http://australia.123jump.com/market-update-archive/Stock Market Update, IPO profiles, Earnings Call Transcripts, Economic news, company news, Mutual funds profile,Earnings News, Mutual Fund Managers,Industry sectors, Oil and Natural Gas stocks - 123Jumphttp://australia.123jump.com/market-update-archive/http://www.123jump.com/images/logo_home.jpg16066Stock Market Update, IPO profiles, Earnings Call Transcripts, Economic news, company news, Mutual funds profile,Earnings News, Mutual Fund Managers,Industry sectors, Oil and Natural Gas stocks - 123Jump1999-2007 123jump.com, Inc. All rights reservedTue, 14 Feb 2012 01:00:00 -0600http://australia.123jump.com/market-update/Australian-Stocks-Ease;-News-Corp-Faces-Inquiries/47605/Mon, 13 Feb 2012 08:21:00 -0600Stocks in Sydney trading closed lower on a weakness in resource sector and banking stocks. Tabcorp Holdings plans to raise $200 million in a debt offering. News Corp faces more inquiries after unearthing of evidence that linked James Murdoch to the wider hacking practice.Marcus Jacobhttp://australia.123jump.com/market-update/Australian-Stocks-Higher;-ANZ-Lifts-Rates-NAB-Cuts-Jobs/47589/Sun, 12 Feb 2012 08:21:00 -0600Australian stocks traded higher on the hopes that Greek Parliament approval will contain the debt contagion in Europe. ANZ was the latest bank to break ranks with the RBA and increase rates and NAB announced job cuts but failed to trim executive salaries and bonuses.Marcus Jacobhttp://australia.123jump.com/market-update/Australian-Banks-Raise-Rates;-Stocks-Fall/47574/Thu, 09 Feb 2012 08:50:00 -0600Australian stocks edged lower for the second day following weak results from BHP Billiton and Rio Tinto. Ongoing turmoil in Greece also weighed on investor sentiment. ANZ and Westpac raised interest rates on mortgage lending.Marcus Jacobhttp://australia.123jump.com/market-update/Australian-Stocks-Ease;-Rio-Tinto-Writes-Down-Alcan-Acquistion/47555/Wed, 08 Feb 2012 08:34:00 -0600Australian stocks eased after China reported a surge in inflation in January. After the close, Rio Tinto said its annual earnings dropped 59% to $5.8 billion after it wrote down its Alcan Aluminum business by $8.9 billion. Tabcorp and News Corp gained on earnings.Marcus Jacobhttp://australia.123jump.com/market-update/BHP-Billiton-Profit-Falls-6-to-$9.94-Billion-Australian-Stocks-Rise/47536/Tue, 07 Feb 2012 08:46:00 -0600BHP Billiton, the largest Australian company reported earnings declined 6% in the six month period on the fall in iron ore prices and rising operating costs. Separately, Rio Tinto announced expansion of $3.4 billion in Western Australia. In trading, Australian stocks advanced.Mukesh Buchhttp://australia.123jump.com/market-update/Australian-Rates-on-Hold-at-4.25-Record-Aussie-Dollar/47518/Mon, 06 Feb 2012 07:58:00 -0600Reserve Bank of Australia left its key lending rate on hold as the mining sector revs up spending and inflation remains within the target range. The Australian dollar rose to a record high against the euro and 27-year high against the UK pound. Cochlear jumped on lower than expected annual loss.Marcus Jacobhttp://australia.123jump.com/market-update/Australian-Retail-Sales-Growth-Slows-to-2.4;-Spotless-Perpetual-in-Focus/47505/Sun, 05 Feb 2012 08:06:00 -0600Australian retail sales increased 2.4% in 2011, the slowest annual pace in 27 years when record keeping began. Perpetual chief executive resigned and Spotless Group permitted Pacific Equity Partners to conduct due diligence.Marcus Jacobhttp://australia.123jump.com/market-update/Australian-Services-Expands-in-January/47488/Thu, 02 Feb 2012 09:37:00 -0600Australian stocks edged lower and declined in the week for the first time this year. Commodities traded lower. The service sector index expanded at the fastest pace in five months in January. Magma Metals soared after it received a takeover bid from Panoramic Resources.Marcus Jacobhttp://australia.123jump.com/market-update/Australian-Indexes-Rebound-After-3-day-Losses;-Coles-Sales-Up/47471/Wed, 01 Feb 2012 09:11:00 -0600Australian stocks gained after a streak of 3-day losses and on the rising exports of commodities to Asia. December exports rose 2% to $27.92 billion and trade surplus widened to $1.71 billion. The supermarket chain Coles said food and liquor sales increased 4.1% in the quarter to December.Marcus Jacobhttp://australia.123jump.com/market-update/Australian-Home-Prices-Decline-4.8;-Fortescue-in-Focus/47450/Tue, 31 Jan 2012 09:01:00 -0600Australian indexes eased after home prices fell December quarter. Wesfarmers traded down ahead of its quarterly results tomorrow. Fortescue Metals Group declined after a key investor cut its stake to 1%.Marcus Jacob