Latest Finance News



ALS shares power higher

Investors in analytical testing services group ALS have shrugged off a drop in annual profit and dividend payouts to push the stock up more than eight per cent. ALS' net profit fell by nearly a thi..

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Suncorp shares slump on writedown woes

Suncorp boss Patrick Snowball has ruled out getting rid of the financial services group's troubled life insurance business despite it facing a $500 million writedown.Shares in Suncorp sank more than t..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street markets were closed on Monday for the Memorial Day public holiday. On Friday the Dow Jones Industrial Average was 63.19 points..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, May 27: SAI - SAI GLOBAL LTD - up 73 cents, or 17.06 per cent, at $5.01 Private equity group Pacific Equity Partners has launched a $..

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Aussie stocks close above 5500 points

The Australian share market has pushed back above the 5,500 mark amid a quiet trading session that was buoyed by last week's gains on overseas markets. The market has been flirting with the 5,500 b..

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Gold output off to a slippery start

Gold production in Western Australia's goldfields region has got off to a weak start for the year, with wet weather wreaking havoc at several mines. Output dropped seven per cent to 68 tonnes betwe..

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Aust stocks push through 5,500 mark

The Australian share market is higher after positive leads from Wall St last week, but the opening gains have slowed. Investors appear unwilling to push the market beyond the 5,550 mark, Invast chi..

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Aussie share market closes higher

The Australian share market has closed slightly higher as investors bide their time ahead of developments in the US and Europe. IG market analyst Evan Lucas said investors were waiting for the rele..

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Peters ice-cream set to go French

The Drumstick and Choc Wedge ice-cream could be about to go the way of iconic Australian brands Victoria Bitter and Victa Lawnmowers and be sold overseas. The world's second largest ice-cream produ..

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Spotless makes strong return to market

Cleaning and catering services firm Spotless Group has made a strong return to trading on the Australian Securities Exchange.Spotless shares opened at $1.75, 15 cents above their issue price of $1.60,..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, May 23: CTX - CALTEX AUSTRALIA - up 40 cents, or 1.8 per cent, at $22.30 Caltex Australia will sell four petrol stations to win approv..

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Good manufacturing data weigh on bonds

The Australian bond market is flat after some positive manufacturing data improved market sentiment.Chinese manufacturing activity hit a five month high in May and US factory output growth in May hit ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks finished higher following mixed US economic data as a closely watched index of small-cap equities outperformed the broader..

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Stocks to watch at lunch

Stocks to watch on the Australian stock exchange at noon on Thursday: CTX - CALTEX AUSTRALIA - up 50 cents, or 2.3 per cent, at $22.40 Caltex Australia will sell four petrol stations to win appr..

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