CXP’s Slow 3rd Q
Stationery and office supplies group, Corporate Express Australia (CXP) experienced a third quarter slowdown, but is confident about the full year's result.
Read MoreStationery and office supplies group, Corporate Express Australia (CXP) experienced a third quarter slowdown, but is confident about the full year's result.
Read MoreBuilding materials and sugar company CSR reported disappointing profits for the six months to September 30, 2007 today, with a strong dollar and weak prices impacting the bottom line result.
Read MoreSunset Energy (SEY) fell by as much as 12.5% today after debuting yesterday at a 60% premium to its issue price of 20 cents.
Read MoreAustralasian Resources (ARH) said on Wednesday it plans to spin-off its nickel and other assets into a separate listed entity. This follows an earlier announcement that CITIC Pacific Ltd has concluded agreements with privately owned Mineralogy and ARH's major shareholder, Professor Clive Palmer to acquire another iron ore project at Balmoral, in the Pilbara region of Western Australia.
Read MoreShares in Midwest Corporation (MIS) rose today after the company announced that it would not be accepting Murchison Metals' $1 billion-plus scrip takeover offer as its top 20 shareholders had rejected it.
Read MoreThe US dollar continues to crumble, threatening to throw the global system of floating currencies out of control.
Read MoreOn the eve of the Reserve Bank's November meeting in Sydney today, more data suggesting the economy is burbling along at close to full speed, with all the attendant perils.
Read MoreCitigroup, America's biggest bank, is now facing its toughest time for years as it battles a huge credibility problem and billions of dollars more in new write downs.
Read MoreMore than $50 billion wiped off the capitalisation of the Australian stockmarket in the most serious reaction to the subprime mortgage crisis and its fallout for a couple of months.
Read MoreThe action continues in the mining services and contracting industries.
Read MoreShares in NIB (NHF) have continued to rise by as much as 11% today after the Newcastle-based health insurer made its debut on the ASX at a large premium yesterday.
Read MoreLighting Corporation (LCL) formally advised its shareholders on Tuesday to reject the Gerard Lighting Acquisitions' offer after an independent expert found the offer to be ‘neither fair nor reasonable'.
Read MoreAustralian gold explorer and developer Republic Gold (RAU) rose by as much as 36% today after it said it had raised $5.7 million from a placement of around 76.5 million shares to a group of sophisticated investors at a share price of 7.5 cents.
Read MoreShares in Beach Petroluem (BPT), an oil and gas explorer, rose as much as 2.37% to $1.51 on Tuesday, after the company said it is expanding its exploration activities with a foray into the European Oil and Gas Industry.
Read MoreIt sounds like a bit of a re-run of the end to the previous week.
Read MoreAnother nervy week for investors here and around the world.
Read MoreThe strong Aussie dollar continues to carve up the share prices of leading Australian companies.
Read MoreRio Tinto Group is moving to mop up the rest of Alcan's issued capital after emerging with a 90.2% stake in its $US38.1 billion offer.
Read MoreAustralasian Resources (ARH), an Australian-based resource company, rose as much as 3.62% or 5.5 cents on Monday after it said CITIC Pacific has concluded agreements with Mineralogy and Professor Clive Palmer to acquire Korean Steel Pty Ltd.
Read MoreAGL (AGK) announced today that it plans to build another wind farm at Hallett Hill in South Australia which will be in operation by November 2009.
Read MoreShares in crop protection group Nufarm (NUF) soared as much as 12.3% on Monday to hit a 52-week record of $17.52 after the company said it had agreed to a takeover proposal worth up to $3 billion from a consortium led by China National Chemical Corporation (ChemChina).
Read MoreMacquarie Group (MQG) fell by as much as 5.17% on its debut as a new company today.
Read MorePut the glasses away, interest rates are going up next week after the Reserve Bank board meeting on Tuesday. Another month of strong retail sales shows consumers haven't lost their appetite for spending, despite the rate rise in August and the uncertainty about the credit freeze and more interest rate rises.
Read MoreChina has been forced into an inflationary boost to domestic oil product prices by the surging world price which yesterday topped $US96 a barrel.
Read MoreTelstra yesterday again surprised with an upgrade in earnings and performance, but will that be enough to save the company and its mostly American management from being criticised at the forthcoming annual meeting?
Read MoreLike St George the day before, record result from Westpac lit a fire under banking stocks for a second day in a row.
Read MoreAnsell (ANS), a healthcare barrier protection business, reconfirmed its earnings per share are in line with its guidance at its annual general meeting today and indicated strong first quarter results.
Read MoreAGL Energy (AGK) rose by as much as 8% today after the large Australian energy company said it is selling its 33% interest in West Australian gas retailer AlintaAGL to Babcock & Brown Power's Alinta for $522 million.
Read MoreAustralian engineering firm, Downer EDI (DOW) once again confirmed its status quo as a perennial underperformer, delivering a profit downgrade for 2008, which drove its shares down by as much as 11% on Friday.
Read MoreMost of us see the falling US dollar in terms of cheaper overseas holidays. If only the devaluation of the world's reserve currency were that benign.
Read MoreShares in Australasian Resources (ARH), a mineral explorer, rose by 2.04% to $1.50 after it said an expansion to the mining, processing and infrastructure areas required to develop its world class Balmoral South Iron Ore Project, located in the Pilbara region of Western Australia, has been secured.
Read MoreMineral exploration company Giralia Resources (GIR) rose by as much as 25% today after the company announced it had commenced a 40 hole reverse circulation (RC) drilling program at its Earaheedy iron ore project in Western Australia.
Read MoreCape Lambert (CFE), an iron ore explorer, said today it completed acquisition of three tenements adjacent to its iron ore project located in the Pilbara region of Western Australia, increasing the company's ground holding to 70%.
Read MoreTELSTRA (TLS) rose today after upgrading its earnings guidance for the year as its transformation strategy continues to deliver strong results. The earnings upgrade was announced in conjunction with the company's six-hour investor update, held in Sydney today.
Read MoreGold futures rose above US$800 an ounce today for the first time since 1980, following the US Federal Reserve's decision to lower interest rates by 25 basis points to 4.5% overnight. The interest rate cut came despite reports that the US economy grew at an annual rate of 3.9% in the third quarter. The Fed is clearly targeting the housing market, and more specifically Wall Street's exposure to it.
Read MoreThe US Federal Reserve has, as expected, cut interest rates by 0.25%, and indicated that this could be the end of the reductions for the time being.
Read MoreBuilding products group, James Hardie Industries, has become a high profile Australian corporate casualty of the US housing recession.
Read MoreFoster's Group shareholders are a stoic lot.
Read MoreThe herd searching for a good growth story settled on Harvey Norman for a short while yesterday after chasing hard after JB Hi Fi the day before.
Read MoreInvestors have become besotted with growth stories, any growth story, no matter if it's in resources, industrials, retailing: you name it, if the story is great and consistent, the herd follows.
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