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Asciano says Linfox deal extension to generate $400m

Asciano says a five-year extension of a contract with Linfox will generate up to $400 million in revenue.

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US stocks slump after consumer credit falls

A decline in consumer credit has helped push US stocks lower as investors await the Federal Reserve's meeting to see if there will be stimulatory measures.

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Aussie share market closes higher

The Australian share market has lifted slightly on expectations that the US and China will take further measures to boost their economies.

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Pacific Brands puts executive pay on ice

Struggling clothing maker Pacific Brands has frozen executive pay and incentives after its losses blew out to $450.7m.

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Aussie bonds close higher on hopes for more US stimulus

Australian bond futures prices have rallied as investors look towards a key meeting of the US Federal Reserve this week.

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F&P Appliances shares soar to four-year high on bid expectation

The prospect that China's Haier will buy the shares it doesn't already own in F&P Appliances drove F&P's shares higher.

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