People in New York City's Times Square told the Associated Press they support the gun control bill passed by the New York State Senate Monday night. Some expressed support for gun ownership rights while also praising the proposed law. (Jan. 15)
Woolworths is considering challenging the competition watchdog's decision to reject the sale of its service stations to BP. The supermarket giant struck a deal in December, 2016, to sell its 527 petrol stations and convenience stores and 16 development sites to BP for $1.8 billion. Mr Banducci
Adani has fired back at the Queensland government, saying it is to blame, after Acting Premier Jackie Trad accused the Indian miner of stalling on funding for its controversial Carmichael coal mine. Adani had set a March 31 deadline to secure the full $16 billion for the project but it has abandoned
The Australian share market has made solid gains after a strong lineup of company earnings results briefly drove stocks above 6,000 points on Friday before closing just shy of the mark and up 1.6 per cent ...
Stocks to watch on the Australian stock exchange: AX1 - ACCENT GROUP - up 16.5 cents, or 18.5 per cent, to $1.055 Owner of The Athlete's Foot brand, Accent group, has lifted first-half profit 19.4 per ...
The Athlete Foot's brand owner Accent Group has lifted first half profit by 19.4 per cent to $25.3 million thanks to strong growth in online sales and the rollout of more stores. Shares in Accent soared 18.5 per cent to an 11-month high of $1.055 on Friday following its record results. The group
Tassal expects a record annual profit after bigger and heavier salmon helped the fish farmer lift first-half profit to a record $28.4 million. Driving the result was a increase in salmon volumes, which rose 43.8 per cent in the six months, as well as the benefit of bigger fish and the premium prices
Shares in Southern Cross Austereo have plummeted after the company posted a 21 per cent fall in first-half profit, as the media group signalled more changes were needed at its struggling 2Day FM breakfast show. The company, which also operates the Triple M radio network and has a regional television
Woolworths has outperformed Coles in sales and earnings growth, three years after it started spending $1 billion in slashing food prices and improving service. The supermarket giant's crucial comparable food sales rose 4.9 per cent for the first half of 2017/18 compared to the same period a year
The Australian share market has almost climbed back past 6,000 points after a strong lineup of company earnings results drove local stocks higher on Friday. The benchmark S&P/ASX200 index was up 48.9 points, ...
Embattled property group McGrath Limited has announced that former chief operating officer Geoff Lucas will return as its new chief executive. Mr Lucas was COO of McGrath for eight years from 2008 to 2016, and left the company shortly after the company listed on the ASX in 2016. The appointment follows
Domain declares a decent dividend despite a profit fall, A2 Milk doubles its first-half profit and Nine Entertainment grows its advertising revenue for the first time in two and a half years: here are a few of the numbers that grabbed attention - or should have - in the business world this week. Underlying
Regis Healthcare has forecast steady full-year earnings despite ongoing cuts to residential aged care funding and industry-wide occupancy pressure, after posting a slight dip in first-half profit. The aged care provider expects full-year underlying profit to be in the range of $56 to $58 million, slightly
Commonwealth Bank has denied liability in a shareholder class action alleging it breached continuous disclosure obligations with its handling of AUSTRAC's investigations into its compliance with money-laundering and terrorism-funding laws. Australia's largest bank on Friday partially admitted
Struggling surfwear icon Billabong has warned it cannot carry on business as usual if a takeover by the owner of rival Quicksilver does not proceed, as the company reported worsening revenue and net loss for the first half of the year. Billabong posted a net loss of $18.4 million for the six months
A single tweet from US reality TV star Kylie Jenner about Snapchat has triggered a massive plunge in the messaging application's stock price. Jenner, the half-sister of Kim Kardashian, tweeted: "Sooo ...
Property group McGrath Limited has hired former chief operating officer Geoff Lucas as its new chief executive. The appointment follows the formation of a new board for the embattled company after a tumultuous ...
Grooming and beauty products specialist Shaver Shop lifted first-half profit 9.2 per cent to $6.9 million on the back of record sales and an expanded store network. Revenue for the six months to December 31 rose 19 per cent to $93.4 million after sales increased despite a challenging retail environment
Generic drugs supplier Mayne Pharma slipped to an impairment-driven first-half loss of $174.2 million but says a recovery is already underway. Mayne on Friday reported a loss of $174.2 million for the six months to December 31, compared to a $72.7 million profit in the prior corresponding period. Mayne
After Rene Castro-Salazar attended the first UN-led climate talks in Berlin in 1985 as Costa Rica's environment and energy minister, he tried to talk about agriculture and climate change - but few wanted to join the conversation. "There was always opposition - and we couldn't understand
Tassal's first-half profit has risen 2.45 per cent to a record $28.4 million after local demand for salmon exceeded the fish farmer's expectations. Revenue for the six months to December 31 climbed 23.7 per cent to $271.3 million, and Tassal says its strategy of growing bigger fish is paying
Woolworths' first-half profit jumped 37.6 per cent to $969 million after comparable food sales at its Australian supermarkets rose 4.9 per cent. The retail giant on Friday increased its interim dividend by more than 25 per cent to a fully franked 43 cents after pre-tax earnings for the 27 weeks
Petrol prices have hit a three-year high in Australia's largest five cities as retailers rake in the cash with bigger-than-ever mark ups. The increase has pushed prices to their highest levels since 2015 in Sydney, Melbourne, Brisbane, Adelaide and Perth. Meanwhile, gross retail margins in the
Investors are betting Canada's smaller financial firms could see a jump in revenues after they helped fund marijuana companies ahead of the country's planned legalisation of the drug this year. Much of the issuance for pot producers has been led by small independent brokers, such as Canaccord
Kogan.com shares have soared to a record high after the online retailer's first-half revenue surged by 45 per cent, driven by growing customer numbers and increasing earnings across its expanding range of services. Kogan.com founder and CEO Ruslan Kogan said the business is "in the best shape
Australian shares have held on to their morning gains, supported by broad-based strength and a steady flow of positive local earnings. The benchmark S&P/ASX200 index was up 0.5 per cent at noon on Friday, ...