Companies

L'Oreal profit lifts in H1

by AAP
World's largest cosmetics group boosted by growth of luxury products.

Russia's largest bank hits back at sanctions

Sberbank says EU penalties won't contribute to easing of crisis.

Wide retail mandates expected for Medibank IPO

Brokers say the government wants wide participation from retail investors and will price the stock attractively.

ACCC takes aim at sky-high mobile phone fees

Watchdog says carriers are charging each other too much to receive phone calls and SMS, with consumers footing the bill.

BlackBerry Messenger now open for Windows phone users

Move designed to potentially make the messaging service more appealing to BlackBerry's enterprise clients.

Samsung posts worst quarterly profit in two years

South Korean giant flags uncertain earnings prospects for its key handset business, fuelling worries about its ability to return to growth.

Playing NBN politics with the ACCC

The government must be getting desperate if its appeal to the competition watchdog about the pricing of Telstra's fixed-line services is anything to go by.

Employee share scheme rules set to get a makeover

1 comment
The Australian start-up sector looks set to receive a much-needed boost from changes to tax legislation around Employee Share Option Plans.

The US bull market has further to run

2 comments
The magic dust of modern business, digital technology, has flooded big US companies with excess cash and lifted sustainable price-to-earnings ratios. The S&P 500 could easily crack 2500.

Apache to divest Wheatstone stake

Apache Energy says it will sell multi-billion dollar shareholding in WA gas project.

Why Australia is losing its competitive edge

20 comments
Sitting back and waiting for policy settings to ‘fix’ the exchange rate and high wages won’t do much to resolve Australia’s productivity crisis. Businesses must step up their investment or fall behind.

LinkedIn revenue lifts in Q2

Results from professional social network top market expectations.

Shell uncertain on Woodside plan B

Shell to reconsider Woodside stake sale options if buyback deal falls through.

French group makes play for T-Mobile US

Iliad puts forward rival takeover offer to Sprint as M&A activity heats up.

Iron ore market not balanced: Vale

Mining giant warns of higher-than-expected supply just as demand from China falters.

Exxon Mobil's Q2 profit climbs, despite lower production

Group plans to push ahead with drilling in Russia's Arctic seas.

Banco Espirito Santo shares plummet over 50%

Investors desert Portuguese bank as it reports massive Q2 loss, doubled exposure to troubled parent.

Sony posts Q1 profit, eyes FY loss

by AAP
Consumer electronics group boosted by PlayStation 4 sales amid painful restructuring.

Shell's profits more than triple in Q2

by AAP
Asset sales, stronger oil prices boost group's profit.

Lloyds profit slumps in H1

by AAP
Net profit slumps 57% on Libor fines, underlying profit rises.

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