BUSINESS

Profits: Stockland Up

Stockland, Australia's biggest residential property trust, might have stormed back to full-year profit because of inc...

Air fares soar to highest level

Domestic air fares have increased to their highest level in more than a year, with discount fares more than 5 per cent higher in August.
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ThinkSmart upbeat on further growth despite shares retreat

Following its announcement of interim dividend non-payment for the full year 2009/10 in order to retain funds and finance growth projections in the United Kingdom, ThinkSmart Ltd shares plunged by more than 13 percent on Wednesday.

CommBank defends monster profit

The Commonwealth Bank (ASX: CBA) defended its record net cash profit of $6.1 billion, up 42 per cent from last year, saying the group supported thousands of Australians through employment and dividend payouts.

Virgin airlines team up in loyalty program

Sir Richard Branson today announced that Virgin Atlantic Airways, Virgin America and V Australia/Virgin Blue are teaming up to offer each airline's loyalty program members the opportunity to earn miles or points when taking flights on their sister-branded airlines.

Get Off The Double Dip Trip, Says CBA

Commonwealth Bank economists believe the global economy is recovering as it should from such a significant financial crisis and there is no need to fear a return to recession.

Oakton Turnaround Continues

Oakton delivered a solid full year earnings result, one that leads brokers to suggest the group's turnaround is continuing.

Australian Dollar Outlook 11/8/2010

The Australian Dollar continued to be sold off late yesterday and into the evening trading session ahead of the widely anticipated FOMC Meeting overnight.

Australian Stock Market Report

The US Federal Reserve has left the federal funds target between zero and 0.25 percent but it has elected to further support a slowing economy.

World Market Overview

U.S. stocks fell Tuesday as weakness in the supply chain system for personal computers weighed on Intel and Microsoft while signs of tapering demand in China weighed on materials stocks including Alcoa.

Daily Forex Commentary 11/8/2010

The Aussie dollar traded lower yesterday dropping from 0.9160 to an Asian session low of 0.9105 following a disappointing NAB Business survey and Chinese Trade data which soured sentiment towards growth in the region.

US Economy: Fed Sits, Again

So the US Federal Reserve Open Markets Committee's statement at 4.15 am Wednesday has slowly become one of the more anti...

Profits: Cochlear, Bradken

Cochlear Ltd has booked a 19% lift in annual net profit, and says the dynamics of the hearing implant industry remain po...

NAB rules out loan rate increases

National Australia Bank (ASX: NAB) yesterday announced to continue to price home loans at a discount to the other major lenders, as part of its strategy to expand its share of the mortgage market.

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