Finance News Network

Latest News

David Jones Ltd (ASX:DJS) to stock surf labels Quiksilver and Roxy

David Jones Ltd (ASX:DJS) is to stock surf labels Quiksilver and Roxy in stores in what it calls a market changing deal.

The Commonwealth Bank of Australia Ltd (ASX:CBA) FUAM down in March quarter

The Commonwealth Bank of Australia Ltd (ASX:CBA) says funds under management and administration dropped in the March quarter.

Centro Properties Group (ASX:CNP) upgrades its guidance for full year profit

Centro Properties Group (ASX:CNP) upgrades its full year earnings forecast after an ASX enquiry into recent spikes in the company’s share price and volumes.

Ruralco Holdings Ltd (ASX:RHL) lifts its first half profit expectations

Ruralco Holdings Ltd (ASX:RHL) lifts its expectations for profit in the first half and says it is in a good position to take advantage of improved seasonal conditions throughout th…

Super Cheap Auto Group Ltd (ASX:SUL) buys Rays Outdoors for $54 million

Super Cheap Auto Group Ltd (ASX:SUL) agrees to acquire outdoor leisure retailer Ray’s Outdoors for $54 million.

Nexus Energy Ltd (ASX:NXS) halts gas production at Longtom

Nexus Energy Ltd (ASX:NXS) says gas production from the Longtom gas field has ceased after low levels of mercury were detected in test samples.

Bank of Queensland Ltd (ASX:BOQ) to acquire CIT ANZ

Bank of Queensland Ltd (ASX:BOQ) to acquire US based CIT Group’s Australian and New Zealand businesses.

Molopo Energy Ltd (ASX:MPO) signs gas sales agreement with South Africa

Molopo Energy Ltd (ASX:MPO) signs a gas sales agreement with privately owned South African company, Novo Energy.

Consolidated Media Holdings Ltd (ASX:CMJ) seeks approval for $225M buyback

Consolidated Media Holdings Ltd (ASX:CMJ) is to seek shareholder approval for a proposed $225 million share buyback.

BHP Billiton Ltd (ASX:BHP) sued over water contamination

There are reports that global miner BHP Billiton Ltd (ASX:BHP) is being sued by an environmental group in the US over alleged water contamination at its operations in New Mexico.

Woodside Petroleum Ltd (ASX:WPL) first quarter production falls 7%

Woodside Petroleum Ltd (ASX:WPL) reports a 7% fall in output for the first quarter of 2010, despite record production at the North West Shelf.

MAp Group (ASX:MAP) Sydney Airport profit up

MAp Group (ASX:MAP) says first quarter earnings at Sydney Airport rose 13% driven by a strong rebound in passenger numbers.

Lihir Gold Ltd (ASX:LGL) raises its full year production guidance

Lihir Gold Ltd (ASX:LGL) lifts its production guidance for the year after posting a solid first quarter result today.

BC Iron Ltd (ASX:BCI) granted mining lease for Fortescue Metals Group Ltd (ASX:FMG) JV

BC Iron Ltd (ASX:BCI) poised for production following the grant of a mining lease for the Nullagine Iron Ore Joint Venture with Fortescue Metals Group Ltd (ASX:FMG).

Austar United Communications Ltd (ASX:AUN) March qtr profit jumps 22%

Austar United Communications Ltd (ASX:AUN) reports a 22% jump in profit for the March quarter on an increase in revenue and fall in operating costs.

Blackmores Ltd (ASX:BKL) confident of achieving a healthy increase in full year profit

Blackmores Ltd (ASX:BKL) confident of achieving a healthy increase in full year profit after posting a jump in profit for the nine months to March 31, 2010.

Santos Ltd (ASX:STO) floods impact production in March quarter

Santos Ltd (ASX:STO) reports a decrease in output for the March quarter due to heavy rains and major floods in Central Australia and Queensland.

Newcrest Mining Ltd (ASX:NCM) downgrades full year production guidance

Newcrest Mining Ltd (ASX:NCM) downgrades its full year production guidance due to extended commissioning and ramp-up at its Hidden Valley project.

Viridis Clean Energy Group (ASX:VIR) completes sale of UK wind farm

Viridis Clean Energy Group (ASX:VIR) completes the sale of its 49% interest in the Ardrossan wind farm in the UK to SSE Renewables for $21.3 million.

Caltex Australia Ltd (ASX:CTX) outlook cautious

Caltex Australia Ltd (ASX:CTX) remains cautious in its outlook for the second half of the year and says refiner margins are likely to remain under pressure.

Commonwealth Bank of Australia (ASX:CBA) forms strategic partnership with Vietnam International Bank

Commonwealth Bank of Australia (ASX:CBA) and Vietnam International Bank enter into agreements to form a strategic partnership which will see CBA take a 20% stake in the Vietnamese …