Finance News Network

Latest News

Pharmaxis improves annual result

12 Aug 2011 - Pharmaxis Ltd (ASX:PXS) sees an improvement in its annual result because of reduced operating expenses.

Peabody gets approval for Macarthur

12 Aug 2011 - Peabody Energy and ArcelorMittal are given approval by the Foreign Investment Review Board for Macarthur Coal Ltd (ASX:MCC).

SABMiller gears up for fresh Fosters bid

12 Aug 2011 - SABMiller assembles a bank group for a loan to back a new bid for Foster's Group Ltd (ASX:FGL).

ASX rival may face delay

12 Aug 2011 - Chi-X's rival ASX Limited (ASX:ASX) plans to move its data centre in late November, potentially interfering with the launch of the new stockmarket operator.

CBA chief takes a swipe

12 Aug 2011 - Commonwealth Bank of Australia (ASX:CBA) chief executive Ralph Norris says credit rating agencies are usually "a bit late to the party".

Telstra FY profit falls 17%

11 Aug 2011 - Telstra Corporation Ltd (ASX:TLS) reports a 17 per cent fall in full-year net profit, beating expectations of an even steeper decline.

DJs issues FY12 profit warning

11 Aug 2011 - David Jones Ltd (ASX:DJS) issues a profit warning for the first half of fiscal 2012, blaming "an extremely difficult trading environment".

SingTel Q1 dips 2.9%

11 Aug 2011 - Singapore Telecommunications Ltd (ASX:SGT) first quarter profit dips 2.9 per cent to $719.32 million.

Webjet FY profit improves 5%

11 Aug 2011 - Webjet Ltd (ASX:WEB) improves its fiscal 2011 year profit by 5 per cent to $11 million.

Extract shares jump on reserves upgrade

11 Aug 2011 - Shares in Extract Resources Ltd (ASX:EXT) jump after the explorer announces a 37 per cent increase in reserves as its Husab uranium project in Namibia.

News Corp FY profit lifts 8%

11 Aug 2011 - News Corp (ASX:NWS, NASDAQ:NWSA) lifts its full year net profit by 8 per cent and confirms it suffered "no material impact" from the UK phone hacking scandal.

Computershare FY profit drops 10%

10 Aug 2011 - Computershare Ltd (ASX:CPU) says it full year net profit dropped 10.4 per cent to $264.09 million.

Stockland FY profit jumps 58%

10 Aug 2011 - Stockland (ASX:SGP) meets market expectations and reports a 58 per cent jump in its full year net profit, coming in at $754.6 million.

CBA hits record $6.8B profit

10 Aug 2011 - Commonwealth Bank of Australia (ASX:CBA) meets expectations of a record full year result, posting a cash profit of $6.835 billion.

Dominos Pizza FY profit rises 20%

10 Aug 2011 - Domino's Pizza Enterprises Ltd's (ASX:DMP) full year net profit rises 20 per cent to $21.4 million, coming in 5 per cent higher than guidance.

Gloucester lifts FY guidance

10 Aug 2011 - Shares in Gloucester Coal Ltd (ASX:GCL) rise after the coking and thermal coal producer lifts its full year net profit forecast.

Linc could gain $450M from Teresa sale

10 Aug 2011 - Analysts tip Linc Energy Ltd (ASX:LNC) could gain up to $450 million for the sale of its Teresa coal tenement in Queensland.

Cochlear books record FY profit

09 Aug 2011 - Cochlear Ltd (ASX:COH) has met analysts’ expectations and booked a record full year profit, lifting 16 per cent to $180.1 million.

Bradken FY profit falls 4%

09 Aug 2011 - Shares in Bradken Ltd (ASX:BKN) fall more than 10 per cent after the mining products provider posts a 4.1 per cent fall in full year net profit.

BHP buys $705M Leighton Pilbara business

09 Aug 2011 - BHP Billiton Ltd (ASX:BHP) buys Leighton Holdings Ltd's (ASX:LEI) iron ore business in WA's Pilbara region for around $705 million.

Coca Cola H1 up 5.5%, reveals restructure

09 Aug 2011 - Coca-Cola Amatil Ltd (ASX:CCL) posts a 5.5 per cent increase in its first half underlying net profit, but its net profit falls 27.8 per cent due to restructuring cost…