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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Australia&#39;s largest retailer, Woolworths, said Monday its annual net profit jumped 27.5 percent to a record 1.294 billion  dollars (1.026 billion US).
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The investment firm reported strong third-quarter earnings.
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The Australian share market has rallied from yesterday&#39;s negative close to finish seven points higher at 3,728. Solid gains in banking stocks stopped the market heading into the red on the back of a weaker resource sector.
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The Australian share market continues to go from strength to strength with another record breaking day. The All Ordinaries hit its peak late, up almost seven points to close at 3,734.
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Jacob Oram scored a career-best 126 not out to steer New Zealand to a healthy first innings total of 353 after lunch on the second day of the first test against Australia at the Gabba on Friday.
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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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Shares in Australian flag carrier Qantas have jumped more than four percent amid expectations a takeover consortium is finally ready to formally table a multi-billion dollar offer for the airline.
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NEW YORK (CBS.MW) -- Shares of OmniVision Technologies (OVTI) rose more than 8 percent to $13.13. The move comes after the Sunnyvale, Calif.
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L&#39;OrÃ©al, the world&#39;s largest cosmetics firm, yesterday reported a near 22% profit gain in the first half, after a push into Asian and east European markets.
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By PULLAR-STRECKER Tom  RISING demand for broadband in Australia and New Zealand has helped the consortium that owns the Southern Cross Cable sell a further US$310 million (NZ$443 million) of capacity on the communications artery during the past six months.
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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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Canada-based Brookfield Asset Management Inc.  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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Jacob Oram smashed an unbeaten 126 to lift New Zealand&#39;s cricketers to 353 all out shortly after lunch on day two of the first Test at Brisbane, turning the match after Australia had the better of the opening day.
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Oracle (ORCL) Tuesday reported a 16% rise in quarterly net income as the world&#39;s second largest software company benefited from steady demand for its flagship database software.
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IF Xstrata&#39;s Scotch CEO Mick Davis thought he could get WMC Resources on the cheap he now knows otherwise. The Swiss miner is offering $7.4 billion, or $6.35 a share, for Australia&#39;s third biggest resources company.
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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