Finance News Network

Latest News

Rio cheers victory over Fortescue

05 May 2011 - Rio Tinto Ltd (ASX:RIO) welcomes a decision from the Federal Court to ban Fortescue Metals Group Ltd (ASX:FMG) from accessing the global miners key Hamersley line.

NAB H1 profit climbs 16%

05 May 2011 - National Australia Bank Ltd (ASX:NAB) posts a better than expected 16 per cent improvement in first half earnings.

Westpac IT systems out of action

05 May 2011 - Just one day after reporting record earnings Westpac Banking Corporation’s (ASX:WBC) IT systems are out of action.

ASIC to look into Leighton write downs

05 May 2011 - Australia's corporate regulator is reportedly looking into recent write-downs made by Leighton Holdings Ltd's (ASX:LEI).

Extract shares jump on Kalahari offer

05 May 2011 - Yesterday Extract Resources Ltd (ASX:EXT) was the best performing stock in the S&P/ASX200 after China's CGNPC confirmed its interest in buying Extract's shareholder K…

Fosters demerger approved

04 May 2011 - The Supreme Court of Victoria has approved the demerger of Foster's Group Limited (ASX:FGL) beer and wine companies.

Goodman reaffirms annual earnings

04 May 2011 - Goodman Group (ASX:GMG) says it is continuing to experience 'solid operating momentum'.

Macarthur profits to jump 50%

04 May 2011 - Macarthur Coal Limited (ASX:MCC) is expecting its full-year net profit to jump by 50 per cent.

Qantas passenger numbers up

04 May 2011 - Qantas Airways Limited (ASX:QAN) has reported a jump in passenger numbers for March by 4.8 per cent.

Westpac expects growth

04 May 2011 - Westpac Banking Corporation (ASX:WBC) has recorded total cash earnings of $3.17 billion for the six months to March 31, and is expecting sentiment to improve and busi…

Virgin Blue: new brand, new name

04 May 2011 - Jet setters won't be able to jump on a Virgin Blue (ASX:VBA) flight around Australia anymore, after the company rebrands itself as Virgin Australia today.

Stockland on track for EPS growth

03 May 2011 - Stockland (ASX:SGP) says it is on track to achieve earnings per share growth of 8.5 per cent in the 2011 financial year.

Kathmandu Q3 sales grow 32%

03 May 2011 - Kathmandu Holdings Ltd (ASX:KMD) books a 32 per cent improvement in third quarter sales, rising 29 per cent on a constant currency exchange rate.

UGL awarded $160M in US contracts

03 May 2011 - UGL Ltd (ASX:UGL) is awarded $160 million worth of contracts in America for the delivery of facilities management and property services.

ANZ H1 profit jumps to record high

03 May 2011 - ANZ Banking Group (ASX:ANZ) posts a record first half profit but warns that the domestic economy faces challenging conditions.

Orica hunts acquisitions, despite rising dollar

03 May 2011 - Explosives maker Orica Ltd (ASX:ORI) says it is on the hunt for acquisitions and will not be deterred by the rising Australian dollar.

Telstra makes $600M digital investment

03 May 2011 - Telstra Corporation Ltd (ASX:TLS) unveils a $600 million investment to capitalise on Australia's small business sector.

Asciano expecting a 22% earnings rise

02 May 2011 - Asciano Limited (ASX:AIO) are expecting a 22 per cent rise in full year earnings despite a difficult third quarter.

Orica produces impressive profit

02 May 2011 - Orica Limited (ASX:ORI) has reported a better than expected 5 per cent rise in first-half profit.

Mount Gibson still searching for direction

02 May 2011 - Mount Gibson Iron Ltd (ASX:MGX) has commissioned an internationally recognised recruitment firm to find two new independent directors for its board, in its next step …

Telstra wants to speed up talks

02 May 2011 - Telstra Corporation Ltd (ASX:TLS) has seen a close to record low share performance in the midst of delayed talks with the Federal Government over the National Broadba…

ANZ profits expected to surge

02 May 2011 - Investors are hoping the tipped 22 per cent jump in cash profit for ANZ (ASX:ANZ) will be confirmed when the bank starts the major-bank interim profit reporting seaso…

BHP Billiton to expand into Brazil

02 May 2011 - BHP Billiton (ASX:BHP) is set to expand iron ore pellets operations in Brazil with Samarco, the company the mining giant jointly owns with Brazilian company Vale.

Valad agrees to Blackstone takeover

29 Apr 2011 - Wall Street's largest private equity house Blackstone agrees to buy debt-laden property company Valad Property Group (ASX:VPG) for $207 million.

Leighton sells stake in Indian operations

29 Apr 2011 - Leighton Holdings Ltd (ASX:LEI) completes the sale of a 35 per cent stake in its Indian operations to Indian conglomerate Welspun Group.

Prior Page Next Page