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  • Market up firmly mid-session

    Australian stocks were up firmly mid-session, with the banks and miners leading the broader market higher.At 10.20am, the benchmark S&P/ASX200 index was up 63.3 points, or 1.2 per cent, at 5244.1 points while the All Ordinaries index was up 59.2 points, or 1.1 per cent, at 5219 points.The local market opened the new trading week up about 0.75 per cent and extended gains through the morning, ...

  • Stocks to watch at noon on Monday

    Stocks to watch on the Australian stock exchange at noon on Monday:GPT - GPT PROPERTY GROUP - up 5.00 cents, or 1.21 per cent, at $4.17LLC - LEND LEASE GROUP - up 22 cents, or 2.10 per cent, at $10.69Property owner GPT Group has sold its 50 per cent stake in the Erina Fair shopping centre on the NSW central coast for $397 million.LEI - LEIGHTON HOLDINGS LTD - up 86 cents, or 4.77 per cent, at ...

  • Yahoo to buy blog-maker Tumblr for $1.1 billion report

    New York: The board of Yahoo! has agreed to a deal to purchase the popular blogging platform Tumblr for $1.1 billion, the Wall Street Journal reported Sunday.Yahoo! did not immediately return AFP's calls for confirmation, but CEO Marissa Mayer has scheduled a news conference in New York Monday at which the company said it will unveil "something special."Reports last week said ...

  • Viento wins $15.4m FMG contract

    Viento Group has won a $15.4 million Fortescue Metals Group contract to build a tailings storage facility contract for the iron ore miner's Solomon iron ore project.Work on the project, a joint venture with Eastern Guruma and Wirlu-murra Yindjibarndi Aboriginal Corporation, will begin this month with an expected completion date of late September.Viento Contracting Services managing director ...

  • Market opens up firmly

    UPDATE 8.20am: The Australian sharemarket has opened nearly one per cent higher on the back of a positive lead from Wall St on Friday.At 8.20am, the benchmark S&P/ASX200 index was up 46.3 points, or 0.9 per cent, at 5227.1, while the broader All Ordinaries index was up 43.9 points, or 0.9 per cent, at 5203.7.More to ...


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Movie Review

Monster House [Blu-Ray]

Monster House [Blu-Ray]

Monster House, a CG-animated horror comedy, has the kind of freaky-fun imagery that goes directly to the heart of your inner child. Kids see monsters everywhere--in knotty trees, in shadows, in wads of clothes under the bed--and first-time director Gil Kenan plays with this ten ... ...

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  • CBH warns of risky choice

    CBH has warned growers to carefully consider the risks in opting out of its integrated supply chain after moving to comply with an Australian Consumer and Competition Commission ruling that opens up the grain freight business to other players.The co-operative had until today to make its Grains Express freight operations voluntary and has revealed the process for growers seeking to use ...

  • Busselton growers fear increase in imports

    Busselton growers have warned the future of home-grown fruit and vegetables is in grave danger due to cheap imports.The Department of Agriculture, Fisheries and Forestry has revealed the value of processed fruit and vegetable imports into WA has grown 64 per cent from $71 million in 2010-11 to $116 million in 2011-12.Fresh fruit and veg imports rose by 19 per cent in the same period.Busselton ...

  • Executive quits Muja vehicle

    Mystery surrounding Verve Energy's troubled $250 million bid to resurrect the Muja coal-fired power station in Collie has deepened, with senior executives from its joint venture partner resigning en masse.Documents lodged with the Australian Securities and Investments Commission state Vinalco Energy directors Grant Kempe and Michael Williams resigned last month. Vinalco is the joint venture ...

  • Australian market set to open higher

    The Australian market looks set to open higher after Wall Street again set new records.At 0630 AEST on Monday, the June share price index futures contract was up 19 points at 5,212.In economic news on Monday, the Commonwealth Bank business sales indicator for April as is the National Australia Bank's business customer satisfaction ratings and the ASX launches exchange-traded bonds.John ...

  • Yahoos board approves $1.1 billion Tumblr acquisition WSJ

    SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday.Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company in July 2012. Yahoo is keen on fast-growing Tumblr ...

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