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Industry Sectors

Cattle firm charts new course

IN neatly choreographed moves this week, the nation's biggest cattle producer, AAco, sold three of its seven Queensland Gulf country...

Rex expecting turbulence

REGIONAL Express expects its 2008-09 net profit to be on a par with the previous year's result of $24.3 million, despite early...

IAG raises $550m, cuts payout

INSURANCE giant IAG stunned investors yesterday with a $550 million capital raising

Macmahon to focus on construction

MACMAHON revealed a 40.5 per cent fall in profits yesterday for the first half.

Obama throws down 'green' gauntlet

obama

PRESIDENT Obama's bold speech on renewable energy has thrown down the gauntlet to the rest of the world's leaders.

Biotech's profit rises 31pc

BIOTECH company Biota yesterday delivered a 31 per cent increase in first-half net profit to $7.2 million.

Boy wonder baulks at toll

NICHOLAS Bolton might just be the ultimate poster-boy for the much-maligned Generation Y.

Call for role in uniform law

THE NSW Government wants to play a major role in drafting new uniform national laws to regulate the legal profession.

Trump casinos file for bankruptcy

Trump Resorts in bankruptcy filing

THE odds seem to be getting longer for some embattled casino companies.

CSL projects 51pc rise in profits

CSL's Brian McNamee

CSL, the world's second-largest maker of human plasma products, today said full-year profit may rise as much as 51 per cent.

Fairfax shares below $1 for first time

Fairfax Media newspapers

FAIRFAX Media shares fell below $1 for the first time today, as the publisher prepared to announce its first-half results next week.

Exchange tells Rio to give report

THE ASE wants Rio Tinto to provide its shareholders with an independent expert's report on its tie-up with Chinalco.

Dexus singed as values burn

AUSTRALIA'S listed property companies have booked more than $4.2 billion in half-year net losses this reporting season, as the sector...

Share slide despite retail spike

AUSTRALIA bucked the global downturn in the December quarter as retailers enjoyed their best sales growth for the year, but sharp...

Discounters revel in tight times

DISCOUNT retailers and fast-food chains are cleaning up at the expense of upmarket competitors as the economic decline drives shoppers...

Boy wonder baulks at toll

NICHOLAS Bolton might just be the ultimate poster-boy for the much-maligned Generation Y.

New rules lift war against piracy

AMERICAN warships have caught more than a dozen suspected pirates in the Gulf of Aden in the past week.

Europe bank fears hit bourse

AUSTRALIAN shares sank 1.5 per cent yesterday amid growing fears about European banks and disappointing company results.

Market Indices tabs

Retail Consumer - Top Gainers & Losers

Company Name Price Change %Change
Platinum Australia 0.65 +8.5 UP +13.04%
St Barbara 0.46 +3.2 UP +6.97%
Sino Gold 5.98 +41.7 UP +6.97%
Sunland Group 0.44 +2.6 UP +6.02%
Atlas Iron 1.28 +5.2 UP +4.06%
Macquarie DDR 0.05 -0.4 Down -8.93%
Seek Ltd 2.21 -20.0 Down -9.06%
Babcock & Brown Japan Property Trust 0.24 -2.3 Down -9.44%
Hastings Diversified Utilities 1.50 -16.1 Down -10.72%
Macmahon 0.33 -5.1 Down -15.39%

04:10PM AEDT

Japan contraction sharpest in 35 years

Japan's economy

JAPAN'S economy shrank at its sharpest pace in over three decades in the final quarter of 2008.

top-currencies

IT Predictions 2009

The year ahead will be tough as the global financial crisis plays out, according to Australian IT's Predictions 2009 report.

BG wins Pure nod

COAL seam gas explorer Pure Energy Resources has accepted a revised $995 million takeover offer from British energy company BG Group.

NSW 'Silicon Valley' to create job boom

NSW 'Silicon Valley' to create job boom

A "SILICON Valley" will be created in the heart of Sydney's Western Suburbs, generating an estimated 52,000 jobs over the next 10...

IAG raises $550m, cuts payout

INSURANCE giant IAG stunned investors yesterday with a $550 million capital raising

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Also in The Australian Today

Costello vows to stay put

PETER Costello has strengthened his resolve to stay in parliament after attempts to implicate him in the Julie Bishop resignation.

NSW 'Silicon Valley' to create job boom

A "SILICON Valley" will be created in the heart of Sydney's Western Suburbs, generating an estimated 52,000 jobs over the next 10...

Bradley review prompts Go8 ire

THE Group of Eight has savaged the Bradley review, describing it as a "road map to mediocrity", foolish and deeply flawed.

Single pension 'too low'

THE single age pension should be raised to two-thirds of the couple rate, according to an internal government review of the pensions...