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Caltex Australia has pleased the market by forecasting a return to full-year profit in 2012 but a slowdown in its marketing business has raised concerns. The fuel marketer and refiner forecast an o..
Stocks to watch on the Australian stock exchange on Wednesday December 14 BOQ - BANK OF QUEENSLAND - down seven cents or 0.97 per cent to $7.16 Bank of Queensland is optimistic about a recovery ..
US stocks closed lower on Thursday under a cloud of fiscal cliff concerns that overshadowed a batch of somewhat positive economic data on jobs, retail sales and inflation. The Dow Jones Industrial ..
Australian stocks have closed flat after a directionless day's trade, with gains among the big miners offset by weakness in the consumer staples sector. At 1615 AEDT on Thursday, the benchmark S&am..
Shares in Iluka Resources plunged after the mineral sands miner revealed sales of one of its key products almost stopped in the second half of the year. Iluka posted a surprise update to the Austra..
National Australia Bank (NAB) has dodged a first strike over executive pay, but shareholders are unimpressed with moves to rein in bonuses as the bank's UK business languishes. Key directors surviv..
The Reserve Bank's interest rate should be cut in the new year to boost ailing consumer and business confidence, Westpac chief executive Gail Kelly says. But the weak economic conditions are not ha..
US food processing giant Archer Daniels Midland (ADM) has had its second takeover knockback from Australia's GrainCorp in a month. The grains marketer on Thursday said it had rejected ADM's sweeten..
Global giants ExxonMobil and BHP Billiton will spend $1 billion upgrading the Longford gas plant in Victoria in a project that will create about 250 construction jobs. The 43-year-old plant supplie..
Australian sales of new motor vehicles, seasonally adjusted, in November were virtually unchanged on the previous month's figures, official data shows. In the month, 95,748 new vehicles were sold, ..
Stocks to watch on the Australian stock exchange on Thursday December 13 AQA - AQUILA RESOURCES LTD - up 31 cents, or 12.7 per cent, at $2.75 Aquila said arbitration for its West Pilbara Iron or..
US stocks closed mostly flat on Wednesday after the Federal Reserve announced, as expected, an expansion of bond purchases to support the sluggish economy. After a surge on the Fed's announcement o..
The Australian share market closed at its highest level in one and a half years as investors piled into mining stocks following strong gains overseas. At the close on Wednesday, the benchmark S&..
Investors disappointed with Coca-Cola Amatil's (CCA) profit estimates for 2012 have sent the beverage group's shares to a two-week low. CCA said on Wednesday net profit before significant items for..
Australian house prices are set to rise in 2013 as increased affordability and interest rate cuts entice buyers into the market. The latest snapshot of the national property sector shows prices dip..
BHP Billiton has rid itself of looming risks with the controversial $30 billion Browse gas project after deciding to sell its interest to oil and gas giant PetroChina. PetroChina International Inve..
The new boss at casinos operator Echo Entertainment has made repairing the group's damaged relationship with the NSW government one of his top priorities. John Redmond, an American and former senio..
Gloom has set in among Australian consumers and businesses in the lead up to Christmas, fuelling hopes of further interest rate cuts to boost confidence in 2013. The Westpac/Melbourne Institute Ind..
Anglo-Australian mining giant Rio Tinto says it has sold its majority stake in South African copper producer Palabora for $US373 million ($A356 million) to Chinese and South African interests. A bi..
Outdoor adventure retailer Kathmandu has appointed former Tesco executive Christine Cross to its board. Ms Cross is currently a director of supermarket giant Woolworths and has had extensive experi..
Stocks to watch on the Australian stock exchange on Wednesday December 12 LYC - LYNAS CORPORATION - last traded at 60.5 cents Lynas shares will resume trading on Wednesday morning after making a..
US stocks finished solidly higher on Tuesday, with gains in Apple, Google and Intel boosting the tech-rich Nasdaq. Also helping were gains in Europe's markets on the back of a surge in German inves..
The Australian market closed at its highest level for 2012, with stronger commodity prices led to gains for the mining giants. At the close on Tuesday, the benchmark S&P/ASX200 index was 18.1 p..
Australia's hiring pace is expected to remain at its lowest level in over three years, research shows. The Manpower Employment Outlook Survey for first quarter 2013 shows that employer hiring inten..
A small Australian superannuation fund has achieved top marks in a survey which otherwise reveals "reckless mismanagement" and poor disclosure of climate change risks in the portfolios of the world's ..
