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Foxtel is confident it can again achieve growth this financial year aided by its $600 million plus AFL deal, despite consumer uncertainty creating a tough market for pay TV.The AFL is expected to earn..
Australia's unemployment rate rose to 5.1 per cent in July, official figures show.The June figure was an unrevised 4.9 per cent.Total employment was steady at 11.450 million in the month.Full-time emp..
Online travel agent, Webjet Ltd, has lifted annual profit by five per cent, and says it expects to double the result in the current year. Webjet reported on Thursday net profit of $11.006 million, ..
The United States notched up a fourth straight month of declining deficits in July compared with a year ago, according to official data released Wednesday. The US government's budget shortfall for ..
The Australian dollar was trading close to two US cents lower on Thursday morning, after rumours of bad economic news out of France sparked a global sell-off.At 0700 AEST on Thursday, the Australian d..
Stocks to watch on the Australian stock exchange on Thursday:CBA - COMMONWEALTH BANK OF AUSTRALIA - up 95 cents at $48.23Commonwealth Bank of Australia (CBA) says the outlook for year ahead is modest ..
The Australian stockmarket has recovered from a weak opening to be trading marginally higher before noon. The local bourse opened 1% lower this morning after another horror night in foreign bourses..
Alumina Ltd recorded a 53 per cent increase in first-half profit but the aluminium maker's stocks slumped after failing to meet broker's estimates.There are also concerns about long-term demand for al..
China's politically sensitive trade surplus expanded to $US31.48 billion ($A30.36 billion) in July as exports rose by a fifth to hit a new record high. Exports were up 20.40 per cent year on year t..
Developer Stockland is banking on a resumption in consumer spending to drive earnings growth and says Australia's cooling house prices won't result in a market correction. Stockland said on Wednesd..
Commonwealth Bank of Australia (CBA) says the outlook for year ahead is modest due to weak demand for loans and global market volatility.CBA's somewhat restrained outlook came after the bank reported ..
Share registry services provider Computershare says it is cautious about its outlook for the current financial year due to market volatility. Computershare on Wednesday reported a 10.4 per cent fal..
The US Federal Reserve guaranteed super-low interest rates for two more years - an unprecedented step to arrest the alarming decline of the stock market and the economy. Wall Street roared its appr..
Stocks to watch on the Australian stock exchange on Wednesday:BKN - BRADKEN LTD - down 19 cents at $7.50Mining and rail equipment maker Bradken has reported a decline in full year net profit but flagg..
The head of the European Central Bank Jean-Claude Trichet on Tuesday called on Italy and Spain to hasten their return to "normal" budgetary situations and on leaders of the wider eurozone to speed up ..
US stocks rebounded strongly on Tuesday, with the Dow jumping nearly four per cent after plummeting Monday on the shock of Standard & Poor's downgrade of the US credit rating. The Dow Jones Ind..
Australian shares closed 2.7 per cent higher, extending their remarkable turnaround the day before, as the market held on to gains triggered by a positive overnight session on Wall Street.On Wednesday..
Retail king Gerry Harvey has warned that many retailers may close their doors for good as the toughest conditions in half a century get worse.Mr Harvey's bleak outlook came as Harvey Norman announced ..
National Australia Bank (NAB) is on track to deliver an annual cash profit higher than $5.5 billion after strong June quarter earnings emphasised the return of margin growth for the bank. Australia..
Extreme volatility rocked the Australian share market, but positive Chinese economic data reversed a horror start triggered by panic selling across the globe.The domestic market was down more than fiv..
Hearing implant company Cochlear says it will continue to expand its business worldwide after shrugging off difficult global financial conditions to report a record profit. The company, which opera..
Debt-laden Centro Properties Group will consolidate its complicated funds structure into a new, publicly listed $7 billion shopping centre owner and manager. The detailed plan involves the cancella..
Leighton Holdings says it will sell a mining services provider based in Western Australia's Pilbara region to BHP Billiton for about $705 million.Leighton said it had signed a heads of agreement for t..
Coca-Cola Amatil's (CCA) first half profit has slumped nearly 28 per cent as it was forced to restructure its struggling SPC Ardmona (SPCA) business in Victoria at a cost of 150 jobs.The soft drink su..
Commonwealth Bank of Australia has cut interest rates on its fixed rate home loans by up to 60 basis points.Australia's largest lender said the fixed rates for its one to five year products will now r..
