the one-time iron ore miner's sale of assets to Japan's Mitsubishi. Murchison shares were up one cent, or 2.11 per..
Capital expenditure fell in the last three months of 2011, but it is expected to make a comeback in 2012 as the mining boom continues. New private capital expenditure (capex) fell 0.3 per cent in r..
Economists expect the reserve bank will keep the cash rate steady at its next meeting, citing comments suggesting its benign view of domestic and global conditions. The Reserve Bank of Australia (R..
James Murdoch, the younger son of media tycoon Rupert Murdoch, has resigned from his role as executive chairman of News International, News Corporation's scandal-plagued British newspaper unit. Mr ..
Stocks to watch on the Australian stock exchange early on Thursday: BBG - BILLABONG INTERNATIONAL LTD - up 10 cents at $3.08 Billabong International says it has appointed Sally Pitkin to the boa..
An anti-corruption unit of the Iraqi Oil Ministry is reportedly investigating whether a Leighton Holdings subsidiary paid bribes for information relating to an oil project in Iraq. The allegations ..
Federal Reserve chairman Ben Bernanke's forecast of continued sluggish growth in the US economy for 2012 sent US stocks lower on Wednesday. At the closing bell the Dow Jones Industrial Average was ..
The Australian share market closed higher on Wednesday, boosted by encouraging economic data from Japan and South Korea and slightly stronger retail sales data in Australia. The S&P/ASX200 inde..
Shares in QBE Insurance Group have risen after the insurance giant raised $450 million from institutional investors and sought to raise another $150 million from retail investors. QBE's stock on th..
Analysts are expected to downgrade full year forecasts for WorleyParsons after the engineering company's first half result missed expectations. WorleyParsons on Wednesday delivered an 18 per cent r..
By Garry Shilson-Josling, AAP Economist Construction work and retail trade figures confirm the economy has plenty of weak patches amid the areas of strength from the mining boom. Retail turnover..
Seven Group Holdings shares were stronger at noon after the diversified investments company forecast buoyant full year earnings. Seven Group chief executive Peter Gammell on Wednesday flagged the c..
Shares in consumer goods retailer Harvey Norman fell more than six per cent after the company reported worse than expected sales in an uncertain retail environment. Harvey Norman said net profit af..
Global toll road owner Macquarie Atlas Roads has posted another full-year loss, but says it expects to pay dividends to its shareholders in 2013. The company has interests in six toll roads in the ..
The Dow Jones industrial average on Tuesday finally reclaimed the ground it held before the carnage of the Great Recession - bailouts bank failures layoffs by the million and a stock market panic that..
The Australian share market closed flat after a directionless trading session in the absence of firm leads from offshore markets. The benchmark S&P/ASX200 index was down 4.7 points, or 0.11 per..
Goodman Fielder, one of Australia's largest listed food companies, may be on the verge of a takeover bid from Asian agribusiness giant Wilmar International. Goodman Fielder, the company behind food..
James Hardie shares have fallen after a strong rise in underlying profit still failed to meet market expectations. The fibre-cement maker posted a small rise in sales in its United States and Europ..
