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  • ATO turns screw on dodgy multinationals

    Tax commissioner Chris Jordan has had enough of companies gaming the system in their efforts to avoid paying taxes.

    Stockland Half Year Result 10 Feb 16

    Property group Stockland (SGP) lifted underlying profit by a slightly below consensus 8.1% to $313m for the first half of 2016.

    Aust shares close lower

    The Australian share market at the close on Wednesday.

    CIMIC Full Year Result 10 Feb 16

    CIMIC (CIM), formerly Leighton Holdings, has reported a 23% fall in full year net profit to $520.4 million. The result was at the top end of its guidance of $450?$520 million.

    Some signs of relief coming through

    Asian markets have fallen once again, although without quite the same ferocity we saw in yesterday?s bloodbath and there is some buying coming back into the equity markets.

    Obama to unveil election-tinged budget

    Barack Obama unveils the last budget of his presidency Tuesday, a multitrillion-dollar plan that is dead-on-arrival in Congress but could shape the 2016 White House race.

    CommSec Daily Report Wednesday

    Local shares started the session in a cautious manner reflecting a volatile session for the US share market overnight.

    Dollar dips ahead of Yellen testimony to Congress

    The dollar broadly weakened Tuesday as investors awaited Federal Reserve Chair Janet Yellen's testimony to Congress this week for signals on future interest rate increases.

    Energy sector drags Aust shares lower

    The Australian share market has fallen as the energy sector is rocked by further oil price declines.

    Consumers confident, but have job concerns

    Consumer confidence jumped 4.2 per cent in February, according to the Westpac/Melbourne Institute index of consumer sentiment.

    Coca-Cola earnings rise on higher volumes

    Coca-Cola announced a jump in fourth-quarter profits Tuesday on higher volumes and prices and said it would fully refranchise bottling operations in North America and China in a cost-cutting move.

    Stockland unfazed by slow economy

    One of the nation's biggest home builders has delivered a solid rise in first half profit, but warns price growth in Sydney and Melbourne has cooled.
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