Macarthur Coal has upped its 2009-10 profit guidance today following its post of better-than-forecast sales of coal for the fiscal year.
Christine Gaylican
Jul 06, 2010
Toyota Australia said on Monday that it has survived a jittery 12 months and even achieved a $182.3 million profit for the year to the end of March, thanks to much stronger domestic activities following a stale kick off at the beginning of 2010.
Erik Pineda
Jul 06, 2010
Senator Bob Brown on ABC television last night pledged to put the revised tax through a ''very close Senate scrutiny'' with a purpose of studying the repercussions on small business.
Sharon Olalia
Jul 06, 2010
Heemskirk Consolidated has defeated Conquest Mining with an $84 million scrip bid for North Queensland Metals.
Sharon Olalia
Jul 06, 2010
Germany's Bilfinger Berger has suspended the initial public offering of its Australian business recently named Valemus, citing a weak market.
Sharon Olalia
Jul 06, 2010
Once again the core paradox on the consumption side of the Australian economy has been underlined.Another solid month of...
Admin System
Jul 06, 2010
Once again the core paradox on the consumption side of the Australian economy has been underlined.Another solid month of...
Admin System
Jul 06, 2010
CSR has sidestepped a political touchy deal with a big Chinese food group and plumped for a Singaporean company as the b...
Admin System
Jul 06, 2010
It has probably been the most widely expected bid in the market, but that didn't stop Thai-based group, Banpu, producing...
Admin System
Jul 06, 2010
Forget the argument over the resource tax, the debate over company tax cuts and the higher superannuation contributions,...
Admin System
Jul 06, 2010
US financial markets were closed for a public holiday on Monday.
James Kong
Jul 06, 2010
European shares ended slightly lower Monday after struggling for direction amid lingering worries about growth and with U.S. markets closed for a holiday, although oil giant BP managed to gain ground.
James Kong
Jul 06, 2010
National Australia Bank and Leighton Holdings are suing the US distributor Warner Bros for $95m in a dispute over the rights to The Matrix.
Sharon Olalia
Jul 06, 2010
While Wall Street enjoyed a public holiday the rest of the world took the opportunity to take a breather as well. European indices down 0.3% in thin trade.
Admin System
Jul 06, 2010
The Australian bourse is expected to start flat this morning after taking mostly flat to negative leads from major Asian and European markets yesterday as Wall Street stayed closed for the US July 4 Holiday.
Sharon Olalia
Jul 06, 2010
If you looked at yesterday's ANZ job ads figures for June, there's only one conclusion: the analogue world of newspapers...
Admin System
Jul 06, 2010
If you looked at yesterday's ANZ job ads figures for June, there's only one conclusion: the analogue world of newspapers...
Admin System
Jul 06, 2010
Multibillion-dollar offers from China, Singapore and Thailand for CSR's Sucrogen and Centennial Coal reflects a rise in Asian interest for a broad range of Australian assets.
Sharon Olalia
Jul 06, 2010
CSR Limited has announced the sale of its newly spun-off sugar business, Sucrogen, to Singaporean agribusiness giant Wilmar International, for A$1.75 billion, rejecting previous offers from China's Bright Food Group, including a conditional offer at the same amount. The company has also rejected its...
Admin System
Jul 06, 2010
Plans by the Australian Egg Corporation Ltd to review the standards of free range egg production have caused a schism in the industry, with free-range producers refusing to agree to changes that could see the maximum number of 'free range' birds per hectare increase from 1500 to as many as 20 000, a...
Admin System
Jul 06, 2010
Swiss food giant Nestlé is to invest PHP 4.3 billion (A$110.5 million) in the construction of a Coffee-mate and Bear Brand factory in the Philippines.Construction on the 27-hectare site in Tanauan, Batangas will begin this month and is expected to be completed in March 2012, John Miller, chairman a...
Admin System
Jul 06, 2010
UK frozen foods business Birds Eye Iglo is launching a company-wide sustainability plan called 'Forever Food'.The group has committed to sourcing 100% of wild and farmed fish from certified fisheries by 2012, reduce packaging by 15% by 2012, reducing water consumption used in manufacturing by 20% by...
Admin System
Jul 06, 2010
Today's statement released by the RBA suggests the reserve bank is happy to sit on the sidelines and to stay there.
Admin System
Jul 06, 2010
While investor fears have weighed on oil prices in recent months Barclays Capital notes the demand picture has continued to improve, supporting the group's view prices are headed higher.
Admin System
Jul 06, 2010
The chief operating officer of regional lender Bank of Queensland Ram Kangatharan, says that Australian banks face deteriorating funding conditions which likely cause lenders to raise interest rates independently of the central bank.Mr. Kangatharan says that the deteriorating funding climate is addi...
Admin System
Jul 06, 2010
According to the findings of a new report, housing in Australia has gotten increasingly unaffordable over the last year, with first time buyers needing stump up 10 per more for a deposit.The report which was released by Bankwest suggests that a couple in Australia now needs to raised $85,800 as a de...
Admin System
Jul 06, 2010
The Australia 200 CFD Index closed 0.4% softer at 4222.1, with industrial and consumer staples names detracting most of the points.
Admin System
Jul 05, 2010
Cardno Ltd said Monday that it is set to raise $49 million through capital raising, which the company intends to use on planned acquisitions of two leading US environmental consultancy group and balance sheet strengthening.
Erik Pineda
Jul 05, 2010
The Australian dollar moved up ending a five-day drop against other currencies, as Asian stocks advanced and signs the nation's labour market is improving enticed demand for higher-yielding assets.
Christine Gaylican
Jul 05, 2010
A snapshot of economist responses to today's TD Securities inflation gauge and ANZ's job ads survey.
Admin System
Jul 05, 2010