BUSINESS

Ansell restructures for growth strategy

Healthcare and industrial products maker Ansell Ltd has created four global business units as a result of its company-wide review, and consequent efforts to grow through acquisitions.

Australia 200 To Catch Up

Michael McCarthy, Head of Dealing Asia Pacific at City Index suggests traders should consider buying into the share market for a catch up to the global return of risk appetite.

BHP quiet on MRRT impact

BHP Billiton Ltd has declined to reveal the total effective tax it will pay under the Gillard government's mineral resource rent tax, according to The Australian.
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Corporates: Boral, CSR, Orica

As expected, Boral shares fell sharply yesterday after trading resumed in the wake of the issue to institutional shareho...

Strikeforce of 400 to fight war on locusts

Incident control centres staffed by a rolling strikeforce of up to 400 specially trained staff will be established across Victoria under a $43.5 million Victorian Government strategy to tackle what experts predict could be the biggest locust plague in the last 75 years.At Epsom north of Bendigo toda...

Whole Foods Market to Offer Sustainable MSC-certified, Harpoon-caught Swordfish

Whole Foods Market will be the only major retailer in the US to offer Marine Stewardship Council (MSC)-certified, fresh, harpoon-caught swordfish from Nova Scotia this (Northern) summer. This seasonal grilling gem that also happens to be a smart environmental seafood choice will be available at Whol...

Boral shares fall after rights issue

Shares in Australian building materials group Boral slumped 9.6 per cent, from $4.89 to $4.40, yesterday after the completion of the $274 million institutional part of its $490 million rights issue.

IG Markets Australian Market Wrap

The Australia 200 CFD Index closed 2.4% higher at 4356.1, with financial, consumer discretionary, energy and material names adding the bulk of the points.

Parts of Hay Point closed down for repairs

BHP Billiton-Mitsubishi Alliance and Prime Infrastructure Group shut berths at two terminals of the Hay Point port, the world's biggest export harbor for coal, to carry out planned maintenance.

Employment data boost share market

Already at a strong start, the Australian share market rallied further after the release of surprisingly better employment data.

Survey says Queensland producers carry $15 billion debt

Queensland farmers are collectively mired in $15 billion debt and most have no resort but to run to financial loans in order combat the effects of natural disasters, that according to the 2009 state rural debt survey data released today.

Dollar climbs on job surge news

The Australian dollar rose over half a cent while bill futures fell after surprisingly strong jobs report reawakened the risk of a further hike in interest rates.

Jobs market stronger than predicted

Australia's unemployment rate touched 5.1 per cent in June, the lowest since January 2009, as hopes for continuous economic improvement reinforced employer confidence.

Wall Street billow ups share market

Shares opened more than two per cent stronger today after a billow on Wall Street and major global markets overnight.

Micro Cap Rising Stars ? Silver Chef

Silver Chef is effectively a finance company providing small industrial equipment solutions, enjoying strong growth and paying an enviable yield.

Offers: Sigma Gets Lowered Offer

As many in the market suspected, Sigma Pharmaceuticals' putative South African suitor has tried a bit of cheese paring ...

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