Dow 30

Today's Business Headlines

Labor pledges add $1.7b to debt: Treasury - The West; Foreign worker row 'damaging Asian strategy' - The Aus; Labor braces for run of budget deficits - The Fin; Cloud on Water's wind deal - The West; BHP Billiton prepares to join international $1.5bn rush into shale gas - The Aus

US stocks tumble on Italy election concerns

 US stocks closed sharply lower on Monday amid concerns that Silvio Berlusconi's strong showing in the Italian election could force a coalition government and spark fresh instability in the eurozone.

iiNet on the rise, Paladin, Seven West slide

Updated stockmarket indices announced today have highlighted the rising fortunes of telco iiNet and junior miner Papillon Resources, in sharp contrast to the falling value of uranium miner Paladin Energy and publishing group Seven West Media.

Earnings help US stocks eke out gains

US stock markets managed to paddle aside a stream of negative news last week, riding a tidal wave of earnings to modest gains. The Dow Jones Industrial Average finished the week up 0.4 per cent to 12,822.57 points.

US stocks ride out euro temblors

US stock markets posted solid gains in a seesaw week of trade that was dominated by Facebook's post-IPO slump and heightened fears of a Greek euro exit and Spanish banking crisis.

For now, give me stability over excitement

Europe may still be in the doldrums but growth in the US and China is good news for the world economy.

Wall Street holds gains, erasing early losses

US stocks held steady in the green on Tuesday afternoon on growing confidence about the US job market and hope that Greece will reach a debt deal. The Dow Jones industrial average is on pace to close at its highest level since May 2008.

Eurozone worries send US stocks down

US stocks sank on Wednesday as cracks appeared in the eurozone's fiscal discipline deal and Italy was forced to pay record interest rates in a new bond issue. The Dow Jones Industrial Average closed down 131.46 points (1.10 per cent) at 11,823.48.

US stocks sink on debt deal failure

US equity markets have been rattled by news that Congress has failed to reach a deal to cut the country's massive budget deficit and to extend stimulus measures into next year.

Earnings, mergers drive US stocks higher

US stocks rose Monday on strong earnings from Caterpillar, a spate of merger activity, and signs that Europe is making progress in tackling the eurozone debt crisis. The Dow Jones Industrial Average rose 104.83 points (0.89 per cent) to finish at 11,913.62.

Banks sink as US stocks close mixed

Falling banking stocks dragged the US equity market down on Thursday amid worry about fallout from a Greek default, but Apple and Google helped the Nasdaq gain for a fourth straight day. The Dow Jones Industrial Average fell 40.72 points (0.35 per cent) to finish at 11,478.13.

Stocks open higher with broad gains

The Australian share market opened slightly higher, with broad-based gains against a positive international backdrop of growth.

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Corporate Finance

Corporate Finance

ECM driven by Business News' corporate finance database includes private equity relationships

Mergers and Aquisitions

Mergers & Acquisitions

Who are the leading hands in the West Australian M&A marketplace

Exporters

LabelValue
Rio Tinto$26.13bn
BHP Billiton Iron Ore$20.48bn
North West Shelf Venture$14.92bn
Gold Corporation$6.82bn
Fortescue Metals Group$6.68bn
Others$22.08bn
FMG
CF 2011
CF Q3 FY12

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