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Shares in Australian Pharmaceutical Industries have jumped more than eight per cent after the company lifted its profit guidance.
The Australian Bureau of Statistics has released the nation's economic growth rate for the three months to June.
Bendigo and Adelaide Bank is tapping investors for $200 million through an issue of convertible preference shares.
Private investment group Alceon has launched a $16.4m takeover offer for troubled women's fashion retailer Noni B.
Latest quarterly figues show a 2.5 per cent lift in non-residential construction activity, while residential activity was unchanged.
Coles will axe more than 400 jobs from its headquarters in Melbourne and use the savings to boost investment in its national store network.
A US survey has found foreign companies operating in China feel "targeted" by regulators and this could lead to a drop in investment.
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MELBOURNE, Sept 3 AAP 11:43AM
Shares in Australian Pharmaceutical Industries have surged after the company behind the Priceline brand lifted its full year underlying profit guidance.
Gross domestic product (GDP) growth in the 12 months to June was 3.1 per cent, in seasonally adjusted terms, the Australian Bureau of Statistics (ABS) said on Wednesday.
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SYDNEY, Sept 3 AAP 11:30AM
Australia's economy grew by 0.5 per cent in the June quarter, official figures show.
SYDNEY, Sept 3 AAP 11:18AM
The Australian government has sold $600 million of April 21, 2026 Treasury bonds.
SYDNEY, Sept 3 AAP 10:51AM
Bendigo and Adelaide Bank hopes to raise $200 million through an issue of hybrid securities to investors.
Australian indices and key stocks
MELBOURNE, Sept 3 AAP 10:48AM
The Australian share market has opened slightly lower after markets in the US put in a mixed performance overnight and some major stocks on the local bourse traded ex-dividend.
Members of the Kindl family, which founded Noni B in 1977, have agreed to grant an option to Alceon over the 19.9 per cent stake they have in the retailer.
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