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The European Central Bank revealed Monday that it splashed out 22 billion euros ($A30.44 billion) last week - more than it has ever done before - propping up the bond markets of Italy and Spain. Ne..
US stocks rallied on Monday, erasing last week's losses, after a raft of big merger and acquisition announcements spurred buying momentum. The Dow Jones Industrial Average leapt 213.88 points (1.90..
Qantas Airways has set a five-year target to return its struggling international operations to profitability.The airline announced on Tuesday it was cutting some long-haul flying, deferring orders of ..
Australian shares closed sharply higher, extending earlier gains in the day, led by bargain hunters on the back of positive company results.At 1615 AEST on Monday, the benchmark S&P/ASX200 index was u..
Leighton Holdings is confident of turning a $1 billion full year profit within five years after having its tail feathers "bloody well burnt" to the tune of $400 million in fiscal 2011. Shares in Au..
Newcrest Mining has delivered a record full-year profit and is bullish about the continuing strength of the soaring gold price. Australia's biggest gold miner also said on Monday that it was pressi..
Internet service provider iiNet Ltd's annual profit fell three per cent, but recent acquisitions and rising customer numbers are expected to drive profit growth in the year ahead.iiNet's net profit fo..
Engineering firm UGL says the strong Australian dollar has been a drag on earnings even though it managed to lift profits because of the mining boom.The lift was the 10th consecutive financial year UG..
Sales of new motor vehicles in Australia rose 8.6 per cent in July, official data shows.The Australian Bureau of Statistics (ABS) said on Monday that new vehicle sales rose to 84,733 units in July, se..
Ansell has reported a 2.7 per cent rise in full year profit to $122.7 million for the 12 months to June 30 despite a 0.6 per cent slip in revenue to $1.228 billion.It cheered investors with a forecast..
Stocks to watch on the Australian stock exchange today Monday:NCM - NEWCREST MINING LTD - down one cent at $40.73Newcrest Mining is expected to post a 96 per cent leap in underlying profit as stronger..
The Australian economy is in "pretty sound shape" but it should be stronger, even as concerns grow about the United States falling into recession, the Commonwealth Bank says.Ralph Norris, chief execut..
Australian shares were higher at noon, extending gains from the morning as institutional traders took advantage of a brief reprieve from last week's market volatility.But the market could decline even..
The Australian market closed higher on Friday but whittled back earlier strong gains on profit-taking. Investors took advantage of stronger performers after a week of extreme volatility on global m..
oOh!media Group Ltd has announced a 36 per cent improvement in first half net profit on the strength of regional and retail billboard advertising.The specialist outdoor advertising company said net pr..
Westfield is making the second foray into a new market in a week, spending $160 million to buy into a development site in the northern Italian city of Milan for a regional shopping centre.Westfield sa..
Australian gambling companies are expected to report modest growth in earnings this reporting season as consumers rein in their discretionary spending and casino operators face tough competition from ..
Australia's securities watchdog is calling for greater disclosure of the extreme risks of an investment product marketed at Mum and Dad investors. Contracts for difference (CFD) allow the holder to..
The Australian share market opened strongly on Friday, following rebounds overnight in Europe and on Wall Street, ahead of what is tipped to be a quiet day of trading. At 1015 AEST, the benchmark S..
India's exports in July jumped by a record 81.8 per cent year-on-year to $US29.3 billion ($A28.86 billion) due to the improved performance of sectors like engineering, petrochemical products and gems ..
France, Italy, Spain and Belgium are banning short-selling amid efforts to calm market turmoil that has sent bank shares gyrating wildly and aggravated worries about Europe's huge debts. The Europe..
Stocks to watch on the Australian stock exchange on Friday:AWC - ALUMINA LTD - down 11 cents at $1.79Alumina recorded a 53 per cent increase in first half profit, but the aluminium maker's stocks slum..
US stocks made another dramatic comeback after a stunning fall on Thursday, in another day of extreme volatility in markets around the world. The Dow Jones Industrial Average battled back from Wedn..
The Australian share market recovered from earlier heavy loses to close flat after a better than expected profit from Telstra offset negative offshore leads.At 1615 AEST, the benchmark S&P/ASX200 inde..
Telstra shares gained $2 billion in value as the telco reported strong customer growth and forecast improved revenue and earnings in the year ahead.Despite a 17 per cent drop in net profit, Telstra be..
