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Aussie stocks close lower

Australian shares eased after overseas markets, including Wall Street, fell overnight following weak economic data from Europe.

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Virgin doubles its interim profit at $24m, beats Qantas

Virgin Australia's chase for corporate travellers had improved yields and resulted in a doubling of first half net profit.

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Tatts keen to win South Australian, Irish lotteries

Tatts says higher earnings from its lotteries operations helped lift net profit for the first half of the 2011/12 financial year by 11 per cent.

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Jobs at risk at BHP plant

The jobs of 330 workers at a BHP Billiton plant in northern Tasmanian could be under threat as the mining giant reviews its operations there.

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Fairfax’s profit down 44%

Newspaper publisher Fairfax Media has launched a three-year $170 million savings program amid a 44 per cent fall in first half profit.

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APN Media reports a loss, switches focus to outdoors

APN News and Media is hoping significant investment in outdoor advertisements can help them recover from a tough 2011.

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