UPDATE: Australia&#39;s Orica Triples FY Net To A$327.8M
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MELBOURNE (Dow Jones)--Following several years of cost cutting, Australia&#39;s Orica Ltd. (ORI.AU), the world&#39;s biggest maker of mining explosives, on Wednesday said net
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Canada-based Brookfield Asset Management Inc.  made an approach to buy out Australia's Multiplex Ltd. , sending shares in the A$4 billion ($3 billion) construction and property firm up as much as 8 percent.
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SYDNEY, Australia (CNN) -- The world&#39;s largest diversified miner, BHP Billiton, has lifted net profit more than 80 percent to a record $3.51 billion on increased output for eight major products.
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The biotech company reported net income of $833 million, or 71 cents per share, for the latest quarter.
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Global mining giant BHP Billiton posted the biggest net profit in Australian corporate history as soaring commodities prices and strong demand from China pushed net profit up 83 percent to 3.51 billion US dollars.
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AFTER 7 years of operation, Australian online media heavyweight ninemsn has recorded its first annual profit of $14.4 million. The result compares with a net loss of $800,000 in 2003, which excluded the company&#39;s
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World&#39;s largest ad group&#39;s earnings grow on higher global ad spending, new high-profile accounts. NEW YORK  - Omnicom Group reported a higher quarterly profit Tuesday as the world&#39;s largest advertising
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Canada-based Brookfield Asset Management  Inc. (BAMa.TO) has made a takeover approach for Australia's A$4  billion ($3.1 billion) Multiplex Group Ltd. , the  construction and property group said, sending its shares up 7.5  percent.
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SYDNEY : Global mining giant BHP Billiton posted the biggest net profit in Australian corporate history as soaring commodities prices and strong demand from China pushed net profit up 83 percent to 3.51 billion US dollars.
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By staff writers and wires. AUSTRALIAN company profits jumped 10.3 per cent in the June quarter thanks to robust consumer and business spending that will boost economic growth outcomes and the electoral prospects of the Howard Government.
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SYDNEY (Dow Jones)--Higher product prices and strong US building activity helped Australia&#39;s Rinker Group Ltd. (RIN.AU) offset rising costs and Florida hurricanes to
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On Wednesday, the company&#39;s shares (NYSE: DWA) were priced at $28, according to media reports. That was above the $23 to $25 range predicted.
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Temasek Holdings Pte earned S$7.4 billion ($4.4 billion) in the last fiscal year, the Singapore state-owned investment company said, revealing details of its financial performance for the first time in its 30-year history.
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Quarterly earnings rose to $58 million, or 18 cents per share, from $48 million, or 16 cents per share, last year. Excluding results from casinos scheduled to be sold, a write-down of the book value of Caesars
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Australia&#39;s commodity exports are expected to soar to a record 96 billion Australian dollars (US$67 billion) in the current financial year, a national forecaster said in a report Monday.
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The Australian share market has found its feet again after the largest retreat in some months yesterday. Mimicking the recovery on Wall Street overnight, the All Ordinaries climbed 32.1 points to 3,878.9.
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Alaska Air Group Inc. posted third-quarter net income of $79.2 million, or $2.94 per share, which compares with $40.7 million, or $1.