Babcock & Brown Ltd.
ASX closes lower after financials fall
The Australian share market closed lower after falls from the financial sector, with Babcock & Brown suffering a heavy loss amid a drop in interim profit.
Vulnerable to viruses, damned by the hedge funds
There should be no doubt in anyone's mind that those aggressive funds we all love to hate were responsible for the massive fall in Babcock & Brown's share price yesterday - a fall so large it prompted a "review" by the company's banks of its corporate debt facility.
Australian stocks lower at noon
The Australian share market was lower at noon by less than one per cent, with utilities and financials the main laggards.
ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
Aussie sharemarket closes stronger
The Australian share market closed moderately stronger driven by an improvement in financial stocks and a positive lead from Wall Street.
End to worst year since 1982
THE sharemarket closed lower yesterday, despite a positive start, finishing the financial year substantially weaker.
Wall Street leads shares into the red
THE sharemarket closed more than 1 per cent lower yesterday, weighed down by financial stocks after setbacks on Wall Street overnight.
Resources boost for market after slow...
THE sharemarket overcame negative early trading to close higher yesterday, boosted by strength among mining and oil stocks.
ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
Aussie stocks higher, led by resources
The Australian share market closed firmly in the black, driven by the resources sector after the commodities index recorded its biggest weekly gain in 33 years. 
Kill the competition: Citigroup...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying, what you should be thinking
Aust stocks up moderately at noon
The Australian share market was up moderately at noon as the metals & mining and energy sectors lifted, but utilities fell.
Leap of faith for miners with...
Cashed-up mining companies are opting for share buybacks.
08/12/08
Similar news about Qanta Airways
Financials lead Australian stocks higher
The Australian stock market was higher at noon, led by the financial sector and a strong US lead.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today:
WA faces $6.7b gas bill
The gas shortage in Western Australia may cost $6.7 billion, the Chamber of Commerce and Industry says.
ASX close flat as bank gains offset
The Australian share market closed flat as a rally in banks and property trusts, triggered by a positive US lead, offset falls in mining and energy stocks.
Base metals lead market into the red
THE sharemarket was dragged into the red by mining giants Rio Tinto and BHP Billiton, which fell heavily in response to lower base metals prices overnight.
Stocks lower after US slide
The sharemarket is weaker after US stocks fall after lacklustre economic news on the housing market and the factory sector dampens investor optimism.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
Aussie stocks lower on weak US lead
The Australian sharemarket was weaker at noon after US stocks fell overnight.
Stocks higher despite US fall
Australian stocks opened higher today, defying a fall on Wall Street fell on Friday.
Battered stocks pare back losses
THE sharemarket recovered from earlier losses yesterday but still ended marginally in the red - taking its lead from a rout on Wall Street over the weekend.
Gas crisis grips Perth
WA manufacturers, mines and small businesses are vying for power after the Apache gas blast cut supplies by 30%.
Market ends in sea of red as crude...
The sharemarket closed firmly in the red yesterday, with losses across all sectors after lower crude oil prices and continuing concerns about the state of credit markets.
Shares slightly higher
The Australian share market opens slightly higher after a negative lead from Wall Street.