Latest Finance News



Pac Brands earnings hit by low sales

Troubled clothing maker Pacific Brands has cut its annual earnings forecasts as warm weather and weak consumer confidence hits sales. The company behind Bonds, Sheridan, Berlei and Hard Yakka now e..

Full Article >

US stocks open a shade lower

US stocks have opened slightly lower, retreating from record highs following a weak earnings report from Radio Shack and Botox maker Allergan's rebuff of a takeover bid by Valeant Pharmaceuticals.Five..

Full Article >

Aussie share market closes higher

The Australian share market has closed higher in the wake of the European Central Bank's economic stimulus measures and ahead of jobs figures to be released in the United States overnight. Also, Ch..

Full Article >

Big four banks lift Aussie market

The Australian share market is higher as the big four banks make a comeback. Bank stocks have been down in the past three days and were due to start climbing again, Commsec market analyst Steven Da..

Full Article >

Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, June 6:ERA - ENERGY RESOURCES AUSTRALIA - down 2.5 cents, or 1.89 per cent, at $1.295The operator of a massive uranium mine in Kakadu Nation..

Full Article >

Aust share market lower ahead of ECB

The Australian share market has closed slightly lower as investors await the outcome of a European Central Bank (ECB) monthly policy meeting overnight. OptionsXpress market analyst Ben Le Brun said..

Full Article >

House sales strongest in five years

Home sales got off to a flying start in 2014, posting their strongest rise in five years.RP Data shows 82,051 houses and 30,417 units were sold in the first three months of the year.The number of home..

Full Article >

Aussie shares fall on poor sentiment

The Australian share market is lower, with consumer and bank stocks taking the biggest hits. Wednesday's strong gross domestic product number has failed to improve investors' confidence in the Aust..

Full Article >

US home price gains slow in April

US home prices rose in April compared with a year earlier, but the increase was the smallest annual gain in 14 months; price gains have slowed this year as sales have faltered. Data provider CoreLo..

Full Article >

Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, June 5: NBL - NONI B - up 17.5 cents, or 44.87 per cent, at 56.5 cents Struggling fashion retailer Noni B has been approached by sev..

Full Article >

Copper plunges on China trading probe

Copper prices recorded their steepest drop in seven weeks on concerns that a Chinese probe into the use of metal for obtaining loans would hurt demand. Chinese authorities are investigating whether..

Full Article >

Aussie share market closes lower

The Australian share market has closed lower as investors shrugged off better-than-expected headline economic growth figures and decided to take profits ahead of a key European Central Bank meeting on..

Full Article >

GDP surge relied on exports

Economic growth in the March quarter was precariously dependent on a surge in exports which is unlikely to be sustained at its current pace. Gross domestic product posted a strong rise of 1.1 per c..

Full Article >

Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, June 4: SAI - SAI GLOBAL - down nine cents, or 1.73 per cent, at $5.11 IT company SAI Global is reviewing its options after a $1.1 ..

Full Article >

Economic growth party set to wind down

Australia's economy got off to a cracking start in 2014, but budget cuts and a drop in consumer confidence look set to dampen the party.Economic growth was 1.1 per cent in the first three months of th..

Full Article >

Aussie share market closes lower

The Australian share market has closed lower as weaker than expected retail figures and uninspiring commentary from the Reserve Bank of Australia (RBA) weighed on investor sentiment. Lonsec senior ..

Full Article >