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Stocks to watch on Thursday

EDS: Reissues to correct day reference SYDNEY, Dec 8 AAP - Stocks to watch on the Australian stock exchange on Thursday: ANZ - ANZ BANKING GROUP LTD - up 25 cents at $21.24 CBA - COMMONWEALTH..

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Libya oil back in 2012: OPEC

The head of the Organisation of Petroleum Exporting Countries (OPEC) has described oil prices as "satisfactory" and supply as adequate, while predicting Libyan output will return to pre-conflict level..

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Aussie shares close higher

Australian shares added 0.7 per cent as hopes for a new debt deal in Europe and forecast-beating economic growth data for the September quarter boosted investor appetite. Europe's touted new debt p..

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TPG maintains guidance

TPG Telecom has maintained earnings guidance for fiscal 2012. The telco told shareholders at Wednesday's annual general meeting in Sydney that earnings before interest, tax, depreciation and amorti..

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Titan in joint-venture talks

Oil and gas services company Titan Energy Services made a negative debut on the Australian stock exchange. However, the company says it seeks to expand its equipment hire business and is in early s..

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Atlantic to issue new shares

Vanadium miner Atlantic Ltd will issue new shares to raise $25 million to help accelerate the ramp-up of its Windimurra mine in Western Australia. Shares in Atlantic were down three cents, or 2.5 p..

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Construction activity falls

Australia's construction industry continued to decline in November but at a slower pace, according to a private sector survey. The Australian Industry Group/Housing Industry Association Performance..

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Citigroup to cut 4,500 jobs

US bank Citigroup Inc has announced it is cutting 4,500 jobs in its latest effort to reduce costs. The bank will take a $US400 million ($A391.56 million) charge in the fourth quarter as a result. ..

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Stocks to watch Wednesday

Stocks to watch on the Australian stock exchange on Wednesday: ANZ - ANZ BANKING GROUP LTD - down six cents at $20.99 CBA - COMMONWEALTH BANK OF AUSTRALIA - down 26 cents at $49.70 NAB - NATI..

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Aussie shares decline 1.5%

Australian shares fell 1.5 per cent, breaking a six-day winning streak, as investors took an interest rate cut from the central bank as a signal that the eurozone debt crisis will hurt the local econo..

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More interest rate cuts likely

Borrowers are set to benefit from a second interest rate cut by the central bank in as many months and there could be more to come, economists say.The Reserve Bank of Australia (RBA) on Tuesday decide..

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Current account deficit falls

Economic growth estimates for the September quarter are likely to be trimmed, after the release of data showing strong import growth and a cutback in government spending.A seasonally adjusted current ..

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Woodside land buy invalid

Woodside Petroleum doesn't expect its $30 billion Browse project will be delayed by a court deeming the compulsory acquisition of land for the processing hub as invalid.The West Australian government ..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Monday: ANZ - ANZ BANKING GROUP LTD - up 17 cents at $21.05 Late fees charged on credit cards by ANZ can be characterised as a penalty and may..

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US, European stocks climb

A roundup of trading on major world markets: NEW YORK - A promised plan to restore long term confidence in the euro boosted Wall Street stocks and other risky assets. In afternoon trade, the Dow..

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