News archive from 11 November 2013

Market opens higher

THE Australian stock market has opened higher after stronger than expected US jobs figures lifted investor sentiment on Wall Street. Commsec market analyst Steven Daghlian said the local market was following Wall Street higher today in the wake of...

 
Crackdown on unpaid interns hired by top firms

Crackdown on unpaid interns hired by top firms

HUNDREDS of companies are being investigated by the taxman for potentially breaking the law by using unpaid interns to fill job vacancies. The firms - believed to include some household names - could be fined, named and shamed and even prosecuted if...

 

US jobs growth buoys local stocks

Commsec market analyst Steven Daghlian said the local market was following Wall Street higher on Monday in the wake of figures which showed US employers added 204,000 jobs in October. ‘‘Around 80,000 more jobs were created than expected, which was...

 
Transurban on way to Cross City Tunnel

Transurban on way to Cross City Tunnel

Australia’s largest toll-road operator said today that it had reached agreement with the Royal Bank of Scotland to acquire all of its senior secured debt in the tunnel, which runs east to west under the city’s CBD. Transurban has previously made clear...

 

Orica stock surges on profit rebound

However, excluding last-years write-down, profit was down 7.5 per cent year on year. The profit numbers were well received by the market, with investors pushing the shares up 6.1 per cent to $20.73 in early trade. Orica said subdued conditions...

 

US jobs growth buoys local stocks

Commsec market analyst Steven Daghlian said the local market was following Wall Street higher on Monday in the wake of figures which showed US employers added 204,000 jobs in October. ‘‘Around 80,000 more jobs were created than expected, which was...

 
Transurban on way to Cross City Tunnel

Transurban on way to Cross City Tunnel

Australia’s largest toll-road operator said today that it had reached agreement with the Royal Bank of Scotland to acquire all of its senior secured debt in the tunnel, which runs east to west under the city’s CBD. Transurban has previously made clear...

 

Orica stock surges on profit rebound

However, excluding last-years write-down, profit was down 7.5 per cent year on year. The profit numbers were well received by the market, with investors pushing the shares up 6.1 per cent to $20.73 in early trade. Orica said subdued conditions...

 

US jobs growth buoys local stocks

Commsec market analyst Steven Daghlian said the local market was following Wall Street higher on Monday in the wake of figures which showed US employers added 204,000 jobs in October. ‘‘Around 80,000 more jobs were created than expected, which was...

 
Transurban on way to Cross City Tunnel

Transurban on way to Cross City Tunnel

Australia’s largest toll-road operator said today that it had reached agreement with the Royal Bank of Scotland to acquire all of its senior secured debt in the tunnel, which runs east to west under the city’s CBD. Transurban has previously made clear...

 

Orica stock surges on profit rebound

However, excluding last-years write-down, profit was down 7.5 per cent year on year. The profit numbers were well received by the market, with investors pushing the shares up 6.1 per cent to $20.73 in early trade. Orica said subdued conditions...

 
ADM confidence of GrainCorp takeover despite division among Coalition MPs

ADM confidence of GrainCorp takeover despite division among Coalition MPs

The proposed takeover of Graincorp by the big US agricultural firm, Archer Daniels Midland, is certain to be one of the hot issues raised at the Coalition's joint party meeting in Canberra today.It will possibly be debated when parliament resumes...

ABC News, 11:46 in Business
 

Markets Live: Shares pull back

11:43am: Hotel Property Investments, formerly Redcape Property Services, is to float on the ASX at an initial value of up $285 million. In the initial public offering the new pub real estate investment trust will offer units at between $2 to $2.15 and...

TheAge, 11:53 in Business
 

Markets Live: Shares pull back

11:43am: Hotel Property Investments, formerly Redcape Property Services, is to float on the ASX at an initial value of up $285 million. In the initial public offering the new pub real estate investment trust will offer units at between $2 to $2.15 and...

 
Markets Live: Shares pull back

Markets Live: Shares pull back

11:43am: Hotel Property Investments, formerly Redcape Property Services, is to float on the ASX at an initial value of up $285 million. In the initial public offering the new pub real estate investment trust will offer units at between $2 to $2.15 and...

 
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