Australia&#39;s Incitec Pivot FY04 Net A$75.1 Million -2-
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MELBOURNE (Dow Jones)--Australian fertilizer interest Incitec Pivot Ltd. (IPL.AU) on Monday reported a net profit, including one-time items, of A$75.
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A recovery in resource stocks and some star performances from smaller companies have helped the Australian share market back into the black today.
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Moody's Investors Service may downgrade  A$83 billion ($75.5 billion) worth of Australian  mortgage-backed debt, in the latest spillover from the U.S.  subprime crisis.
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Net profit in the fourth quarter rose to 753 million euros ($1.09 billion), helped by sales of the blood-thinner Plavix in the United States and cost-cutting measures, the company said.
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SYDNEY (Dow Jones)--Australian engineering company Worley Group Ltd. (WOR.AU) has placed shares with institutional investors at A$4.
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Australia's government looked set for a  fourth straight term, according to a poll trend released on the  eve of Saturday's election, as rival leaders made last-minute  pitches over the economy and the U.S.-led Iraq war.
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Australia&#39;s ruling coalition led by Prime Minister John Howard has won the fourth term in the general election on Saturday. The Liberal-National coalition won a swing in each
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The International Monetary Fund (IMF) has nominated Australia as one of the countries where recent house price increases are difficult to explain in terms of economic fundamentals.
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The Bank of England has held its key interest rate at 4.75 percent for the second consecutive month.
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The International Monetary Fund on Monday commended Australia for its strong economic performance and said the country&#39;s outlook was favorable and unlikely to
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SYDNEY (Dow Jones)--As Australia consigns the lengthy federal election campaign to history, the outlook for interest rates returned to center stage Monday as housing
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The Molson Coors Brewing Company reported a 75 percent increase in its fourth-quarter profit, crediting a tax benefit and favorable exchange rates.
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Australia&#39;s equity market and currency may rise following the Liberal-National coalition&#39;s election to a fourth term in office after pledging to extend 13 years of economic growth and keep interest rates low.
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Shares in takeover target National Foods have pushed further ahead on the Australian Stock Exchange. Yesterday, they surged more than 5 per cent higher to $6.25, after Philippine food and drink giant San Miguel
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WMC Resources, the Australian mining group fighting a hostile A$7.4bn takeover bid from Xstrata, is to return up to A$1bn (US$1.3bn) to shareholders after yesterday upgrading its profit forecast for 2004.
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SYDNEY (Dow Jones)--Australian data released Monday confirmed a story of reaccelerating economic growth in the second quarter as company profits surged while inventories
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The automaker said it lost $2.75 billion in the fourth quarter, a considerable improvement from the $12.6 billion that it lost in 2006.