Finance News Network

Market Reports

Market Wrap: Gains in miners eclipse financials at close

14 Dec 2010 - Gains in miners eclipse financials at close. Timber giant Gunns Ltd (ASX:GNS) has raised $25 million help fund its purchase of a sawmill at Bell Bay from Forest Enter…

Midday: Aus shares higher as China holds rates

14 Dec 2010 - Aus shares higher as China holds rates. Blackthorn Resources Ltd (ASX:BTR) has admitted to an embarrassing mistake after saying that drill results from its Mumbwa gol…

Outlook: Aus shares set for higher start

14 Dec 2010 - Aus shares set for higher start. Origin Energy Ltd (ASX:ORG) and TRUenergy move in on securing the NSW state government's power assets.

Market Wrap: Banks and miners boost share market

13 Dec 2010 - Banks and miners boost share market. Westfield Group Ltd’s (ASX:WDC) $2 billion dollar spin off, Westfield Retail Trust, has made a disappointing debut on the market.

Midday: Aus shares trading in the black

13 Dec 2010 - Aus shares trading in the black. Fairfax Media Ltd (ASX:FXJ) buys the largest tender notification service provider in the southern hemisphere, TenderLink, for $16.43…

Outlook: Aus shares set for slightly higher start

13 Dec 2010 - Aus shares set for slightly higher start. A WikiLeaks cable exposes BHP Billiton Ltd's (ASX:BHP) efforts to sabotage Rio Tinto Ltd's (ASX:RIO) proposed $21 billion de…

Market Wrap: Aus shares close flat

10 Dec 2010 - Aus shares close flat. Mirvac Group (ASX:MGR) expects revenues of over $1 billion from having secured Sydney's Harold Park Paceway.

Midday: Shares flat at midday following weak lead

10 Dec 2010 - WorleyParons Ltd (ASX:WOR) has won a contract to undertake engineering and design work at the Rumaila oil field in south Iraq.

Outlook: Aus shares receive mixed leads

10 Dec 2010 - Aus shares receive mixed leads. Singapore Exchange Ltd says the next step for its merger with Australian Securities Exchange (ASX:ASX) would be expansion within Asia.

Market Wrap: Strong jobs data boost shares

09 Dec 2010 - Strong jobs data boost shares. Reuters has reported that ANZ Banking Group Ltd (ASX:ANZ) plans to move some of its finance processing roles offshore to its offices in…

Midday: Aus shares lift 0.5 per cent

09 Dec 2010 - Aus shares lift 0.5 per cent. Westfield Group (ASX:WDC) expects its total operational segment earnings to hit 93 cents per security in FY11.

Outlook: Aus shares poised to open higher

09 Dec 2010 - Aus shares poised to open higher. NIB Holdings Ltd (ASX:NHF) dumps its $180 million bid for GMHBA after failing to win support from the rival health fund's board.

Market Wrap: Shares closed weaker as China may raise rates

08 Dec 2010 - Shares closed weaker as China may raise rates. Australia’s richest woman Gina Rinehart has extended her media interests and bought a portion of shares in Fairfax Limi…

Midday: Aus shares flat at midday

08 Dec 2010 - Aus shares flat at midday. The Commonwealth is lending the NSW Government up to $160 million to ensure asbestos victims related to James Hardie Industries Ltd (ASX:J…