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Market Wrap: Aussie shares close higher
06 Sep 2010 - The local share market closed stronger today. Gloucester Coal Ltd (ASX:GCL) raises $7 million from retail investors, taking the total raised under its capital raising to $441 million.

Midday: Aus shares are higher
06 Sep 2010 - Aus shares are higher at midday. Woolworths Ltd (ASX:WOW) plans to divest $900 million of retail sites from its property portfolio.

BHP Zambian project back on track
06 Sep 2010 - BHP Billiton Ltd (ASX:BHP) receives confirmation that its Mumbwa prospecting licence will not be cancelled.

Lynas Corp increases resource estimate
06 Sep 2010 - Lynas Corporation Ltd (ASX:LYC) increases its Mt Weld resource estimate in Western Australia by 19.4 per cent.

Housing supply solutions
06 September 2010 – Mortgage Choice, CEO, Michael Russell recommends an overhaul of the First Home Saver Grant & indexation of the First Home Owner Grant.

Stock Watch - 06/09/10
 

Investment advisor James Gerrish takes a technical look at Dow Jones, S&P/ASX200, ANZ, JBH, MGX, HVN, WPL, CTX, BKN, PBG, JHX.

Macquarie Group expects H1 profit to drop 25%
06 Sep 2010 - Macquarie Group Ltd (ASX:MQG) expects a 25 per cent drop in first half profit to 30 September, the guidance underpinned by weak market conditions.

Aevum rejects Stockland takeover offer
06 Sep 2010 - Property developer Stockland (ASX:SGP) has had its offer for Aevum Ltd (ASX:AVE) rejected.

IAG expects to be covered from quake damage
06 Sep 2010 - IAG Ltd (ASX:IAG) says it is too early to determine the extent of the damage from the Christchurch earthquake, but expects to be covered by its reinsurance arrangements.

Suncorp Metway predicts limited quake impact
06 Sep 2010 - Suncorp-Metway Ltd (ASX:SUN) predicts its financial exposure from the Christchurch earthquake is likely to be limited.
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