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The Australian share market followed negative offshore leads to edge lower after disappointing economic data from debt-riddled Europe. The benchmark S&P/ASX200 index was down 6.9 points, or 0.1..
The push for more business and corporate travellers has lifted Virgin Australia's first half profit past that of rival Qantas Airways and sent the stock to a three-month high. Virgin said net profi..
Gambling firm Tatts Group says it is interested in acquiring lotteries in South Australia and Ireland. Tatts said on Thursday that higher earnings from its lotteries operations helped lift net prof..
BHP Billiton is the latest Australian company to flag possible job cuts because of the strength of the Australian dollar. The global miner has decided to suspend work at its manganese alloy plant i..
Newspaper publisher Fairfax Media has launched a three-year $170 million savings program that will probably involve more job losses. Fairfax chief executive Greg Hywood said the company's first hal..
APN News and Media is attempting to reverse its poor fortunes by switching focus to the fast-growing outdoor advertising market, as newspaper earnings dwindle. Outdoor advertising was the big earne..
Transport and logistics group Toll Holdings expects economic conditions in the Australian retail and industrial sectors to remain challenging. Toll, which in past years has been highly acquisitive,..
Energy producer and retailer Origin Energy has posted a first half net profit of $794 million compared to a $136 million loss for the previous corresponding period. The profit is also higher than i..
Stocks to watch on the Australian stock exchange early on Thursday: AIO - ASCIANO LTD - up 15 cents at $4.78 Ports and rail operator Asciano says it expects higher earnings in the second half of..
Suncorp will hike insurance premiums to offset claims costs and lower investment returns after Melbourne's Christmas Day hailstorms topped off the company's worst year for natural disasters. Speaki..
The continuing migration of job advertisements to the web and growth of its Chinese and education businesses helped online jobs website SEEK to a record first half profit. However, chief executive ..
Beverages supplier Coca-Cola Amatil (CCA) says markets in Indonesia and Papua New Guinea are its strongest performers, and boosting investments there will be a high priority in 2012. CCA said on We..
An expansion into flight bookings has paid off for online travel company Wotif.com Holdings, lifting its first half profit to record levels. Wotif's net profit for the six months to December 31, 20..
Woodside Petroleum has met analyst expectations with a full year net profit of $US1.507 billion ($A1.42 billion) and is assessing acquisition opportunities that may be funded with cashflow from the Pl..
Seven West Media chief executive David Leckie says a 40 per cent share of the lucrative free-to-air metropolitan television advertising market is within reach. Mr Leckie was asked during the televi..
Wage growth is restrained and should not put any significant pressure on inflation nor stand in the way of a future rate cut, economists say. Total hourly rates of pay, excluding bonuses, rose by a..
The Dow Jones Industrial Average topped 13,000 for the first time since May 2008 before falling back to close flat on Tuesday, in a bumpy day spurred by news of a long-awaited new bailout for Greece. ..
The debt swap between Greece and its private sector creditors will be held on March 12, a Greek finance ministry source says after a eurozone debt bailout deal was reached in Brussels. "The debt ex..
Stocks to watch on the Australian stock exchange early on Wednesday: AAI - ALCOA LTD - last traded at $10.50 Alcoa says it is not seeking to relocate staff en masse to a new plant in Saudi Arabi..
Flight Centre has upgraded its profit guidance as its Australian, UK and Dubai units posted strong growth and a strong local currency increased outbound travel. The travel agency group said on Tues..
The mining boom has propelled engineering firm Monadelphous's earnings to record levels as it posted a 26 per cent rise in first half profit. The company won $1.4 billion in new contracts during th..
Internet service provider iinet says it welcomes recent pricing moves by the competition regulator to open up the national broadband network to all players. However, the company, which on Tuesday r..
An agreement for a second bailout deal for Greece buoyed the Australian share market, with all market sectors moving into positive territory as investor confidence strengthened. At 1615 AEDT, the b..
After cost blowouts and delays in the Waratah Train project, Downer EDI's financial woes with the $3.6 billion taxpayer-funded rail project may now be behind it. The train manufacturer and engineer..
Steelmaker OneSteel expects a better second half result following a $74 million interim net loss, and has flagged job cuts as well as a name change to reflect its increasing focus on mining. OneSte..
