Latest Finance News



Winners and losers of 2011

Stellar investor returns were few and far between in 2011, but some shareholders still managed to achieve double-digit gains or better. With the Australian share market shedding about 15 per cent i..

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US, European stocks slide

A roundup of trading on major world markets: NEW YORK - US stocks edged lower in afternoon trading with bank stocks leading the way down. Stocks opened higher Monday but soon fell after an hour ..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: BBG - BILLABONG INTERNATIONAL LTD - down $1.61 at $2.03 Retail shares have taken a pounding as a profit warning from surfwear giant B..

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Aussie shares at 3-week low

Australian shares ended at a three-week low as the death of North Korean leader Kim Jong Il brought more uncertainty to a market already riled by a slump in the share price of domestic retailers. I..

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ALH Group buys 31 pubs

Woolworths' hotel group has purchased 31 hotels in NSW from the Laundy, Waugh and De Angelis Groups. The ALH Group said on Monday it has signed long term leases for and acquired the businesses and ..

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Superannuation values fall

Superannuation funds have posted their worst performance since the height of the global financial crisis in 2008 as the eurozone's debt problems cut returns from capital markets. The fall in super ..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday: ANZ - ANZ BANKING GROUP LTD - up 15 cents at $20.93 CBA - COMMONWEALTH BANK OF AUSTRALIA - up 50 cents at $49.13 NAB - NATIONAL AUS..

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US, European stocks mixed

A roundup of trading on major world markets: NEW YORK - US stocks have finished mostly higher as investors digested tame US inflation data and a weak market debut of social games giant Zynga. Th..

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US, European stocks rise

A roundup of trading on major world markets: NEW YORK - US stocks rose on Thursday as signs of strength in the economy and higher-than-expected profit at FedEx outweighed a stark warning from the I..

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Aussie shares at 2-week low

Australian stocks fell to a two-week low as poor data out of Asia and the growing prospect of a recession in Europe sent investors running for cover. Stocks closed lower for the fifth day out of si..

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Hastings rejects takeover

Gas pipeline owner Hastings Diversified Utilities Fund (HDF) has rejected a surprise takeover offer by APA Group but says it's still open to a higher bid. APA Group, Australia's largest gas pipelin..

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BlueScope in trading halt

BlueScope Steel says retail shareholders took up less than half of the new shares available under a $600 million capital raising share offer. Institutional shareholders took up more than 830 millio..

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