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6.15am, Wednesday 8 February 6.15am, Wednesday 8 February

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Glencore merger: Xstrata shareholders vow to oppose deal - The Guardian The GuardianGlencore merger: Xstrata shareholders vow to oppose dealThe GuardianPlans for a $90bn (£57bn) merger between Xstrata and the commodities trader Glencore have been dealt a major blow after two of the mining group's largest independent shareholders insisted the terms "clearly undervalued" Xstrata.Glencore to Buy Xstrata for $41 Billion in Biggest Mining DealBusinessWeekGlencore-Xstrata Deal Faces Mountain of ChallengesWall Street JournalNumbers count in Glencore-Xstrata dealFinancial TimesReuters -Bloomberg -BBC Newsall 1,226 news articles »

US stocks reverse early losses to trade up 0.2pc - The Australian Globe and MailUS stocks reverse early losses to trade up 0.2pcThe AustralianUS stocks held gains overnight, even as Greece delayed action on austerity measures to aid its debt crisis. The Dow Jones Industrial Average was up 30 points, or 0.2 per cent, to 12875 overnight, reversing early losses. The Standard & Poor's 500-stock ...US Stocks Hold Gains In Afternoon Trade, Despite Greek DelayWall Street JournalUS STOCKS-Wall St edges up with Greek deal awaitedReutersDow Average Rises Toward Highest Level Since 2008 on Greek TalksBusinessWeekForbes -Reuters UKall 1,819 news articles »

RBA passes, now it's the banks' turn - Sydney Morning Herald The AgeRBA passes, now it's the banks' turnSydney Morning HeraldChief economics correspondent, Peter Martin says the four big banks are 'sitting on their hands' since inflation is on target. The Reserve Bank's decision to leave its cash rate at 4.25 per cent is going to cause some hand-wringing inside the big banks ...Banks eye rate move despite RBA's haltThe Canberra TimesSwan v Hockey on economyABC OnlineEuro nears six-week highFinancial TimesHerald Sun -Brisbane Timesall 1,349 news articles »

NAB to review struggling UK operations - Financial Times Sydney Morning HeraldNAB to review struggling UK operationsFinancial TimesBy Sharlene Goff in London and Neil Hume in Sydney The future of National Australia Bank's UK arm was thrown into doubt on Tuesday as the bank launched a strategic review of its underperforming Clydesdale and Yorkshire banks business amid fears of a ...Clydesdale and Yorkshire banks' future under reviewThe GuardianReview after mixed fortune for NABHerald SunNo change on rates good news for banksSydney Morning HeraldBBC News -The Australian -Wall Street Journalall 292 news articles »

Macquarie Group tips 25pc net profit fall - NEWS.com.au NEWS.com.auMacquarie Group tips 25pc net profit fallNEWS.com.auBetter markets: Australia's biggest investment bank has posted a full-year net profit just above $1 billion. Source: Bloomberg MACQUARIE chief executive Nicholas Moore said the global economic uncertainty had deepened and resulted in "substantially ...Mac flurry to make calls on profit newsSydney Morning HeraldMacquarie Bank slashes jobs and profit forecastsThe AustralianMacquarie Full-Year Profit to Drop 25% as Capital, Securities Outlook CutBloombergHerald Sun -Wall Street Journal -Reutersall 159 news articles »

Cochlear's in the clear - The Australian Brisbane TimesCochlear's in the clearThe Australian< Prev of 2 Next > COCHLEAR has reported a loss for the first time since listing on the stock exchange 17 years ago, thanks to the worldwide recall of its faulty Nucleus C1500 ear implant. But despite dipping $20.4 million into the red for the half ...Cochlear shares soar despite $20m lossSydney Morning Heraldrecall proves costly for CochlearHerald SunCochlear Books 1H Loss As Recall Costs BiteWall Street JournalPerth Now -Sky News Australia -BigPond Newsall 47 news articles »

Fresh rioting in Greece over austerity plans - ABC Online USA TODAYFresh rioting in Greece over austerity plansABC OnlineBy Europe correspondent Philip Williams,wires Scuffles broke out and a German flag was burned outside the Greek parliament as thousands of protestors demanded an end to proposed EU-backed austerity measures. As negotiations between Greek coalition MPs ...Greek PM To Meet Party Chiefs Wednesday MiddayWall Street JournalGreek Haggling Drags on as Meeting to Seal Bailout Terms DelayedBusinessWeekGreeks angered as PM pushes on with reformSydney Morning HeraldReuters -Newsday -BBC Newsall 3,393 news articles »

Australian market preview - Sydney Morning Herald The AgeAustralian market previewSydney Morning HeraldThe Australian market looks set to open flat, despite positive moves on Wall Street overnight, after the Reserve Bank of Australia left the official interest rate on hold. At 0630 AEDT on Wednesday, the March share price index futures contract was up ...Shares fall back on surprise rates callThe AustralianDollar nears a record highHerald SunShare market shrugs off Greek debt limboABC OnlineReuters -Ninemsn -Business Spectatorall 363 news articles »

Transurban to share the spoils - The Australian Sydney Morning HeraldTransurban to share the spoilsThe Australian< Prev of 2 Next > TRANSURBAN has flagged an increase in distributions for investors into 2013 as the company looks to new toll revenue and project completions to underpin strong cashflows. The toll road operator yesterday confirmed its full-year ...Drivers told worst of M2 work nearly overSydney Morning HeraldCityLink growth helps Transurban profitHerald SunTransurban Profit Up On Traffic Volumes, Cost CutsWall Street JournalSky News Australiaall 43 news articles »

Scoot ups pressure on Jetstar - Sydney Morning Herald Sydney Morning HeraldScoot ups pressure on JetstarSydney Morning HeraldSCOOT, South-East Asia's newest budget airline, has selected the Gold Coast as its second Australian destination, ramping up pressure on Qantas's budget offshoot, Jetstar, on its home turf. The Qantas chief executive, Alan Joyce, had earlier warned of ...Scoot speeds into Gold CoastHerald SunBudget airline Scoot to fly to Gold CoastNinemsnScoot ups Qantas competitionThe AustralianBusiness Times (subscription) -CAPA - Centre for Aviation -AFPall 66 news articles »

News from Google News…

Mac flurry to make calls on profit news Macquarie Group's chief executive, Nick Moore, has finally unveiled his organisation's secret - and obviously well-planned - strategy for overcoming the troubles affecting some of its operations. Hit the phones and hope for the best.

Scoot ups pressure on Jetstar SCOOT, South-East Asia's newest budget airline, has selected the Gold Coast as its second Australian destination, ramping up pressure on Qantas's budget offshoot, Jetstar, on its home turf.

ECB angst on Greek debt The European Central Bank is taking a peculiar stance, writes Joseph Stiglitz.

Funds misused at MF Global An investigation revealed the US company misused funds days before filling for bankruptcy.

Transurban's profit on the up Transurban has highlighted its 'defensive nature' after reporting steady growth.

US stocks reverse early losses US stocks held gains overnight, even as Greece delayed action on austerity measures to aid its debt crisis.

Dollar pulls back from high THE Australian dollar pulled back slightly after reaching a new six-month high yesterday following a key cash rate decision.

NAB feels margin squeeze THE global funding crunch for banks became clearer yesterday when National Australia Bank revealed squeezed profit margins.

Fox hits out at Woolies and Coles TRUCKING magnate Lindsay Fox has launched a scathing attack on Australia's major retailers.

Reserve's rude shock on rates FOR Citigroup's economists in Sydney, it was "tough love". But for the country's top market economists, it was a rude shock.