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US stocks have traded flat despite the excitement from two giant M&A deals, the merger of American Airlines and US Airways, and Berkshire Hathaway and 3G's takeover of ketchup maker Heinz.Analysts say..
The Australian share market has remained above the 5,000-point mark, boosted by encouraging company earnings reports. At 1615 on Thursday, the benchmark S&P/ASX200 index had risen 33.2 points, ..
Shares in Downer EDI have risen sharply as the engineering firm lifted its profit, resumed paying dividends, and said the $3.6 billion Waratah train project in NSW was now in very good shape. Downe..
Buying electronics from David Jones may become a thing of the past as it focuses on better-performing fashion and beauty categories and ditches DVDs, music and games. The department store chain wil..
Australian shares have opened flat, as investors remain cautious a day after the market closed at its highest level since 2008. At 1030 AEDT on Thursday, the benchmark S&P/ASX200 index was up 2..
The supermarket price wars seem far from over, with Wesfarmers chief Richard Goyder looking to increase Coles' sales and cut costs further.Wesfarmers announced on Thursday that it had increased its fi..
Optus says the telco's strategy is on track despite reporting a fall in third quarter net profit, declining revenue and flat subscriber growth.In a result labelled disappointing by analysts, Optus rep..
General Electric and Comcast have both surged in heavy trade after their $US18 billion ($A17.50 billion) deal over NBCUniversal, with markets closing mixed on an otherwise lacklustre day.Apparently un..
The Australian share market closed at its highest level since 2008 as bank stocks soared on a better than expected profit from Commonwealth Bank (CBA). At the close on Wednesday, the benchmark S&am..
Gloves and condoms maker Ansell insists it can lift full year earnings despite a steep drop in first half profit. Ansell disappointed the market with a 15 per cent fall in net profit to $55 million..
The Australian share market has breifly broken through the 5,000 point mark as a better than expected profit by Commonwealth Bank boosts sentiment. At 1030 AEDT on Wednesday, the benchmark S&P/..
Noni B is confident of an earnings turnaround and will continue to open new stores, despite a drop in first half profit and aggressive discounting in the retail sector.The women's retail fashion group..
Property group Stockland is offloading struggling residential and commercial office assets after announcing a $147.1 million interim loss.The result for the six months to December 31 is a deterioratio..
AGL Energy shares climbed after the Federal Government was forced to admit it would approve the first stage of a new coal seam gas (CSG) project in NSW. Federal Environment Minister Tony Burke on M..
Blood products and vaccine supplier CSL is on track to lift its full year profit 20 per cent after a bumper interim result.Presenting his final set of results before leaving the company he has headed ..
Commonwealth Bank says its home loan rates could be cut independently of cash rate movements, as improving economic conditions helped it post another record profit.Australia's largest home lender made..
Building products maker Boral is banking on further recovery for US housing but says the Australian market is too volatile to predict.The company reported a net loss for the six months to December 31 ..
The Dow blue-chip stock index has climbed back above 14,000 to a fresh five-year high as markets await President Barack Obama's State of the Union address.The Dow Jones Industrial Average gained 47.46..
The Australian sharemarket finished flat on Tuesday after the All Ordinaries index pushed through the significant 5000 point barrier earlier in the day. At the close on Tuesday, the benchmark S&..
Shares in Whitehaven Coal have gained almost 10 per cent after its Maules Creek mine in NSW received conditional environmental approval. Days after saying a decision on environmental approval had b..
Commonwealth Bank is expected to post another bumper profit for the first half of the financial year, and shareholders are set to be the big winners.Analysts expect Australia's largest home lender to ..
French cosmetics giant L'Oreal says its net profit rose by 17.6 per cent last year to 2.87 billion euros ($A3.74 billion) and it expects to top the performance in 2013. Sales rose by 10.4 per cent ..
Gains by the major banks have pushed the Australian share market toward the 5,000 point level. At 1042 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 16.3 points, or 0.33 per cent, at 4..
US stocks have closed barely lower, with buyers finding little fresh inspiration after last week's five-year highs to offset a fall in energy shares. At the closing bell on Monday, the Dow Jones In..
The Australian share market closed lower, led down by falls in mining-related sectors. At 1615 AEDT on Monday, the benchmark S&P/ASX200 index was down 11.8 points, or 0.24 per cent, at 4,959.5 ..
