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Finance News Network (FNN) has been producing up-to-date concise business and finance news tailored to traders and investors alike since 2002. FNN content reaches a diverse and constantly growing audience via online streaming video, Street Vision broadcasts and Telstra's 3G mobile phone network.With more than 45,000 news clips downloaded per month it is Australia's leading online provider of business and financial video news. Their modern studio is located in Sydney's CBD directly across from the Australian Stock Exchange.
 Mon, 6 Oct 2008
Local share market closed lower. Paladin Energy (ASX: PDN) granted exploration license for uranium deposit in NT. Chinese government official urges European regulators to reject BHP's (ASX: BHP) Rio Tinto (ASX: RIO) bid.
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 Mon, 6 Oct 2008
Santos (ASX: STO) completes $300 million share buy-back. Suncorp Metway (ASX: SUN) confirms it has been approached by several parties interested in acquiring its operations.
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 Mon, 6 Oct 2008
Stockbroker Mr. David Fellowes takes a technical look at S&P500, Dow Jones, CRB index, S&P/ASX200, Crude oil, WPL, Copper, BHP, RIO, IPL, NAB, MIG, WOW, and TLS.
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 Mon, 6 Oct 2008
NAB (ASX: NAB) to allocate $100 million to small business loan program. Australian Infrastructure Fund's (ASX: AIX) subsidiary Queensland Airports posts an 11.5 per cent growth in passenger numbers.
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 Mon, 6 Oct 2008
U.S. stocks ended the week lower on Friday, on concerns that the $700 billion U.S. bailout for the financial sector won't be enough to ease credit market pressure and hold off a recession in the U.S.
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 Fri, 3 Oct 2008
The local market closed lower. Gunns (ASX: GNS) Retail Entitlement Offer closed attracting only minimal interest. Oz Minerals (ASX: OZL) plans to sell stake in joint venture with Terramin Australia (ASX: TZN).
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 Fri, 3 Oct 2008
Stockland (ASX: SGP) revises guidance for FY09. Woodside Petroleum's (ASX: WPL) Angel platform at the North West Shelf Venture is operational and producing gas.
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 Fri, 3 Oct 2008
Cape Lambert (ASX: CFE) says a move by one of its biggest shareholders to get rid of its board will fail. Qantas (ASX: QAN) and Westpac (ASX: WBC) introduce new Earth Platinum credit card.
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 Fri, 3 Oct 2008
U.S. stocks took a tumble overnight as weak economic reports and frozen credit markets made investors even more nervous ahead of the House of Representatives vote on the revised $700 billion U.S. rescue plan.
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 Thu, 2 Oct 2008
Aussie shares lose ground. Virgin Blue (ASX: VBA) delays launch of V Australia. Fortescue Metals (ASX: FMG) price target downgraded by JP Morgan.
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 Thu, 2 Oct 2008
The Commonwealth Bank (ASX: CBA) denies reports it has made a bid for BankWest. CBH Resources (ASX: CBH) announces intention to make an offer for Perilya (ASX: PEM).
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 Thu, 2 Oct 2008
Lend Lease Corporation (ASX: LLC) to become strategic investor in Babcock & Brown Communities Group (ASX: BBC). ANZ (ASX: ANZ) raises $1.1 billion.
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 Thu, 2 Oct 2008
U.S. stocks ended lower overnight, investors nervous ahead of the Senate vote on a revised version of the $700 billion U.S. bailout for the financial sector.
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 Wed, 1 Oct 2008
Australian shares jump and recover some of yesterday's heavy losses. The ACCC gives the green light for BHP Billiton's (ASX: BHP) proposed bid for rival Rio Tinto (ASX: RIO).
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 Wed, 1 Oct 2008
Nexus Energy (ASX: NXS) agrees to sell its shares in Anzon Australia (ASX: AZA) to Roc Oil (ASX: ROC). PaperlinX (ASX: PPX) plans to raise up to $300 million through an institutional and retail share offer.
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 Wed, 1 Oct 2008
Stockbroker Mr. Evan McQuire takes a technical look at the S&P500, Volatility Index, Gold, Light Crude, S&P/ASX200, TLS, HVN, BEN, BHP, and CFE.
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 Wed, 1 Oct 2008
NAB (ASX: NAB) to take a $100 million hit to its cash earnings for fiscal 2008. Tamaya Resources (ASX: TMR) suspends shares from trading and is talking with creditors to ensure its ongoing financial security.
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 Wed, 1 Oct 2008
U.S. stocks rallied overnight after wiping over one trillion dollars of the market in trade on Monday. Investors bought up shares battered in the previous session following news that Congress had rejected the U.S. Government's rescue plan.
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 Tue, 30 Sep 2008
Aussie shares close sharply lower after the heavy falls on Wall Street overnight, but recover from early lows. Harvey Norman (ASX: HVN) reports a $5.6 million loss from its Ireland business.
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 Tue, 30 Sep 2008
Macquarie Infrastructure Group (ASX: MIG) sells toll bridge concession in Portugal. Cromwell Group (ASX: CMW) considers buying back its $429 million issue of commercial mortgage-backed securities.
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 Tue, 30 Sep 2008
Woolworths (ASX: WOW) says it's in a good position to achieve growth and make any future acquisitions. Apex Minerals (ASX: AXM) announces $60.5 million capital raising.
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 Tue, 30 Sep 2008
U.S. stocks plunged overnight with the Dow Jones falling 778 points, its worst single day point loss ever after Congress rejected the U.S. Government's $700 billion bailout plan to rescue the financial sector.
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 Mon, 29 Sep 2008
Share market ended lower. Centro Properties Group (ASX: CNP) debt extension. Grange Resources (ASX: GRR) considers moving the location of its proposed iron ore mine and plant from Malaysia to Tasmania.
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 Mon, 29 Sep 2008
Futuris Corporation (ASX: FCL) appoints a new CEO. A subsidiary of property developer Raptis Group (ASX: RPG) sells site on the Gold Coast for $30 million.
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 Mon, 29 Sep 2008
Stockbroker Mr. David Fellowes takes a technical look at S&P500, Nasdaq, AUD, S&P/ASX200, Crude oil, STO, WPL, RIO.L, NAB, SGP, NCM, COH, BLY, and CEY.
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| Australian Share Market Outlook - 29/09/08 Mon, 29 Sep 2008
The Australian share market is expected to open higher after U.S. lawmakers geared up to vote on creating a $840 billion government fund to buy bad debt and alleviate the financial crisis.
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| US Market Wrap - 29/09/08 Mon, 29 Sep 2008
U.S. stocks closed mixed on Friday ahead of today's announcement of a $US700 billion financial-sector bailout.
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| Market Wrap - 26/09/08 Fri, 26 Sep 2008
The Aussie market closed lower today despite trading higher earlier in the day and a positive U.S. lead overnight. A lawsuit against AWB (ASX: AWB) is dismissed.
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| Market at Midday - 26/09/08 Fri, 26 Sep 2008
CopperCo (ASX: CUO) posts its maiden FY net profit reflecting its move from developer to producer. Wilson HTM Investment Group (ASX: WIG) slashes staff numbers.
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| Australian Share Market Outlook - 26/09/08 Fri, 26 Sep 2008
NIB Holdings (ASX: NHF) updates forecasts for the 2009 financial year. Grange Resources (ASX: GRR) and ABM Resources (ASX: ABU) agree on a merger.
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| US Market Wrap - 26/09/08 Fri, 26 Sep 2008
U.S. stocks ended higher overnight on news that after days of debating lawmakers had finally agreed on terms of the U.S. Government's $700 billion bank bailout plan for the financial sector.
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| Market Wrap - 25/09/08 Thu, 25 Sep 2008
Australian shares closed lower on concerns over whether the U.S. bank bailout plan will go ahead. Babcock and Brown (ASX: BNB) denies it is the target of a bid by a 'European interest'.
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| Market at Midday - 25/09/08 Thu, 25 Sep 2008
Ridley Corporation (ASX: RIC) sells 69 per cent stake in Ridley Inc. Washington H Soul Pattinson & Company (ASX: SOL) posts fall in FY net profit.
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| Australian Share Market Outlook - 25/09/08 Thu, 25 Sep 2008
Speculation that NAB (ASX: NAB) may use the U.S. Governments financial rescue plan to offload its $1 billion exposure to U.S. mortgage backed securities. Qantas (ASX: QAN) defers initial public offering of its frequent flyer program.
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| US Market Wrap - 25/09/08 Thu, 25 Sep 2008
U.S. stocks ended mixed overnight, news of billionaire Warren Buffet's $5 billion investment in Goldman Sachs offset by concerns over the uncertainty about when Congress might approve the proposed $700 billion bailout plan for the financial sector.
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| Market Wrap - 24/09/08 Wed, 24 Sep 2008
Australian shares gain, supported by banks and despite a negative U.S. lead. High Court dismisses BHP's attempt to prohibit the use of its railway lines which is good news for Fortescue Metals (ASX: FMG).
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| Market at Midday - 24/09/08 Wed, 24 Sep 2008
Gunns (ASX: GNS) has entered into exclusive negotiations with an investor for the proposed sale of a tranch of forest resource. Tabcorp Holdings (ASX: TAH) submits expansion plan for its Star City Casino in Sydney.
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| Stock Watch - 24/09/08 Wed, 24 Sep 2008
Stockbroker Mr. Evan McQuire takes a technical look at the S&P500, Nasdaq, MS.N, GS.N, Gold, Silver, Zinc, Light Crude, Reuters/Jefferies CRB Index, S&P/ASX200, DJS, WOW, JBH, and CEU.
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| Australian Share Market Outlook - 24/09/08 Wed, 24 Sep 2008
The MAC Services Group (ASX: MSL) to build accommodation in QLD for Rio Tinto (ASX: RIO). A.B.C. Learning Centres (ASX: ABS) slapped with a $100 million lawsuit.
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| US Market Wrap - 24/09/08 Wed, 24 Sep 2008
U.S. stocks fell overnight, investors worried the Government's proposed $700 billion bailout plan to rescue the financial sector could be delayed after some members of the Senate Banking Committee questioned the size and scope of the plan.
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| Market Wrap - 23/09/08 Tue, 23 Sep 2008
Aussie shares fall on worries about the success of the $700 billion U.S. bailout plan. Local banks drag on the market. Oz Minerals (ASX: OZL) reassures investors.
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| Market at Midday - 23/09/08 Tue, 23 Sep 2008
OrotonGroup (ASX: ORL) posts a 70 per cent rise in annual profit. Patties Foods (ASX: PFL) appoints new CEO.
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| Australian Share Market Outlook - 23/09/08 Tue, 23 Sep 2008
Macquarie Airports (ASX: MAP) plans to begin buying back up to $1 billion of its stapled securities before it seeks security holder approval. Wesfarmers (ASX: WES) appoints former McDonalds exec as head of its Kmart operations.
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| US Market Wrap - 23/09/08 Tue, 23 Sep 2008
U.S. stocks took a tumble overnight as investors worried over details of the Government's $700 billion bailout plan for the financial sector concerned it may not be enough to boost a slowing economy.
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| Market Wrap - 22/09/08 Mon, 22 Sep 2008
Shares rallied 4.5 per cent. Qantas (ASX: QAN) reports an increase in group passenger numbers for July. City Pacific (ASX: CIY) rejects speculation it siphoned $68 million from its First Mortgage Fund.
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| Market at Midday - 22/09/08 Mon, 22 Sep 2008
The Seven Network (ASX: SEV) issues a new earnings guidance for the HY and kicks off its 40 million share buyback program. Sigma Pharmaceuticals (ASX: SIP) posts a rise in H1 net profit.
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| Stock Watch - 22/09/08 Mon, 22 Sep 2008
Stockbroker Mr. David Fellowes takes a technical look at S&P500, Dow Jones, Volatility Index, S&P/ASX200, Crude oil, Natural Gas, USD, Gold, WPL, Copper, RIO, WBC, MQG, NAB, WDC, FGL, and BBI.
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| Australian Share Market Outlook - 22/09/08 Mon, 22 Sep 2008
China's Sinosteel granted permission to acquire up to 49.9 per cent of Murchison Metals (ASX: MMX) The board of Woolworths (ASX: WOW) to consider a $300 million overhaul of its underperforming electronics business.
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| US Market Wrap - 22/09/08 Mon, 22 Sep 2008
U.S. stocks closed higher on Friday, as the government's plan to help rescue banks from toxic mortgage debt soothed investor worries at the end of an extraordinary week on Wall Street.
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| Market Wrap - 19/09/08 Fri, 19 Sep 2008
The Aussie share market ends a volatile week with a rally. Fortescue Metals (ASX: FMG) reports a $2.8 billion annual net loss but manages its first trading profit of $72 million.
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| Market at Midday - 19/09/08 Fri, 19 Sep 2008
Centro Properties Group (ASX: CNP) sells three of its Australian and New Zealand shopping centres. National Australia Bank (ASX: NAB) says it can't commit to following any further official rate cuts by the RBA this year.
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| Australian Share Market Outlook - 19/09/08 Fri, 19 Sep 2008
The Australian share market is expected to open higher after news the U.S. government is considering a comprehensive solution to the financial crisis spurred a late rally on Wall Street.
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| US Market Wrap - 19/09/08 Fri, 19 Sep 2008
U.S. stocks had their best day in six years overnight on news the government is working on a more permanent solution to absorbing bad debt.
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| Market Wrap - 18/09/08 Thu, 18 Sep 2008
Aussie shares follow the U.S. and post major losses as investors offload financial and industrial stocks. Telstra (ASX: TLS) to cut 800 jobs, or 2 per cent of its work force.
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| Market at Midday - 18/09/08 Thu, 18 Sep 2008
Aussie shares tumble on heave U.S. losses. Macquarie Group (ASX: MQG) shares sink lower. Bank of Queensland (ASX: BOQ) reaffirms earnings guidance.
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| Australian Share Market Outlook - 18/09/08 Thu, 18 Sep 2008
Local shares expected to post heavy losses after U.S. markets tumble to their lowest level in 3 years. Macquarie Group (ASX: MQG) responds to ASX, saying it is unaware of reasons behind recent trading in its stocks.
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| US Market Wrap - 18/09/08 Thu, 18 Sep 2008
U.S. markets are thrashed overnight in the second biggest fall this year. Washington Mutual (NYSE: WM), Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) all sink as investors flee bank stocks.
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| Market Wrap - 17/09/08 Wed, 17 Sep 2008
The Aussie market erases gains and closes lower. Local banks decline on the failure of Lehman Brothers in the U.S. and materials stocks fall on lower base metal prices.
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| Market at Midday - 17/09/08 Wed, 17 Sep 2008
Macquarie Group (ASX: MQG) rejects report it would struggle to refinance $5 billion of debt by March 2009. BHP Billiton (ASX: BHP) commits funding for project in Trinidad and Tobago.
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| Stock Watch - 17/09/08 Wed, 17 Sep 2008
Stockbroker Mr. Evan McQuire takes a technical look at the S&P500, Nasdaq, AIG.N, Gold, Silver, Light Crude, S&P/ASX200, CBA, ANZ, OSH, LEI, and NFK.
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| Australian Share Market Outlook - 17/09/08 Wed, 17 Sep 2008
Woolworths (ASX: WOW) is reportedly looking offshore for acquisitions. Qantas (ASX: QAN) official met with corporate customers to ease concerns about air safety and maintenance standards.
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| US Market Wrap - 17/09/08 Wed, 17 Sep 2008
U.S. stocks clawed back from their biggest drop in 7 years, sparked by growing optimism that authorities may finance a rescue of insurer American International Group (NYSE: AIG).
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| Market Wrap - 16/09/08 Tue, 16 Sep 2008
Shares of Babcock and Brown (ASX: BNB) have tumbled as the collapse of Lehman Brothers (NYSE: LEH) fanned concern over its ability to repay debt. ANZ (ASX: ANZ) says its exposure to Lehman is nearly $150m.
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| Market at Midday - 16/09/08 Tue, 16 Sep 2008
CBA (ASX: CBA) says its exposure to the bankrupt Lehman Brothers (NYSE: LEH) is less than $150m. Babcock and Brown Wind (ASX: BBW) to buy back as much as 10 per cent of its shares.
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| Australian Share Market Outlook - 16/09/08 Tue, 16 Sep 2008
The Australian share market is expected to open in negative territory after a nightmare on Wall Street overnight after Lehman Brothers (NYSE: LEH) filed for bankruptcy.
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| US Market Wrap - 16/09/08 Tue, 16 Sep 2008
The U.S. stock market has had its worst day in six years amid fears about the financial system's stability after Lehman Brothers (NYSE: LEH) filed the biggest bankruptcy in history.
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| Market Wrap - 15/09/08 Mon, 15 Sep 2008
Westpac (ASX: WBC) will lower its fixed interest rates for both new and existing customers from tomorrow. Toro Energy (ASX: TOE) to step up uranium exploration in WA after a change of state government and reversal of uranium policy.
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| Market at Midday - 15/09/08 Mon, 15 Sep 2008
Phil Green resigns as a non-executive director of troubled investment firm Babcock and Brown (ASX: BNB). Centro Properties Group (ASX: CNP) fails to close a deal to sell almost all of its Centro America Fund.
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| Stock Watch - 15/09/08 Mon, 15 Sep 2008
Stockbroker Mr. David Fellowes takes a technical look at S&P500, Nasdaq, S&P/ASX200, DXY USD Index, CRB Commodity Index, Crude oil, ORG, STO, WPL, Copper, RIO, IPL, LEH.N, and NAB.
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| Australian Share Market Outlook - 15/09/08 Mon, 15 Sep 2008
The local market is predicted to start the week in positive territory. Higher metal prices could boost mining shares while oil hits a six month low. U.S. officials fail to find a bail out plan for Lehman Brothers over the weekend.
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| US Market Wrap - 15/09/08 Mon, 15 Sep 2008
U.S stocks closed mixed on Friday as the Federal Reserve and Treasury Department try to find a suitor for Lehman Brothers (NYSE: LEH). The Commerce Department report a surprise 0.3 per cent drop in retail sales in August.
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| Market Wrap - 12/09/08 Fri, 12 Sep 2008
An afternoon rally saw Aussie shares gain, breaking a three day losing streak. Arrow Energy's (ASX: AOE) agreement with Royal Dutch Shell increased by $140 million to account for currency changes.
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| Market at Midday - 12/09/08 Fri, 12 Sep 2008
Analysts predict further write-downs for NAB (ASX: NAB). Ausdrill (ASX: ASL) blames fall in share price on hedge fund selling after Macmahon Holdings (ASX: MAH) said its bid for the company was unlikely to succeed.
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| Australian Share Market Outlook - 12/09/08 Fri, 12 Sep 2008
ANZ (ASX: ANZ) to drop fixed interest mortgage rates from Monday. The Warehouse Group (ASX: WHS) posts a 21 per cent fall in FY net profit.
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| US Market Wrap - 12/09/08 Fri, 12 Sep 2008
U.S stocks ended higher overnight after a report that troubled investment bank Lehman Brothers (NYSE: LEH) is looking for potential suitors that includes Bank of America (NYSE: BAC).
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| Market Wrap - 11/09/08 Thu, 11 Sep 2008
Australian shares fell again today as banking stocks lost ground. Perilya (ASX: PEM) offloads its stake in the Mount Oxide project to Chalice Gold Mines, which Perilya owns a stake of.
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| Market at Midday - 11/09/08 Thu, 11 Sep 2008
Rio Tinto (ASX: RIO) has met with the Government of Guinea to discuss issues surrounding the Simandou project. AWB (ASX: AWB) accredited to export bulk wheat.
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| Australian Share Market Outlook - 11/09/08 Thu, 11 Sep 2008
Nexus Energy (ASX: NXS) signs memorandum of understanding with unknown investor for stake in its Crux light oil project off WA. Telstra (ASX: TLS) seeks federal court action against unions in dispute over staff contracts.
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| US Market Wrap - 11/09/08 Thu, 11 Sep 2008
U.S stocks ended higher overnight. FedEx (NYSE: FDX) and Texas Instruments (NYSE: TXN) both forecast strong earnings growth, and a firmer dollar and lower oil prices also helped to boost the market.
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| Market Wrap - 10/09/08 Wed, 10 Sep 2008
Aussie shares fall as the energy and materials sectors drag on the market. The Norwegian Finance Ministry has sold $980 million of Rio Tinto shares since April, on advice from its ethics council.
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| Market at Midday - 10/09/08 Wed, 10 Sep 2008
Speculation St George (ASX: SGB) CEO will step down after merger with Westpac. Seven Network (ASX: SEV) shareholders approve buyback of 40 million shares.
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| Stock Watch - 10/09/08 Wed, 10 Sep 2008
Stockbroker Mr. Evan McQuire takes a technical look at the S&P500, Dow Jones Index, FNM.N, FRE.N, Gold, Light Crude, S&P/ASX200, ORG, BXB and SEK.
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| Australian Share Market Outlook - 10/09/08 Wed, 10 Sep 2008
Ivanhoe Australia (ASX: IVA) plans to develop three new mines in eastern Australia. ABC Learning Centres (ASX: ABS) delays release of full year results till the end of the month.
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| US Market Wrap - 10/09/08 Wed, 10 Sep 2008
U.S stocks tumbled overnight after the previous session's rally. Fears for the financial sector were further fuelled by concerns over Lehman Brothers (NYSE: LEH) ability to raise much needed capital.
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| Market Wrap - 09/09/08 Tue, 9 Sep 2008
The Aussie market post solid losses, dragged down by the energy and materials sectors. Mincor Resources (ASX: MCR) revises up its nickel resources by 14 per cent.
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| Market at Midday - 09/09/08 Tue, 9 Sep 2008
Private equity firms and strategic buyers interested in Rio Tinto's (ASX: RIO) $5 billion packaging business. Intec (ASX: INL) closes zinc mine in Tasmania.
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| Australian Share Market Outlook - 09/09/08 Tue, 9 Sep 2008
MacMahon Holdings (ASX: MAH) extends its offer for Ausdrill (ASX: ASL). Lion Nathan (ASX: LNN) seeks funding from Japan.
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| US Market Wrap - 09/09/08 Tue, 9 Sep 2008
U.S stocks surged ahead on Monday, investors showing relief at the U.S. Government's bailout of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE), with many hoping this would help calm financial markets and stabilise the U.S. housing sector.
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| Market Wrap - 08/09/08 Mon, 8 Sep 2008
BHP (ASX: BHP) and RIO (ASX: RIO) both comment on BHP's proposed takeover bid for Rio when delivering letters to shareholders today. Gunns (ASX: GNS) granted an extension on its environmental impact plan for its proposed pulp mill in Tasmania.
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| Market at Midday - 08/09/08 Mon, 8 Sep 2008
Origin Energy (ASX: ORG) picks ConocoPhillips (NYSE: COP) as joint venture partner for QLD coal seam gas project. Telecom of New Zealand (ASX: TEL) to accelerate the launch of its new broadband mobile phone network.
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| Stock Watch - 08/09/08 Mon, 8 Sep 2008
Stockbroker Mr. Evan McQuire takes a technical look at the S&P500, Nasdaq, US dollar, Gold, Silver, Light Crude, Reuters/Jefferies CRB Index, SPI Futures, S&P/ASX200, UGL, and PDN.
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| Australian Share Market Outlook - 08/09/08 Mon, 8 Sep 2008
NAB (ASX: NAB) appoints a new head of its domestic retail banking division. Speculation that the St George (ASX: SGB) board will endorse Westpac's (ASX: WBC) merger offer this week.
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| US Market Wrap - 08/09/08 Mon, 8 Sep 2008
U.S stocks closed mixed on Friday after fears of a recession were further fuelled by a government report that showed unemployment rose to a five year high in August.
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| Market Wrap - 05/09/08 Fri, 5 Sep 2008
Aussie shares fall after solid losses in the U.S. overnight and on further concerns about the economy. BHP Billiton (ASX: BHP) suspends all Aussie iron ore mines after a fatality.
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| Market at Midday - 05/09/08 Fri, 5 Sep 2008
Xstrata acquires a 17.8 per cent stake in Indophil Resources (ASX: IRN). Production to commence again at BHP's (ASX: BHP) Neptune project.
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| Australian Share Market Outlook - 05/09/08 Fri, 5 Sep 2008
Living and Leisure Australia Group (ASX: LLA) to sell assets in the U.S. and Europe to focus on its operations in Asia. Telstra (ASX: TLS) adds to speculation the proposed national broadband network may force the split of its businesses.
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