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Ten to sell Eye Corp for up to $145m

Ten Network Holdings has agreed to sell outdoor advertising business Eye Corp to Outdoor Media Operations for up to $145 million.

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Google profits surge on ad revenue

Google reports an 11 per cent surge in quarterly profit to $US2.79B, with consolidated revenue climbing 35 per cent to $US12.21B on last year.

Full Article

First ever loss for Microsoft

Microsoft posts its first ever loss, shedding $US492m, due to an accounting requirement writedown, while the company records a $US16.98b profit.

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US stocks score third day of gains

US stocks rise for the third straight day buoyed by good earnings reports and despite disappointing economic data.

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Etihad gets all clear for 10% Virgin stake

Etihad Airways says it's received the all clear to increase its equity stake in Virgin Australia to 10 per cent.

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Woodside and Santos production results boost Aussie share market

The Australian share market has closed higher after good production reports from oil and gas firms Woodside Petroleum and Santos.

Full Article

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