Archive Page 2 of 943



Dollar higher on economic data

THE dollar was higher at noon after high German producer prices data overnight supported the euro and the local currency followed suit.

Shares edge higher at noon

THE share market was slightly higher at noon led by the resources sector.

Crown expects earnings growth in 2009

CASINOS operator Crown expects its Australian casinos, Crown in Melbourne and Burswood in Perth, will grow earnings by 4 to 6 per cent over the 2009 financial year.

Brambles shares tumble

BRAMBLES, the world’s biggest pallet supplier, missed analyst estimates with a 7 per cent rise in annual net profit from continued operations, sending its shares down over 8 per cent.

Domino’s takes bigger slice of profit

DOMINO’S Pizza has boosted its annual profit by 29.6 per cent after generating strong sales growth across the group, particularly in Europe.

Miners lift share market higher

THE share market has opened marginally higher, lifted by the big miners but restrained by financials after US stocks declined overnight on continued bad news from the financial sector.

Mortgage Choice profit dips

MORTGAGE originator Mortgage Choice has reported a 1.2 per cent fall in annual profit but says it is well positioned for the new financial year.

Perpetual profit dives, outlook cautious

PERPETUAL has reported a 29 per cent fall in annual profit after weathering significant volatility in global credit and equity markets, following the US sub-prime mortgage crisis.

Crown Casinos trading ’satisfactorily’

CASINO operator Crown says its Australian casinos have been trading satisfactorily since the start of the 2008/09 financial year.

Macquarie Airports announces buyback

MACQUARIE Airports (MAL) has delivered a half year net loss of $274 million, but says the outlook for the rest of the year is solid.





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