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Graincorp profits fall 34% amid takeover

Graincorp says an end of bumper harvests contributed to a 34 per cent drop in profits, as foreign investment regulators consider a US takeover bid.

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US stocks hit fresh record highs

US stocks have closed at an all-time high.

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Australian shares close weaker

The Australian share market closed lower on Wednesday, dragged down by the big miners on concerns about China and lower commodity prices

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Viridian drags down CSR bottom line

Building products supplier CSR has made a statutory net loss of $147 million, dragged back by a struggling construction sector.

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Dexus sells 5 of its 6 European properties

Property group Dexus says it has sold five of its six remaining European properties for 16.5 million euros, and it's sixth is being marketed for sale.

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UGL blames resource slowdown for downgrade

Engineering firm UGL blames the resources and infrastructure slowdown for downgrading its full year earnings guidance.

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