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  • TZ Limited signs delivery giant TNT Express to A.D.A.M. Parcel Locker network

    2:28 am

    TZ Limited signs delivery giant TNT Express to A.D.A.M. Parcel Locker network

    The addition of leading domestic and international express delivery company TNT Express to its growing A.D.A.M. Parcel Locker Network gives TZ a giant step forward.  It is in a strong position to take on Australia Post and overtake it in the parcel distribution and online logistics business given TZ's "agnostic" delivery platform.

  • Why the Dow swung in near 300 point range

    Wed 11:18 pm

    Why the Dow swung in near 300 point range

    U.S. markets reversed sharp gains from earlier in the session overnight as comments from Fed chief Bernanke and minutes from the latest meeting suggested that the tapering of easing policies could begin soon. In the pre-open markets the Dow-mini is up 14 points to 15,334, while the ASX SPI 200 is off 20 points at 5151.

  • ASF Group forms strategic partnership with China Real Estate Association

    Wed 3:03 am

    ASF Group forms strategic partnership with China Real Estate Association

    The formation of a strategic partnership agreement with China Real Estate Association has the potential to improve ASG Group’s position in the property sector while increasing its exposure in China.

  • Peak Resources produces refined rare earth products from Ngualla mineralisation

    Wed 1:30 am

    Peak Resources produces refined rare earth products from Ngualla mineralisation

    Peak Resources is on track to become the next major rare earth supplier from the Ngualla project in Tanzania. The company has produced two refined rare earth products at ANSTO Minerals - which importantly are in saleable form and available for evaluation by target customers.

  • HP tops on the bottom line in Q2

    Wed 10:06 pm

    HP tops on the bottom line in Q2

    Shares of Hewlett-Packard Company (NYSE: HPQ) are soaring in after-hours trading after the company topped expectations in the second quarter.

    HP's earnings dropped 31 per cent to $0.55 per share from the same prior-year period. After adjusting for one-time items, earnings fell 11 per cent to $0.87 per share, six cents ahead of analyst expectations. 

  • Copper rises to six-week high as mines close

    Wed 9:06 pm

    Copper rises to six-week high as mines close

    Prices for copper on the London Metal Exchange rose to US$7533.75 a metric tonne Wednesday, a bump of 2.2 per cent, to reach a six week high in the wake of Freeport's Grasberg mine disaster on the back of apparent concerns  of constrained supplies.

  • Wall Street turns lower after Fed minutes reveal possible June start for tapering

    Wed 8:26 pm

    Wall Street turns lower after Fed minutes reveal possible June start for tapering

    U.S. markets reversed sharp gains from earlier in the session on Wednesday as commens from Fed chief Ben Bernanke and minutes from the central bank's latest meeting suggested that the tapering of the aggressive easing policies could begin in the coming months. 

  • Ski-Doo maker BRP to raise C$262 million in largest Canadian IPO this year

    Wed 7:48 pm

    Ski-Doo maker BRP to raise C$262 million in largest Canadian IPO this year

    BRP plans to sell 12.2 million shares for C$21.50 each, the Valcourt, Quebec-based company said in a statement on Wednesday. Based on that price, the company’s market capitalization will be about C$2.5-billion. The IPO is Canada's largest since Hudson's Bay Co. (TSE:HBC), the country's oldest company, raised $365 million in November.