Campbell Brothers Ltd said on Tuesday that it is positively en route to post a high half-year underlying net profit of $63 million, owing to much better trading conditions and strong outputs contributed by acquired Pearlstreet and Ecowise.
The share market was in positive territory by early afternoon with banks and miners leading the way after the exchange opened lower today.
Commentators suggest Fed board members are currently arguing over whether or not to reintroduce massive monetary stimulus to a flagging US economy to re-stimulate growth.
Rio Tinto shareholders are still likely to refuse the $US116 billion iron-ore joint venture with BHP in the Pilbara, according to Royal Bank of Scotland analysts.
Chinese buyers have put some oomph in the spot uranium market.
Stirling Resources announced on Tuesday that company chief executive Michael Kiernan is set to relinquish his post, paving the way for the resources investment firm and its Austrian financiers to hunt for fresh bloods that would fill up its new management roster.
Tiger Airways announced Monday that passengers without check-in baggage would incur a $10 charge starting July 1 but the airline reminded travellers that such fees could be dodged if they opt to check-in online prior to their flight.
Asian markets have started with an early rebound on Tuesday led by finance and mobile phone makers. Its disclosure that it will buy back shares allowed Tokio Marine Holdings Inc. to gain 1.7 percent. Nippon Telegraph & Telephone Co., on the other hand, rallied 1.2 percent after it reported that its unit NTT Finance Corp. expects its first operating profit in three years.
Engineering company Downer EDI Ltd discloses it has sufficient available funds to liquidate despite reports that the company has withheld payment orders to meet targets for cash flow for the company’s financial accounts at the end of the fiscal year.
Guinness Peat Group's board has been locked in discussions under efforts to save its $1.4 billion proposed demerger.
Japan has recorded an unexpected 5.2 percent increase in its unemployment rate further weakening household spending for the second month.
Futuris Automotive, the largest supplier of Holden, discloses it will be capable of returning a second shift at its Adelaide plant, in line with Holden’s move of resuming afternoon shifts at the automotive factory in Elizabeth.
Wattyl has accepted US based Valspar’s offer for a takeover worth $142 million, ending speculations surrounding the paint maker’s fate.
Mixed economic news from Japan yesterday.Consumer prices fell at a slower pace in May and retail sales rose.But the rate...
Photon Group likes to describe itself as "Australia's largest marketing and communications group"; yesterday it confir...
Good bye Wattyl, hello Valspar.Shares in Wattyl, the much bid for Australian paint group, jumped more than 25% yesterda...
Gindalbie Metals Ltd says its flagship Karara iron ore project in Western Australia's midwest region (near Geraldton) wi...
Wall Street meandered on thin volume last night as investors search for a reason to move either way. Dow down 5.
Ignore anything you may read or hear about new policies, breakthroughs or agreements emanating from the Group of 20 nati...
New prime minister Julia Gillard is rushing to meet a Friday deadline to conclude the damaging debate over the resource super-profits tax.
As trading opens today, analysts polled by the International Business Times said these are the stocks to watch with the biggest potential.
National foods to close Wetherill Park and Cobden sitesNational Foods today advised its workers that the Wetherill Park and Cobden fresh dairy sites will be closed over the next two years, with 280 jobs to be lost.The company will expand its Morwell site in Victoria and Baulkham Hills site in NSW, w...
Victorian fast-food and chain food businesses will be required to put nutritional information on their menus by 2012.Premier John Brumby today announced that all food businesses with 50 or more Victorian outlets, or more than 200 outlets nationwide, would be required to display kilojoule counts next...
The latest plasma market data in the US suggest some IVIG volume growth but brokers have offered mixed reactions.
Australia’s Big Four banks could end the practice of discounting offered mortgage rates to their customers, as they seek to lessen the impact of higher wholesale funding costs.
The Australia 200 CFD Index finished 0.7% lower at 4384.5, with industrial and material names detracting most of the points.
The Australian government has announced it is open for discussions with the mining sector over the controversial resource super profits tax and is anxious to resolve the matter as quickly as possible.
Ford Falcon celebrated its 50th year of inception on Monday as company workers, friends and family gathered in Ford Australia’s Broadmeadows plant in Melbourne to witness the showcasing of Falcon’s evolution, from the initial model XK Falcon down to its latest 2010 limited edition series.
The Housing Industry Association (HIA) is anticipating a sluggish development in new home building by next year as it cited that the government’s slow progress in releasing more lands and the dwindling availability of funds for real estate developers are tempering fresh housing initiatives.
New Prime Minister Julia Gillard seeks a quick agreement with miners over RSPT in order to counterbalance the issue at this year's general election, according to newspapers.
