News archive from 14 August 2013

Commonwealth Bank full-year profit climbs by 8 per cent to $7.67 billion

Commonwealth Bank full-year profit climbs by 8 per cent to $7.67 billion

The Commonwealth Bank's annual profit has climbed to a new record of $7.67 billion.Australia's biggest bank says its earnings for the 2012-13 financial year increased by 8 per cent. The result is within the range anticipated by analysts. The bank has...

ABC News, 09:01 in Business
 

CSL posts record profit

CSL has reported a net profit after tax of $US1.2 billion for the year to June 30, an 18.8 per cent increase from the previous corresponding period. The blood products and vaccine supplier declared an unfranked final dividend of 52 cents per share to...

 

CSL posts record profit

CSL has reported a net profit after tax of $US1.2 billion for the year to June 30, an 18.8 per cent increase from the previous corresponding period. The blood products and vaccine supplier declared an unfranked final dividend of 52 cents per share to...

TheAge, 09:02 in Business
 

CSL posts record profit

CSL has reported a net profit after tax of $US1.2 billion for the year to June 30, an 18.8 per cent increase from the previous corresponding period. The blood products and vaccine supplier declared an unfranked final dividend of 52 cents per share to...

 
Railway firm involved in deadly Quebec crash to shut as insurance will not cover damage costs

Railway firm involved in deadly Quebec crash to shut as insurance will not cover damage costs

The rail operator whose tanker train blew up in a Quebec town last month, killing 47 people, will be shut down because the firm does not have enough insurance to pay clean-up costs and other damages.The Canadian transport regulator says it has ordered...

ABC News, 09:18 in Business
 
Council fears coal mine impacts on Collinsville

Council fears coal mine impacts on Collinsville

The Whitsunday Regional Council is asking for extra environmental impact statements (EIS) for a proposed mining project in north Queensland.The State Government is considering a proposal for a $1.7 billion mining project near Glenden, west of Mackay....

ABC News, 09:18 in Business
 
CBA profit tops $7.6bn

CBA profit tops $7.6bn

COMMONWEALTH Bank of Australia (CBA) has posted a record $7.68 billion full year profit. CBA's net profit for the year to June 30 was up eight per cent from $7.09 billion in the previous year. The bank's cash profit, which excludes one-off financial...

 
Slowdown in boom blamed for massive drop in rental prices

Slowdown in boom blamed for massive drop in rental prices

The slowdown in the resources boom is being blamed for a big drop in housing rental prices around the state.The Real Estate Institute of Western Australia says premium rents in Perth have dropped by up to 30 per cent and rents in mining towns in the...

ABC News, 09:27 in Business
 

CSL posts record profit

The blood products and vaccine supplier declared an unfranked final dividend of 52 cents per share to be paid on October 4. CSL also appointed a new director, Marie McDonald, after Ian Renard said he would retire from the company's board. more to come

 

'Unfair' - AOL boss apologises for public sacking

A recording had been leaked to the media in which Mr Armstrong is heard firing Abel Lenz, a creative director at AOL's Patch unit, after he tells Lenz to put down his camera. Mr Lenz remains fired, the company said. "I am accountable for the way...

 
CBA lifts dividend on record profit

CBA lifts dividend on record profit

The Commonwealth Bank has delivered a record profit of $7.67 billion and lifted its dividend, underlining the strong financial position of the nation’s big banks. CBA’s net profit for the year to June 30 was up 8 per cent from $7.09 billion in the...

 

CSL posts record profit

The blood products and vaccine supplier declared an unfranked final dividend of 52 cents per share to be paid on October 4. CSL also appointed a new director, Marie McDonald, after Ian Renard said he would retire from the company's board. more to come

 

'Unfair' - AOL boss apologises for public sacking

A recording had been leaked to the media in which Mr Armstrong is heard firing Abel Lenz, a creative director at AOL's Patch unit, after he tells Lenz to put down his camera. Mr Lenz remains fired, the company said. "I am accountable for the way...

 

Leighton lifts dividend as profit rebounds

Contractor Leighton Holdings has lifted its interim dividend following a profit rebound, which was underpinned by gains from the sale of a telecommunications subsidiary. In the June half, it posted a net profit of $360.2 million, up from $105.9...

 
CBA lifts dividend on record profit

CBA lifts dividend on record profit

The Commonwealth Bank has delivered a record profit of $7.67 billion and lifted its dividend, underlining the strong financial position of the nation’s big banks. CBA’s net profit for the year to June 30 was up 8 per cent from $7.09 billion in the...

 
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