Labor put budget on ruinous track: Abbott

Labor put budget on ruinous track: Abbott

AAP Prime Minister Tony Abbott says the intergenerational report will show the budget was heading into a ruinous state under Labor. On Thursday, Treasurer Joe Hockey will hand down the five-year review of the challenges facing the economy over the next 40 years. "What the report will show is that under the policies of the former government, we were going into a ruinous fiscal position," Mr Abbot…

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Company Finances

  • Sony plans to launch virtual-reality headset in 2016 Associated Press - 1 hour 17 minutes ago
    Sony plans to launch virtual-reality headset in 2016

    Sony intends on unleashing its virtual-reality headset on consumers next year. The gaming and electronics giant says its Project Morpheus VR system will debut in early 2016. The announcement was made Tuesday ...

  • The top 10 movies on the iTunes Store Associated Press - 3 hours ago

    iTunes Movies U.S. charts for week ending March 2, 2015: Top Movies 1.Big Hero 6 2.Birdman 3.Whiplash 4.The Theory of Everything 5.Horrible Bosses 2 6.St. Vincent 7.A Most Wanted Man 8.The Hunger Games: ...

  • Final Glance: Food companies Associated Press - 3 hours ago

    Shares of some top food companies were mixed at the close of trading: ConAgra Foods Inc. fell $.14 or .4 percent, to $34.96. General Mills Inc. fell $.02 or percent, to $53.48. Hormel Foods Corp. fell ...

  • Final Glance: Tools and Appliances companies Associated Press - 3 hours ago

    Shares of some top tools and appliances companies were down at the close of trading: General Electric Co. fell $.25 or 1.0 percent, to $25.86. Snap-On fell $.37 or .2 percent, to $147.92. Stanley Works ...

  • Final Glance: Consumer companies Associated Press - 3 hours ago

    Shares of some top consumer companies were mixed at the close of trading: Clorox rose $.92 or .8 percent, to $110.84. Colgate-Palmolive Co. fell $.33 or .5 percent, to $70.68. Kimberly-Clark Corp. fell ...

  • Final Glance: Autos companies Associated Press - 3 hours ago

    Shares of some top autos companies were mixed at the close of trading: Ford Motor Co. fell $.40 or 2.4 percent, to $16.17. General Motors Co. rose $.19 or .5 percent, to $37.80. Honda Motor Co. rose $.04 ...

  • Final Glance: Beverages companies Associated Press - 3 hours ago

    Shares of some top beverages companies were down at the close of trading: Anheuser-Busch Inbev ADR fell $.50 or .4 percent, to $126.27. Coca-Cola Co. fell $.25 or .6 percent, to $42.95. Dr Pepper Snapple ...

  • iLuv Debuts Stylish and Protective Cases for Samsung GALAXY S6 GlobeNewswire - 3 hours ago

    PORT WASHINGTON, N.Y. -- iLuv Creative Technology, the premier provider of the most comprehensive line of accessories for the mobile lifestyle, announces a new line of cases specifically designed for the ...

  • Bob Evans misses 3Q profit forecasts Associated Press - 5 hours ago

    On a per-share basis, the New Albany, Ohio-based company said it had net income of 25 cents. Earnings, adjusted for non-recurring costs, were 60 cents per share. The results did not meet Wall Street expectations. ...

  • Fossil Group, Inc. to Provide Audio Webcast of Investor Day Presentation on Thursday, March 5, 2015 at … GlobeNewswire - 5 hours ago

    RICHARDSON, Texas -- Fossil Group, Inc. announced today that it will provide an audio webcast of its Investor Day presentation being held on Thursday, March 5, 2015 at 4:00pm ET.