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Market dragged lower by banking falls - Yahoo!7 Finance News

Tuesday February 9, 2010, 5:36 pm The Australian share market has closed the day lower, dragged down by ongoing concern about European sovereign debt and a cautious profit outlook from the Macquarie Bank . The All Ordinaries Index fell 18 points to 4,521, and the ASX

Uranium mine leak "5400 times normal level"

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Contaminated water seeping from a mine in Kakadu National Park has a uranium concentration more than 5,000 times the normal level, a Senate estimates committee has heard. The Office of the Supervising Scientist is the environmental regulator of the Ranger uranium mine, which is
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Market slips on continued Europe fears

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The Australian share market has slipped just under 1 per cent, weighed down by ongoing concerns about European sovereign debts. The All Ordinaries Index was 47 points lower at 4,492 shortly before 1:00pm ( AEDT ), and the ASX 200 also fell 47 points to 4,475. Investment
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Ammonium nitrate plant two years away

A company building an almost $ 100 million ammonium nitrate plant in central Queensland says it should be operational in two years. Incitec Pivot spokesman Alan Grace says the plant at Moranbah was delayed a year ago when it was one-third completed because of the financial

JBH Shares Down After CEO Walks

JB Hi-Fi CEO, Richard Uechtritz revealed yesterday that he was stepping down mid year, a move that sent the share price south by more than 7% at one stage (or $1.45) His announcement coincided with the company's interim profit , up 29% to a net $76 million. The company also

AMP Alone On AXA Bid

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The AMP said yesterday that it's considering its position in relation to its takeover bid , following the expiry of an exclusivity agreement with the target's French parent. AMP said yesterday that its exclusivity agreement with AXA SA over their bid for AXA Asia Pacific had
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Australia shares seen down; Macquarie in focus - Yahoo!7 Finance News

Tuesday February 9, 2010, 8:29 am SYDNEY, Feb 9 (Reuters) - Australian stocks are seen lower on Tuesday, as investors continue to fret over the euro zone's sovereign debt troubles, with sentiment also cautious ahead of the rush of corporate earnings later this week. Macquarie

Aussie dollar subdued, coal deal offers some support

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* Aussie hovering at $0.8680 having eased from an early $0.8724 high, but above a four-month low of $0.8576 hit on Friday when risk appetite for high yielding currencies vanished amid sovereign debt problems in ,Europe. * Technically the currency was oversold after shedding seven
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Corporates: HVN, VBA, RMD

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Harvey Norman reported yesterday that sales for the six months to December 31 were $3.27 billion against $3.15 billion in the previous corresponding period, representing a lift of 4%. The shares closed down 10 cents, or 2.7 %, at $3.62. Although the company said sales for the month
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Australia shares seen falling on weaker resources - Yahoo!7 Finance News

Monday February 8, 2010, 8:56 am SYDNEY, Feb 8 (Reuters) - Australian stocks are set to fall again on Monday, dragged down by resources companies after oil and metals prices tumbled and by worries about how Greece and Portugal will cope with their debt woes . Company results

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