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SingTel posts profit rise

SingTel owns Australia's second-largest telecommunications company, Optus, and controls stakes in mobile operators across Asia. It has posted an underlying net profit in the December quarter of about $805 million. The company also said that no firm decision has been made about partially

No Optus IPO planned: SingTel

SingTel chief executive Chua Sock Koong told journalists on a conference call that she was unaware of the basis for reports Optus may be listed separately on the Australian Securities  Exchange in the near future. Media have speculated that Singtel would look to float around a quarter of its

Macquarie shares slide on profit news

Investment bank Macquarie Group says its second-half profit could be as much as 10 per cent higher than its first-half earnings, if economic conditions around the world continue to improve. Macquarie Group 's first-half earnings came in at $479 million. The company's chief

Macquarie shares slide on profit news

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Macquarie Group's first-half earnings came in at $479 million. The company's chief executive, Nicholas Moore, has briefed financial market analysts in a trading update, saying Macquarie Group's bottom line is in good health. "In terms of our balance sheet, these themes you'll be familiar with
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DJs delivers upbeat outlook

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David Jones has substantially raised its sales forecasts (AAP: Jeremy Piper) David Jones says profit margins are growing and consumer confidence is improving. The company has increased its first-half earnings outlook to approximately 10 per cent growth, from previous estimates of
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Cochlear expects FY10 growth of 15%

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AAP Hearing implant company Cochlear Ltd expects its net profit for fiscal 2010 to grow at least 15 per cent above its 2009 result. Cochlear on Tuesday booked a record net profit after tax for the first half of $75.25 million, up eight per cent on the prior corresponding period. The
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Macquarie sees H2 profit in line with H1

Investment bank Macquarie Group Ltd expects its second half profit to be broadly in line with the first half, taking the fiscal 2010 result to about $960 million. However, while uncertain markets still made forecasting difficult, there was potential for the second half result to be 10 per

Macquarie sees H2 profit in line with H1

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AAP Investment bank Macquarie Group Ltd expects its second half profit to be broadly in line with the first half, taking the fiscal 2010 result to about $960 million. The full year figure would compare with the $871 million profit booked in fiscal 2009. However, while uncertain
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BHP sale is more than a nickel and dime rumour

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Talk that BHP Billiton is looking to offload its remaining nickel assets for more than $US3 billion just won't go away. Whether the speculation proves correct - just like the rumours that it would bid for WMC and Rio Tinto were on the mark years ago - remains to be seen. BHP hosed down the
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Website to make contacting CEOs easier

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AAP Investors will be able to directly quiz company representatives, if a new website launched last week lives up to hopes. The DearCEO website will allow investors to send queries to companies that are then posted on the dearceo.com.au website. Trainee surgeon Philip Tan came up
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