Following its announcement of interim dividend non-payment for the full year 2009/10 in order to retain funds and finance growth projections in the United Kingdom, ThinkSmart Ltd shares plunged by more than 13 percent on Wednesday.
The Commonwealth Bank (ASX: CBA) defended its record net cash profit of $6.1 billion, up 42 per cent from last year, saying the group supported thousands of Australians through employment and dividend payouts.
The Minister for Primary Industries and Water, Bryan Green, today launched a new initiative from Australian supermarket group Woolworths (ASX:WOW) that will benefit farmers in Southern Tasmania.
Sir Richard Branson today announced that Virgin Atlantic Airways, Virgin America and V Australia/Virgin Blue are teaming up to offer each airline's loyalty program members the opportunity to earn miles or points when taking flights on their sister-branded airlines.
Alumina (ASX:AWC), a 40 per cent partner in the Alcoa-managed AWAC global alumina joint venture, said the industry's drive for alumina to be traded on global markets on a spot price/index-related basis instead of linking it to aluminium metal prices will produce large benefits.
Commonwealth Bank of Australia Ltd (ASX: CBA) said today it will retain conservative capital and liquidity settings given the still uncertain environment after posting 42 per cent growth in full-year cash profit.
National Australia Bank (ASX: NAB) yesterday announced to continue to price home loans at a discount to the other major lenders, as part of its strategy to expand its share of the mortgage market.
Cold Rock Ice Creamery is introducing new hot desserts to its menu across stores in Victoria and South Australia to beat the winter chill.The ice cream franchise will trial three new products - Nana's Rocking Apple Pie, Chocolate Rocker cake drizzled with hot chocolate fudge and Sticky Date Pudding ...
"It can be extremely worrying for parents when they suspect their child has a food allergy, but wrongly diagnosing someone with a food allergy could also have a serious negative effect on their health" says Food Standards Agency's Chief Scientist Andrew Wadge.The National Institute for Health and ...
Australia’s largest and most profitable bank, CBA has refused to rule out interest rate hikes that are out of synch with the Reserve bank of Australia. CBA chief Ralph Norris in a briefing to the market says the lender was "closely monitoring" the cost of funding on wholesale markets, and the leve...
The newest version of the virus has so far managed to steal $1.2 million from approximately 3000 online customers from an unnamed British bank , according to an internet security company.M86 Security which has offices in Britain and California says the money was remotely transferred from the account...
Google confirmed that police visited its Seoul offices to seize information related to an investigation surrounding its Street View product.
Shares in Whitehaven Coal (ASX:WHC) have soared to a record high on the likelihood of being the target of a $3 billion takeover bid from US firms.
The Queensland state government said today it is discussing with a group of coal firms a raised bid for its coal rail network but has not discarded plans to float the $6.98 billion operation.
Ivanhoe Australia (ASX:IVA), which is 80 per cent owned by the Robert Friedland-chaired Ivanhoe Mines, plans to raise up to $269 million for a takeover and project development in Queensland as well as to settle debt.
Call them strange bedfellows but Blackfeather Ltd and AdultShop.com (ASC), both firms catering to adult entertainment needs, are set to collaborate on a steamy deal as ASC announced on Tuesday that it is taking over Blackfeather’s Stiletto brothel operation.
IT consultancy firm Oakton Ltd (ASX: OKN) reported on Tuesday that it saw a 42 percent spike on its full-year profit as the company recuperates from the debilitating effects of the worldwide economic downturn.
Business confidence has continued weakening, while trading conditions also deteriorated in July, according to National Australia Bank's (ASX: NAB) monthly business survey.
Cochlear (ASX:COH), maker of the world's best-selling hearing implant, has recorded a 19 per cent increase in annual net profit.
Melbourne-based National Australia Bank (ASX:NAB) today announced it had posted $1.1 billion cash earnings in the three months to June, a 22 per cent increase on its profit from the same period last year.
Adelaide-based Santos (ASX: STO), Australia's third-largest oil and gas producer, announced yesterday it expects its net profit after tax to range from $180 million to $200m, far beyond analysts' general forecast of $152m.
A new $100 million dollar Health and Food Sciences Precinct in Brisbane, a joint project between the Queensland State Government and the CSIRO, will cover human and animal health and food sciences in a 'centre of excellence'.The new centre was officially opened by Premier Anna Bligh, Federal Cabinet...
Kraft Foods has said it will increase advertising in the second half of the year in a bid to restore sales growth in North America.Speaking on the firm's earnings call last week, chairman and CEO Irene Rosenfeld said Kraft has continued to invest in brand-building in North America and expects "solid...
Campari's 150th anniversary campaign introduces three new limited editions labels by three different contemporary artists: Tobias Rehberger, Vanessa Beecroft and art collective avaf.The three labels, chosen by curator Caroline Corbetta, are part of the Campari Art Label Project, designed to confirm ...
Queensland awards its favourite sausagesThe 2010 Queensland Sausage King has awarded the year's best Queensland sausages, from a field of over 800 top sausages, already awarded in regional competitions around Queensland.Among the 46 awards, six overall winners were chosen, each top of their class: T...
Australian banking major, National Australia Bank has posted a 22 per cent rise in its third quarter cash profits, which rose to $1.1 billion, as bad debt charges fell."In the June quarter NAB delivered solid, sustainable business results, improved customer satisfaction and remained financially stro...
Australian media company Village Roadshow Ltd (ASX: VRL) has proposed to simplify its capital structure by joining ordinary and preference shares into one listed security.
Analysts believe blue chips such as Commonwealth Bank (ASX:CBA), Qantas (ASX:QAN) and Telstra (ASX:TLS) will meet market expectations when they announce annual earnings this week, says a newspaper.
Global miner Rio Tinto (ASX: RIO) has been partly reassured by revisions to the federal government's controversial resource tax.
Pressing on with its ambition to be one of the first Australian companies to turn coal seam gas into LNG for export, Eastern Star Gas (ASX:ESG) has launched a $100 million share placement and declared it has acquired land for a small-scale LNG processing plant in New South Wales.
